Ukrainian cheese makers are facing a decline in sales due to both the high price of Ukrainian cheese and rising imports, according to Infagro, an industry news and analysis agency.
“In March, cheese imports increased by more than 40%, and in April this figure may increase by another 15-20%. That is, the share of European cheeses again accounts for about a third of total cheese sales in Ukraine,” the analysts said.
They emphasized that the share of imports in Ukraine’s domestic market is still lower than before the war, but this should force producers to take measures to stay in their own market.
“Due to the devaluation of the hryvnia, cheese exports are becoming even more profitable. At the same time, exports of cheese products, for example, to Kazakhstan, are falling rapidly. Ukrainian cheese products have already been practically pushed out of the Kazakh market by Russian producers. If exports of cheese products to Kazakhstan stop, production will have to be significantly reduced,” Infagro predicts.
