Prices for products in Ukraine: milk is rapidly becoming more expensive

Further price growth is expected due to the shortage of raw milk.

In the last two years, prices for dairy raw materials have been rising rapidly in the second half of the year. Last year they grew by more than 30%, this year the growth has already exceeded 40%, and by the end of the year it is expected to be at the level of more than 45%.

“Business. Censor” writes about this.

It is reported that as of the end of November, average prices for raw milk exceeded UAH 20/kg, while in June they did not exceed UAH 14/kg. If we compare the price level of June 2023 and the end of November 2024, the difference will be almost 1.75 times.

“This is explained by the shortage of milk raw materials in Ukraine – over the past seven years, Ukraine has lost more than 3 million tons of raw materials, as well as the rise in prices for milk fats in Europe and the world. This has led to a significant increase in the volume of their exports from Ukraine,” the publication notes.

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