Ukraine: Cheese And Curd Market 2024

Cheese And Curd Market Size in Ukraine

In 2022, after three years of growth, there was significant decline in the Ukrainian cheese and curd market, when its value decreased by -14.4% to $X. Over the period under review, consumption continues to indicate a mild shrinkage. Over the period under review, the market reached the maximum level at $X in 2021, and then dropped in the following year.

Cheese And Curd Production in Ukraine

In value terms, cheese and curd production shrank slightly to $X in 2022 estimated in export price. Overall, production saw a deep setback. The most prominent rate of growth was recorded in 2017 with an increase of 22%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Cheese And Curd Exports

Exports from Ukraine

In 2022, overseas shipments of cheese and curd increased by 32% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, exports, however, showed a abrupt slump. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, cheese and curd exports skyrocketed to $X in 2022. Overall, exports, however, saw a abrupt contraction. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Kazakhstan (X tons), Poland (X tons) and Moldova (X tons) were the main destinations of cheese and curd exports from Ukraine, together comprising 84% of total exports. Latvia, Romania, Uzbekistan, Azerbaijan and Russia lagged somewhat behind, together accounting for a further 8.7%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Romania (with a CAGR of +484.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for cheese and curd exported from Ukraine were Kazakhstan ($X), Poland ($X) and Moldova ($X), with a combined 85% share of total exports. Latvia, Uzbekistan, Romania, Azerbaijan and Russia lagged somewhat behind, together accounting for a further 8.6%.

Romania, with a CAGR of +362.0%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average cheese and curd export price stood at $X per ton in 2022, increasing by 22% against the previous year. Overall, the export price, however, saw a slight decrease. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Russia ($X per ton) and Kazakhstan ($X per ton), while the average price for exports to Moldova ($X per ton) and Poland ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.

Cheese And Curd Imports

Imports into Ukraine

In 2022, supplies from abroad of cheese and curd decreased by -37.8% to X tons for the first time since 2015, thus ending a six-year rising trend. Overall, imports, however, showed a buoyant increase. The pace of growth was the most pronounced in 2020 with an increase of 97%. Imports peaked at X tons in 2021, and then plummeted in the following year.

In value terms, cheese and curd imports fell markedly to $X in 2022. Over the period under review, imports, however, saw a strong expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 93%. Over the period under review, imports reached the peak figure at $X in 2021, and then reduced rapidly in the following year.

Imports by Country

In 2022, Poland (X tons) constituted the largest cheese and curd supplier to Ukraine, with a 48% share of total imports. Moreover, cheese and curd imports from Poland exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. The Netherlands (X tons) ranked third in terms of total imports with a 9% share.

From 2012 to 2022, the average annual growth rate of volume from Poland totaled +12.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+17.3% per year) and the Netherlands (+8.4% per year).

In value terms, Poland ($X) constituted the largest supplier of cheese and curd to Ukraine, comprising 47% of total imports. The second position in the ranking was taken by Germany ($X), with an 18% share of total imports. It was followed by the Netherlands, with a 9.7% share.

From 2012 to 2022, the average annual growth rate of value from Poland amounted to +13.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+15.5% per year) and the Netherlands (+8.3% per year).

Import Prices by Country

The average cheese and curd import price stood at $X per ton in 2022, rising by 14% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+1.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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