Ukraine: Powdered Milk Market 2024

Powdered Milk Market Size in Ukraine

The Ukrainian powdered milk market dropped remarkably to $X in 2022, which is down by -16.5% against the previous year. Overall, consumption saw a perceptible decrease. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Powdered Milk Production in Ukraine

In value terms, powdered milk production reduced modestly to $X in 2022 estimated in export price. Over the period under review, production saw a noticeable decline. The pace of growth appeared the most rapid in 2013 when the production volume increased by 50%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Powdered Milk Exports

Exports from Ukraine

In 2022, after two years of decline, there was significant growth in overseas shipments of powdered milk, when their volume increased by 33% to X tons. In general, exports, however, recorded a mild decline. The pace of growth was the most pronounced in 2014 with an increase of 122%. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, powdered milk exports soared to $X in 2022. Overall, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of 82%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Poland (X tons) was the main destination for powdered milk exports from Ukraine, with a 21% share of total exports. Moreover, powdered milk exports to Poland exceeded the volume sent to the second major destination, Bangladesh (X tons), twofold. The Netherlands (X tons) ranked third in terms of total exports with a 7.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Poland stood at +92.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bangladesh (+8.0% per year) and the Netherlands (+280.0% per year).

In value terms, Poland ($X) emerged as the key foreign market for powdered milk exports from Ukraine, comprising 22% of total exports. The second position in the ranking was held by Israel ($X), with a 9.8% share of total exports. It was followed by the Netherlands, with an 8.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Poland amounted to +124.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Israel (+70.3% per year) and the Netherlands (+229.3% per year).

Export Prices by Country

In 2022, the average powdered milk export price amounted to $X per ton, picking up by 29% against the previous year. Overall, the export price recorded a tangible increase. The pace of growth was the most pronounced in 2013 an increase of 43%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Israel ($X per ton), while the average price for exports to Albania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+16.7%), while the prices for the other major destinations experienced more modest paces of growth.

Powdered Milk Imports

Imports into Ukraine

In 2022, after two years of growth, there was significant decline in overseas purchases of powdered milk, when their volume decreased by -86% to X tons. In general, imports faced a abrupt contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 193%. Imports peaked at X tons in 2021, and then fell notably in the following year.

In value terms, powdered milk imports declined notably to $X in 2022. Over the period under review, imports faced a deep contraction. The pace of growth was the most pronounced in 2020 with an increase of 171% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Poland (X tons), Germany (X tons) and Belarus (X tons) were the main suppliers of powdered milk imports to Ukraine, together accounting for 87% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +25.9%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Poland ($X) constituted the largest supplier of powdered milk to Ukraine, comprising 47% of total imports. The second position in the ranking was held by Germany ($X), with a 23% share of total imports. It was followed by Belarus, with a 15% share.

From 2012 to 2022, the average annual growth rate of value from Poland amounted to -6.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+25.5% per year) and Belarus (+10.1% per year).

Import Prices by Country

In 2022, the average powdered milk import price amounted to $X per ton, jumping by 39% against the previous year. Over the period under review, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, powdered milk import price increased by +67.2% against 2020 indices. Over the period under review, average import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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