Ukraine: Market for Processed cheese (excluding grated or powdered) 2021

Market Size for Processed cheese (excluding grated or powdered) in Ukraine

In 2020, the Ukrainian market for processed cheese (excluding grated or powdered) decreased by -X% to $X for the first time since 2015, thus ending a four-year rising trend. Overall, consumption, however, showed a pronounced decline. The growth pace was the most rapid in 2019 with an increase of X% y-o-y. Consumption peaked at $X in 2007; however, from 2008 to 2020, consumption remained at a lower figure.

Production of Processed cheese (excluding grated or powdered) in Ukraine

In value terms, production of processed cheese (excluding grated or powdered) shrank to $X in 2020 estimated in export prices. Overall, production saw a abrupt curtailment. The pace of growth was the most pronounced in 2017 when the production volume increased by X% year-to-year. Production peaked at $X in 2007; however, from 2008 to 2020, production stood at a somewhat lower figure.

Exports of Processed cheese (excluding grated or powdered)

Exports from Ukraine

In 2020, overseas shipments of processed cheese (excluding grated or powdered) decreased by -X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a abrupt decline. The pace of growth appeared the most rapid in 2015 with an increase of X% year-to-year. Over the period under review, exports reached the peak figure at X tons in 2009; however, from 2010 to 2020, exports remained at a lower figure.

In value terms, exports of processed cheese (excluding grated or powdered) reduced notably to $X in 2020. Overall, exports saw a abrupt decrease. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at $X in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Moldova (X tons), Turkmenistan (X tons) and Azerbaijan (X tons) were the main destinations of exports of processed cheese (excluding grated or powdered) from Ukraine, together comprising X% of total exports. These countries were followed by Georgia, the U.S. and Kazakhstan, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the U.S. (+X% per year), while exports for the other leaders experienced mixed trend patterns.

In value terms, Moldova ($X) remains the key foreign market for processed cheese (excluding grated or powdered) exports from Ukraine, comprising X% of total exports. The second position in the ranking was occupied by Turkmenistan ($X), with a X% share of total exports. It was followed by Azerbaijan, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Moldova stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkmenistan (+X% per year) and Azerbaijan (-X% per year).

Export Prices by Country

The average export price for processed cheese (excluding grated or powdered) stood at $X per ton in 2020, rising by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2012 when the average export price increased by X% y-o-y. Over the period under review, average export prices hit record highs in 2020 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was the U.S. ($X per ton), while the average price for exports to Turkmenistan ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Processed cheese (excluding grated or powdered)

Imports into Ukraine

In 2020, supplies from abroad of processed cheese (excluding grated or powdered) increased by X% to X tons, rising for the fifth consecutive year after three years of decline. Over the period under review, imports posted perceptible growth. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Imports peaked in 2020 and are expected to retain growth in the immediate term.

In value terms, imports of processed cheese (excluding grated or powdered) expanded sharply to $X in 2020. In general, imports continue to indicate temperate growth. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2020, imports failed to regain the momentum.

Imports by Country

Germany (X tons), Poland (X tons) and Slovakia (X tons) were the main suppliers of imports of processed cheese (excluding grated or powdered) to Ukraine, with a combined X% share of total imports. Finland, France and Moldova lagged somewhat behind, together accounting for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Moldova (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Poland ($X) and Slovakia ($X) were the largest processed cheese (excluding grated or powdered) suppliers to Ukraine, together comprising X% of total imports. Finland, France and Moldova lagged somewhat behind, together accounting for a further X (+X% per year) saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average import price for processed cheese (excluding grated or powdered) amounted to $X per ton, approximately mirroring the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2011; however, from 2012 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was France ($X per ton), while the price for Moldova ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by France, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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