Ukraine: Yoghurt Market 2024

Yoghurt Market Size in Ukraine

In 2022, the Ukrainian yoghurt market decreased by -2.1% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption recorded a abrupt setback. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Yoghurt Production in Ukraine

In value terms, yoghurt production totaled $X in 2022 estimated in export price. Over the period under review, production recorded a abrupt curtailment. The growth pace was the most rapid in 2017 when the production volume increased by 11% against the previous year. Yoghurt production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Yoghurt Exports

Exports from Ukraine

In 2022, shipments abroad of yoghurt decreased by -69% to X tons, falling for the third year in a row after three years of growth. Over the period under review, exports saw a perceptible shrinkage. The pace of growth appeared the most rapid in 2013 when exports increased by 43% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, yoghurt exports contracted significantly to $X in 2022. In general, exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2013 with an increase of 49% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Moldova (X tons) was the main destination for yoghurt exports from Ukraine, with a 79% share of total exports. Moreover, yoghurt exports to Moldova exceeded the volume sent to the second major destination, Georgia (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume to Moldova totaled -3.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Georgia (+11.8% per year) and Armenia (-8.2% per year).

In value terms, Moldova ($X) remains the key foreign market for yoghurt exports from Ukraine, comprising 78% of total exports. The second position in the ranking was held by Georgia ($X), with an 18% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Moldova stood at -5.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Georgia (+6.9% per year) and Armenia (-13.2% per year).

Export Prices by Country

The average yoghurt export price stood at $X per ton in 2022, rising by 9.8% against the previous year. Over the period under review, the export price, however, showed a pronounced decrease. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Moldova ($X per ton), while the average price for exports to Armenia ($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 Moldova (-2.7%), while the prices for the other major destinations experienced a decline.

Yoghurt Imports

Imports into Ukraine

In 2022, supplies from abroad of yoghurt decreased by -34.3% to X tons for the first time since 2015, thus ending a six-year rising trend. Over the period under review, imports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of 86%. Imports peaked at X tons in 2021, and then dropped significantly in the following year.

In value terms, yoghurt imports reduced rapidly to $X in 2022. In general, imports, however, enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2017 when imports increased by 76% against the previous year. Over the period under review, imports attained the maximum at $X in 2021, and then shrank dramatically in the following year.

Imports by Country

In 2022, Poland (X tons) constituted the largest yoghurt supplier to Ukraine, accounting for a 77% share of total imports. Moreover, yoghurt imports from Poland exceeded the figures recorded by the second-largest supplier, Germany (X tons), fivefold. The third position in this ranking was held by Belarus (X tons), with a 4.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Poland totaled +86.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+26.8% per year) and Belarus (-2.5% per year).

In value terms, Poland ($X) constituted the largest supplier of yoghurt to Ukraine, comprising 73% of total imports. The second position in the ranking was taken by Germany ($X), with a 20% share of total imports. It was followed by Belarus, with a 3.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Poland stood at +87.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+22.8% per year) and Belarus (-3.5% per year).

Import Prices by Country

The average yoghurt import price stood at $X per ton in 2022, increasing by 20% against the previous year. Over the period under review, the import price, however, showed a pronounced curtailment. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($X per ton) and France ($X per ton), while the price for Belarus ($X per ton) and Poland ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+0.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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