In the second half of 2025, exports of Ukrainian dairy products came under additional pressure due to a deterioration in global price conditions and an oversupply on international markets, ProAgro Group reports.

The decline in quotations for key exchange-traded dairy products limited export opportunities for Ukrainian processors, particularly in traditional sales markets.

In December 2025, Ukraine exported 10.38 thousand tonnes of dairy products worth $25.9 million. Compared to November, export volumes decreased by 0.3%, while export revenues fell by 6%.

Supplies of skimmed milk powder, butter and cheese were most affected at the end of the year. High production volumes in the EU, New Zealand and the United States created a significant surplus, intensifying competition and pushing export prices lower. At the same time, importers adopted a wait-and-see approach, expecting further price declines.

Despite these challenges, Ukrainian producers have maintained their presence on foreign markets by adjusting their export strategies. On an annual basis, Ukraine’s dairy exports showed strong growth: volumes increased by 44%, while export revenues rose by 51%. Some companies are shifting toward products with higher added value.

Experts note that further export dynamics will depend on global price stabilization, inventory levels in exporting countries and renewed demand from key importers. In the short term, the dairy market is expected to remain under pressure, with intense competition.

Previously, analysts forecasted a medium-term decline in milk production in Ukraine, which could later support a gradual recovery in prices for both raw milk and finished dairy products.

Source: Delo.ua