Cheese shortage: experts predict a decline in domestic production

09 January 2023, 19:22 | Economy
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Experts predict that in 2023 prices for food, fuel and utilities will increase significantly. Among the products that can not only rise in price even more, but also whose production will be significantly reduced are domestic cheeses..

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In December, in the pre-holiday period, cheese sales increased compared to the autumn months. However, they turned out to be significantly less than last year, writes "

Manufacturers could get more sales growth if they cut prices. Some of them took advantage of this opportunity and increased the number of promotions to increase sales volumes..

Now the basic prices for cheese remain quite high, and in rare cases they even increased.

At the same time, European cheeses have been rapidly becoming cheaper in recent weeks, that is, there is a growing threat of an increase in their imports to Ukraine, because under these conditions it would be logical to buy cheese from retail chains in the EU, where it is a quarter cheaper than domestic producers offer..

Demand for cheese will decline in January and cheese makers will most likely have to reduce production. Given the likely resumption of imports, further reductions in cheese production can be expected in 2023.




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