CHEESE INDUSTRY IN UKRAINE Prepared by Dmytro Luibyshko

1. Content of cheese 2. Advantage from the use of cheese 3. Competitive landscape 4. Foreign economic relations 5. Prospects for future

Cows Buffalo SheepGoats

Cheese is a very healthy food Protect tooth enamelInduce sleep

Cheese is valued for its portability, long life, and high content of: fat protein calcium phosphorus

FIGURE 1: Competitive Landscape of cheese in Ukraine

Ukraine produces cheese not only meet the needs of the domestic market, but also just as engaged in the export of these products.

Cheese used to be the most important and valuable export- oriented dairy product for Ukraine, but 84% of its sales went to the Russian market.

FIGURE 2: Export of cheese from Ukraine

Russian market remains attractive for a number of reasons: Cheese price in Russian Federation remain significantly higher than in Ukraine, which makes sales profitable despite relatively high raw milk price Exports to Russia allow Ukrainian producers to diversify sales and decrease production risks Companies can receive a foreign currency flow to mitigate Ukrainian currency devaluation risks

Conclusions