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A Study of Ukrainian Dairy Industry: Financial Performance and Trends

Author

Listed:
  • Anna GERELES

    (University of Debrecen Faculty of Economics and Business, Károly Ihrig Doctoral School of Management and Business, Debrecen, Hungary)

  • László SZŐLLŐSI

    (University of Debrecen Faculty of Economics and Business, Institute of Economics, Debrecen, Hungary)

Abstract

Production of milk and dairy products is one of the key directions of the Ukrainian food industry. The development of this sector contributes to the food security of the state, as well as contributes to the development of its export potential. However, Ukraine’s dairy industry has experienced substantial structural transformations, with milk production declining to 9.8 million tonnes in 2020 – the lowest level since the country’s independence. The export of dairy products decreased by 33%, dropping to 541 thousand tonnes, while imports surged by 90% to 335 thousand tonnes. Therefore, the study aims to conduct a comprehensive assessment of milk and dairy production in Ukraine, evaluating the economic efficiency, concentration of dairy enterprises, and their financial performance. Utilising secondary data from the State Statistical Service of Ukraine and Emerging Markets Information System (EMIS), the research employs multivariate statistical methods to analyse industry trends. The practical importance of the study lies in providing actionable insights for industry stakeholders to improve milk production efficiency, dairy product competitiveness, and market stability.

Suggested Citation

  • Anna GERELES & László SZŐLLŐSI, 2025. "A Study of Ukrainian Dairy Industry: Financial Performance and Trends," SEA - Practical Application of Science, Romanian Foundation for Business Intelligence, Editorial Department, vol. 0(38), pages 89-105, September.
    • Handle: RePEc:cmj:seapas:y:2025:i:38:p:89-105
    DOI: 10.70147/s3889105
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    More about this item

    Keywords

    Dairy Industry; Milk Production; Ukraine; Efficiency; Profitability; EMIS Database;
    All these keywords.

    JEL classification:

    • M11 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Production Management
    • Q13 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Markets and Marketing; Cooperatives; Agribusiness

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