Cheese production in Ukraine will be declining under pressure from growing imports

Ukrainian cheese makers are now in a difficult situation. On the one hand, growing imports of cheap European cheeses are putting pressure on the market; on the other hand, fresh dairy producers keep the purchase prices of milk high preventing cheesemakers from lowering them.
As a result, the profitability of many manufacturers is scanty, and the activities of some cheese factories are completely unprofitable.
Even now, when the hryvnia exchange rate has fallen, the cos...