The amount of fresh milk sold decreased drastically

By: Trademagazin Date: 2023. 08. 29. 12:56

Milk can be found in almost every household, whether it is low-fat or fatty, and is consumed by many people for breakfast or coffee. Although the price cap and other economic events also affected the price of milk, it is still a popular food in stores. Examining the consumer milk category in more detail, it can be seen that while the amount of 2.8% UHT milk affected by the official price increased by almost 25% compared to the same period of the previous year, the sales of the former market leader 1.5% UHT milk were 13, 2, 8% and that of fresh milk decreased by 10% compared to 2023/2022.

What can we experience in the shops? How much does milk cost in supermarkets now? This was followed by Hello Vidék. According to the summary of the Milk Trade Organization and Product Council, the domestic purchase price fell to HUF 153.17/kg in July after another almost 5.5% decrease, a price that is already more than 10% lower than the price a year earlier. and it is 32% behind the record price of January 2023.

The export price is rising for the third month, the price of HUF 147.70/kg reached in July with an increase of almost 13% is 25.5% lower than the price of a year ago, but it is only 3.6% behind the purchase price . Acquisitions decreased, while exports increased in July compared to the previous year, thus in the first seven months there is a 4% decrease in acquisitions and a 6% increase in exports compared to 2023/2022.

The raw milk export rate is 10.5%. The average price of the EU-27 has been falling since January after two years of increase, with the 0.5% decrease in July – according to the European Commission’s estimate – the average price fell by 14% below the price of a year earlier. In the meantime, spot prices started to rise in May, but the large improvement in June was followed by only a moderate increase in July.