Main points
- The canned milk market in Ukraine is undergoing changes due to energy difficulties and reduced exports, and demand for long-term storage products is increasing.
- Condensed milk production is being hampered by power outages, but prices remain stable, although exports continue to fall.
Demand for condensed milk is growing / Photo Freepik
In February 2026, the canned milk market in Ukraine is experiencing significant changes due to energy difficulties and weaker exports. Consumers are increasingly choosing long-term storage products, and manufacturers are trying to keep prices stable.
The demand for condensed milk is growing, but it is more difficult to produce it
The canned milk segment is changing under the influence of prolonged power outages in February 2026. According to Infagro analysts, buyers are increasingly preferring products with a long shelf life that do not require refrigeration.
At the same time, the production of condensed milk is becoming more complicated , as this process requires a stable supply of electricity .
Important! Despite the difficulties, producers have accumulated stocks of previously manufactured products due to a noticeable reduction in exports in recent months. In January, the volume of canned milk deliveries abroad was significantly lower than at the end of the previous year, and approached one of the lowest levels in recent times – lower figures were observed only last year at the end of winter. Experts expect that February will also not be active for external sales of condensed milk.
Prices in February remain relatively stable. In the middle of the month, manufacturers offer classic condensed milk in the wholesale segment within the usual values, while products with added plant components are sold cheaper. In foreign markets, natural condensed milk costs more than products manufactured according to technical specifications.
Pay attention! Experts predict that in the future, manufacturers will try to maintain relative price stability, as this segment continues to remain economically attractive.
World prices for “milk” have been rising for 2 months: what has risen the most?
-
The dairy price index rose 3.6% to $4,030 per tonne at the Global Dairy Trade.
-
Over the last 4 auctions, butter prices have increased by 26.6%, and skimmed milk powder prices have increased by 22.3%.