New study of dairy products market from Moldova presented

Chisinau, 29 March /MOLDPRES/ - The Investments Agency of Moldova, along with the National Association of Milk and Dairy Products Producers have presented a new market study on the potential of development of the dairy products in Moldova.  

The creation of a soft record system, purchasing of pregnant cows, equipment and technical means, agricultural technology and the construction of stables are some of the activities of an Investment Plan proposed as a result of the new market study.   

Under the study, in the last three decades, the milk production industry has registered a continuous decline. ‘’The official statistics of the last ten years show that the decline was drastic, with the milk production dropping by 38 per cent on the period 2009-2019. The import records an increase of 405 per cent, while comparing the 2009 with the 2019 year, thus accounting for 30 per cent of all milk consumed. And 94 per cent of the native milk is produced in residents’ households (families) and only 6 per cent of the milks used for processing comes from agricultural enterprises,’’ reads a press release by the Investments Agency.  

The Investment Plan will be divided in three phases, which will contribute to the increase in the production of milk by farms with a share from 4 to 60 per cent. This percentage increase will lead both to the increase of milk production itself in tons and will determine the investment sum necessary.  

According to the Study, the main dairy products exported, in terms of the monetary value in 2019, were various sorts of cheese and pressed cheese – about 5.5 million dollars. These were the principal dairy products exported not only in 2019, but also in the last five years, registering an average share of about 58 per cent of the overall imports (as value) and in 2019 the value of exports dominated, with a share of 93 per cent.  

The Study also reads that Moldova records a negative Trade Balance of dairy products, with an average annual decrease of -28 per cent. The imports exceeded the exports by almost 52 million dollars in 2019. In 2015, this index was of about 20 million dollars. Respectively, the Trade Balance registered a negative trend of -161 per cent in the last five years.   

photo: madein.md