The dairy industry faces big challenges
Despite improved economic results compared to the first half of 2023, data from the three quarters of 2023 pose major challenges to the dairy industry. The POLAGRA fair will be an opportunity to develop solutions and set goals. The most important companies and brands operating in this industry will once again appear at the stand of the Polish Chamber of Milk.
The results of the dairy industry in Poland are much weaker than in the same period of 2022. Revenues decreased by 10.1%, to PLN 38.3 billion. Direct exports amounted to PLN 6.8 billion, which means a decrease of 6.9%. Despite an increase of 2% to PLN 11.6 billion in the increase in supplies of dairy raw material to plants, there was a decline in revenues. This was due to the average purchase price being 8.3% lower. Operating costs decreased by 6.2% and amounted to PLN 38.3 billion.
In the period from January to September 2023, the gross profit of the dairy industry amounted to PLN 254 million and the net profit to PLN 139.8 million. Importantly, the deterioration of financial results did not negatively affect corporate investments.
The challenges facing the dairy industry mean higher production costs. This, in turn, makes Polish milk exports less and less competitive. This is another aspect that companies operating in this industry should take care of. The POLAGRA fair will be a good opportunity to develop solutions and investment directions.
In 2023, the Polish Chamber of Milk hosted companies and brands such as Alima, Lazur, Łowicz, CSM Ciechanów, Bartex, Poland Food, OSM Rawicz, Spomlek, TMT, Trademilk, Zentis at its stand.
Due to its characteristics, POLAGRA is an ideal place to present your offer for the dairy industry. The list for 2024 remains open.