Sergey Molotov: the price of raw materials in 2021 increased by 23%

‘The situation with prices for medium-level enterprises is approximately similar. In 2021, the main problems in production were related to the financial industry – with what is happening in relation to prices for cost components. The price of dairy raw materials has increased by 23% since the beginning of the year. The raw material base in the cost of dairy products is from 60 to 80%. Auxiliary materials - from 10 to 60%. The salary for 2021 increased by 13%,’ Sergey Molotov said.

The expert added that with such a level of costs, the efficiency of production is a big question. According to him, there are two ways in this situation – either a further increase in prices for dairy products (according to the speaker, at the end of the year it increased by 14% at the enterprise), or state support mechanisms. The expert considers obtaining preferential loans to be the only effective cost compensation mechanism.

Earlier, Vice-president of the company Damate Andrey Grigorashchenko spoke about the need for a long-term program of state support measures for the dairy industry.