2021: Record year for US dairy exports

Published 2022년 2월 28일

Tridge summary

US dairy exports hit a record high in volume and value in 2021 due to global demand and limited supply, with over 2.3 million tonnes in milk equivalent exported and a value of $7.75 billion. The increase was seen across various dairy products, with cheese, skim milk powder, whey, lactose, and fluid milk and cream setting record exports. There was also a strong rebound in Mexican dairy sales, and increased exports to Central and South America. However, supply chain issues led to significant delays and cancellations in Southeast Asia, despite it being the second largest US market by value.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Strong global demand and tight supply helped propel US dairy exports to a second consecutive volume record in 2021 and a new all-time high in value. According to the US Dairy Export Council (USDEC), US export volume last year increased 10% from 2020 to more than 2.3 million tonnes in milk equivalent. The value rose 18% to $7.75 billion. Export volume in 2021 was equivalent to more than 17% of the U.S. milk produced last year, also an all-time high, USDEC said. “We've seen tremendous growth in US dairy exports over the past two years,” said Krysta Harden, president and CEO of USDEC, based in Arlington, Virginia. “This growth is all the more impressive because it came with the ongoing pandemic and a supply chain crisis that continues to challenge the competitiveness of U.S. dairy exports.” "But it's important to remember that this is a long-term progression," he added. "U.S. exports have been on the rise over the past two decades, and the U.S. dairy industry – from producers to ...

Source: Milkpoint