New Zealand: Dairy exports down 7% in 2022

게시됨 2023년 2월 10일

Tridge 요약

New Zealand's dairy exports in December 2022 showed a modest year-on-year increase but marked a 7% decrease for the full year due to shifts in commodity streams. Whole milk powder (WMP) exports experienced an 18% decline, with a decrease in demand from China, while skim milk powder (SMP) and milkfat stream exports saw positive growth. Milkfat exports, including anhydrous milk fat (AMF), increased by 16% and 10% respectively, driven by demand from China and Mexico. However, cheese and whey exports saw declines of 5% and 14% respectively. In contrast, the EU-27 + UK reported an increase in milk production of 2.1%. The Global Dairy Trade (GDT) Pulse Auction saw regular grade WMP prices rise by 3.2% at the week's auction, reaching US$3303/t.

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원본 콘텐츠

New Zealand’s December export figures were released last week, giving us the full 2022 calendar year of dairy exports for the nation. While we had a positive result in December YoY, up 2%, total exports declined 7% for the full 2022 calendar year, with consecutive declines through the middle of the year. Commodity export shifts were driven by a change in stream returns, with a pull away from whole milk powder (WMP) processing and a shift towards the skim milk powder (SMP) and milkfat stream. Milk powders had a mixed year of exporting. WMP exports declined 18% YTD with only 1.358 million tonnes. This figure was compared to a record year of WMP exports the year prior. However, when going back to 2020 and 2019, the 2022 full year of WMP exports declined 12% and 13% compared to those years, respectively. China was the main driver of WMP demand slipping, with the country taking a whopping 48% less WMP for 2022. This figure is even more significant when you look at China’s market share ...

출처: Farmersweekly