Export ok for Italian milk and derivatives

Published 2020년 10월 22일

Tridge summary

In the first half of 2020, Italian dairy exports experienced a 3% increase in volume, continuing a multi-year growth trend, as reported by Assolatte. Despite the pandemic, the total turnover also rose, with cheeses and dairy products generating over 1.5 billion euros in sales. Not all categories performed equally, with Grana Padano and Parmigiano Reggiano showing limited growth but experiencing a 3.5% drop due to declining unit values. On the other hand, mozzarella, ricotta, and other fresh cheeses saw a 7% increase in physical exports and a 6.4% rise in revenue. The grated segment also performed well, growing by over 6%. However, Fiore Sardo and Pecorino Romano exports experienced significant losses. Overall, the domestic market showed an 11.5% increase in dairy product sales.

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

Original content

Positive dynamics for the export of milk and dairy products in the first half of 2020. According to Assolatte, the association of milk processing industrialists, a certain role was played by cheeses and dairy products, with shipments abroad which, despite criticalities induced by the pandemic, recorded a + 3% in volume, confirming an expansive trend that has continued for several years now. According to the association's data, based on Istat surveys, in addition to the growth in volumes there was also an increase in turnover across the border, again in relation to cheeses, with sales abroad that between January and June 2020 exceeded 1 , 5 billion euros. Strongly differentiated trends occurred between the various aggregates and denominations. Grana Padano and Parmigiano Reggiano recorded a limited progress of 0.6% in volume, but the exchange rates, due to a depreciation of unit values, recorded a contraction of 3.5% over the same period of 2019, falling below the threshold of 495 ...

Source: InformateAgrario