Global dairy production will grow by 0.9% in 2023

Published 2023년 8월 9일

Tridge summary

The FAO predicts a decrease in dairy production in Europe, Oceania, and South America due to extreme weather and lower profitability for farmers. However, North and Central America and the Caribbean will see an increase in production. In Asia, there will be growth in production due to larger herds and increased productivity in India, Pakistan, and China, resulting in reduced import needs for China but higher demand for dairy imports in Central America, North Africa, the Middle East, and Southeast Asia.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The FAO expects a decline in dairy production in Europe, Oceania and South America, partly due to extreme weather conditions and lower margins for dairy farmers. Production will increase for North and Central America and the Caribbean. In Asia, too, the FAO foresees a growth in production due to an increase in the herd and an increasing production per cow in India and Pakistan. Production in China is also higher than in 2022. As a result, China's import needs are decreasing. The European Union and ...
Source: Agri Holland

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