Prices for Dutch cheeses rose by more than 26% and continue to rise

Published 2022년 5월 25일

Tridge summary

The article highlights a significant decrease in milk production in Europe's leading dairy countries, including Germany, the Netherlands, and France, which has adversely affected the production and global trade of Dutch cheeses, particularly Gouda, Edam, and Maasdam. This decline has resulted in a sharp increase in cheese prices and a substantial drop in global trade. The Netherlands has experienced a 26.3% rise in cheese prices, leading to a 9.7% decrease in global trade in February. The most notable impact has been in Germany, where cheese imports have fallen by 10% and prices have surpassed €5 per kilogram for the first time. This production decline has led to a significant increase in the cost of exporting cheese from the Netherlands.

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

Original content

The decline in milk production in the main European milk-producing countries Germany, the Netherlands and France has affected the production and therefore the world trade of Dutch cheeses, according to the Dutch portal Nieuwe Oogst on May 24. Dutch cheese prices rose by an average of 26.3% in February compared to the same month in 2021. Where prices have risen, global trade in Gouda, Edam and Maasdam fell 9.7% in February. In particular, Gouda production fell sharply by 13.4% in February compared to February 2021. Edam production decreased by 3.4%, Maasdam lost the least - 0.4%. Exports of Dutch cheeses are mainly declining from the Netherlands. The volume decreased by 6134 tons (about 15%) to 35,731 tons. From Germany, the world's second largest producer of Dutch cheeses, exports fell by 2,927 tons to 25,077 tons, a decrease of 10%. In the import markets, the price is the highest in Germany, exceeding €5 for the first time and amounting to €5.02 per kilogram. The ...

Source: Milknews