The EU and New Zealand benefit from growing world dairy trade

World trade in dairy products grew significantly in the second quarter of this year. The European Union and New Zealand have benefited most from this, ZuivelNL reports in an update on the world dairy trade. Cheese trade is recovering The volume of cheese traded around the world in the second quarter of 2023 increased by 1.9 percent compared to the first quarter. This is a recovery after a year of stagnant trade. The traded volume of butter and butter oil increased by 8 percent. This continues the strong growth of this product group after a short interruption with almost stable volumes. The traded volume of non-skimmed milk powder increased by 23.8 percent, more than compensating for the sharp decline in the first quarter. World trade in skimmed milk powder increased for the third quarter in a row, this time by 11.5 percent. EU benefits fully The 27 countries of the EU fully benefited from increased world trade. The cheese trade recovered and increased by 2 percent. This increased ...