The US can significantly increase cheese exports

Published 2022년 8월 3일

Tridge summary

Australian cheese production is projected to decrease to 370,000 tonnes in 2022, down from 385,000 tonnes in 2021. Despite this, exports are expected to increase by 1% to 159,000 tonnes. The European Union's cheese production is expected to reach 10.40 million tonnes, with exports rising to 1.40 million tonnes due to the opening of new cheese factories. The UK is set to return to 2020 cheese import levels. US cheese exports are set to increase by nearly 8% to 433 thousand tons, with the majority going to Mexico, South Korea, and Japan. Belarus' cheese exports are predicted to rise by +4% to 310 thousand tons, while New Zealand's are expected to decrease by 5% to 340 thousand tons.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Australian cheese production will be 370,000 tonnes in 2022, down from 385,000 tonnes in 2021. However, it should be remembered that processors will still make choices between cheeses and other products, including whole milk powder (WMP). It is expected that in 2022, the export of cheese will increase by 1% and reach 159 thousand units. tone. Despite the drop in milk supplies, EU cheese production is expected to reach 10.40 million tonnes, with exports expected to rise from 1.385 million tonnes to 1.40 million tonnes. The increase in exports will be associated with the launch of several new cheese factories, including a mozzarella factory. Cheese shipments to the UK are set to return to 2020 levels. While reduced milk purchases may affect cheese export prices, the outlook for branded cheeses looks much better. Until April, the largest markets for specialty cheese producers from the EU were Great Britain (+ 10%), the USA (+ 12%) and Japan (-6%) (similar to 2021). A significant ...
Source: MilkUA

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