Tridge summary
The UK's dairy trade dynamics in 2022 are examined, highlighting a slight uptick from 2021 but with fluctuations based on the impact of Brexit on trade with the EU. Overall export volume for 2022 was 1.2 million tons, showing a 2% increase compared to the previous year, largely due to higher exports of dairy and cream to Ireland and the Netherlands, despite a decline in cheese, milk powder, yoghurt, and butter exports. Non-EU destinations, including China, saw a significant decrease in imports of these dairy products. On the other hand, imports from the EU fell by 6%, notably in products like yoghurt, butter, and raw milk, while imports from non-EU sources slightly increased. This analysis underscores the complex adjustments in UK dairy trade post-Brexit, with the EU continuing to play a crucial role in its dairy market connections.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Dairy trade volumes to the UK have generally increased from 2021 levels, however this must be seen in the context of reduced volumes in the first quarter of 2021, with the exit from the European Union (EU) entering into effective from January 2021. The EU remains an important market for dairy imports and exports to countries such as Ireland, France, the Netherlands and Germany. Exports Total UK dairy export volume for 2022 was 1.2mt, up 28,300t (2%) from 2021. While EU export levels rose by 45,000t, there was a drop in exports from destinations outside the EU by 16,350 t (-15%). This is especially noticeable in exports to China, which are down 7,800 t from 2021. Dairy and cream saw the biggest increase in export volumes from 2021 levels, rising to 24,650t. This was driven by an increase in total milk and cream exports to EU destinations such as Ireland and the Netherlands. However, Poland and France saw drops in milk and cream export volumes of 2,500 t and 3,400 t respectively. ...
Source: Milkpoint
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