Cheese prices in the EU dairy market are expected to rise sharply, while butter and fluid milk will keep relatively stable

Published Feb 12, 2022

Tridge summary

The EU is expected to see a rise in cheese prices due to increased export demand, while fluid milk and butter prices are projected to remain stable. The EU dairy market is predicted to grow moderately due to sustainability objectives restraining raw milk availability. Despite this, the EU is expected to remain the world's largest dairy exporter. In 2020, the EU exported 19M tonnes of dairy produce, generating $43.4B in value. The average price of dairy produce exports in the EU in 2020 was $2,238 per tonne.

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

Original content

IndexBox has just published a new report: ‘EU – Dairy Produce – Market Analysis, Forecast, Size, Trends and Insights‘. Here is a summary of the report’s key findings. EU cheese prices are expected to rise with the boosting export demand, while fluid milk and butter prices will keep relatively stable. The EU dairy market is forecast to grow only moderately, having raw milk availability restrained by sustainability objectives. Despite that, the EU is to remain the largest dairy exporter worldwide. Key Trends and Insights Related Content: This year, EU dairy prices are forecast to increase, driven by high demand against limited supply. The average cheese price will post the most noticeable gains, rising to $3.23 (+5.1% compared to the three-year average 2019-2021), while milk will be up to $0.346 per kg (only a +0.6% increase). By 2025, cheese could reach $3.30 per kg, and milk will cost $0.361 per kg. Butter price will remain stable near $2.2 per kg throughout the next five years. ...

Source: Globaltrademag