EU exports of skimmed milk powder 2023 plus 15%

This increase is the result of strong demand for the powder from Saudi Arabia and Morocco. The recovery of exports is also strengthened by tenders from Algeria. A slight increase in milk powder production is possible for the rest of this year, although the European Commission estimates that internal consumption will decline. In 2024, exports will decrease by 7% to 760,000 tons. Cheese exports are also growing European cheese exports are expected to grow by 1.5%. That growth is supported by competitive EU cheese prices. Internal consumption is expected to decline by 6% due to inflationary pressure. This also affects the import of premium cheeses. With a ...