Irish dairy is worth €6.8 billion shipped to 133 markets in 2022

Published Jan 11, 2023

Tridge summary

Irish dairy exports experienced a 33% increase in 2022, reaching a record value of €6.8 billion with over 1.7 million tonnes shipped to 133 markets. The EU, north America, and the UK were the primary markets, with the EU accounting for 34% of all value exports. The total value of Ireland’s agri-food exports stood at €16.7 billion. Dairy products such as butter and cheese saw significant growth, with casein and skim milk powder demonstrating the largest value growth at 68% and 44% respectively. However, exports to China continue to decline while the Philippines, Indonesia, and Thailand performed strongly. Irish dairy supply is expected to be modestly ahead of 2022, but factors like energy cost volatility and labour availability may influence production decisions. The diversified nature of the Irish dairy industry and its agility and sustainability credentials are expected to help navigate the uncertain global economic forecast and cost pressures in 2023.

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

Original content

Irish dairy exports have increased by 33% reaching a record value of €6.8 billion in 2022 with over 1.7 million tonnes of produce shipped to 133 markets worldwide, Bord Bia has said. Regions where butter, cheese and casein have a larger proportion of trade such as the EU, north America, and the UK – at an average combined value growth of 43% – performed strongest in 2022. The EU remains Ireland’s largest destination for Irish dairy accounting for 34% of all value exports; exports to the EU were up by 42% and reached a total of €2.3 billion in 2022. Bord Bia’s Export Performance and Prospects Report 2022/2023 published today (Wednesday, January 11), shows that the total value of Ireland’s agri-food exports now stands at €16.7 billion. The export value of Irish dairy in Germany rose by 32% to €482 million, with cheese and butter accounting for over two thirds of volume. Export values to France were also up by €80 million (+47%). The Netherlands and Belgium contributed €300 million ...

Source: AgriLand