More dairy products are exported from the EU

Published Dec 2, 2020

Tridge summary

The European Union has seen an increase in the production of milk products, leading to a need for more market space. Despite the challenges of the coronavirus pandemic, sales have risen both domestically and internationally in the first nine months of 2020. There has been a notable growth in exports of cheese, butter, whey, and whole milk powder. Despite a decrease in the exports of skimmed milk powder, this was compensated by the increase in other dairy products. Notably, cheese exports rose by four percent. However, there was a decline in deliveries to the Philippines and Indonesia, despite increased deliveries to Japan, South Korea, China, and Switzerland.

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

Original content

The higher production of milk products in the EU as a result of the increased milk volume had to find its way onto the market. This has worked quite well so far this year, albeit with some significant shifts in the sales channels. This was not only the case domestically, but also in export. In total, sales from the EU to third countries increased in the first nine months of 2020 compared to the corresponding period of the previous year. Due to the recovery from the middle of the year, the previously corona-related weaker export volumes could mostly be offset. The higher exports of cheese, butter, whey and whole milk powder more than offset the steeper declines in skimmed milk powder. Cheese exports rose by four percent from January to September compared to the previous year. There was growth in almost all of the major customers, especially in Japan, South Korea and the Ukraine. Significantly more goods were also delivered to China and Switzerland. Whey powder, whole milk powder ...

Source: Top Agrar Online