Tridge summary
In 2022, US dairy exports hit a record high of $9.5 billion, a 25% increase from the previous year, with cheese shipments seeing a 12% rise. Mexico became the first market to export over 2 billion dairy products, driven by a strengthened peso and increased purchases. Despite some struggles with butter, anhydrous milk fat, and whole milk powder exports in January 2023, there was a notable 16% increase in shipments compared to the same month in the previous year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
In 2022, dairy exports from the United States also grew, increasing 25% compared to 2021 and reaching a record value of USD 9.5 billion. In 2023 they also started strongly, as they were 16% higher than those of January of last year and 21% higher than those of December. According to a Farm Progress report, the US posted record dairy exports in 2021 totaling $7.6 billion, up from $6.4 billion in 2020. Last year, revenues broke that record and reached $ 9.5 billion. That represents a 25% increase in just one year. According to the US Department of Agriculture, this corresponds to 2.4 million metric tons, which represented an increase of 5% compared to 2021. (Read: 2022 closed with the most expensive dairy imports in history ) “We have had three straight years of record US dairy exports while facing some of the strongest dairy export headwinds we have ever seen,” said the US Dairy Export Council President and CEO. USA, Krysta Harden. After breaking records in beef exports in 2022, ...
Source: MXContexto
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