News

US: Dairy exports start strong in 2023

Whey
Published Mar 20, 2023

Tridge summary

US dairy exports started strong in 2023, increasing 16% in volume in January year-over-year on a milk solids equivalent (MSE) basis (+25,026 mt MSE) and 21% in value (+$121.4 million). The main US product categories - cheese, skim milk powder and whey - grew double digits, even as sales of high-fat milk products, such as butter, anhydrous milk fat and whole milk powder, they had difficulties. Skimmed milk powder volumes continued to recover after being the only major product category to contract in 2022. In January, exports increased by 15% (+8,805 tonnes swt) year-on-year thanks to strong demand from Mexico. Whey – in all its forms, from permeate and sweet whey to WPC80 and WPI – continued to perform well (+12%, +4,351 tonnes swt for low protein varieties and +14%, +569 . ..

Original content

US dairy exports started strong in 2023, increasing 16% in volume in January year-over-year on a milk solids equivalent (MSE) basis (+25,026 tonnes swt MSE) and 21% in value (+$121.4 million). The main US product categories – cheese, skimmed milk powder and whey – grew double digits, even as sales of high-fat milk products, such as butter, anhydrous milk fat and whole milk powder, they had difficulties. Skimmed milk powder volumes continued to recover after being the only major product category to contract in 2022. In January, exports increased by 15% (+8,805 tonnes swt) year-on-year thanks to strong demand from Mexico. Whey – in all its forms, from permeate and sweet whey to WPC80 and WPI – continued to perform well (+12%, +4,351 tonnes swt for low protein varieties and +14%, +569 tonnes swt for WPC80+). Whey's success in the US has varied by geography: China has bought more low-protein varieties, while high-protein varieties have found eager buyers in a number of different ...
Source: Milkpoint
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