(AMI) - In the first six months of 2019, more milk products were exported from the EU to third countries than in the same period last year. Across products, the increase in milk equivalent was around 6%. This was mainly due to the sharp rise in deliveries of skimmed milk powder. Skimmed milk powder exports grew by almost one third skimmed milk powder recorded the strongest growth among dairy products in the first half of the year. Shipments to third countries totaled 514,564 tonnes, an increase of 30.8%, reaching a new record level. China, as the largest buyer, increased its imports from the EU by 71%. In addition, deliveries to Indonesia, the Philippines and Saudi Arabia more than doubled. Condensed milk was sold more extensively from January to June than the year before. The increase was more pronounced at 14.8% than for casein, where the increase was 3.6%. A slight plus was also recorded by exports of cheese. This was mainly due to higher deliveries to the largest third country customers, the USA, and Japan. With 423.610 tonnes were exceeded by 0.9% in the first six months of the previous year. After initial growth, however, declining developments dominated the picture in the second quarter. Whole milk powder clearly in decline In the half-year analysis, however, exports of other dairy products were below the result of 2018, in some cases even significantly. Whole milk powder posted a decline of almost a quarter, mainly as a result of significantly lower deliveries to Oman and China. Moderate looked at the developments in whey powder and butter / oil. Of the by-product of cheese production, 3.9% less was purchased from third countries in the first six months than in 2018. Butter and butter oil fell by 0.9% in the first half of 2019 overall.
ZMP Live Expert Opinion
In the first half of 2019, exports of dairy products from the EU to third countries increased overall. The exports of skimmed milk powder increased the most, but cheese also registered slight increases. In order to keep the domestic market stable, the flow of goods into the world market must continue to function smoothly.