(AMI) - From January to September of the current year, there was a growing demand for dairy products from the EU. In some cases, exports to third countries increased significantly. In milk equivalent, a total of 9% more goods were exported. This was largely due to increases in skimmed milk powder, the largest export product in the Community by volume. As a result of the slightly increased milk supply, more milk products were also produced in the EU in 2019, which had to be sold on the market. This has worked well in large parts. Skimmed milk powder in particular was in high demand in the EU, but also in export, and became a true export hit. From January to September, around 28% more goods were exported to third countries than in 2018. Almost all high-volume buyers requested more goods in 2019, and in most cases the increases were even clearer. The focus of demand continued to be in Asia. Here, demand increased in Indonesia, the Philippines, Malaysia and Thailand. In China, the EU's biggest third-country customer, imports of skimmed-milk powder from the Community increased by more than half.EU cheese exports also increased until September 2019. Here, however, growth was more moderate at 3%. In addition, butter and butteroil were sold on the world market to a greater extent. Since the EU with milk fat, in contrast to the previous years, was competitive on the world market, at least in phases, in 2019, export volumes increased by around one fifth compared to the previous year. In addition, condensed milk and casein / caseinates were also increasingly exported. Only with whey powder and whole milk powder, the domestic suppliers did not reach the previous year's figures.
ZMP Live Expert Opinion
Dairy products from the EU were increasingly in demand in third quarters in the first three quarters of 2019. Domestic vendors were able to place more goods on the world market almost across all products. Skimmed milk powder showed the strongest growth, reaching a new record level. As long as the good outflow of goods continues, the stable or firmer price trends in the domestic markets are likely to continue.