2016 has stabilised (AMI) - international demand for dairy products. In the past calendar year, somewhat more dairy products in the world market were demand in the sum. Previously trade had stagnated in the year 2015 through the weaker imports of China and Russia, and many petroleum exporting countries. Trading activities have increased in the past year slightly, however starting from very low levels, that by 2015 there were. Also slightly recovered oil prices helped.
On the basis of the exports of the ten volume leading exporters of milk products, these have used more goods to the world market 2016 again as in the previous year. Increases arise for the previous calendar year in butter and cheese. Trade in milk and skimmed-milk powder, however, decreased last year in total.
The EU could claim 2016 as the leading exporter of dairy products. In the course of which exports could partly significantly increased the EU butter and cheese also achieve a higher market share. New Zealand dominated the markets for butter and milk powder but still with clear distance. The United States also amounted to lactose in skim milk and whey powder on one of the leading positions.
Total proved 2016 regarding the possibilities of sales of milk products, however, that the purchasing power of many importing countries still suffered from very low oil prices which in comparison to previous years. In oil-exporting countries, revenues largely through commodity sales are generated, which is reflected in the level of prices prevailing in the past year in limited import options.
ZMP Live Expert Opinion
The slight growth in demand has dampened 2016 in conjunction with the trending milk production, which almost all over the world was in a row of low milk prices, allows the recovery of international prices for dairy products from August 2016. Whether demand growth remains, also depends on the development of oil prices.
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