30.
05.14
Significant growth in EU exports of dairy products

Milch Cockpit, 30.05.2014

Bullish
  • World population growth generate demand for milk and dairy products. Biggest potential is evident in Asia.
  • Milk delivery seasonal declines in the northern hemisphere.
  • Supply pressure of single major supplier on the world market may be less than initially expected.
  • Even more extensive coverage needed for appointments in the second half of the year.
Bearish
  • Increased growth of the global milk production.
  • Major importers like Russia and China currently restrained demand.

(AMI) Exports of dairy products are supported by a growing international demand, partly significantly larger failed than prior year first in the first quarter of 2014. While the exports for almost all milk products, in particular milk powder and whey products, increased significantly. Only at cheese, slightly less goods in third countries was dismissed as in the corresponding period of the previous year.

Until March, strong volume growth from January showed especially in the skimmed-milk powder exports. Here increased exports with an increase of 57% to more than half. For whole milk powder grew deliveries significantly by 28%. In addition, exports have been extended from lactose (+ 36%), casein and caseinates (+ 19%) and milk (+ 13%). The increases in whey powder and condensed milk with 2% 7% were slightly lower. Only cheese, the quantitatively most important export product of the EU, the previous year amounts less than 1 per cent were missed. For this, the closures of dairies in some Member States for shipments of dairy products to Russia should be primarily responsible.

Significant growth in EU exports of dairy products
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ZMP Live Expert Opinion

The export of dairy products continues to increase in importance. Due to the stagnant domestic consumption, higher production must be recorded by the demand outside of the EU. This was the case 2013, so that despite the increasing milk delivery was no pressure. Also the first months by 2014 showed a positive development in this regard.

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