Cheese raises: a strategic product for the EU
The EU-28 dairy export, in October, recovered in quantity (+12.5%) and in value (+6.8%). The export of Cheese, strategic product for EU due to the intrinsic dairy tradition, improved. The main target markets are those with the highest spending power: United States, Japan, Switzerland and Australia.
In particular, an increase in Fresh Cheese trend was reported: +20.4% in quantity and +16.2% in value, thanks to significant growth in South Korea (+103%), but also in Japan, United States, China and United Arab Emirates.
SMP Imports of South-East Asia are recovering
Thanks to the particularly competitive prices of Skimmed Milk Powder (SMP), EU exports increased by 40.9% y-o-y in quantity and 22.7% in value. Algeria remains the first destination market, with a share of 15% of total EU exports, but the focus is the recovery of imports from South-East Asia: China, Indonesia, Vietnam, Thailand, Malaysia.
Milk and Cream exports (respectively +15.9% in quantity and +14% in value) recover, with China accounting for 43% of the market share. Behind China, the increment is driven by the import of three African countries: Angola, Libya and Mauritania.
Positive scenarios for specialized productions: whey and pharmaceutical lactose
Positive scenarios also for specialized productions such as Whey and Lactose powder for pharmaceutical use, the latter even growing by 47.6% in quantity and 25.9% in value.
The October boom, however, is not enough to reverse the current year trend of dairy products exports from the European Union. The January-October 2018 is indeed negative compared to the same period of the previous year both in terms of quantity (-0.3%) and in value (-3.5%), even if the stable export in Milk Equivalent (ME) suggests not to be excessively pessimistic.
When it comes to quality, the EU-28 potential is unrivalled.
CLAL.it – EU-28: monthly export of SMP (Main purchasing countries)
CLAL.it – EU-28 Dairy Export in Milk Equivalent (ME)
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The CLAL.it team is composed of young people who with the help of Computer Science study the dairy market and develop tools to provide the Operators of the dairy sector with a comprehensive real-time view of the national and international market trends.
