EU exports in January-April 2017 grew (+1.3% on a trend basis), with a strong acceleration in value: +12.8%, especially in SMP and WMP values.
EU is living a positive phase for internationalization. Also exports in milk equivalents (ME) have grown by 7.9% in the first four months of the year. South-East Asia is the first destination area. The other key point defining a good phase is the results of the annual export (May 2016-April 2017): +139,000 tonnes exported, in milk equivalent (ME).
Between January and April have a good export performance Cheese (+7.4%) and SMP (+13.3%), which draw interesting profits in value, respectively + 12% and +26.7%.
The most increased trade routes: Japan, South Korea and Chile for cheese. Mexico, China and Algeria for SMP.
Food exports slow down. Is this a temporary weakness or new world market needs?
EU-28: dairy products Export year-to-date (April) | ||||||
QUANTITY (Tons) | VALUE (’000 EUR) | |||||
2016 | 2017 | ± on 2016 | 2016 | 2017 | ± on 2016 | |
Infant milk formula | 148.993 | 163.170 | +9,5% | 1.255.812 | 1.350.029 | +7,5% |
Cheese | 254.047 | 272.841 | +7,4% | 1.153.998 | 1.292.867 | +12,0% |
SMP | 228.037 | 258.382 | +13,3% | 446.682 | 565.939 | +26,7% |
WMP | 129.999 | 137.376 | +5,7% | 390.019 | 488.346 | +25,2% |
Butter | 86.185 | 63.408 | -26,4% | 311.374 | 319.804 | +2,7% |
Whey Powder | 210.242 | 215.638 | +2,6% | 272.375 | 313.303 | +15,0% |
Milk and cream | 360.629 | 296.611 | -17,8% | 274.519 | 278.856 | +1,6% |
Condensed Milk | 92.565 | 102.640 | +10,9% | 155.523 | 181.754 | +16,9% |
Yogurt and buttermilk | 57.670 | 59.518 | +3,2% | 104.372 | 114.496 | +9,7% |
Caseinates | 28.388 | 27.997 | -1,4% | 81.990 | 97.392 | +18,8% |
Lactose Pharmaceutical | 50.054 | 70.083 | +40,0% | 56.408 | 85.841 | +52,2% |
Casein | 11.295 | 10.680 | -5,5% | 62.478 | 65.462 | +4,8% |
Other products* | 3.258 | 3.833 | +17,6% | 4.403 | 3.046 | -30,8% |
TOTAL EXPORT | 1.661.361 | 1.682.176 | +1,3% | 4.569.954 | 5.157.135 | +12,8% |
* Other products: Lactose edible Data processed by Clal based on GTIS source. |
EU-28: CHEESE EXPORT Main IMPORTERS of 2017 Period: January-April |
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Ton | Share 2017 |
2015 | 2016 | 2017 | % on 2016 |
TOTAL | 222.732 | 254.047 | 272.841 | +7% | |
United States | 16% | 42.108 | 43.396 | 43.171 | -1% |
Japan | 12% | 19.994 | 22.595 | 31.538 | +40% |
Switzerland | 7% | 17.717 | 18.166 | 19.361 | +7% |
Korea, South | 7% | 12.288 | 15.508 | 19.110 | +23% |
Saudi Arabia | 6% | 11.566 | 17.202 | 15.422 | -10% |
EU-28: SMP EXPORT Main IMPORTERS of 2017 Period: January-April |
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Ton | Share 2017 |
2015 | 2016 | 2017 | % on 2016 |
TOTAL | 253.463 | 228.037 | 258.382 | +13% | |
Algeria | 14% | 41.842 | 31.837 | 36.899 | +16% |
China | 11% | 14.985 | 19.646 | 28.077 | +43% |
Indonesia | 10% | 19.044 | 19.295 | 24.722 | +28% |
Philippines | 5% | 11.829 | 14.890 | 13.626 | -8% |
Egypt | 5% | 24.689 | 19.126 | 12.423 | -35% |
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