EU-28: record dairy export, but less milkfat available

European Union exports confirm their rush in January-May 2017, with a 16.7% increase in value and 4.8% in volume on a trend basis.
To drag the values of the first five months of 2017, in particular, are exceptional data in May, with an upward trend of +32.8%, amounting to 1.45 billion euros exported in just one month (6.6 billion euros is the value since January 2017), and +18.5% in terms of volume. Overall, exports dairy May exceeded 485,000 tons. A record.
SMP (+95.9% in volume and +113% in value) and yogurt (+25.2% in volume and +19.1% in value) showed a strong acceleration in May.
EU dairy export curbs in quantities concerning WMP (-11% in May) and butter (-15.4% in May and 24% since January). It’s a negative trend, probably due to the lower availability of the product (-128,000 tons produced between June 2016 and April 2017).
Cream exports are positive (+29.6% in May) and mainly exported to China, South Korea, Saudi Arabia, Angola, Taiwan, United Arab Emirates, Hong Kong (ranked by volume).
Also SMP exports increased (+25.9%), mainly to Algeria, China, Indonesia, the Philippines, Mexico, Vietnam, Egypt, Thailand, Malaysia, Saudi Arabia, Pakistan, Bangladesh.
Different destinations for Cream and SMP, based on per capita income of consumers.

European Union exports confirm their rush in January-May 2017, with a 16.7% increase in value and 4.8% in volume on a trend basis.

To drag the values of the first five months of 2017, in particular, are exceptional data in May, with an upward trend of +32.8%, amounting to 1.45 billion euros exported in just one month (6.6 billion euros is the value since January 2017), and +18.5% in terms of volume. Overall, exports dairy May exceeded 485,000 tons. A record.

SMP (+95.9% in volume and +113% in value) and yogurt (+25.2% in volume and +19.1% in value) showed a strong acceleration in May.

EU dairy export curbs in quantities concerning WMP (-11% in May) and butter (-15.4% in May and 24% since January). It’s a negative trend, probably due to the lower availability of the product (-128,000 tons produced between June 2016 and April 2017).

Cream exports are positive (+29.6% in May) and mainly exported to China, South Korea, Saudi Arabia, Angola, Taiwan, United Arab Emirates, Hong Kong (ranked by volume).

Also SMP exports increased (+25.9%), mainly to Algeria, China, Indonesia, the Philippines, Mexico, Vietnam, Egypt, Thailand, Malaysia, Saudi Arabia, Pakistan, Bangladesh.
Different destinations for Cream and SMP, based on per capita income of consumers.

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