EU-28 SMP export: boom to South-East Asia

Dairy Export+7.7% in volume
Jan-Mar 2019

European dairy exports closed the first quarter of 2019 positively: + 7.7% in volume and + 4.9% in value. The highest growth trends were for Skimmed Milk Powder (SMP), Packaged Milk, Condensed Milk, Yogurt and Lactose. Exports of Butter and Infant Formula are decreased.
Southeast Asia is the top market: +63.3% of dairy products converted into Milk Equivalent (ME). - EU dairy export to Southeast Asia – EU dairy export to Southeast Asia

Data relating to the month of March 2019 show an export of over 90 thousand tonnes of SMP, + 31.5% compared to the previous year. - SMP export prices – SMP export prices

Indonesia jumps to the first place among the target markets of the European SMP, tripling its purchases (11,500 tons, + 226%). Export to China (+ 91.4%), Egypt, Mexico and the Philippines grew significantly as well.

The average EU export price of the SMP is 2.19 USD / kg, up from the beginning of the year as in the other exporting players (United States, Australia, New Zealand). - EU monthly export of SMP – EU monthly export of SMP

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The 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.

Posted in Dairy export, EU