EU-28 Dairy Export
EU dairy export grew in the first two months of 2018: +5.2% in volumes and +2.4% in value compared to jan-feb 2017.
Cheese export strengthened: even though the United States and Japan have reduced imports compared to the first two months of 2017, the EU has been able to meet increased demand from Switzerland and Saudi Arabia.
Infant milk formula export continues to rise and China, the main importing country with a share of 45% , increased its purchases significantly (+42%).
Since the last quarter of 2017, Algeria has decreased imports of WMP from the EU (-62%), while imports of SMP have increased (+87%). It is possible that this country chooses to buy SMP rather than WMP depending on the economic convenience.
Updates are expected to complete the first quarter of 2018, which will help to outline the trends of the current year more clearly.
|EU-28: dairy products Export year-to-date (February)|
|QUANTITY (Tons)||VALUE (’000 EUR)|
|2017||2018||± on 2017||2017||2018||± on 2017|
|Infant milk formula||75.327||93.530||+24,2%||618.891||718.883||+16,2%|
|Milk and cream||145.555||147.016||+1,0%||133.221||144.391||+8,4%|
|- Bulk and pack. milk||118.989||119.151||+0,1%||72.378||72.844||+0,6%|
|Yogurt and buttermilk||29.468||28.359||-3,8%||56.812||49.961||-12,1%|
|Data processed by Clal based on GTIS source.|
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