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Sunday, February 25, 2024
HomeDairy BlogsTriple enhance for Irish dairy powder exports amidst US toddler system scarcity

Triple enhance for Irish dairy powder exports amidst US toddler system scarcity

Manufacturing challenges within the US have been a key driver behind a rise in specialised dietary powder exports from Eire to North America, with values greater than trebling in 2022.

The share of Irish dairy exports to the area additionally grew by 12%, reaching round €800m (US$860m). About 10% of this (€80m/US$86m) got here from specialised dietary powder exports, with the US driving demand for the commodity as a result of ongoing toddler system scarcity, now anticipated to final till spring 2023.

“There was a big improve seen in specialised dietary powders, significantly within the US as lowered availability of home provides noticed product being airfreighted into the market throughout the early summer season to fulfill demand,”​ mirrored David Kennedy, senior sector supervisor, dairy, at Bord Bia. “Manufacturing challenges within the US served to drive import demand there and throughout the globe. Eire benefited from this instantly with the worth of commerce to the market greater than 3 times 2021 ranges. This one-off exercise is, nonetheless, unlikely to be repeated in 2023.”

Casein powder exports to North America additionally elevated, with the area alongside the EU accounting for over two thirds of Eire’s whole casein exports, which elevated by 68% year-on-year reaching a price of round €790m/US$852m. The US was additionally the area’s primary importer of casein.

Whereas volumes have been consistent with 2021 ranges, for Irish cheddar North American importers paid extra year-on-year as a consequence of increased cheddar costs per ton within the EU (over €4,000/US$4,314 from June to December 2022 in comparison with €3,200/US$3,451 and €3,400/US$3,666 in 2021).


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