U.S. Dairy Exports Are Up Double Digits
U.S. dairy exports in January 2023 posted double-digit growth in both volume and value, led by strong sales in core product categories including cheese, nonfat dry milk/skim milk powder (NDM/SMP), and whey, according to the latest export data reported this week by the U.S. Dairy Export Council (USDEC).
Shipments of U.S. dairy products in January totaled 181,676 metric tons (on a milk solids equivalent basis), up 16% from January 2022, USDEC reports. January dairy export value rose 21% over a year earlier to $710.9 million.
Meanwhile, dairy imports also showed significant growth in January, according to the latest data from USDA’s Foreign Agricultural Service. Dairy product imports (BICO-HS10 product group) in January totaled 74,077 metric tons, up 44% from a year earlier, while the value of dairy imports in January was $424.7 million, up 33% from January 2022.
U.S. cheese exports in January totaled 34,015 metric tons, up 16% from January 2022, with particularly strong growth in Latin America, Middle East/North Africa and Japan, USDEC reports.
NDM/SMP exports in January totaled 68,211 metric tons, up 15% from January last year. USDEC notes robust demand in this category from Mexico, where the United States shipped a record 36,520 metric tons of NDM/SMP.
Exports of dry whey products in January totaled 44,516 metric tons, up 12% from a year earlier. High-protein whey products (WPC 80+) rose 14%, while low-protein varieties were up 12%, USDEC reports. China bought more low-protein varieties, while high-protein varieties found buyers in a number of different markets, USDEC adds.
U.S. exports of lactose totaled 38,232 metric tons, up 30%, and milk protein concentrate exports totaled 3,026 metric tons, up 8% from January 2022, USDEC reports. Meanwhile butterfat exports fell 13% to 4,269 metric tons.
For more data and analysis on January dairy exports, visit https://blog.usdec.org/usdairyexporter/us-dairy-exports-finished-record-2022-on-a-high-note-0.
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Source: Cheese Market News