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Significant market decline

Date: 21.08.2020Source: MMO

The world market has decreased significantly until May this year. The top 10 dairy products exporting countries have had an accumulated condensed milk export of 263,000 tons between January and May, this was 12.53% less than in last year’s period. Butter and butter oil exports decreased by 9.04% to 418,000 tons, those of SMP were down 6.02% to 1,012m tons, WMP exports decreased by 5.09% to 973,000 tons and that of cheese went down by 3,65% to 1,145m tons. Only whey powder exports grew 9.71% to 634,000 tons.

Roland Sossna

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