UK dairy exports have increased by 12% in the first eight months of 2014, DairyCo reports.
The increase, which compared to 2013, is an increased of 76,000t, is a result of an increase in milk deliveries across the UK, which increased by 9.6% over the same period, according to DairyCo.
Exports to EU member states account for 90% of total UK exports over the eight months, while exports to non EU countries have increased from 7% of total UK exports in January to August 2013, to 10% in 2014.
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Trade with Algeria, China and Hong Kong has accounted for much of the 47.6% (21,600t) increase in volume. Exports to sub-Saharan Africa increasing by 21% in the first eight months of 2014 compared to the same period the previous year.
Volumes of Whey powder, SMP and WMP all show significant increases year on year.
DairyCo report that the falling wholesale prices for dairy products experienced throughout 2014 could lead to increased trade opportunities. Countries that were unable to enter the market when prices were higher may wish to trade as prices fall.
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UK dairy exports have increased by 12% in the first eight months of 2014, DairyCo reports.
The increase, which compared to 2013, is an increased of 76,000t, is a result of an increase in milk deliveries across the UK, which increased by 9.6% over the same period, according to DairyCo.
Exports to EU member states account for 90% of total UK exports over the eight months, while exports to non EU countries have increased from 7% of total UK exports in January to August 2013, to 10% in 2014.
Trade with Algeria, China and Hong Kong has accounted for much of the 47.6% (21,600t) increase in volume. Exports to sub-Saharan Africa increasing by 21% in the first eight months of 2014 compared to the same period the previous year.
Volumes of Whey powder, SMP and WMP all show significant increases year on year.
DairyCo report that the falling wholesale prices for dairy products experienced throughout 2014 could lead to increased trade opportunities. Countries that were unable to enter the market when prices were higher may wish to trade as prices fall.
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