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US dairy sector sets export record in 2021
For the second consecutive year, the US dairy sector has set an export record. The volume growth in 2021 can be seen as a great achievement, given the logistical difficulties in the chain.
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The export of cheese, skimmed milk powder, whey, lactose and liquid milk and cream broke record volumes last year. Only milk protein concentrate and baby milk powder record a volume loss. On balance, almost 2,3 million tons of dairy were exported last year, which represents an increase of 10%. Due to the increased prices, the underlying value even increased by 18% to $7,7 billion.
Krysta Harden, CEO of the US Dairy Export Council (USDEC), calls the volume increase a great achievement in view of the problems in logistics. Harden expects export growth to continue in the coming years. Last year, 17% of American milk was sold outside the country's borders.
Significant sales growth in Mexico
Of the total export value, $1,7 billion goes to neighboring Mexico, which represents a growth of almost 30% compared to 2020. This growth is mainly due to the well-functioning Mexican economy. Sales to the Southeast Asia region have also increased, by 11% to $1,3. Canada is the third largest sales market in terms of underlying value. Sales grew 11% last year to $917 million.