Russian dairy imports drop by 10% In January 2021, Russian imports of dairy products were 10% lower compared to their level in 2020 for the same period and practically corresponded to the volume of imports in 2019.
Data from the National Dairy Producers Union of Russia (Soyuzmoloko) showed 577,000 tons of dairy products worth $202.6m (-25%) were imported.
A decline in supply was observed for all product categories, except for cheese. As of January 2021, the main suppliers of dairy products to Russia were Belarus (75%), New Zealand (8%), Argentina (5%), Uruguay (4%), and Kyrgyzstan (2%). While volumes from Belarus increased by 14%, all other countries decreased their supplies of dairy products to Russia by 44%.
Irish dairy industry sees bright future beyond pandemic and Brexit Ireland’s overall global dairy exports continued their upwards trajectory in 2020, delivering a 3% increase. Pic: Bord Bia Last year, the Irish dairy industry navigated arguably the hardest operating climate it has experienced since WWII, with the pandemic wreaking damage, and disruption across key industries and markets.
In addition to this, the UK officially left the European Customs Union in January 2021, fundamentally changing the way the Irish dairy market trades and operates with its closest partner. In the face of this, it would be a fair assumption to make that the outlook for Irish dairy doesn’t look too rosy, but actually, this couldn’t be further from the truth.
GDT publishes annual report Global Dairy Trade has published its 2020 Annual Report, providing key trading statistics for the year.
As expected, demand and supply were heavily impacted by the Covid-19 pandemic during 2020, causing disruption for buyers and sellers on many fronts. GDT said it was fortunate as an online service to be well-positioned to maintain trading events throughout the year, supporting buyers and sellers to continue trading during volatile times.
GDT Events achieved an average clearance rate of 95% of offered quantity sold at year-end, resulting in a combined total of 678,076 metric tonnes, with a total of $2.1bn traded during the events.
Home consumption drives Arla brand growth during pandemic Danish-headquartered dairy giant Arla said it quickly reshaped the business disrupted by the Covid-19 pandemic to meet the spike in home consumption and high demand for trusted household dairy products while offsetting negative impacts in other sectors.
In 2020, Arla grew global branded sales volumes by 7.7% due to the cooperative s global portfolio of brands such as Arla and Lurpak and strong market positions. Despite revenue losses in Food Service and Global Industry Sales, total group revenue was €10.6bn ($12.85bn), compared to €10.5bn ($12.73bn) in 2019.
Due to the financial position, Arla’s board of directors has proposed to the board of representatives to pay out 1.75 eurocent per kg milk for the supplementary payment, 0.75 eurocent higher than the standard 1.00 eurocent per kg milk.
New figures released in the annual Bord Bia Export Performance and Prospects report 2020/2021 show exports of Irish food, drink and horticulture to the UK declined by 5% in 2020, with a value of €4.3bn/$5.2bn (compared to €4.5bn/$5.5bn in 2019).