All in all 2016 was a good year for EU-28 both in terms of export value (+0.6% compared to 2015) and volume (+5.5%) with the latter performing particularly well. The value of exports amounted to €13,889 million and that of imports to €810 million, with a decrease of 4.3% compared to the previous year. There was therefore a trade surplus of €13,079 million.
Observing data released by clal.it, the decline in volume and value of powdered milks, both whole and skimmed, immediately grabs one’s attention: -17% in volume and -24% in value for skimmed milk powder and -4.9% in volume and -7.4% in value for whole milk powder. Condensed milk registered a double-digit decline (-22.1% in volume and -22.9% in value). Results were very good, however, for milk and cream (+25.6 in volume and +17.5% in value compared to 2015), and butter (+18.6% in volume and +18.7% in value). Caseins and caseinates performed well in terms of volume (+8.6% and as much as +71.3% respectively) but collapsed in value (-10.4% and -6.4%). Cheese, the second most imported product after milk with a total of 800,155 tonnes, saw exports rise by 11.4% in volume and by 2.9% in value. Infant milk also saw an increase (+12.2% in volume and +9.8% in value) and, to a lesser extent, yoghurt and buttermilk (+4.1% in volume and +4.9% in value).
Export volumes in December…
In December 2016 exports from EU-28 increased in volume for infant milk (+13.8%) compared to December 2015 and decreased for the following products: cheese (-2.5%), milk and cream (-3.9%), whey powder (-8.5%), skimmed milk powder (-14.4%), whole milk powder (-24.9%) and butter (-48.1%).
… and export values
In contrast, still in the month of December, which bodes well, there was an increase in export unit values compared to the same month in 2015 for the following products: butter (+27.7%), whole milk powder (+16.6%), whey powder (+9.7%), milk and cream (+6.7%) and skimmed milk powder (+1.4%). Cheese and infant milk, however, dropped by 0.8% and 3.3% respectively.