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UK dairy foreign trade dips in June

September 6, 2019

1 mins read

The UK imported fewer dairy products in June according to a report from AHDB, as imports of butter, cheddar and specialty cheeses fell by 40%, 13% and 9% respectively, when compared to June 2018. However, the total volume of imports between January and June in these sectors remained higher compared to the same period last year.

The most recent decline in imports is a consequence of stronger import volumes prior to the original Brexit date in March 2019, due to companies building up their stocks in preparation.

Additionally, strong results from the UK’s domestic dairy industry further hampered dairy imports in June.

The UK’s dairy exports also dipped in June, with butter exports down 39% y-o-y and cheese down 7% y-o-y. However, looking at year-to-date results, the UK’s butter exports between January and June rose moderately by 15%, with cheese exports up 7%.

H2 Global Outlook

Topics: Dairy & Eggs
Jara Zicha
Jara Zicha

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