뉴질랜드 분유 인사이트

This year, the world has seen a decrease in the production of raw milk under the influence of the weather and as a result of the increase in the cost of production. In Ukraine, milk yields began to fall from the end of June due to the heat and long-term power outages caused by Russian missile strikes on energy infrastructure facilities. A reduction in the supply of raw milk and a shortage of milk fat contributed to the increase in raw milk prices in various regions.

In 2024, New Zealand's production of whole milk powder (WMP) is projected to decline slightly to 1.375 million tons, according to a recent USDA Dairy World Markets and Trade report. This decrease is attributed to a strategic shift by dairy processors towards the production of fresh dairy products such as butter, cheese, and cream, which currently offer higher returns. The New Zealand dairy industry continues to invest in enhancing processing capacity for higher-value products to maximise returns in a competitive global market. Despite the production decline, New Zealand's WMP exports are forecast to increase to 1.45 million tons in 2024, driven by strong global demand, particularly from Southeast Asia and the UAE. The first quarter of 2024 saw a significant, 32% rise in WMP exports compared to the same period in the previous year. This growth is supported by rebounding global dairy trade prices from their lows in mid-2023. While WMP exports are expected to grow, the ongoing investmen

On the supply side, we see declines in the growth of the global milk pool, influenced by factors such as the increasing sustainability agenda and increasing cost of production. Alongside this we see a movement towards increasing components (fat and protein content of milk) as opposed to just production.