Market report: Butter and cheese exports rise

UK exports of butter and cheese have increased sharply this year, rising by 69% and 18%, respectively.

In the first nine months of the year, the UK exported 74,720t of cheese, and 11,973t of butter, according to DairyCo’s latest Datum report.

“Most of this growth is in exports to EU destinations, helped by the strength of the euro against sterling,” it said. The monthly figures are even more dramatic, with cheese exports in September more than 57% up on last year, and butter exports rising by 120%.

Meanwhile, cumulative imports are running behind last year, with butter showing a 1.9% drop, to 54,703t. Cheddar cheese imports are down by 3.5%, to 96,020t, while speciality cheese is 3.4% below last year at 207,356t.

“There has been a significant fall in Cheddar imports from Ireland, although the volumes remain very high compared to previous years,” said DairyCo.

“Imports from New Zealand and Australia have, by contrast, grown in the first nine months of the year compared with the same period in 2008.”