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U.S. 2022 DAIRY EXPORTS SHATTER RECORD, UP 85% IN PAST 10 YEARS
Feb. 9, 2023
by Krissa Welshans Feedstuffs magazine
U.S. dairy exports set new volume and value records again in 2022 despite rampant inflation and a host of other challenges to international trade. It was the third straight record year for volume and the second for value.
Newly released USDA numbers showed U.S. dairy exports to the world totaled $9.6 billion last year, topping the 2021 dairy export value record by 25% and representing an 85% increase in just the past 10 years. It is also the first time it has ever crossed the $9-billion mark.
U.S. dairy exports logged 2.82 million metric tons of volume in 2022, another record and a 52% increase over the past 10 years. Export volume in 2022 was equivalent to 18% of U.S. milk produced last year, also an all-time high.
"We've had three consecutive years of record U.S. dairy exports while facing some of the strongest dairy export headwinds that we've ever seen," said Krysta Harden, president and CEO of the U.S. Dairy Export Council (USDEC). "Last year, we saw historic global inflation, slowing economic growth, lingering supply chain challenges and severely reduced Chinese demand. U.S. dairy export performance under those conditions is a testament to U.S. suppliers' commitment to global markets and also to the value consumers in those markets have come to place on U.S. dairy products."
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