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EU milk production in 2024 is forecast to fall slightly to 148.9 million metric tons (MMT), from an estimated 149.3 MMT in 2023 as a result of declining cow numbers and lower milk production profitability. With lower milk production, which will only be partially offset by lower expected fluid milk consumption, factory use consumption is also forecast to minimally decrease in 2024.
The 2023 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2023 calendar year.
The restrictive marketing measures that Ireland wants to introduce for all alcohol products could impact U.S. exports to the EU.
It is expected that in 2016 milk deliveries in the European Union will increase by 1.1 percent and stabilize in 2017.
The EU-28 sugar production for food purposes for MY 2016/17 is now forecasted at 16.2 million MT in raw sugar equivalent (RSE), with another 1.8 million MT produced for industrial purposes.