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Bulgaria's dairy exports swell a record 30 per cent Y/Y in 2008

Wed, Feb 25 2009 10:56 CET 1044 Views
Bulgaria's dairy exports swell a record 30 per cent Y/Y in 2008

Bulgaria's exports of milk, yoghurt, cheese and Feta cheese surged by 30 per cent year-on-year in 2008 in spite of scanty supplies of raw material, according to official statistics.

The increase was the next of a string of successful years, when exports picked up about 25 per cent annually.

By the end of November 2008, Bulgaria shipped abroad 30 400 tons of milk, cheese and Feta cheese.

The association said the volume zoomed to a record-breaking 35 000 tons by the end of December, the highest in 20 years. Exports totalled a little more than 23 100 tons in 2007.

Producers said the sector benefitted from dairy farm overhauls and the new niches tapped in the European Union, mostly in flavoured yoghurt and milk, which were only a trickle of 200 to 300 tons four years ago. Now, exports top 5000 tons annually.

Cheese and Feta cheese exports almost touched 20 000 tons by the end of November, compared to 16 000 tons for the full-2007. The biggest market was the EU, which purchased nearly 65 per cent of the produce.

As US consumers tighten their belts, businesses are shifting focus to the Arab markets, where Bulgarian Feta cheese has built a name. However, the crisis is likely to hit sales.

Companies are also trying out for new markets. A month ago the association of Bulgarian milk processing firms won a contract to promote Bulgarian products in Russia and Ukraine in partnership with Italian producers.

Source: Dnevnik.bg

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