Dairy Annual 2012

An Expert's View about Dairy Products in Greece

Posted on: 29 Dec 2012

The Greek dairy industry is the third most important segment of the food and drink sector, accounting for 17 percent of total production.

THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Voluntary Public - Date: 10/20/2012 GAIN Report Number: GR1214 Greece Post: Rome Dairy Annual 2012 Report Categories: Dairy and Products Approved By: Christine Sloop Prepared By: Ornella Bettini Report Highlights: The Greek dairy industry is the third most important segment of the food and drink sector, accounting for 17 percent of total production. MY 2012 cheese production is expected to recover by 1.4 percent. Recent investment in the cheese-processing sector helped improve product's affordability, resulting in a more competitive marketplace. Export opportunities for Greek cheese are also encouraging a greater production. Milk Table 1: Greek Production, Supply, and Demand (1000 MT) 2011 2012 2013 Milk Estimates Estimates Forecast 2011/2012 2012/2013 2013/2014 Post Data Post Data Post Data Cows In Milk 130 130 130 Cow’s Milk Deliveries to Dairies 638 637 638 Other Milk Production 1,402 1,400 1,404 Total Milk Production/Deliveries 2,040 2,037 2,041 Extra EU27 Imports 0 0 0 Total Supply 2,040 2,037 2,041 Extra EU27 Exports 0 0 0 Fluid Use Dom. Consumption 461 451 452 Factory Use Dom. Consumption 1,734 1,696 1,699 Feed Use Dom. Consumption 0 0 0 Total Dom. Consumption 2,195 2,147 2,151 Total Distribution 2,195 2,147 2,151 Source: Unofficial estimates based on Greek industry; GTA The Greek dairy industry is the third most important segment of the food and drink sector, accounting for 17 percent of total production. While the majority of milk collected in the EU comes from cows, the greater part of Greek milk comes from sheep and goats. MY 2012 Greek milk production is expected to remain stagnant, because of the financial crisis gripping the country. Less efficient producers are going out of business as credit becomes increasingly difficult to secure and investment is scaled back. However, Greek milk production is forecast to recover steadily during MY 2013, due to gradual improvements in output yields. Consumption is expected to be weighed down by a decrease in demand amid a deep and protracted recession, severe austerity, and fast-rising unemployment. Germany supplies about 84 percent of Greece’s milk import demand. Greece exports small amounts of milk to Romania, Cyprus, and Bulgaria. Cheese Table 2: Greek Production, Supply, and Demand (MT) 2011 2012 2013 Estimates Estimates Forecast Cheese 2011/2012 2012/2013 2013/2014 Post Data Post Data Post Data Production 210,000 213,000 215,000 Extra EU27 Imports 0 0 0 Total Supply 210,000 213,000 215,000 Extra EU27 Exports 7 8 8 Human Dom. Consumption 284,000 271,000 275,000 Other Use, Losses 0 0 0 Total Dom. Consumption 291,000 279,000 283,000 Total Distribution 291,000 279,000 283,000 Source: Unofficial estimates based on Greek industry; GTA Cheese is a traditional product of the Greek dairy industry. MY 2012 cheese production is expected to recover by 1.4 percent. Recent investment in the cheese-processing sector helped improve product's affordability, resulting in a more competitive marketplace. Export opportunities for Greek cheese are also encouraging a greater production. Cheese is produced mainly in Northern Greece and the mountainous areas throughout the country (Macedonia, Thrace, Epirus, Thessaly, Sterea Hellas, Peloponnisos, Lesvos, and Mitilini). Greece produces a large number of DOC (Controlled Denomination of Origin) cheeses from sheep and goat’s milk (Anthotiros, Formaella of Parnassos, Graviera of Crete, Kasseri, Kalathaki of Limmos, Kefalograviera, Kefalotiri, Kopanisti, Ladotiri of Mitilini, Manouri, Metsovone, Mizithra, and Xigalo Siteias). Cheese products account for about 13 percent of sales in Greek supermarkets. Feta is the most well known Greek cheese and the most consumed in Greece. It is made from 70 percent of sheep’s milk and 30 percent of goat’s milk. Feta is a type of brine matured cheese, packaged in traditional wooden barrels, tin vessels, or wrapped in plastic. Greek consumers ―along with those in other Western countries― are becoming increasingly concerned about their weight. Cheese can form part of a calorie- controlled diet and feta is lower in fat than many cheese alternatives. Cheese is an easy snack and used on a large range of ready foods such as pizza. People looking for an alternative to meat choose cheese as a relatively inexpensive alternative. Greece imports cheese mainly from Germany and the Netherlands. Germany continues to be the main destination for Greek cheese exports, accounting for almost 32 percent of the total. Butter Table 3: Greek Production, Supply, and Demand (MT) 2011 2012 2013 Estimates Estimates Forecast Butter 2011/2012 2012/2013 2013/2014 Post Data Post Data Post Data Production 1,600 1,600 1,600 Extra EU27 Imports 0 0 0 Total Supply 1,600 1,600 1,600 Extra EU27 Exports 0 0 0 Human Dom. Consumption 8,555 8,560 8,557 Other Use, Losses 0 0 0 Total Dom. Consumption 8,555 8,560 8,557 Total Distribution 8,555 8,560 8,557 Source: Unofficial estimates based on Greek industry; GTA MY 2012 Greek butter production, trade, and consumption are expected to remain flat. Germany, the Netherlands, and Denmark are the main suppliers to the Greek market, accounting for 66 percent of total imports. Abbreviations and definitions used in this report MY Marketing year: January/December MT Metric ton = 1,000 kg HS codes Milk Fluid: 040110, 040120 Cheese: 0406 Butter: 040510
Posted: 29 December 2012

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