Despite this global drop in prices, Bord Bia added that the Irish dairy sector “performed strongly” during 2012. It is confident that global demand for Irish dairy will stay well ahead of historical averages going into 2013.
The Bord Bia report, Export Performance & Prospects: Irish Food, Drink, and Horticulture 2012/13, estimated that the value of Irish dairy and ingredients exports fell by 2% to €2.66bn in 2012 - a decrease it attributed to a “significant softening in prices” in the first half of the year.
Despite this global drop in prices, Bord Bia added that the Irish dairy sector “performed strongly” during 2012. It is confident that global demand for Irish dairy will stay well ahead of historical averages going into 2013.
Despite this global drop in prices, Bord Bia added that the Irish dairy sector “performed strongly” during 2012. It is confident that global demand for Irish dairy will stay well ahead of historical averages going into 2013.