pastures new: opportunities for the uk dairy industry

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Pastures new Opportunities for the UK dairy industry

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Pastures newOpportunities for the UK dairy industry

2gov.uk/ukti

Welcome

Global dairy demand is increasing due to population and economic growth, so there is no better time to accelerate your business growth through exports.

Why export dairy?

• Improve balance sheet and cash flow• Growth through new markets/products• Spread costs across different markets/products• Economies of scale

3gov.uk/ukti

4gov.uk/ukti

Firms who export are 34% more productive in the first year

Source: PIMS Annual Report, UKTI (2013); Harris and Li (2007)

Exporters achieve 59% faster productivity growth

A company is 11% more likely to survive if they do business overseas

79% of companies achieved fuller utilisation of their existing capacity through exporting

73% of companies increased the lifespan of their products through exporting

Why export dairy?

What is great about UK dairy? 5gov.uk/ukti

Geography and climate: perfect pasture from an ideal climate

Provenance: authenticity and history combining with innovation and enterprise

Product safety: comprehensive quality assurance and complete traceability

Ethics: committed to animal welfare and environmental sustainability

Products: complete spectrum of products made with consistent quality

Customer service: adaptable product range from reliable business partners

UK Dairy in numbers6gov.uk/ukti

There are 13,265 dairy farms in the UK

The UK dairy herd numbers around 1.8m

The UK is the world’s 10th largest dairy producing country

Source: DairyCo, Dairy Statistics: An Insider’s Guide 2014

UK Dairy in numbers7gov.uk/ukti

UK dairy exports 2013 (thousand tonnes):

Source: DairyCo, Dairy Statistics: An Insider’s Guide 2014

cream

butter powders

cheese

UK Dairy in numbers8gov.uk/ukti

UK processed milk exports 2014

Source: HMRC

cheese37%

cream10%

butter14%

powders35%

condensed milk4%

How UKTI can help

• Impartial advice– identifying and accessing your target market– selecting suitable export products– international distribution options

• International links, connections and networks• Dairy Exporters Network

– identifying new opportunities – tackling international trade barriers – sharing industry intelligence, insight and news

9gov.uk/ukti

What next?10gov.uk/ukti

To get started visit https://www.exportingisgreat.gov.uk/