|
 |
| 1-4
September, 2006 Pragati Maidan, New Delhi, India |
 |
|
|
India To Outdo Global Milk Output Growth
Country to account for nearly half the increase in Asia.
India’s milk and milk products output (milk equivalent) growth is set to outpace the growth in the global market. While world milk and milk products output is expected to grow by 2.6% again in 2006, India is expected to register up to 4% increase. The country will account for nearly half of the expected 5% growth in Asia.
As the largest single dairy producing country in the world, India’s output continues to grow strongly in the 3-4% range, largely in response to internal demand growth and sustained by increasing productivity. India will account for nearly half the 226 million tonne total milk output of Asia. Given recent high international prices, it has started to enter certain export markets, particularly for skimmed milk powder, and is expected to export 0.3 million tonne dairy products of the total milk and milk products output of 98.9 million tonne. In 2005, the country had produced 95.1 million tonne of dairy products.
Encouraged by high international prices, global milk production is estimated to increase by 2.6% in 2006, similar to that of last year.
This means that global per capita production of milk products will continue to increase in the range of 1.4-1.5%, which is high relative to most other agricultural commodity sectors.
Date: 17-Jun-2006
Back
|
|
 |
|
|
|
 |
