Spain: Restructure of the Spanish Dairy Sector Boosts U.S. Sales of Bovine Genetics

Over the last two years, the restructure of the Spanish dairy industry significantly increased efficiency in domestic production. The stability of domestic dairy supplies will continue to encourage the use of domestic milk in the manufacturing of dairy products for exports. In addition, Spain has reoriented its exports with a greater focus to non-EU markets. Hence, Post expects Spanish dairy exports to continue their upward trend. Demand for better bovine genetics in support of Spain’s dairy industry restructure has boosted U.S. sales of bovine genetics. In 2014, the United States became the largest supplier of bovine genetics to Spain with sales valued at $4.3 million in the last year. In 2017, Spain’s imports of U.S. dairy products were valued at $13 million.

Spain: Restructure of the Spanish Dairy Sector Boosts U.S. Sales of Bovine Genetics