Mexico's dairy production, imports to rise in 2023 - GAIN
Hotel, restaurant sector to drive demandAccording to a recent USDA GAIN report, even as Mexico's consumers face high core and food inflation, the foreign service officer working this post sees both overall dairy production and imports rising in 2023.
Mexico’s milk and cheese production is forecast to rise in 2023 due to increased investments in dairy operations in key producing areas.
Post forecasts cheese and butter imports to increase in 2023 due to increased demand from urban consumers and Hotel, Restaurant, and Institutional consumption.
Additionally, limited infrastructure to dehydrate fluid milk limits milk powder production growth in Mexico. Skim milk powder and dry whole milk powder imports, particularly from the United States, remain strong and are forecast to increase in 2023.