In January 2021, Russian imports of dairy products were 10% lower compared to their level in 2020 for the same period and practically corresponded to the volume of imports in 2019.
Last year, the Irish dairy industry navigated arguably the hardest operating climate it has experienced since WWII, with the pandemic wreaking damage, and disruption across key industries and markets.
Danish-headquartered dairy giant Arla said it quickly reshaped the business disrupted by the Covid-19 pandemic to meet the spike in home consumption and high demand for trusted household dairy products while offsetting negative impacts in other sectors.
New figures released in the annual Bord Bia Export Performance and Prospects report 2020/2021 show exports of Irish food, drink and horticulture to the UK declined by 5% in 2020, with a value of €4.3bn/$5.2bn (compared to €4.5bn/$5.5bn in 2019).
An Indian-based plant-based start-up which created the world’s first almond-cheese protein bars is now branching out into almond-based cheese and butter products, also claiming to be global firsts.
ProAmpac, a US-based producer of flexible packaging, has acquired Rosenbloom Groupe Inc., Hymopack Ltd. and Dyne-A-Pak, private businesses in Canada that manufacture packaging products.