World dairy trade is becoming more concentrated

Global trade in dairy products is becoming concentrated in the hands of dairy producers in fewer countries, with a growing domination of the world market by Australia and New Zealand.
This increasing grip on the market has arisen not only from the effects of restrictive policies and the GATT agreement, but also from the improved efficiency of dairy processing and production in Australasia.
This is the view of Phillipe Jachnik, director of French dairy processors federation ATLA. He told the European Agricultural Outlook Conference in London that 92% of the world’s dairy exports now come from the European Community, Australia and New Zealand. But, whereas the two Australasian countries have expanded their deliveries to Asia and Latin America, EU exporters have retracted into near European markets.
Says Jachnik: