Over the past week, the UK and New Zealand have both highlighted the opportunity for exporting dairy products to Iran.
The opportunity has arisen following the lifting of trade restrictions and the elimination of UN sanctions on Iran.
New Zealand’s Fonterra welcomed the move. “Iran is a valuable trading partner and a key butter market for Fonterra. The removal of the UN sanctions, and our Government’s unwinding of restrictions, will only improve the outlook for us in Iran,” said Fonterra’s Managing Director of Global Ingredients, Kelvin Wickham.
With a population of nearly 80 million and long-standing customer relationships in Iran, Fonterra expects continued growth in the market.
Similarly, the AHDB stated that UK dairy businesses are now expressing an interest in entering Iran, which is described as the last, large untapped emerging market in the world.
In other news, India’s Department of Animal Husbandry, Dairying and Fisheries has revealed that the country has more registered slaughterhouses than milk processing factories and liquid milk plants combined.
This is a surprising find taking into account that a large majority of the country follows vegetarianism.
The Siasat newspaper reported that there are 1,623 registered slaughterhouses compared to 213 registered milk processing factories and 793 liquid milk plants.