Australian cheese production projected at 435,000 tons
Production is supported by higher milk suppliesAustralia's cheese production in 2024 is projected at 435,000 tons, according to a recent USDA Dairy World Markets and Trade report.
Production is supported by higher milk supplies and relatively strong profitability. Despite facing rising input costs, Australian dairy farmers have maintained significant production levels through technological investment and efficient management practices.
Cheese consumption within Australia remains substantial, with an estimated 380,000 tons consumed domestically. Australian consumers have a strong preference for locally produced cheese. The surplus production is forecast to be exported, with approximately 165,000 tons of cheese expected to be sent to international markets in 2024. Major export destinations include Japan, China, and various Southeast Asian countries.