Friday October 31, 2014 Search
Weather | Athens
18o C
13o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Feta cheese exports to the United States skyrocket

Greek feta cheese exports to the United States showed a massive 87.1 percent rise in the first half of the year,compared to the same period in 2011, a report by the General Consulate of Greece in New York said.

Exports to the US in the January-to-June period amounted to an estimated $5.04 million, up from $2.69 million in the first half of last year, although the Consulate notes that there can be no exact estimate of feta imports, as the same levy classification concerns four other soft cheeses such as manouri and halloumi.

However, according to data from the National Cheese Institute of the US, the sales of feta cheese in the country’s major supermarket chains alone posted a 6.4 percent annual rise in 2011 from 2010, amounting to 7.89 million kilograms that were worth $171.7 million. Most of the feta sold concerns the original, Greek-made product that accounts for 90 percent of sales in supermarkets, the same source revealed.

The Greek Consulate’s report suggests that the first company in the sale of feta cheese in the American market is Athenos, which is also involved in the production of Greek-style yogurt and is a Kraft Foods subsidiary based in Wisconsin.

It is followed by the Boar’s Head and Klondike Cheese of Monroe companies.

The Greek-American companies involved in the production and sale of feta are Krinos, Fantis Foods, Kontos Foods, Altamira Foods and Boboris Imports, among others.

Overall imports of feta-type cheeses in the US showed a 21 percent increase in the first half of the year, compared with 2011, approaching $30 million. In terms of quantity, the increase came to 19.7 percent, to 3.88 million kilograms.

The Consulate’s report also makes special reference to the prospects for increasing the Greek market share in the US, which can be achieved through a comprehensive strategy to promote Greek feta in the US with the participation of all competent entities aimed at informing the average American consumer about the significant quality differences between the authentic product and the imitations that can be found in the market.

The first essential step would be strengthening the Greek presence at major food fairs such as Fancy Foods (winter and summer version). Then, it would be useful to organize regular in-store promotional events to highlight the quality of Greek cheese products in targeted retail outlet chains.

On the other hand, the report stresses that unless the institutional recognition of the uniqueness of Greek feta becomes possible in the United States, the margin for Greece’s further penetration into a market that conservative estimates put far above $300 million on a yearly basis and growing, will be particularly limited.

ekathimerini.com , Sunday September 9, 2012 (19:58)  
Cyprus ruling opens way for bailout funds
Yields on Greek debt fall 22 basis points
Piraeus Bank paves way for share capital increase
Big monthly drop for stocks
Ministry swap halts talk of reshuffle as reforms eyed
Prime Minister Antonis Samaras on Friday appointed Nikos Dendias as defense minister, replacing outgoing Dimitris Avramopoulos, who assumes the European Commission’s immigration portfolio ne...
Turkish-Greek cooperation in Aegean helps stem flow of migrants
Closer cooperation between Greek and Turkish coast guard authorities has led to 11,000 undocumented migrants being prevented from entering Greek borders and returned to the neighboring count...
Inside News
BASKETBALL
Obradovic watches Greens thrash his Fenerbahce
The second homecoming of former Panathinaikos coach Zeljko Obradovic, now at Fenerbahce, was not as emotional as last year’s, but it was certainly was the night of an emphatic triumph for th...
SOCCER
Berg returns to add spice to Panathinaikos´s Cup win
The second round of games for the group stage of the Greek Cup produced plenty of interesting games and results in midweek, but it still lags the upset potential that the knock-out stages of...
Inside Sports
COMMENTARY
The judiciary’s responsibility
The reform efforts over the past few years have begun to bear fruit. Greece has improved its standing in the World Bank’s Doing Business rankings, rising 48 positions from 2010 to 61st place...
EDITORIAL
Findings raise eyebrows
An investigation into money transferred to foreign banks by civil servants since 2010, when Greece’s brutal debt crisis erupted, has come up with some striking findings. The checks, which we...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Ministry swap halts talk of reshuffle as reforms eyed
2. Cyprus ruling opens way for bailout funds
3. Turkish-Greek cooperation in Aegean helps stem flow of migrants
4. Yields on Greek debt fall 22 basis points
5. Holocaust memorial in Athens vandalized
6. Piraeus Bank paves way for share capital increase
more news
Today
This Week
1. Man shot dead, woman injured in Vathis square attack
2. Archaeologists find underground vault at Amphipolis tomb
3. Cyprus’s Georgiades bets on economy for Irish-style bailout exit
4. Germany’s 10-year bonds decline before euro-area inflation data
5. Greek retail sales rise for third month in a row
6. New defense minister to be appointed without reshuffle
Today
This Week
1. Austria’s creative bookkeeping beats Greece on secret debts
2. End of reason, end of humanity
3. Clean bill of health for Greek banks from stress tests
4. Samaras pledges action after flash floods in Athens
5. Eurobank, National Bank restructurings eliminate capital gap
6. Athens flood damage assessed, compensation payments to begin
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.