Covid Leaves Cyprus With 6 Mn Kilogram Halloumi Mountain
Umer Jamshaid Published November 24, 2021 | 08:36 PM
The Covid pandemic has lumbered the Mediterranean island of Cyprus with a six-million-kilogram stockpile of its prized white halloumi cheese, having crushed demand at home and abroad
Nicosia, (APP - UrduPoint / Pakistan Point News - 24th Nov, 2021 ) :The Covid pandemic has lumbered the Mediterranean island of Cyprus with a six-million-kilogram stockpile of its prized white halloumi cheese, having crushed demand at home and abroad.
Commerce Minister Natas Pilides told lawmakers on Tuesday that producers had over 6,000 tonnes (13 million Pounds) of the unsold famous cheese in deep storage.
Demand has crumbled over the past year due to lockdowns across Europe to combat Covid-19 that shut down the hospitality sector and also hobbled tourism on the holiday island.
The Cypriot government is mobilising its embassies abroad to help shift the backlog of halloumi -- the island's biggest and most recognisable export -- to other markets, the minister said.
"Through the foreign ministry, we have contacted all the embassies to help dispose of stocks through bilateral arrangements," she said.
In April, the European Union registered halloumi as a Protected Designation of Origin (PDO) after a seven-year campaign.
Although cheesemakers say exports are picking up, they are selling fresh products because if they unload old stock to regular clients, prices would slump.
"The option of sending larger quantities to our regular customers in the EU means we would have to bring down prices drastically, leading to a devaluation of the product," Cyprus Dairy Producers Association official Andreas Andreou told the Financial Mirror newspaper.
In any case, halloumi stocks produced before October 1 cannot carry the EU's PDO label, which is why authorities are seeking markets outside the bloc.
The distinctive salty cheese, which can be eaten fresh or barbequed, earned a record 260 million Euros ($290 million) in 2020, with exports of 40,000 tonnes.
That was a huge jump from 2013 when halloumi exports generated less than 76 million euros.
Despite the pandemic, securing the PDO registration is expected to boost halloumi exports in the longer term.
Britain is the squeaky cheese's biggest market, absorbing around 50 percent of export sales, with Sweden its second biggest fan.
Cyprus filed a PDO application to the European Commission back in July 2014 for the cheese made predominantly from sheep or goat's milk.
Related Topics
Recent Stories
Robinson, bowlers help New Zealand go 2-1 up against Pakistan
Shahzeb Chachar to hold khuli kachehri on April 26
Heatwave amid Israel's aggression in Gaza brings new misery, disease risk
Tourism must change, mayor says as Venice launches entry fee
Court adjourns Judicial Complex attack case till May 17
Nasreen Noori’s book ‘Popatan Jahra Khwab’ launched
Wafaqi Mohtasib inspection team visits Excise and taxation office
AJLAC announces 5th Conference titled ‘People’s Mandate: Safeguarding Civil ..
Pak-US officials engage to enhance trade, investment ties
IBCC to promote educational excellence, expand regional presence
Pakistani 'Blue Helmets' serving UN Peacekeeping Mission in DR Congo set to leav ..
Putin says plans to visit China in May
More Stories From World
-
Slot 'confident' of Liverpool job as 'negotiations' take place
30 minutes ago -
Google parent Alphabet's Q1 profits beat estimates: company
40 minutes ago -
WADA asks 'independent prosecutor' to examine Chinese swimmers case
50 minutes ago -
New York court overturns Harvey Weinstein sex crime conviction
1 hour ago -
Bagnaia and Spanish rivals chase victory at Jerez
3 hours ago -
Russian, Ukrainian strikes kill at least 10 in frontline regions
3 hours ago
-
Heatwave amid Israel's aggression in Gaza brings new misery, disease risk
3 hours ago -
Tourism must change, mayor says as Venice launches entry fee
3 hours ago -
Pakistani 'Blue Helmets' serving UN Peacekeeping Mission in DR Congo set to leave after 20 years of ..
4 hours ago -
Putin says plans to visit China in May
4 hours ago -
US reinstates open internet rules rescinded under Trump
4 hours ago -
Honda announces US$11 bn EV battery and vehicle plant in Canada
4 hours ago