Milk Market - Germany’s Milk Exports Increased by 4% in 2014

Dairy Products October 11, 2015
Author: Svetlana Sitkova
Head of Industrial Research Department

milk market

Germany dominated in the global milk trade in 2014. In 2014, Germany exported 2,559 thousand tonnes of milk totaling 1,770 million USD, 4% over the previous year. Its primary trading partner on the global milk market was Italy, where it supplied 23% of its total milk exports in value terms, accounting for 31% of Italy's total imports.

From 2007 to 2014, Germany was a net exporter of milk. Over this period, exports consistently exceeded imports in value terms. However, in physical terms, the difference was less pronounced, except for 2011 when high import prices made it more notable.

France and Belgium were among the other main global suppliers of milk in 2014. However, the fastest growing exporters from 2007 to 2014 were Belarus (+30% per year) and Poland (+9% per year). Belgium strengthened its position in the global export structure.

In 2014, Germany's top 5 trading partners were Italy, Belgium, the Netherlands, China and France, with a combined share 73% of Germany's milk exports. The share of Belgium increased (+8 percentage points), while the share of Italy illustrated negative dynamics (-17 percentage points).

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Source: World: Milk - Market Report. Analysis And Forecast To 2020