Dairy Produce Market

Dairy produce market: discover recently published information provided by an Ai-driven market intelligence platform. Datasets contain companies, market prices, market size, trade, production, exports, imports, and consumption. Here is a breakdown by region, including China, Africa, EU, the U.S., Russia, the Middle East, Latin America, and the U.K. Market trends and outlook to 2030 are also featured in the reports.


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Dairy Produce - World's Largest Markets

RatingCountry
1India
2United States
3Pakistan
4China
5Brazil

In value terms, India, the United States and Pakistan constituted the countries with the highest levels of market value in 2020, with a combined 37% share of the global market. China, Brazil, Germany, Russia, France, New Zealand, Turkey, the Netherlands, the UK and Poland lagged somewhat behind, together accounting for a further 28%.

The Netherlands recorded the highest rates of growth with regard to market size, among the main consuming countries over the period under review, while dairy produce market for the other global leaders experienced more modest paces of growth.

Dairy Produce Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Czech Republic773756746-1.8%
Austria1332131714444.1%
Poland180415171512-8.5%
United Kingdom160415211521-2.6%
Germany1838179018761.0%
Belgium208319171981-2.5%
Belarus2228262824294.4%
France2560253025920.6%
United States2514280027895.3%
Denmark336229042916-6.9%
Ireland322331703100-1.9%
Netherlands3078299331651.4%
New Zealand330031613198-1.6%
Average230622572302-0.1%

Prices varied noticeably by the country of origin; the country with the highest price was New Zealand ($3,198 per ton), while the Czech Republic ($746 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the United States, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
France367534243449-3.1%
Saudi Arabia3193303031900.0%
United Kingdom296429752813-2.6%
Spain2623262426240.0%
China263124262589-0.8%
Russia2242265525526.7%
United Arab Emirates2123210022102.0%
Belgium1865196719933.4%
Netherlands190617921816-2.4%
Germany187918971791-2.4%
Italy162214731552-2.2%
Ireland8518719747.0%
Lithuania5765765760.0%
Average2312229823430.7%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was France ($3,449 per ton), while Lithuania ($576 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Ireland, while the other global leaders experienced more modest paces of growth.

Dairy Produce - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
Germany7.47.27.61.7%
China4.65.35.610.0%
France4.23.93.8-4.9%
Italy4.13.93.7-4.9%
Belgium3.63.53.60.0%

In value terms, Germany ($7.6B), China ($5.6B) and France ($3.8B) constituted the countries with the highest levels of imports in 2020, with a combined 22% share of global imports. Italy, Belgium, the Netherlands, the UK, Russia, Spain, Saudi Arabia, the United Arab Emirates, Ireland and Lithuania lagged somewhat behind, together comprising a further 30%.

In terms of the main importing countries, the United Arab Emirates recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Dairy Produce - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
New Zealand9.8109.8-0.1%
Germany9.39.49.40.8%
Netherlands8.387.9-2.5%
France6.56.36.4-0.9%
United States3.43.74.110.3%

In value terms, the largest dairy produce supplying countries worldwide were New Zealand ($9.8B), Germany ($9.4B) and the Netherlands ($7.9B), together comprising 36% of global exports. France, the United States, Belgium, Ireland, Denmark, Belarus, Poland, the UK, Austria and the Czech Republic lagged somewhat behind, together comprising a further 37%.

Among the main exporting countries, the United States saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Dairy Produce - Market Forecast

Driven by rising demand for dairy produce worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Dairy Produce - Product Coverage

  • HS 040110 - Dairy produce; milk and cream, not concentrated, not containing added sugar or other sweetening matter, of a fat content, by weight, not exceeding 1%
  • HS 040120 - Dairy produce; milk and cream, not concentrated, not containing added sugar or other sweetening matter, of a fat content, by weight, exceeding 1% but not exceeding 6%
  • HS 040210 - Dairy produce; milk and cream, concentrated or containing added sugar or other sweetening matter, in powder, granules or other solid forms, of a fat content not exceeding 1.5% (by weight)
  • HS 040221 - Dairy produce; milk and cream, concentrated, not containing added sugar or other sweetening matter, in powder, granules or other solid forms, of a fat content exceeding 1.5% (by weight)
  • HS 040229 - Dairy produce; milk and cream, containing added sugar or other sweetening matter, in powder, granules or other solid forms, of a fat content exceeding 1.5% (by weight)
  • HS 040291 - Dairy produce; milk and cream, concentrated, not containing added sugar or other sweetening matter, other than in powder, granules or other solid forms
  • HS 040299 - Dairy produce; milk and cream, containing added sugar or other sweetening matter, other than in powder, granules or other solid forms
  • HS 0403 - Buttermilk, curdled milk and cream, yoghurt, kephir, fermented or acidified milk or cream, whether or not concentrated, containing added sugar, sweetening matter, flavoured or added fruit or cocoa
  • HS 040510 - Dairy produce; derived from milk, butter
  • HS 040520 - Dairy produce; dairy spreads
  • HS 040590 - Dairy produce; fats and oils derived from milk (other than butter or dairy spreads)
  • HS 040610 - Dairy produce; fresh cheese (including whey cheese), not fermented, and curd
  • HS 040620 - Dairy produce; cheese of all kinds, grated or powdered
  • HS 040630 - Dairy produce; cheese, processed (not grated or powdered)
  • HS 040640 - Dairy produce; cheese, blue-veined and other cheese containing veins produced by Penicillium roqueforti (not grated, powdered or processed)
  • HS 040690 - Dairy produce; cheese (not grated, powdered or processed), n.e.s. in heading no. 0406
  • HS 040130 - Dairy produce; milk and cream, not concentrated, not containing added sugar or other sweetening matter, of a fat content exceeding 6% (by weight)
  • HS 040140 - Dairy produce; milk and cream, not concentrated, not containing added sugar or other sweetening matter, of a fat content, by weight, exceeding 6% but not exceeding 10%
  • HS 040150 - Dairy produce; milk and cream, not concentrated, not containing added sugar or other sweetening matter, of a fat content, by weight, exceeding 10%

Source: IndexBox Market Intelligence Platform

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