Belgium - Dried Milk - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPowdered Milk Price in Belgium - 2023
Contents:
- Powdered Milk Price in Belgium (FOB) - 2023
- Powdered Milk Price in Belgium (CIF) - 2023
- Powdered Milk Exports in Belgium
- Powdered Milk Imports in Belgium
Powdered Milk Price in Belgium (FOB) - 2023
In July 2023, the average powdered milk export price amounted to $3,146 per ton, remaining constant against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in August 2022 an increase of 20% month-to-month. As a result, the export price attained the peak level of $4,072 per ton. From September 2022 to July 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Italy ($4,002 per ton), while the average price for exports to Germany ($1,470 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+10.0%), while the prices for the other major destinations experienced a decline.
Powdered Milk Price in Belgium (CIF) - 2023
In July 2023, the average powdered milk import price amounted to $3,311 per ton, surging by 31% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.1%. The growth pace was the most rapid in December 2022 when the average import price increased by 35% month-to-month. As a result, import price reached the peak level of $4,365 per ton. From January 2023 to July 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was New Zealand ($6,495 per ton), while the price for Sweden ($1,188 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Powdered Milk Exports in Belgium
In 2022, shipments abroad of powdered milk decreased by -3% to 240K tons, falling for the second year in a row after two years of growth. In general, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 17%. As a result, the exports reached the peak of 284K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, powdered milk exports soared to $889M in 2022. Overall, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +16.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.3% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by 39%. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the near future.
| Export of Powdered Milk in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 56.2 | 63.8 | 102 | 102 | 22.0% |
| Algeria | 43.1 | 144 | 77.0 | 101 | 32.8% |
| Netherlands | 79.1 | 52.0 | 71.5 | 73.9 | -2.2% |
| France | 44.0 | 52.2 | 50.4 | 69.6 | 16.5% |
| Philippines | 35.3 | 32.3 | 61.1 | 54.7 | 15.7% |
| Italy | 19.3 | 30.1 | 33.9 | 43.3 | 30.9% |
| Germany | 18.8 | 24.6 | 23.0 | 36.7 | 25.0% |
| Yemen | 1.0 | 2.8 | 18.1 | 34.0 | 224.0% |
| Malaysia | 12.8 | 11.7 | 11.8 | 27.1 | 28.4% |
| Poland | 7.2 | 9.3 | 20.6 | 26.2 | 53.8% |
| Saudi Arabia | 16.3 | 16.1 | 18.7 | 26.1 | 17.0% |
| Thailand | 19.3 | 25.4 | 21.8 | 22.9 | 5.9% |
| Nigeria | 15.2 | 24.4 | 17.7 | 21.5 | 12.3% |
| Others | 190 | 284 | 206 | 250 | 9.6% |
| Total | 558 | 773 | 734 | 889 | 16.8% |
Top Export Markets for Powdered Milk from Belgium in 2022:
- Netherlands (27.2K tons)
- Indonesia (26.7K tons)
- Algeria (25.2K tons)
- France (18.8K tons)
- Philippines (14.2K tons)
- Germany (13.4K tons)
- Italy (10.8K tons)
- Yemen (8.6K tons)
- Malaysia (7.2K tons)
- Poland (6.9K tons)
- Saudi Arabia (6.7K tons)
- Thailand (6.2K tons)
- Nigeria (5.6K tons)
Powdered Milk Imports in Belgium
In 2022, the amount of powdered milk imported into Belgium expanded significantly to 181K tons, with an increase of 13% compared with 2021 figures. In general, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, powdered milk imports soared to $591M in 2022. Overall, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Powdered Milk in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 81.8 | 105 | 129 | 181 | 30.3% |
| Germany | 43.6 | 102 | 146 | 158 | 53.6% |
| France | 42.5 | 82.4 | 115 | 132 | 45.9% |
| Ireland | 7.4 | 7.0 | 10.7 | 35.4 | 68.5% |
| United Kingdom | 65.7 | 23.7 | 1.6 | 29.7 | -23.3% |
| Poland | 1.4 | 3.4 | 2.0 | 14.6 | 118.5% |
| Others | 15.5 | 6.6 | 20.4 | 40.0 | 37.2% |
| Total | 258 | 329 | 425 | 591 | 31.8% |
Top Suppliers of Powdered Milk to Belgium in 2022:
- Netherlands (77.2K tons)
- Germany (40.8K tons)
- France (34.1K tons)
- Ireland (8.4K tons)
- United Kingdom (7.8K tons)
- Poland (3.5K tons)
This report provides an in-depth analysis of the powdered milk market in Belgium. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 897 - Dry Whole Cow Milk
- FCL 898 - Dry Skim Cow Milk
Country coverage:
- Belgium
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belgium
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals Slaughtered, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the powdered milk market in Belgium.
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This report provides an in-depth analysis of the market for powdered, condensed or evaporated milk in Belgium.
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This report provides an in-depth analysis of the market for evaporated and condensed milk in Belgium.
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This report provides an in-depth analysis of the market for sweetened condensed and evaporated milk in Belgium.
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This report provides an in-depth analysis of the market for unsweetened condensed and evaporated milk in Belgium.
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This report provides an in-depth analysis of the skim powdered milk market in Belgium.
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This report provides an in-depth analysis of the market for powdered, evaporated and condensed milk in Belgium.
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This report provides an in-depth analysis of the whole powdered milk market in Belgium.
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This report provides an in-depth analysis of the global powdered milk market.
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This report provides an in-depth analysis of the global market for powdered, condensed or evaporated milk.
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Explore the top import markets for powdered milk and discover key statistics and numbers showcasing the global trade in this sector. China, Algeria, Indonesia, Mexico, United Arab Emirates, Philippines, Netherlands, Malaysia, Belgium, and Thailand are the leading countries in the import value of powdered milk.
1311
Germany dominates in the global skimmed milk trade. In 2014, Germany exported X thousand tons of skimmed milk totaling X million USD, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total skimmed mi
1709
New Zealand seized control of the market for evaporated and condensed milk. In 2014, New Zealand exported X thousand tons of evaporated and condensed milk totaling X million USD, X% over the previous year. Its primary trading partner was Chin
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Explore the top import markets for powdered, evaporated, and condensed milk in the world. Learn about the countries with the highest import values and key statistics. Find out how IndexBox market intelligence platform provides valuable insights.
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Discover the top 10 countries with the highest import values for whole powdered milk in 2023. Learn about the trends and factors driving the demand for this dairy product in key markets.
305
Explore the top import markets for powdered milk and discover key statistics and numbers showcasing the global trade in this sector. China, Algeria, Indonesia, Mexico, United Arab Emirates, Philippines, Netherlands, Malaysia, Belgium, and Thailand are the leading countries in the import value of powdered milk.
1311
Germany dominates in the global skimmed milk trade. In 2014, Germany exported X thousand tons of skimmed milk totaling X million USD, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total skimmed mi
1709
New Zealand seized control of the market for evaporated and condensed milk. In 2014, New Zealand exported X thousand tons of evaporated and condensed milk totaling X million USD, X% over the previous year. Its primary trading partner was Chin
237
Explore the top import markets for powdered, evaporated, and condensed milk in the world. Learn about the countries with the highest import values and key statistics. Find out how IndexBox market intelligence platform provides valuable insights.
48
Discover the top 10 countries with the highest import values for whole powdered milk in 2023. Learn about the trends and factors driving the demand for this dairy product in key markets.
