Finland - Dried Milk - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPowdered Milk Price in Finland - 2023
Contents:
- Powdered Milk Price in Finland (FOB) - 2023
- Powdered Milk Price in Finland (CIF) - 2023
- Powdered Milk Exports in Finland
- Powdered Milk Imports in Finland
Powdered Milk Price in Finland (FOB) - 2023
The average powdered milk export price stood at $2,592 per ton in July 2023, falling by -4.9% against the previous month. Overall, the export price showed a perceptible setback. The pace of growth appeared the most rapid in August 2022 an increase of 1.9% against the previous month. As a result, the export price attained the peak level of $4,128 per ton. From September 2022 to July 2023, the the average export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In July 2023, the highest price was recorded for prices to Singapore ($3,211 per ton) and Poland ($3,127 per ton), while the average price for exports to China ($2,204 per ton) and the Netherlands ($2,535 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.
Powdered Milk Price in Finland (CIF) - 2023
The average powdered milk import price stood at $5,422 per ton in July 2023, shrinking by -8.7% against the previous month. Over the period under review, the import price, however, showed a modest increase. The most prominent rate of growth was recorded in May 2023 an increase of 24% against the previous month. The import price peaked at $6,524 per ton in February 2023; however, from March 2023 to July 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($8,829 per ton), while the price for Belgium ($4,174 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 (+4.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Powdered Milk Exports in Finland
In 2022, shipments abroad of powdered milk decreased by -6.1% to 45K tons, falling for the second year in a row after two years of growth. The total export volume increased at an average annual rate of +6.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 38%. As a result, the exports reached the peak of 52K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, powdered milk exports soared to $174M in 2022. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +19.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +71.6% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 36% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.
| Export of Powdered Milk in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 38.2 | 67.5 | 85.1 | 110 | 42.3% |
| Sweden | 5.6 | 8.4 | 7.9 | 8.7 | 15.8% |
| Netherlands | 12.5 | 10.8 | 5.2 | 8.3 | -12.8% |
| Italy | N/A | 0.3 | 3.0 | 6.4 | 361.9% |
| Malaysia | 7.1 | 9.1 | 4.8 | 6.1 | -4.9% |
| Germany | 2.7 | 8.2 | 4.7 | 5.8 | 29.0% |
| Egypt | 8.9 | 9.7 | 6.9 | 5.6 | -14.3% |
| Ireland | 7.0 | 5.8 | 4.8 | 5.3 | -8.9% |
| United Arab Emirates | 3.7 | 2.5 | 4.4 | 3.4 | -2.8% |
| Thailand | 0.8 | 2.7 | 1.3 | 2.7 | 50.0% |
| Singapore | 4.6 | 3.1 | 4.1 | 2.6 | -17.3% |
| Others | 10.6 | 10.6 | 10.9 | 9.9 | -2.3% |
| Total | 102 | 139 | 143 | 174 | 19.5% |
Top Export Markets for Powdered Milk from Finland in 2022:
- China (28.7K tons)
- Netherlands (2.3K tons)
- Sweden (2.3K tons)
- Italy (1.8K tons)
- Malaysia (1.6K tons)
- Egypt (1.4K tons)
- Germany (1.4K tons)
- Ireland (1.3K tons)
- United Arab Emirates (0.9K tons)
- Thailand (0.7K tons)
- Singapore (0.6K tons)
Powdered Milk Imports in Finland
For the third year in a row, Finland recorded decline in supplies from abroad of powdered milk, which decreased by -1.6% to 703 tons in 2022. Over the period under review, imports showed a abrupt curtailment.
In value terms, powdered milk imports expanded sharply to $3.6M in 2022. In general, imports saw a relatively flat trend pattern.
| Import of Powdered Milk in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 2,146 | 1,845 | 1,642 | 1,907 | -3.9% |
| Belgium | 93.3 | 815 | 873 | 815 | 105.9% |
| Austria | 245 | 182 | 165 | 333 | 10.8% |
| Netherlands | 516 | 192 | 177 | 245 | -22.0% |
| Denmark | N/A | 360 | 96.1 | 113 | -44.0% |
| Sweden | 93.5 | 46.3 | 51.5 | 69.7 | -9.3% |
| Germany | 360 | 218 | 150 | 67.3 | -42.8% |
| Others | 177 | 84.7 | 58.6 | 50.9 | -34.0% |
| Total | 3,631 | 3,745 | 3,214 | 3,601 | -0.3% |
Top Suppliers of Powdered Milk to Finland in 2022:
- Estonia (304.5 tons)
- Belgium (253.4 tons)
- Austria (53.1 tons)
- Netherlands (39.7 tons)
- Denmark (19.6 tons)
- Sweden (11.5 tons)
- Germany (7.2 tons)
This report provides an in-depth analysis of the powdered milk market in Finland. 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:
- Finland
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Finland
- 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.
-
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
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
-
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
-
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
-
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
-
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
-
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
426
This report provides an in-depth analysis of the powdered milk market in Finland.
409
This report provides an in-depth analysis of the market for powdered, condensed or evaporated milk in Finland.
455
This report provides an in-depth analysis of the market for evaporated and condensed milk in Finland.
504
This report provides an in-depth analysis of the market for sweetened condensed and evaporated milk in Finland.
443
This report provides an in-depth analysis of the market for unsweetened condensed and evaporated milk in Finland.
84
This report provides an in-depth analysis of the skim powdered milk market in Finland.
290
This report provides an in-depth analysis of the market for powdered, evaporated and condensed milk in Finland.
76
This report provides an in-depth analysis of the whole powdered milk market in Finland.
661
This report provides an in-depth analysis of the global powdered milk market.
1364
This report provides an in-depth analysis of the global market for powdered, condensed or evaporated milk.
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.
29
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.
29
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.
