Report Update: Apr 1, 2024

World - Skim Milk of Cows - Market Analysis, Forecast, Size, Trends and Insights

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Skim Milk Market

Skim milk market: enjoy newly released facts and figures featured by an Ai-driven market intelligence platform. Info provide imports, production, exports, market size, trade, market prices, companies, and consumption. There is a split by region, including Russia, the U.K., the U.S., the Middle East, Africa, China, EU, and Latin America. Market insights and outlook to 2030 are also provided in the dashboards.

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Skim Milk - World's Largest Markets

Rating	Country
1	United States
2	New Zealand
3	Iran
4	Germany
5	Turkey

In value terms, the United States led the market, alone. The second position in the ranking was occupied by New Zealand. It was followed by Iran.

In the United States, the skim milk market declined by an average annual rate of -4.6% over the period from 2019-2021. The remaining consuming countries recorded the following average annual rates of market growth: New Zealand (+1.0% per year) and Iran (-0.9% per year).

Skim Milk Prices

Lowest Prices - FOB - Top Exporters

COUNTRY	2019	2020	2021	CAGR, 2019-2021
COUNTRY	USD per ton			CAGR, 2019-2021
Tanzania	178	146	56	-43.9%
Ireland	247	403	254	1.4%
Austria	264	296	333	12.3%
France	366	312	384	2.4%
Latvia	317	336	391	11.1%
Poland	387	468	481	11.5%
South Africa	684	515	481	-16.1%
Germany	493	402	503	1.0%
Netherlands	836	824	532	-20.2%
United Kingdom	739	649	645	-6.6%
Egypt	743	652	657	-6.0%
Saudi Arabia	931	880	908	-1.2%
Belgium	1087	1560	1646	23.1%
Average	585	565	584	-0.1%

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Belgium ($1,646 per ton), while Tanzania ($56 per ton) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Belgium, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY	2019	2020	2021	CAGR, 2019-2021
COUNTRY	USD per ton			CAGR, 2019-2021
Belgium	992	1328	1642	28.7%
Netherlands	1079	945	995	-4.0%
Kuwait	943	879	905	-2.0%
China	677	694	687	0.7%
Poland	471	472	604	13.2%
United States	1097	1124	560	-28.6%
Mauritania	402	354	379	-2.9%
Germany	308	308	353	7.1%
Italy	237	257	321	16.4%
Average	610	696	818	15.8%

Prices varied noticeably by the country of destination; the country with the highest price was Belgium ($1,642 per ton), while Italy ($321 per ton) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Belgium, while the other global leaders experienced more modest paces of growth.

Skim Milk - Top Importers

COUNTRY	2019	2020	2021	CAGR, 2019-2021
COUNTRY	billion USD			CAGR, 2019-2021
Belgium	0.2	0.3	0.4	32.5%
Netherlands	0.2	0.1	0.1	-2.0%
China	0.08	0.1	0.1	9.3%
Italy	0.1	0.08	0.06	-20.0%
Germany	0.04	0.04	0.04	9.2%

In value terms, Belgium ($416M) constitutes the largest market for imported skim milk worldwide, comprising 37% of global imports. The second position in the ranking was occupied by the Netherlands ($147M), with a 13% share of global imports. It was followed by China, with a 8.7% share.

In Belgium, skim milk imports increased at an average annual rate of +32.5% over the period from 2019-2021. In the other countries, the average annual rates were as follows: the Netherlands (-2.0% per year) and China (+9.3% per year).

Skim Milk - Top Exporters

COUNTRY	2019	2020	2021	CAGR, 2019-2021
COUNTRY	million USD			CAGR, 2019-2021
Saudi Arabia	201	162	181	-5.1%
Germany	207	140	119	-24.2%
Netherlands	84	115	72	-7.3%
Belgium	90	60	58	-20.0%
France	72	51	44	-21.6%

In value terms, the largest skim milk supplying countries worldwide were Saudi Arabia ($181M), Germany ($119M) and the Netherlands ($72M), with a combined 51% share of global exports. Belgium, France, Austria, Egypt, Poland, the UK, South Africa, Latvia, Ireland and Tanzania lagged somewhat behind, together comprising a further 30%.

In terms of the main exporting countries, Tanzania (+83.7% per year) saw the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Skim Milk - Market Forecast

Driven by rising demand for skim milk 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 2021 to 2030, which is projected to bring the market volume to by the end of 2030.

Skim Milk - 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%

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global skim milk market. 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 888 - Skim Milk of Cows

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

Global market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Global production, split by region and country
Global trade (exports and imports)
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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. 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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
3. PRODUCING ANIMALS AND YIELD BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. 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
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Producing Animals, By Country, 2012-2023
7. Yield, By Country, 2012-2023
8. Imports, In Physical Terms, By Country, 2012–2023
9. Imports, In Value Terms, By Country, 2012–2023
10. Import Prices, By Country Of Destination, 2012–2023
11. Exports, In Physical Terms, By Country, 2012–2023
12. Exports, In Value Terms, By Country, 2012–2023
13. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Yield And Growth
12. Exports And Growth
13. Export Prices And Growth
14. Market Size And Growth
15. Per Capita Consumption
16. Imports And Growth
17. Import Prices
18. Production, In Physical Terms, 2012–2023
19. Production, In Value Terms, 2012–2023
20. Producing Animals, 2012–2023
21. Yield, 2012–2023
22. Production, By Country, 2023
23. Production, In Physical Terms, By Country, 2012–2023
24. Producing Animals, By Country, 2023
25. Producing Animals, By Country, 2012-2023
26. Yield, By Country, 2012-2023
27. Imports, In Physical Terms, 2012–2023
28. Imports, In Value Terms, 2012–2023
29. Imports, In Physical Terms, By Country, 2023
30. Imports, In Physical Terms, By Country, 2012–2023
31. Imports, In Value Terms, By Country, 2012–2023
32. Import Prices, By Country, 2012–2023
33. Exports, In Physical Terms, 2012–2023
34. Exports, In Value Terms, 2012–2023
35. Exports, In Physical Terms, By Country, 2023
36. Exports, In Physical Terms, By Country, 2012–2023
37. Exports, In Value Terms, By Country, 2012–2023
38. Export Prices, 2012–2023