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

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

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

COUNTRY201920202021CAGR,
2019-2021
USD per ton
Tanzania17814656-43.9%
Ireland2474032541.4%
Austria26429633312.3%
France3663123842.4%
Latvia31733639111.1%
Poland38746848111.5%
South Africa684515481-16.1%
Germany4934025031.0%
Netherlands836824532-20.2%
United Kingdom739649645-6.6%
Egypt743652657-6.0%
Saudi Arabia931880908-1.2%
Belgium10871560164623.1%
Average585565584-0.1%

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

COUNTRY201920202021CAGR,
2019-2021
USD per ton
Belgium9921328164228.7%
Netherlands1079945995-4.0%
Kuwait943879905-2.0%
China6776946870.7%
Poland47147260413.2%
United States10971124560-28.6%
Mauritania402354379-2.9%
Germany3083083537.1%
Italy23725732116.4%
Average61069681815.8%

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

COUNTRY201920202021CAGR,
2019-2021
billion USD
Belgium0.20.30.432.5%
Netherlands0.20.10.1-2.0%
China0.080.10.19.3%
Italy0.10.080.06-20.0%
Germany0.040.040.049.2%

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

COUNTRY201920202021CAGR,
2019-2021
million USD
Saudi Arabia201162181-5.1%
Germany207140119-24.2%
Netherlands8411572-7.3%
Belgium906058-20.0%
France725144-21.6%

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%
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