
World - Skim Milk of Cows - Market Analysis, Forecast, Size, Trends and Insights
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 |
---|---|---|---|---|
USD per ton | ||||
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 |
---|---|---|---|---|
USD per ton | ||||
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 |
---|---|---|---|---|
billion USD | ||||
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 |
---|---|---|---|---|
million USD | ||||
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%
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.
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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
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
- 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
- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
- 7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
- 8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2022
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
- 9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2022
- 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
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11. COUNTRY PROFILES
The Largest Markets And Their Profiles
- 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
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LIST OF TABLES
- Key Findings In 2022
- Market Volume, In Physical Terms, 2012–2022
- Market Value, 2012–2022
- Per Capita Consumption, By Country, 2018–2022
- Production, In Physical Terms, By Country, 2012–2022
- Imports, In Physical Terms, By Country, 2012–2022
- Imports, In Value Terms, By Country, 2012–2022
- Import Prices, By Country Of Destination, 2012–2022
- Exports, In Physical Terms, By Country, 2012–2022
- Exports, In Value Terms, By Country, 2012–2022
- Export Prices, By Country Of Origin, 2012–2022
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2022
- Market Value, 2012–2022
- Consumption, By Country, 2022
- 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
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2022
- Production, In Value Terms, 2012–2022
- Production, By Country, 2022
- Production, In Physical Terms, By Country, 2012–2022
- Imports, In Physical Terms, 2012–2022
- Imports, In Value Terms, 2012–2022
- Imports, In Physical Terms, By Country, 2022
- Imports, In Physical Terms, By Country, 2012–2022
- Imports, In Value Terms, By Country, 2012–2022
- Import Prices, By Country, 2012–2022
- Exports, In Physical Terms, 2012–2022
- Exports, In Value Terms, 2012–2022
- Exports, In Physical Terms, By Country, 2022
- Exports, In Physical Terms, By Country, 2012–2022
- Exports, In Value Terms, By Country, 2012–2022
- Export Prices, 2012–2022
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