United Kingdom - Skim Milk of Cows - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSkim Milk Price in the UK - 2023
Contents:
- Skim Milk Price in the UK (FOB) - 2023
- Skim Milk Price in the UK (CIF) - 2023
- Skim Milk Exports in the UK
- Skim Milk Imports in the UK
Skim Milk Price in the UK (FOB) - 2023
In June 2023, the average skim milk export price amounted to $682 per ton, leveling off at the previous month. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 65% against the previous month. The export price peaked at $1,521 per ton in October 2022; however, from November 2022 to June 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Ireland ($1,133 per ton), while the average price for exports to the Netherlands ($403 per ton) was amongst the lowest.
From August 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.
Skim Milk Price in the UK (CIF) - 2023
The average skim milk import price stood at $864 per ton in June 2023, shrinking by -10.6% against the previous month. In general, the import price, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 162% month-to-month. As a result, import price reached the peak level of $975 per ton. From February 2023 to June 2023, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the country with the highest price was Ireland ($871 per ton), while the price for France stood at $734 per ton.
From August 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Ireland (+8.1%).
Skim Milk Exports in the UK
In 2022, skim milk exports from the UK shrank significantly to 6.8K tons, declining by -65.7% compared with 2021 figures. Over the period under review, exports faced a dramatic descent. The most prominent rate of growth was recorded in 2021 when exports increased by 20% against the previous year.
In value terms, skim milk exports dropped dramatically to $11M in 2022. Overall, exports saw a sharp shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 47% against the previous year.
| Export of Skim Milk in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nicaragua | N/A | N/A | N/A | 0.7 | 0% |
| China | 2.0 | 0.2 | 0.3 | 0.4 | -41.5% |
| Hong Kong SAR | 0.2 | 1.2 | 0.9 | 0.3 | 14.5% |
| Belgium | N/A | N/A | N/A | 0.2 | 0% |
| Netherlands | 0.6 | 0.2 | 2.2 | 0.1 | -45.0% |
| Singapore | N/A | 0.1 | N/A | 0.1 | 0.0% |
| France | 0.3 | 0.1 | N/A | 0.1 | -30.7% |
| Ireland | 16.6 | 7.4 | 11.3 | 0.1 | -81.8% |
| Others | 2.0 | 1.6 | 1.2 | 8.6 | 62.6% |
| Total | 21.7 | 10.7 | 15.8 | 10.6 | -21.2% |
Top Export Markets for Skim Milk from the UK in 2022:
- Hong Kong SAR (238.3 tons)
- China (229.9 tons)
- France (186.7 tons)
- Singapore (147.7 tons)
- Nicaragua (144.0 tons)
- Ireland (106.5 tons)
- Belgium (78.7 tons)
- Netherlands (77.4 tons)
Skim Milk Imports in the UK
Skim milk imports into the UK surged to 29K tons in 2022, rising by 36% against 2021 figures. Over the period under review, imports, however, showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 46% against the previous year. As a result, imports attained the peak of 49K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, skim milk imports soared to $18M in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 49%. As a result, imports reached the peak of $28M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Skim Milk in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 6.2 | 11.7 | 5.9 | 16.7 | 39.1% |
| France | 5.3 | 4.1 | 3.7 | 1.2 | -39.1% |
| Belgium | 1.5 | 1.2 | 0.4 | 0.5 | -30.7% |
| Bulgaria | 2.4 | 5.0 | 1.3 | N/A | -26.4% |
| Spain | 1.4 | 2.3 | N/A | N/A | 64.3% |
| Others | 2.0 | 3.8 | 2.2 | 0.1 | -63.2% |
| Total | 18.9 | 28.1 | 13.4 | 18.4 | -0.9% |
Top Suppliers of Skim Milk to the UK in 2022:
- Bulgaria (undefinedK tons)
- Ireland (26.5K tons)
- France (1.5K tons)
- Belgium (0.6K tons)
This report provides an in-depth analysis of the skim milk market in the UK. 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:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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
-
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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