Report Update: May 1, 2024

Pakistan - Skim Powdered Milk - Market Analysis, Forecast, Size, Trends And Insights

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Skim Powdered Milk Price in Pakistan - 2023

Skim Powdered Milk Price in Pakistan (CIF) - 2022

In 2022, the average skim powdered milk import price amounted to $2,485 per ton, shrinking by -7% against the previous year. In general, the import price showed a slight downturn. The growth pace was the most rapid in 2020 when the average import price increased by 26%. The import price peaked at $3,784 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($3,245 per ton), while the price for Belgium ($2,030 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.2%), while the prices for the other major suppliers experienced a decline.

Skim Powdered Milk Price in Pakistan (FOB) - 2022

The average skim powdered milk export price stood at $3,766 per ton in 2022, almost unchanged from the previous year. Over the period under review, export price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, skim powdered milk export price decreased by -37.3% against 2017 indices. The growth pace was the most rapid in 2015 when the average export price increased by 50% against the previous year. The export price peaked at $6,001 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($6,367 per ton), while the average price for exports to the United Arab Emirates ($2,191 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+5.2%), while the prices for the other major destinations experienced mixed trend patterns.

Skim Powdered Milk Imports in Pakistan

In 2022, skim powdered milk imports into Pakistan shrank slightly to 19K tons, remaining stable against the previous year. Overall, imports recorded a sharp shrinkage.

In value terms, skim powdered milk imports contracted to $47M in 2022. In general, imports continue to indicate a deep downturn. The smallest decline of -3.1% was in 2021.

Import of Skim Powdered Milk in Pakistan (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Netherlands	0.6	N/A	3.2	11.8	169.9%
Sweden	N/A	4.1	8.9	7.6	36.1%
Belgium	10.0	2.3	3.3	6.1	-15.2%
United States	13.0	17.0	16.4	5.4	-25.4%
New Zealand	15.1	8.6	0.1	5.4	-29.0%
Germany	6.2	3.4	6.8	4.5	-10.1%
Ireland	6.7	4.3	4.0	3.0	-23.5%
France	12.9	5.7	1.2	1.6	-50.1%
Turkey	6.5	1.8	2.6	1.2	-43.1%
United Kingdom	4.1	1.0	2.0	0.4	-54.0%
Canada	2.9	1.5	0.5	0.1	-67.5%
India	2.9	N/A	N/A	N/A	0%
Others	4.4	3.4	2.3	0.4	-55.0%
Total	85.5	53.1	51.4	47.4	-17.9%

Top Suppliers of Skim Powdered Milk to Pakistan in 2022:

Canada (undefinedK tons)
Netherlands (4.8K tons)
Sweden (3.1K tons)
Belgium (3.0K tons)
New Zealand (2.1K tons)
United States (1.7K tons)
Germany (1.7K tons)
Ireland (1.2K tons)
France (0.7K tons)
Turkey (0.5K tons)
United Kingdom (0.2K tons)

Skim Powdered Milk Exports in Pakistan

In 2022, shipments abroad of skim powdered milk was finally on the rise to reach 705 tons after two years of decline. In general, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, skim powdered milk exports surged to $2.7M in 2022. Overall, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Skim Powdered Milk in Pakistan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	519	601	13.6	1,225	33.1%
Afghanistan	4.4	87.0	56.7	961	502.2%
Canada	257	123	52.8	346	10.4%
Australia	35.3	52.2	2.5	39.7	4.0%
United Arab Emirates	91.6	N/A	0.2	32.2	-29.4%
Others	0.8	0.8	17.5	52.7	303.9%
Total	908	864	143	2,656	43.0%

Top Export Markets for Skim Powdered Milk from Pakistan in 2022:

Afghanistan (414.9 tons)
United States (208.9 tons)
Canada (54.3 tons)
United Arab Emirates (14.7 tons)
Australia (6.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the skim powdered milk market in Pakistan. 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 898 - Dry Skim Cow Milk

Country coverage:

Pakistan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Pakistan
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. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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. TOP EXPORTING COUNTRIES
4. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
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
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 In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023