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Asia - Whole Fresh Milk - Market Analysis, Forecast, Size, Trends and Insights
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Asia: Whole Fresh Milk Market Overview 2021

Whole Fresh Milk Market Size in Asia

The Asian whole fresh milk market totaled $X in 2020, with an increase of X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. The level of consumption peaked in 2020 and is expected to retain growth in the immediate term.

Whole Fresh Milk Production in Asia

In value terms, whole fresh milk production expanded markedly to $X in 2020 estimated in export prices. The total production indicated a tangible increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production decreased by -X% against 2017 indices. The growth pace was the most rapid in 2008 when the production volume increased by X% year-to-year. The level of production peaked at $X in 2017; however, from 2018 to 2020, production stood at a somewhat lower figure.

India (X tonnes) constituted the country with the largest volume of whole fresh milk production, accounting for X% of total volume. Moreover, whole fresh milk production in India exceeded the figures recorded by the second-largest producer, China (X tonnes), threefold. Pakistan (X tonnes) ranked third in terms of total production with a X% share.

From 2007 to 2020, the average annual growth rate of volume in India totaled +X%. The remaining producing countries recorded the following average annual rates of production growth: China (-X% per year) and Pakistan (+X% per year).

In 2020, the average yield of whole fresh milk in Asia was estimated at X kg per head, surging by X% against 2019. The yield figure increased at an average annual rate of +X% from 2007 to 2020; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of X% y-o-y. Over the period under review, the whole fresh milk yield hit record highs in 2020 and is likely to see gradual growth in years to come.

In 2020, the amount of producing animals in Asia stood at X heads, remaining relatively unchanged against 2019 figures. This number increased at an average annual rate of +X% from 2007 to 2020; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2009 with an increase of X% y-o-y. Over the period under review, this number reached the peak level in 2020 and is expected to retain growth in the immediate term.

Production By Country in Asia

India (X tonnes) remains the largest whole fresh milk producing country in Asia, accounting for X% of total volume. Moreover, whole fresh milk production in India exceeded the figures recorded by the second-largest producer, China (X tonnes), threefold. Pakistan (X tonnes) ranked third in terms of total production with a X% share.

From 2007 to 2020, the average annual growth rate of volume in India amounted to +X%. In the other countries, the average annual rates were as follows: China (-X% per year) and Pakistan (+X% per year).

Whole Fresh Milk Exports

Exports in Asia

In 2020, whole fresh milk exports in Asia contracted to X tonnes, declining by -X% on the previous year. Total exports indicated moderate growth from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports decreased by -X% against 2014 indices. The pace of growth was the most pronounced in 2010 with an increase of X% y-o-y. Over the period under review, exports reached the maximum at X tonnes in 2014; however, from 2015 to 2020, exports remained at a lower figure.

In value terms, whole fresh milk exports fell significantly to $X in 2020. Over the period under review, exports, however, recorded measured growth. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Over the period under review, exports hit record highs at $X in 2015; however, from 2016 to 2020, exports failed to regain the momentum.

Exports by Country

The biggest shipments were from the United Arab Emirates (X tonnes), Turkey (X tonnes) and Kuwait (X tonnes), together accounting for X% of total export. It was distantly followed by China (X tonnes), Thailand (X tonnes) and Pakistan (X tonnes), together generating a X% share of total exports. Kyrgyzstan (X tonnes), Saudi Arabia (X tonnes), Viet Nam (X tonnes), India (X tonnes), South Korea (X tonnes), Japan (X tonnes) and Hong Kong SAR (X tonnes) followed a long way behind the leaders.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Viet Nam, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest whole fresh milk supplying countries in Asia were Kuwait ($X), Thailand ($X) and Turkey ($X), together comprising X% of total exports. China, the United Arab Emirates, Japan, Hong Kong SAR, South Korea, Viet Nam, Pakistan, Saudi Arabia, India and Kyrgyzstan lagged somewhat behind, together comprising a further X Nam recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The whole fresh milk export price in Asia stood at $X per tonne in 2020, dropping by -X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. The level of export peaked at $X per tonne in 2016; however, from 2017 to 2020, export prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Hong Kong SAR ($X per tonne), while the United Arab Emirates ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Whole Fresh Milk Imports

Imports in Asia

In 2020, the amount of whole fresh milk imported in Asia shrank to X tonnes, which is down by -X% on the previous year. Over the period under review, imports, however, recorded a prominent increase. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Over the period under review, imports hit record highs at X tonnes in 2019, and then dropped slightly in the following year.

In value terms, whole fresh milk imports totaled $X in 2020. Overall, imports, however, showed resilient growth. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. Over the period under review, imports attained the maximum in 2020 and are expected to retain growth in the immediate term.

Imports by Country

China dominates whole fresh milk imports structure, reaching X tonnes, which was near X% of total imports in 2020. Hong Kong SAR (X tonnes) took a X% share (based on tonnes) of total imports, which put it in second place, followed by the Philippines (X%). The following importers - Singapore (X tonnes), South Korea (X tonnes), Malaysia (X tonnes), Viet Nam (X tonnes), the United Arab Emirates (X tonnes), Kuwait (X tonnes), Oman (X tonnes) and Saudi Arabia (X tonnes) - together made up X% of total imports.

China was also the fastest-growing in terms of the whole fresh milk imports, with a CAGR of +X% from 2007 to 2020. At the same time, South Korea (+X%), Viet Nam (+X%), Malaysia (+X%), the United Arab Emirates (+X%), the Philippines (+X%), Hong Kong SAR (+X%), Oman (+X%) and Singapore (+X%) displayed positive paces of growth. Kuwait experienced a relatively flat trend pattern. By contrast, Saudi Arabia (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of China and South Korea increased by +X% and +X% percentage points, while Oman (-X p.p.), Kuwait (-X p.p.), the Philippines (-X p.p.), Singapore (-X p.p.), Saudi Arabia (-X p.p.) and Hong Kong SAR (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported whole fresh milk in Asia, comprising X% of total imports. The second position in the ranking was occupied by Hong Kong SAR ($X), with a X% share of total imports. It was followed by South Korea, with a X% share.

From 2007 to 2020, the average annual growth rate of value in China stood at +X%. In the other countries, the average annual rates were as follows: Hong Kong SAR (+X% per year) and South Korea (+X% per year).

Import Prices by Country

In 2020, the whole fresh milk import price in Asia amounted to $X per tonne, surging by X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2017 an increase of X% year-to-year. The level of import peaked at $X per tonne in 2018; afterwards, it flattened through to 2020.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was South Korea ($X per tonne), while Saudi Arabia ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by South Korea, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for whole fresh milk in Asia?
+
The country with the largest volume of whole fresh milk consumption was India (197M tonnes), accounting for 47% of total volume. Moreover, whole fresh milk consumption in India exceeded the figures recorded by the second-largest consumer, China (74M tonnes), threefold. Pakistan (59M tonnes) ranked third in terms of total consumption with a 14% share.
What are the largest producers of whole fresh milk in Asia?
+
India (197M tonnes) remains the largest whole fresh milk producing country in Asia, accounting for 47% of total volume. Moreover, whole fresh milk production in India exceeded the figures recorded by the second-largest producer, China (73M tonnes), threefold. Pakistan (59M tonnes) ranked third in terms of total production with a 14% share.
What are the leading suppliers of whole fresh milk in Asia?
+
In value terms, Kuwait ($46M), Thailand ($33M) and Turkey ($29M) constituted the countries with the highest levels of exports in 2020, together comprising 39% of total exports. China, the United Arab Emirates, Japan, Hong Kong SAR, South Korea, Viet Nam, Pakistan, Saudi Arabia, India and Kyrgyzstan lagged somewhat behind, together comprising a further 48%.
What are the leading importers of whole fresh milk in Asia?
+
In value terms, China ($1.2B) constitutes the largest market for imported whole fresh milk in Asia, comprising 64% of total imports. The second position in the ranking was occupied by Hong Kong SAR ($118M), with a 6.4% share of total imports. It was followed by South Korea, with a 5.3% share.
What is the average export price for whole fresh milk in Asia?
+
In 2020, the whole fresh milk export price in Asia amounted to $901 per tonne, declining by -13.5% against the previous year.
What is the average import price for whole fresh milk in Asia?
+
The whole fresh milk import price in Asia stood at $1,272 per tonne in 2020, with an increase of 2.6% against the previous year.

Product coverage:
• FCL 1130 - Camel milk
• FCL 882 - Cow milk, whole (fresh)
• FCL 1020 - Goat milk
• FCL 982 - Sheep milk
• FCL 951 - Buffalo milk

This report provides an in-depth analysis of the whole fresh milk market in Asia. 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 2025.


Country coverage:
• Afghanistan
• Armenia
• Bahrain
• Bhutan
• Brunei Darussalam
• Cambodia
• China, Macao SAR
• Cyprus
• Democratic People's Republic of Korea
• Georgia
• Jordan
• Kyrgyzstan
• Lao People's Democratic Republic
• Lebanon
• Maldives
• Mongolia
• Nepal
• Palestine
• Syrian Arab Republic
• Taiwan, Chinese
• Tajikistan
• Timor-Leste
• Turkmenistan
• Yemen

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Asia, split by region and country
• Trade (exports and imports) in Asia
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
PRODUCING ANIMALS AND YIELD BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Afghanistan
• Armenia
• Azerbaijan
• Bahrain
• Bangladesh
• Bhutan
• Brunei Darussalam
• Cambodia
• China
• China, Hong Kong SAR
• China, Macao SAR
• Cyprus
• Georgia
• India
• Indonesia
• Iran
• Iraq
• Israel
• Japan
• Jordan
• Kazakhstan
• Kuwait
• Kyrgyzstan
• Lebanon
• Malaysia
• Maldives
• Mongolia
• Myanmar
• Nepal
• Oman
• Pakistan
• Palestine
• Philippines
• Qatar
• Saudi Arabia
• Singapore
• South Korea
• Sri Lanka
• Syrian Arab Republic
• Taiwan, Chinese
• Tajikistan
• Thailand
• Timor-Leste
• Turkey
• Turkmenistan
• United Arab Emirates
• Uzbekistan
• Viet Nam
• Yemen
• Lao People's Democratic Republic
• Democratic People's Republic of Korea
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Producing Animals, By Country, 2007–2020
Table 7:
Yield, By Country, 2007–2020
Table 8:
Imports, In Physical Terms, By Country, 2007–2020
Table 9:
Imports, In Value Terms, By Country, 2007–2020
Table 10:
Import Prices, By Country Of Destination, 2007–2020
Table 11:
Exports, In Physical Terms, By Country, 2007–2020
Table 12:
Exports, In Value Terms, By Country, 2007–2020
Table 13:
Export Prices, By Country Of Origin, 2007–2020
Table 14:
Producer Prices, By Major Producing Country, 2020
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2007–2020
Figure 18:
Production, In Value Terms, 2007–2020
Figure 19:
Producing Animals, 2007–2020
Figure 20:
Yield, 2007–2020
Figure 21:
Production, By Country, 2020
Figure 22:
Production, In Physical Terms, By Country, 2007–2020
Figure 23:
Producing Animals, By Country, 2020
Figure 24:
Producing Animals, By Country, 2007–2020
Figure 25:
Yield, By Country, 2007–2020
Figure 26:
Imports, In Physical Terms, 2007–2020
Figure 27:
Imports, In Value Terms, 2007–2020
Figure 28:
Imports, In Physical Terms, By Country, 2020
Figure 29:
Imports, In Physical Terms, By Country, 2007–2020
Figure 30:
Imports, In Value Terms, By Country, 2007–2020
Figure 31:
Import Prices, By Country, 2007–2020
Figure 32:
Exports, In Physical Terms, 2007–2020
Figure 33:
Exports, In Value Terms, 2007–2020
Figure 34:
Exports, In Physical Terms, By Country, 2020
Figure 35:
Exports, In Physical Terms, By Country, 2007–2020
Figure 36:
Exports, In Value Terms, By Country, 2007–2020
Figure 37:
Export Prices, 2007–2020

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