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Australia and Oceania - Dried Milk - Market Analysis, Forecast, Size, Trends and Insights
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Australia and Oceania: Powdered Milk Market 2022

Powdered Milk Market Size in Australia and Oceania

In 2021, after three years of growth, there was significant decline in the powdered milk market in Australia and Oceania, when its value decreased by -X% to $X. In general, consumption showed a perceptible reduction. The level of consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Powdered Milk Production in Australia and Oceania

In value terms, powdered milk production declined modestly to $X in 2021 estimated in export price. Overall, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

The country with the largest volume of powdered milk production was New Zealand (X tons), comprising approx. X% of total volume. Moreover, powdered milk production in New Zealand exceeded the figures recorded by the second-largest producer, Australia (X tons), ninefold.

From 2012 to 2021, the average annual rate of growth in terms of volume in New Zealand stood at +X%.

Powdered Milk Exports

Exports in Australia and Oceania

In 2021, approx. X tons of powdered milk were exported in Australia and Oceania; increasing by X% compared with the previous year's figure. The total export volume increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, powdered milk exports surged to $X in 2021. Total exports indicated modest growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2017 with an increase of X%. The level of export peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

New Zealand dominates exports structure, reaching X tons, which was approx. X% of total exports in 2021. It was distantly followed by Australia (X tons), committing an X% share of total exports.

New Zealand was also the fastest-growing in terms of the powdered milk exports, with a CAGR of +X% from 2012 to 2021. Australia (-X%) illustrated a downward trend over the same period. While the share of New Zealand (+X p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Australia (-X p.p.) displayed negative dynamics.

In value terms, New Zealand ($X) remains the largest powdered milk supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was held by Australia ($X), with an X% share of total exports.

In New Zealand, powdered milk exports increased at an average annual rate of +X% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Australia and Oceania amounted to $X per ton, surging by X% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the export price increased by X%. The level of export peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2021, the country with the highest price was Australia ($X per ton), while New Zealand stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+X%).

Powdered Milk Imports

Imports in Australia and Oceania

In 2021, supplies from abroad of powdered milk decreased by -X% to X tons for the first time since 2016, thus ending a four-year rising trend. Over the period under review, imports, however, continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The volume of import peaked at X tons in 2020, and then dropped in the following year.

In value terms, powdered milk imports reduced to $X in 2021. In general, imports, however, recorded a strong expansion. The growth pace was the most rapid in 2017 when imports increased by X%. The level of import peaked at $X in 2020, and then contracted in the following year.

Imports by Country

In 2021, Australia (X tons) was the main importer of powdered milk, achieving X% of total imports. It was distantly followed by New Zealand (X tons) and Fiji (X tons), together mixing up a X% share of total imports. The following importers - New Caledonia (X tons) and Papua New Guinea (X tons) - each resulted at a X% share of total imports.

Australia was also the fastest-growing in terms of the powdered milk imports, with a CAGR of +X% from 2012 to 2021. At the same time, New Zealand (+X%) displayed positive paces of growth. By contrast, Fiji (-X%), New Caledonia (-X%) and Papua New Guinea (-X%) illustrated a downward trend over the same period. Australia (+X p.p.) significantly strengthened its position in terms of the total imports, while New Caledonia, New Zealand, Papua New Guinea and Fiji saw its share reduced by -X%, -X%, -X% and -X% from 2012 to 2021, respectively.

In value terms, Australia ($X) constitutes the largest market for imported powdered milk in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total imports. It was followed by Fiji, with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Australia stood at +X%. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (+X% per year) and Fiji (+X% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2021, with an increase of X% against the previous year. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the import price increased by X%. The level of import peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in New Caledonia ($X per ton) and Fiji ($X per ton), while Papua New Guinea ($X per ton) and New Zealand ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Fiji (+X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for powdered, evaporated and condensed milk in Australia and Oceania?
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The countries with the highest volumes of consumption in 2021 were New Zealand, Australia and Fiji, with a combined 97% share of total consumption.
What are the largest producers of powdered, evaporated and condensed milk in Australia and Oceania?
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New Zealand constituted the country with the largest volume of powdered, evaporated and condensed milk production, accounting for 89% of total volume. Moreover, powdered, evaporated and condensed milk production in New Zealand exceeded the figures recorded by the second-largest producer, Australia, eightfold.
What are the leading exporters of powdered, evaporated and condensed milk in Australia and Oceania?
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In value terms, New Zealand remains the largest powdered, evaporated and condensed milk supplier in Australia and Oceania, comprising 88% of total exports. The second position in the ranking was taken by Australia, with a 12% share of total exports.
What are the leading importers of powdered, evaporated and condensed milk in Australia and Oceania?
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In value terms, Australia constitutes the largest market for imported powdered, evaporated and condensed milk in Australia and Oceania, comprising 65% of total imports. The second position in the ranking was held by New Zealand, with a 15% share of total imports. It was followed by Fiji, with a 12% share.
What is the average export price for powdered, evaporated and condensed milk in Australia and Oceania?
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The export price in Australia and Oceania stood at $3,234 per ton in 2021, rising by 5.1% against the previous year.
What is the average import price for powdered, evaporated and condensed milk in Australia and Oceania?
+
In 2021, the import price in Australia and Oceania amounted to $3,644 per ton, increasing by 2.6% against the previous year.

This report provides an in-depth analysis of the powdered milk market in Australia and Oceania. 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 897 - Dry Whole Cow Milk
• FCL 898 - Dry Skim Cow Milk
Country coverage:
• American Samoa
• Cook Islands
• Fiji
• French Polynesia
• Guam
• Kiribati
• Marshall Islands
• Micronesia
• Nauru
• New Caledonia
• Niue
• Northern Mariana Islands
• Palau
• Papua New Guinea
• Samoa
• Solomon Islands
• Tokelau
• Tonga
• Tuvalu
• Vanuatu
• Wallis and Futuna Islands

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Australia and Oceania, split by region and country
• Trade (exports and imports) in Australia and Oceania
• 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

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
TOP EXPORTING COUNTRIES
5.4
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
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2021
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 2012–2021
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

• Australia
• Cook Islands
• Fiji
• French Polynesia
• Kiribati
• Marshall Islands
• Micronesia
• New Caledonia
• New Zealand
• Northern Mariana Islands
• Palau
• Papua New Guinea
• Samoa
• Solomon Islands
• Tokelau
• Tonga
• Tuvalu
• Vanuatu
• Wallis and Futuna Islands
• American Samoa
• Nauru
• Niue
• Guam
LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption, By Country, 2015–2021
Table 5:
Production, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Physical Terms, By Country, 2012–2021
Table 7:
Imports, In Value Terms, By Country, 2012–2021
Table 8:
Import Prices, By Country Of Destination, 2012–2021
Table 9:
Exports, In Physical Terms, By Country, 2012–2021
Table 10:
Exports, In Value Terms, By Country, 2012–2021
Table 11:
Export Prices, By Country Of Origin, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Consumption, By Country, 2021
Figure 4:
Market Forecast To 2030
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:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2021
Figure 17:
Production, In Value Terms, 2012–2021
Figure 18:
Production, By Country, 2021
Figure 19:
Production, In Physical Terms, By Country, 2012–2021
Figure 20:
Imports, In Physical Terms, 2012–2021
Figure 21:
Imports, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, By Country, 2021
Figure 23:
Imports, In Physical Terms, By Country, 2012–2021
Figure 24:
Imports, In Value Terms, By Country, 2012–2021
Figure 25:
Import Prices, By Country, 2012–2021
Figure 26:
Exports, In Physical Terms, 2012–2021
Figure 27:
Exports, In Value Terms, 2012–2021
Figure 28:
Exports, In Physical Terms, By Country, 2021
Figure 29:
Exports, In Physical Terms, By Country, 2012–2021
Figure 30:
Exports, In Value Terms, By Country, 2012–2021
Figure 31:
Export Prices, 2012–2021
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