
Belgium - Skimmed Milk - Market Analysis, Forecast, Size, Trends and Insights
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Belgium: Skimmed Milk Market Overview 2021
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Skimmed Milk Market Size in Belgium
In 2019, the Belgian skimmed milk market decreased by -X% to $X for the first time since 2014, thus ending a four-year rising trend. Overall, consumption recorded a perceptible setback. The growth pace was the most rapid in 2018 when the market value increased by X% year-to-year. As a result, consumption attained the peak level of $X, and then declined sharply in the following year.
Skimmed Milk Production in Belgium
In value terms, skimmed milk production rose significantly to $X in 2019 estimated in export prices. Over the period under review, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2019, production remained at a lower figure.
The average yield of skimmed milk in Belgium was estimated at X kg per head in 2019, remaining relatively unchanged against the year before. Over the period under review, the yield showed a relatively flat trend pattern.
In 2019, the number of animals slaughtered for skimmed milk production in Belgium amounted to X head, remaining stable against 2018. Overall, the number of producing animals recorded a relatively flat trend pattern.
Skimmed Milk Exports
Exports from Belgium
In 2019, overseas shipments of skimmed milk increased by X% to X tonnes, rising for the third year in a row after two years of decline. Over the period under review, total exports indicated strong growth from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2017 when exports increased by X% year-to-year. Exports peaked in 2019 and are expected to retain growth in the immediate term.
In value terms, skimmed milk exports expanded markedly to $X in 2019. In general, total exports indicated a modest expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Over the period under review, exports hit record highs at $X in 2014; however, from 2015 to 2019, exports failed to regain the momentum.
Exports by Country
The Netherlands (X tonnes) was the main destination for skimmed milk exports from Belgium, with a X% share of total exports. Moreover, skimmed milk exports to the Netherlands exceeded the volume sent to the second major destination, Indonesia (X tonnes), threefold. France (X tonnes) ranked third in terms of total exports with a X% share.
From 2007 to 2019, the average annual growth rate of volume to the Netherlands amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (+X% per year) and France (-X% per year).
In value terms, the Netherlands ($X), France ($X) and the UK ($X) were the largest markets for skimmed milk exported from Belgium worldwide, together comprising X% of total exports. Indonesia, Algeria, the Philippines, Germany, Malaysia, Nigeria, Thailand, Italy, Saudi Arabia and Poland lagged somewhat behind, together accounting for a further X Philippines saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
The average skimmed milk export price stood at $X per tonne in 2019, increasing by X% against the previous year. Overall, the export price, however, continues to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2011 when the average export price increased by X% y-o-y. Over the period under review, average export prices attained the peak figure at $X per tonne in 2008; however, from 2009 to 2019, export prices failed to regain the momentum.
There were significant differences in the average prices for the major foreign markets. In 2019, the country with the highest price was France ($X per tonne), while the average price for exports to Poland ($X per tonne) was amongst the lowest.
From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to France, while the prices for the other major destinations experienced a decline.
Skimmed Milk Imports
Imports into Belgium
In 2019, purchases abroad of skimmed milk decreased by -X% to X tonnes for the first time since 2014, thus ending a four-year rising trend. In general, imports, however, recorded a temperate expansion. The growth pace was the most rapid in 2010 when imports increased by X% y-o-y. Imports peaked at X tonnes in 2018, and then declined significantly in the following year.
In value terms, skimmed milk imports contracted slightly to $X in 2019. Overall, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2010 when imports increased by X% year-to-year. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2019, imports stood at a somewhat lower figure.
Imports by Country
The Netherlands (X tonnes), France (X tonnes) and Germany (X tonnes) were the main suppliers of skimmed milk imports to Belgium, together comprising X% of total imports. The UK, Denmark and Ireland lagged somewhat behind, together accounting for a further X 2007 to 2019, the biggest increases were in Denmark, while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest skimmed milk suppliers to Belgium were the Netherlands ($X), Germany ($X) and France ($X), with a combined X% share of total imports. These countries were followed by the UK, Denmark and Ireland, which together accounted for a further X saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average skimmed milk import price stood at $X per tonne in 2019, picking up by X% against the previous year. Over the period under review, the import price, however, showed a perceptible decrease. Over the period under review, average import prices hit record highs at $X per tonne in 2014; however, from 2015 to 2019, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Denmark ($X per tonne), while the price for the Netherlands ($X per tonne) was amongst the lowest.
From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Denmark, while the prices for the other major suppliers experienced a decline.
Source: IndexBox AI Platform
Frequently Asked Questions (FAQ) :
What are the largest markets for skimmed milk in the world?+
The countries with the highest volumes of skimmed milk consumption in 2019 were the U.S. (1.5M tonnes), China (922K tonnes) and Brazil (735K tonnes), together accounting for 23% of global consumption.
What are the largest producers of skimmed milk in the world?+
The countries with the highest volumes of skimmed milk production in 2019 were the U.S. (2.2M tonnes), New Zealand (1.9M tonnes) and Germany (982K tonnes), with a combined 36% share of global production. France, Brazil, the Netherlands, Peru, Malaysia, Mexico, the UK, Belgium, Belarus and Australia lagged somewhat behind, together comprising a further 33%.
What are the leading suppliers of skimmed milk to Belgium?+
In value terms, the largest skimmed milk suppliers to Belgium were the Netherlands ($138M), Germany ($88M) and France ($87M), with a combined 67% share of total imports. The UK, Denmark and Ireland lagged somewhat behind, together comprising a further 25%.
What are the leading importers of skimmed milk from Belgium?+
In value terms, the Netherlands ($168M), France ($91M) and the UK ($74M) constituted the largest markets for skimmed milk exported from Belgium worldwide, together accounting for 33% of total exports. Indonesia, Algeria, the Philippines, Germany, Malaysia, Nigeria, Thailand, Italy, Saudi Arabia and Poland lagged somewhat behind, together comprising a further 40%.
What is the average export price for skimmed milk in Belgium?+
The average skimmed milk export price stood at $2,213 per tonne in 2019, surging by 7.1% against the previous year.
What is the average import price for skimmed milk in Belgium?+
The average skimmed milk import price stood at $1,968 per tonne in 2019, picking up by 52% against the previous year.
This report provides an in-depth analysis of the skimmed milk market in Belgium. 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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