Benelux: Skim Milk Market 2024

Skim Milk Market Size in Benelux

The Benelux skim milk market shrank modestly to $X in 2022, with a decrease of X% against the previous year. The total consumption indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2012 indices. Over the period under review, the market hit record highs at $X in 2021, and then reduced slightly in the following year.

Skim Milk Production in Benelux

In value terms, skim milk production reduced slightly to $X in 2022 estimated in export price. Overall, production, however, showed a prominent increase. The most prominent rate of growth was recorded in 2014 with an increase of X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

The countries with the highest volumes of production in 2022 were the Netherlands (X tons) and Belgium (X tons).

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the key producing countries, was attained by the Netherlands (with a CAGR of X%).

Skim Milk Exports

Exports in Benelux

In 2022, overseas shipments of skim milk were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. In general, exports posted modest growth. The pace of growth appeared the most rapid in 2013 with an increase of X%. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, skim milk exports contracted dramatically to $X in 2022. Overall, exports showed mild growth. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, the Netherlands (X tons) was the major exporter of skim milk, creating X% of total exports. It was distantly followed by Belgium (X tons), constituting a X% share of total exports. Luxembourg (X tons) took a relatively small share of total exports.

Exports from the Netherlands increased at an average annual rate of X% from 2012 to 2022. At the same time, Luxembourg (X%) displayed positive paces of growth. Moreover, Luxembourg emerged as the fastest-growing exporter exported in Benelux, with a CAGR of X% from 2012-2022. By contrast, Belgium (X%) illustrated a downward trend over the same period. While the share of the Netherlands (X p.p.) and Luxembourg (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Belgium (X p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) remains the largest skim milk supplier in Benelux, comprising X% of total exports. The second position in the ranking was taken by Belgium ($X), with a X% share of total exports.

In the Netherlands, skim milk exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Belgium (X% per year) and Luxembourg (X% per year).

Export Prices by Country

The export price in Benelux stood at $X per ton in 2022, falling by X% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while Luxembourg ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the other leaders experienced a decline in the export price figures.

Skim Milk Imports

Imports in Benelux

In 2022, overseas purchases of skim milk decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, saw noticeable growth. The growth pace was the most rapid in 2016 with an increase of X%. The volume of import peaked at X tons in 2021, and then dropped remarkably in the following year.

In value terms, skim milk imports contracted dramatically to $X in 2022. In general, imports, however, enjoyed buoyant growth. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then dropped markedly in the following year.

Imports by Country

Belgium represented the main importer of skim milk in Benelux, with the volume of imports accounting for X tons, which was near X% of total imports in 2022. It was distantly followed by the Netherlands (X tons), achieving a X% share of total imports.

Belgium was also the fastest-growing in terms of the skim milk imports, with a CAGR of X% from 2012 to 2022. The Netherlands (X%) illustrated a downward trend over the same period. Belgium (X p.p.) significantly strengthened its position in terms of the total imports, while the Netherlands saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Belgium ($X) and the Netherlands ($X) were the countries with the highest levels of imports in 2022.

Among the main importing countries, Belgium, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per ton, shrinking by X% against the previous year. Overall, the import price, however, enjoyed a strong expansion. The pace of growth appeared the most rapid in 2018 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Belgium stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%).

Source: IndexBox Platform

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