Latest Report Update: Aug 12, 2021

Ireland - Milk - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service, Privacy Policy and Licenses. We'll occasionally send you account related emails.

Ireland: Milk Market Overview 2021

Milk Market Size in Ireland

In 2020, the Irish milk market decreased by -X% to $X, falling for the second consecutive year after two years of growth. Overall, the total consumption indicated tangible growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Milk consumption peaked at $X in 2018; however, from 2019 to 2020, consumption stood at a somewhat lower figure.

Milk Production in Ireland

In value terms, milk production reduced modestly to $X in 2020 estimated in export prices. Over the period under review, the total production indicated a modest increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% y-o-y. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2020, production remained at a lower figure.

The average yield of milk in Ireland totaled X kg per head in 2020, almost unchanged from the previous year's figure. Over the period under review, the yield recorded a relatively flat trend pattern.

The number of animals for milk production in Ireland stood at X head in 2020, stabilizing at 2019 figures. Overall, the number of producing animals continues to indicate a relatively flat trend pattern.

Milk Exports

Exports from Ireland

In 2020, overseas shipments of milk decreased by -X% to X tonnes, falling for the second consecutive year after two years of growth. In general, exports, however, showed strong growth. The most prominent rate of growth was recorded in 2009 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at X tonnes in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

In value terms, milk exports contracted to $X in 2020. Over the period under review, exports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2009 with an increase of X% y-o-y. Exports peaked at $X in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

Exports by Country

The UK (X tonnes) was the main destination for milk exports from Ireland, accounting for a X% share of total exports. Moreover, milk exports to the UK exceeded the volume sent to the second major destination, China (X tonnes), more than tenfold.

From 2007 to 2020, the average annual rate of growth in terms of volume to the UK totaled +X%.

In value terms, the UK ($X) remains the key foreign market for milk exports from Ireland, comprising X% of total exports. The second position in the ranking was occupied by China ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value to the UK totaled +X%.

Export Prices by Country

In 2020, the average milk export price amounted to $X per tonne, falling by -X% against the previous year. Overall, the export price saw a mild downturn. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% year-to-year. Over the period under review, average export prices attained the maximum at $X per tonne in 2007; however, from 2008 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was China ($X per tonne), while the average price for exports to the UK totaled $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to China.

Milk Imports

Imports into Ireland

In 2020, purchases abroad of milk decreased by -X% to X tonnes, falling for the second consecutive year after three years of growth. Overall, imports, however, posted buoyant growth. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. Imports peaked at X tonnes in 2018; however, from 2019 to 2020, imports remained at a lower figure.

In value terms, milk imports fell to $X in 2020. In general, imports, however, showed a moderate increase. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, the UK (X tonnes) was the main milk supplier to Ireland, accounting for a approx. X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of volume from the UK stood at +X%.

In value terms, the UK ($X) constituted the largest supplier of milk to Ireland.

From 2007 to 2020, the average annual growth rate of value from the UK amounted to +X%.

Import Prices by Country

In 2020, the average milk import price amounted to $X per tonne, which is down by -X% against the previous year. Overall, the import price showed a noticeable contraction. The pace of growth appeared the most rapid in 2017 an increase of X% y-o-y. Over the period under review, average import prices reached the peak figure at $X per tonne in 2013; however, from 2014 to 2020, import prices failed to regain the momentum.

As there is only one major supplying country, the average price level is determined by prices for the UK.

From 2007 to 2020, the rate of growth in terms of prices for the UK amounted to -X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for milk in the world?
+
The countries with the highest volumes of milk consumption in 2020 were India (200M tonnes), the U.S. (118M tonnes) and Pakistan (59M tonnes), with a combined 36% share of global consumption. Germany, Brazil, China, Russia, France, New Zealand, Turkey, Colombia, the Netherlands and the UK lagged somewhat behind, together accounting for a further 31%.
What are the largest producers of milk in the world?
+
The countries with the highest volumes of milk production in 2020 were India (200M tonnes), the U.S. (118M tonnes) and Pakistan (59M tonnes), together accounting for 36% of global production. Germany, Brazil, Russia, China, France, New Zealand, Turkey, Colombia, the UK and Poland lagged somewhat behind, together accounting for a further 31%.
What are the leading suppliers of milk to Ireland?
+
In value terms, the UK ($249M) constituted the largest supplier of milk to Ireland.
What are the leading importers of milk from Ireland?
+
In value terms, the UK ($103M) remains the key foreign market for milk exports from Ireland, comprising 78% of total exports. The second position in the ranking was occupied by China ($24M), with a 18% share of total exports.
What is the average export price for milk in Ireland?
+
In 2020, the average milk export price amounted to $679 per tonne, falling by -8.1% against the previous year.
What is the average import price for milk in Ireland?
+
The average milk import price stood at $387 per tonne in 2020, dropping by -3% 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
• FCL 888 - Skim Milk of Cows

This report provides an in-depth analysis of the milk market in Ireland. 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:

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Ireland
• 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
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
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, PRODUCING ANIMALS AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

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

The Largest Destinations for Exports

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

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 In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Producing Animals Slaughtered, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020

Webinar: Global Cement Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global cement market.



Thursday, September 23rd, 2021 @ 04:00 pm ET


Register

Webinar: Global Lithium Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global lithium carbonate market.



Thursday, September 30th, 2021 @ 04:00 pm ET


Register

Webinar: Global Recovered Paper Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global recovered paper market.



Thursday, October 7th, 2021 @ 04:00 pm ET


Register
Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data