Ireland: Skimmed Milk Market Overview 2021

Skimmed Milk Market Size in Ireland

The Irish skimmed milk market fell sharply to $X in 2019, waning by -X% against the previous year. Overall, consumption, however, recorded a noticeable downturn. The pace of growth appeared the most rapid in 2014 when the market value increased by X% against the previous year. As a result, consumption attained the peak level of $X. From 2015 to 2019, the growth of the market failed to regain the momentum.

Skimmed Milk Production in Ireland

In value terms, skimmed milk production contracted to $X in 2019 estimated in export prices. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Skimmed milk production peaked at $X in 2018, and then declined in the following year.

In 2019, the average yield of skimmed milk in Ireland amounted to X kg per head, almost unchanged from 2018. In general, the yield recorded a relatively flat trend pattern.

In 2019, approx. X head of animals slaughtered for skimmed milk production in Ireland; remaining constant against the year before. Over the period under review, the number of producing animals continues to indicate a relatively flat trend pattern.

Skimmed Milk Exports

Exports from Ireland

Skimmed milk exports from Ireland soared to X tonnes in 2019, increasing by X% on the previous year's figure. Overall, exports enjoyed prominent growth. The pace of growth appeared the most rapid in 2015 when exports increased by X% y-o-y. Exports peaked in 2019 and are likely to see gradual growth in the immediate term.

In value terms, skimmed milk exports reached $X in 2019. In general, total exports indicated a modest increase from 2007 to 2019: its value 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 2017 indices. The growth pace was the most rapid in 2010 when exports increased by X% against the previous year. Exports peaked in 2019 and are likely to see gradual growth in the near future.

Exports by Country

The Netherlands (X tonnes) was the main destination for skimmed milk exports from Ireland, accounting for a X% share of total exports. Moreover, skimmed milk exports to the Netherlands exceeded the volume sent to the second major destination, the UK (X tonnes), threefold. China (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume to the Netherlands totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-X% per year) and China (+X% per year).

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

From 2007 to 2019, the average annual rate of growth in terms of value to the Netherlands totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-X% per year) and China (+X% per year).

Export Prices by Country

In 2019, the average skimmed milk export price amounted to $X per tonne, waning by -X% against the previous year. In general, the export price saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2011 when the average export price increased by X% against the previous year. Over the period under review, average export prices attained the peak figure at $X per tonne in 2014; however, from 2015 to 2019, export prices failed to regain the momentum.

Average prices varied somewhat for the major export markets. In 2019, the countries with the highest prices were Italy ($X per tonne) and Germany ($X per tonne), while the average price for exports to the United Arab Emirates ($X per tonne) and Indonesia ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Egypt, while the prices for the other major destinations experienced a decline.

Skimmed Milk Imports

Imports into Ireland

Skimmed milk imports into Ireland rose significantly to X tonnes in 2019, surging by X% on 2018. Overall, imports recorded a strong expansion. The growth pace was the most rapid in 2012 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tonnes in 2015; however, from 2016 to 2019, imports failed to regain the momentum.

In value terms, skimmed milk imports rose remarkably to $X in 2019. Over the period under review, imports posted a remarkable increase. The pace of growth was the most pronounced in 2012 when imports increased by X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2019, imports failed to regain the momentum.

Imports by Country

In 2019, the UK (X tonnes) constituted the largest skimmed milk supplier to Ireland, with a X% share of total imports. Moreover, skimmed milk imports from the UK exceeded the figures recorded by the second-largest supplier, Germany (X tonnes), threefold. Denmark (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from the UK amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Denmark (+X% per year).

In value terms, Germany ($X), the UK ($X) and the United Arab Emirates ($X) appeared to be the largest skimmed milk suppliers to Ireland, with a combined X% share of total imports.

Among the main suppliers, the United Arab Emirates (+X% per year) recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average skimmed milk import price amounted to $X per tonne, stabilizing at the previous year. In general, the import price showed a drastic downturn. The pace of growth appeared the most rapid in 2013 when the average import price increased by X% against the previous year. The import price peaked at $X per tonne in 2008; however, from 2009 to 2019, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was the United Arab Emirates ($X per tonne), while the price for the UK ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by France, 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?

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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 comprising 23% of global consumption.

What are the largest producers of skimmed milk in the world?

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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. These countries were followed by France, Brazil, the Netherlands, Peru, Malaysia, Mexico, the UK, Belgium, Belarus and Australia, which together accounted for a further 33%.

What are the leading suppliers of skimmed milk to Ireland?

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In value terms, Germany ($28M), the UK ($28M) and the United Arab Emirates ($9.1M) constituted the largest skimmed milk suppliers to Ireland, together comprising 68% of total imports.

What are the leading importers of skimmed milk from Ireland?

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In value terms, the Netherlands ($155M) remains the key foreign market for skimmed milk exports from Ireland, comprising 27% of total exports. The second position in the ranking was occupied by the UK ($51M), with a 8.9% share of total exports. It was followed by China, with a 7.6% share.

What is the average export price for skimmed milk in Ireland?

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The average skimmed milk export price stood at $2,495 per tonne in 2019, with a decrease of -14.5% against the previous year.

What is the average import price for skimmed milk in Ireland?

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In 2019, the average skimmed milk import price amounted to $1,644 per tonne, flattening at the previous year.