U.S.: Whole Fresh Milk Market 2023

Whole Fresh Milk Market Size in the U.S.

The U.S. whole fresh milk market totaled $X in 2022, picking up by X% against the previous year. Overall, the total consumption indicated a notable 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 decreased by X% against 2020 indices. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Whole Fresh Milk Production in the U.S.

In value terms, whole fresh milk production expanded rapidly to $X in 2022. In general, production, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Whole Fresh Milk Exports

Exports from the U.S.

Whole fresh milk exports from the United States reduced to X tons in 2022, which is down by X% compared with 2021. Overall, total exports indicated a pronounced increase from 2012 to 2022: its volume 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, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, the exports attained the peak figure at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, whole fresh milk exports stood at $X in 2022. Over the period under review, exports, however, showed a prominent increase. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Taiwan (Chinese) (X tons), Canada (X tons) and Mexico (X tons) were the main destinations of whole fresh milk exports from the United States, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Taiwan (Chinese) (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for whole fresh milk exported from the United States were Taiwan (Chinese) ($X), Canada ($X) and Mexico ($X), together accounting for X% of total exports.

In terms of the main countries of destination, Taiwan (Chinese), with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average whole fresh milk export price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the export price enjoyed a strong increase. The most prominent rate of growth was recorded in 2020 an increase of X%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per ton), while the average price for exports to Canada ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (X%), while the prices for the other major destinations experienced more modest paces of growth.

Whole Fresh Milk Imports

Imports into the U.S.

In 2022, overseas purchases of whole fresh milk decreased by X% to X tons, falling for the second consecutive year after two years of growth. In general, imports, however, recorded a buoyant increase. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, whole fresh milk imports contracted to $X in 2022. Over the period under review, imports, however, posted a remarkable 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 2021, and then reduced in the following year.

Imports by Country

Mexico (X tons), Canada (X tons) and Poland (X tons) were the main suppliers of whole fresh milk imports to the United States, together comprising X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Canada ($X) constituted the largest supplier of whole fresh milk to the United States, comprising X% of total imports. The second position in the ranking was held by Mexico ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Canada amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (X% per year) and Poland (X% per year).

Import Prices by Country

In 2022, the average whole fresh milk import price amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the import price, however, saw strong growth. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The import price peaked at $X per ton in 2021, and then contracted modestly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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