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World - Dried Milk - Market Analysis, Forecast, Size, Trends and Insights
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Global Powdered Milk Market 2022

Powdered Milk Market Size

For the third year in a row, the global powdered milk market recorded growth in sales value, which increased by X% to $X in 2021. The market value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the global market remained at a lower figure.

Powdered Milk Production

In value terms, powdered milk production declined modestly to $X in 2021 estimated in export price. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X%. Global production peaked at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

The countries with the highest volumes of in 2021 were New Zealand (X tons), the United States (X tons) and France (X tons), with a combined X% share of global production. These countries were followed by Germany, Brazil, India, the Netherlands, Poland, Australia, Argentina, Belgium, Ireland and Uruguay, which together accounted for a further X 2012 to 2021, the biggest increases were in Ireland (with a CAGR of +X%), while production for the other global leaders experienced more modest paces of growth.

Powdered Milk Exports

Exports

Global powdered milk exports stood at X tons in 2021, increasing by X% against the previous year's figure. The total export volume increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, the global exports reached the peak figure in 2021 and are likely to see gradual growth in years to come.

In value terms, powdered milk exports skyrocketed to $X in 2021. Overall, total exports indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2013 when exports increased by X%. The global exports peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

New Zealand was the main exporter of powdered milk in the world, with the volume of exports finishing at X tons, which was near X% of total exports in 2021. The United States (X tons) ranks second in terms of the total exports with a X% share, followed by Germany (X%), France (X%) and the Netherlands (X%). The following exporters - Belgium (X tons), Australia (X tons), Ireland (X tons), Belarus (X tons), Uruguay (X tons), Argentina (X tons) and Poland (X tons) - together made up X% of total exports.

From 2012 to 2021, average annual rates of growth with regard to powdered milk exports from New Zealand stood at +X%. At the same time, Ireland (+X%), the United States (+X%), Uruguay (+X%), Belarus (+X%), Poland (+X%), the Netherlands (+X%), France (+X%) and Germany (+X%) displayed positive paces of growth. Moreover, Ireland emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2012-2021. Belgium experienced a relatively flat trend pattern. By contrast, Australia (-X%) and Argentina (-X%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the United States and Ireland increased by +X and +X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, New Zealand ($X) remains the largest powdered milk supplier worldwide, comprising X% of global exports. The second position in the ranking was taken by the United States ($X), with a X% share of global exports. It was followed by Germany, with a X% share.

In New Zealand, powdered milk exports expanded at an average annual rate of +X% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: the United States (+X% per year) and Germany (+X% per year).

Export Prices by Country

The average powdered milk export price stood at $X per ton in 2021, with an increase of X% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the the average export prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2021, major exporting countries recorded the following prices: in Australia ($X per ton) and the Netherlands ($X per ton), while the United States ($X per ton) and Belarus ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+X%), while the other global leaders experienced more modest paces of growth.

Powdered Milk Imports

Imports

In 2021, the amount of powdered milk imported worldwide reached X tons, flattening at 2020 figures. The total import volume increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2014 with an increase of X%. Global imports peaked in 2021 and are likely to see steady growth in the immediate term.

In value terms, powdered milk imports rose rapidly to $X in 2021. The total import value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of X%. Global imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons), distantly followed by Algeria (X tons) represented the major importers of powdered milk, together making up X% of total imports. The following importers - Venezuela (X tons), Indonesia (X tons), the Netherlands (X tons), the Philippines (X tons), Mexico (X tons), Malaysia (X tons), Saudi Arabia (X tons), Belgium (X tons), Vietnam (X tons), the United Arab Emirates (X tons) and Nigeria (X tons) - together made up X% of total imports.

China was also the fastest-growing in terms of the powdered milk imports, with a CAGR of +X% from 2012 to 2021. At the same time, Venezuela (+X%), Indonesia (+X%), the Philippines (+X%), Vietnam (+X%), the Netherlands (+X%), Nigeria (+X%), Algeria (+X%) and Belgium (+X%) displayed positive paces of growth. Malaysia and Saudi Arabia experienced a relatively flat trend pattern. By contrast, the United Arab Emirates (-X%) and Mexico (-X%) illustrated a downward trend over the same period. percentage points. Mexico (-X p.p.) saw their shares reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported powdered milk worldwide, comprising X% of global imports. The second position in the ranking was held by Venezuela ($X), with a X% share of global imports. It was followed by Algeria, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value in China stood at +X%. The remaining importing countries recorded the following average annual rates of imports growth: Venezuela (+X% per year) and Algeria (-X% per year).

Import Prices by Country

The average powdered milk import price stood at $X per ton in 2021, picking up by X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Venezuela ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Venezuela (+X%), while the other global leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for powdered, evaporated and condensed milk in the world?
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The countries with the highest volumes of consumption in 2021 were the United States, China and Brazil, with a combined 21% share of global consumption. These countries were followed by France, Germany, Mexico, Peru, the Netherlands, Malaysia, Russia, Algeria, Venezuela and Indonesia, which together accounted for a further 31%.
What are the largest producers of powdered, evaporated and condensed milk in the world?
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The countries with the highest volumes of production in 2021 were New Zealand, the United States and Germany, together comprising 38% of global production. France, Brazil, the Netherlands, Peru, Mexico, Belarus, Malaysia, the UK, Belgium and India lagged somewhat behind, together comprising a further 33%.
What are the leading exporters of powdered, evaporated and condensed milk in the world?
+
In value terms, New Zealand remains the largest powdered, evaporated and condensed milk supplier worldwide, comprising 30% of global exports. The second position in the ranking was held by the United States, with an 11% share of global exports. It was followed by the Netherlands, with a 7.3% share.
What are the leading importers of powdered, evaporated and condensed milk in the world?
+
In value terms, China constitutes the largest market for imported powdered, evaporated and condensed milk worldwide, comprising 14% of global imports. The second position in the ranking was taken by Venezuela, with a 6.4% share of global imports. It was followed by Algeria, with a 4.5% share.
What is the average export price for powdered, evaporated and condensed milk in the world?
+
In 2021, the average export price for powdered, evaporated and condensed milk amounted to $2,773 per ton, with an increase of 8.3% against the previous year.
What is the average import price for powdered, evaporated and condensed milk in the world?
+
In 2021, the average import price for powdered, evaporated and condensed milk amounted to $2,826 per ton, rising by 4.9% against the previous year.

This report provides an in-depth analysis of the global powdered milk market. 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 2030.


Product coverage:
• FCL 897 - Dry Whole Cow Milk
• FCL 898 - Dry Skim Cow Milk

Data coverage:
• Global market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Global production, split by region and country
• Global trade (exports and imports)
• 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

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
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
TOP EXPORTING COUNTRIES
5.4
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. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2021
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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption, By Country, 2015–2021
Table 5:
Production, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Physical Terms, By Country, 2012–2021
Table 7:
Imports, In Value Terms, By Country, 2012–2021
Table 8:
Import Prices, By Country Of Destination, 2012–2021
Table 9:
Exports, In Physical Terms, By Country, 2012–2021
Table 10:
Exports, In Value Terms, By Country, 2012–2021
Table 11:
Export Prices, By Country Of Origin, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Consumption, By Country, 2021
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2021
Figure 17:
Production, In Value Terms, 2012–2021
Figure 18:
Production, By Country, 2021
Figure 19:
Production, In Physical Terms, By Country, 2012–2021
Figure 20:
Imports, In Physical Terms, 2012–2021
Figure 21:
Imports, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, By Country, 2021
Figure 23:
Imports, In Physical Terms, By Country, 2012–2021
Figure 24:
Imports, In Value Terms, By Country, 2012–2021
Figure 25:
Import Prices, By Country, 2012–2021
Figure 26:
Exports, In Physical Terms, 2012–2021
Figure 27:
Exports, In Value Terms, 2012–2021
Figure 28:
Exports, In Physical Terms, By Country, 2021
Figure 29:
Exports, In Physical Terms, By Country, 2012–2021
Figure 30:
Exports, In Value Terms, By Country, 2012–2021
Figure 31:
Export Prices, 2012–2021
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