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World - Milk - Market Analysis, Forecast, Size, Trends and Insights
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Global Milk Market Overview 2021

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Milk Market Size

In 2019, the global milk market decreased by -X% to $X for the first time since 2016, thus ending a two-year rising trend. The market value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2008 with an increase of X% y-o-y. Over the period under review, the global market reached the maximum level at $X in 2018, and then dropped slightly in the following year.

Milk Production

In value terms, milk production contracted to $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2008 when the production volume increased by X% against the previous year. Global production peaked at $X in 2018, and then contracted slightly in the following year.

The countries with the highest volumes of milk production in 2019 were India (X tonnes), the U.S. (X tonnes) and Pakistan (X tonnes), with a combined X% share of global production. These countries were followed by Germany, Brazil, China, Russia, France, Turkey, New Zealand, Colombia, the UK and Poland, which together accounted for a further X 2007 to 2019, the most notable rate of growth in terms of milk production, amongst the key producing countries, was attained by Colombia, while milk production for the other global leaders experienced more modest paces of growth.

In 2019, the global average milk yield amounted to X tonnes per head, flattening at 2018. In general, the yield continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X% y-o-y. The global yield peaked in 2019 and is expected to retain growth in years to come.

In 2019, global number of number of animals for milk production amounted to X heads, approximately mirroring 2018. This number increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2009 with an increase of X% against the previous year. The global producing animals peaked in 2019 and is expected to retain growth in the immediate term.

Production By Country

The countries with the highest volumes of milk production in 2019 were India (X tonnes), the U.S. (X tonnes) and Pakistan (X tonnes), with a combined X% share of global production. These countries were followed by Germany, Brazil, China, Russia, France, Turkey, New Zealand, Colombia, the UK and Poland, which together accounted for a further X 2007 to 2019, the most notable rate of growth in terms of milk production, amongst the key producing countries, was attained by Colombia, while milk production for the other global leaders experienced more modest paces of growth.

Milk Exports

Exports

In 2019, the amount of milk exported worldwide expanded slightly to X tonnes, picking up by X% against the year before. The total export volume increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2008 when exports increased by X% against the previous year. Over the period under review, global exports hit record highs in 2019 and are expected to retain growth in the immediate term.

In value terms, milk exports declined slightly to $X in 2019. The total export value increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, global exports hit record highs at $X in 2014; however, from 2015 to 2019, exports stood at a somewhat lower figure.

Exports by Country

In 2019, Germany (X tonnes), distantly followed by France (X tonnes), Belgium (X tonnes), the Czech Republic (X tonnes), the Netherlands (X tonnes), the UK (X tonnes), Poland (X tonnes) and Austria (X tonnes) represented the key exporters of milk, together making up X% of total exports. The following exporters - New Zealand (X tonnes), Latvia (X tonnes), Denmark (X tonnes), Saudi Arabia (X tonnes) and Slovenia (X tonnes) - together made up X% of total exports.

Germany experienced a relatively flat trend pattern with regard to volume of exports of milk. At the same time, Poland (+X%), New Zealand (+X%), Saudi Arabia (+X%), Latvia (+X%), the UK (+X%), the Netherlands (+X%), the Czech Republic (+X%), Slovenia (+X%), Denmark (+X%) and Belgium (+X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2007-2019. Austria experienced a relatively flat trend pattern. By contrast, France (-X%) illustrated a downward trend over the same period. Poland (+X p.p.), New Zealand (+X p.p.) and Saudi Arabia (+X p.p.) significantly strengthened its position in terms of the global exports, while Austria, France and Germany saw its share reduced by -X%, -X% and -X% from 2007 to 2019, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X), the Netherlands ($X) and Belgium ($X) constituted the countries with the highest levels of exports in 2019, together comprising X% of global exports. France, New Zealand, Poland, the UK, the Czech Republic, Austria, Saudi Arabia, Denmark, Slovenia and Latvia lagged somewhat behind, together accounting for a further X Zealand saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the average milk export price amounted to $X per tonne, waning by -X% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% y-o-y. Over the period under review, average export prices hit record highs at $X per tonne in 2013; however, from 2014 to 2019, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was New Zealand ($X per tonne), while Latvia ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by New Zealand, while the other global leaders experienced more modest paces of growth.

Milk Imports

Imports

In 2019, purchases abroad of milk decreased by -X% to X tonnes, falling for the second year in a row after five years of growth. The total import volume increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2008 when imports increased by X% y-o-y. Over the period under review, global imports hit record highs at X tonnes in 2017; however, from 2018 to 2019, imports failed to regain the momentum.

In value terms, milk imports declined to $X in 2019. The total import value increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when imports increased by X% year-to-year. Global imports peaked at $X in 2018, and then fell in the following year.

Imports by Country

The countries with the highest levels of milk imports in 2019 were Germany (X tonnes), Italy (X tonnes), Belgium (X tonnes), the Netherlands (X tonnes), China (X tonnes), Ireland (X tonnes), Lithuania (X tonnes), France (X tonnes), Russia (X tonnes), Poland (X tonnes), Croatia (X tonnes) and Romania (X tonnes), together reaching X% of total import.

From 2007 to 2019, the biggest increases were in China, while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the largest milk importing markets worldwide were Germany ($X), Belgium ($X) and China ($X), with a combined X% share of global imports.

In terms of the main importing countries, China saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average milk import price amounted to $X per tonne, reducing 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 appeared the most rapid in 2017 an increase of X% year-to-year. Over the period under review, average import prices hit record highs at $X per tonne in 2013; however, from 2014 to 2019, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was France ($X per tonne), while Lithuania ($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 other global leaders experienced more modest paces of growth.

Source: IndexBox AI 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 2019 were India (190M tonnes), the U.S. (117M tonnes) and Pakistan (56M tonnes), together accounting for 36% of global consumption. Germany, China, Brazil, Russia, France, Turkey, New Zealand, Colombia, the UK and the Netherlands 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 2019 were India (190M tonnes), the U.S. (117M tonnes) and Pakistan (56M tonnes), together comprising 36% of global production. These countries were followed by Germany, Brazil, China, Russia, France, Turkey, New Zealand, Colombia, the UK and Poland, which together accounted for a further 31%.
What are the leading exporters of milk in the world?
+
In value terms, the largest milk supplying countries worldwide were Germany ($1.5B), the Netherlands ($835M) and Belgium ($826M), with a combined 34% share of global exports. France, New Zealand, Poland, the UK, the Czech Republic, Austria, Saudi Arabia, Denmark, Slovenia and Latvia lagged somewhat behind, together comprising a further 40%.
What are the leading importers of milk in the world?
+
In value terms, the largest milk importing markets worldwide were Germany ($1.3B), Belgium ($942M) and China ($917M), with a combined 35% share of global imports.
What is the average export price for milk in the world?
+
In 2019, the average milk export price amounted to $705 per tonne, dropping by -5.9% against the previous year.
What is the average import price for milk in the world?
+
In 2019, the average milk import price amounted to $718 per tonne, reducing 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 global 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 2025.



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

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
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
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. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
PRODUCING ANIMALS AND YIELD BY COUNTRY
8. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2019
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 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption, By Country, 2015–2019
Table 5:
Production, In Physical Terms, By Country, 2007–2019
Table 6:
Producing Animals, By Country, 2007–2019
Table 7:
Yield, By Country, 2007–2019
Table 8:
Imports, In Physical Terms, By Country, 2007–2019
Table 9:
Imports, In Value Terms, By Country, 2007–2019
Table 10:
Import Prices, By Country Of Destination, 2007–2019
Table 11:
Exports, In Physical Terms, By Country, 2007–2019
Table 12:
Exports, In Value Terms, By Country, 2007–2019
Table 13:
Export Prices, By Country Of Origin, 2007–2019
Table 14:
Producer Prices, By Major Producing Country, 2019
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Consumption, By Country, 2019
Figure 4:
Market Forecast To 2025
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:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2007–2019
Figure 18:
Production, In Value Terms, 2007–2019
Figure 19:
Producing Animals, 2007–2019
Figure 20:
Yield, 2007–2019
Figure 21:
Production, By Country, 2019
Figure 22:
Production, In Physical Terms, By Country, 2007–2019
Figure 23:
Producing Animals, By Country, 2019
Figure 24:
Producing Animals, By Country, 2007–2019
Figure 25:
Yield, By Country, 2007–2019
Figure 26:
Imports, In Physical Terms, 2007–2019
Figure 27:
Imports, In Value Terms, 2007–2019
Figure 28:
Imports, In Physical Terms, By Country, 2019
Figure 29:
Imports, In Physical Terms, By Country, 2007–2019
Figure 30:
Imports, In Value Terms, By Country, 2007–2019
Figure 31:
Import Prices, By Country, 2007–2019
Figure 32:
Exports, In Physical Terms, 2007–2019
Figure 33:
Exports, In Value Terms, 2007–2019
Figure 34:
Exports, In Physical Terms, By Country, 2019
Figure 35:
Exports, In Physical Terms, By Country, 2007–2019
Figure 36:
Exports, In Value Terms, By Country, 2007–2019
Figure 37:
Export Prices, 2007–2019

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