On this page, we provide with two graphs giving a general overview of the dairy industry's world market, in terms of the major exporting countries'export volume.
Considering the sum of the following products:
- HS 0406 - Cheese,
- HS 0405 - Butter,
- HS 040210 - SMP (Skimmed Milk Powder),
- HS 040221+040229 - WMP (Whole Milk Powder 26%),
- HS 040110+040120 - Bulk and pack. milk,
- HS 040130+040140+040150 - Cream,
- HS 0403 - Yogurt,
- HS 040291+040299 - Condensed milk,
- HS 190110 - Infant milk formula,
- HS 0404 - Whey Powder,
- HS 350110 - Casein,
- HS 350190 - Caseinates,
the first graph compares the quantity (tonnes), which is then translated by the second graph as an amount in USD ($US values).
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The graphs are showed together with tables that clearly display both quantity and values, Area by Area. Data is updated on an annual basis since it is incorporated within a framework of rapid evolution.
Indeed, when viewed in their global context, the following are found to be changing rapidly:
the supply of products placed on the international market in relation to the development of domestic demand (population/GDP) and the quantities of milk production;
demand for the same products (in relation to the purchasing country's change);
the measures taken by individual countries (in relation to political and strategic choices, customs protection policies, etc.);
climatic conditions (drought, floods, etc.);
exogenous events that can affect the dynamics of demand and supply (from epidemics to the quest for alternative energy sources, lifestyle changes, etc.)
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Exports of HS 040210, 040221+040229, 0405, 0406, 040110+040120, 040130+040140+040150,0403, 040291+040299, 190110, 0404, 350110, 350190 * Quantities (Ton) - equivalent to 88% of Global Export |
Geographic Area |
AFRICA |
AMERICA - CENTRAL SOUTH AND THE CARIBBEAN |
ASIA |
ASIA - SOUTHEAST |
ASIA MIDDLE EAST |
EUROPE (Other - EXTRA EU-27) |
EUROPE - EU-27 |
NORTHERN AMERICA |
OCEANIA |
TOTAL |
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2021 |
Share |
348.610 |
2% |
1.022.679 |
5% |
382.766 |
2% |
1.647.925 |
8% |
959 |
0% |
3.101.573 |
14% |
7.832.999 |
37% |
2.670.146 |
12% |
4.418.914 |
21% |
21.426.570 |
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2022 |
Share |
265.737 |
1% |
1.018.978 |
5% |
343.361 |
2% |
1.586.023 |
8% |
1.114 |
0% |
2.013.513 |
10% |
7.249.324 |
37% |
2.825.342 |
15% |
4.121.879 |
21% |
19.425.270 |
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2023 |
Share |
290.721 |
2% |
968.062 |
5% |
231.315 |
1% |
1.709.623 |
9% |
847 |
0% |
1.693.727 |
9% |
7.222.457 |
38% |
2.570.073 |
14% |
4.086.567 |
22% |
18.773.392 |
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% 23 su 22 |
+9,40% |
-5,00% |
-32,63% |
+7,79% |
-23,95% |
-15,88% |
-0,37% |
-9,03% |
-0,86% |
-3,36% |
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Last update: 02-05-2024 * HS 040210: Skimmed Milk Powder (SMP)
HS 040221+040229: Whole Milk Powder 26% (WMP)
HS 0405: Butter
HS 0406: Cheese
HS 040110+040120: Bulk and pack. milk
HS 040130+040140+040150: Cream
HS 0403: Yogurt
HS 040291+040299: Condensed milk
HS 190110: Infant milk formula
HS 0404: Whey Powder
HS 350110: Casein
HS 350190: Caseinates
** data refers to export value divided by export volume (last year)
Source: IHS
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To find out which countries are among the reference geographical areas, click HERE
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Exports of HS 040210, 040221+040229, 0405, 0406, 040110+040120, 040130+040140+040150,0403, 040291+040299, 190110, 0404, 350110, 350190 * Values (US$) |
Geographic Area |
AFRICA |
AMERICA - CENTRAL SOUTH AND THE CARIBBEAN |
ASIA |
ASIA - SOUTHEAST |
ASIA MIDDLE EAST |
EUROPE (Other - EXTRA EU-27) |
EUROPE - EU-27 |
NORTHERN AMERICA |
OCEANIA |
TOTAL |
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2021 |
Share |
457.008.796 |
1% |
2.907.890.415 |
4% |
979.918.836 |
1% |
4.456.825.243 |
7% |
3.500.684 |
0% |
7.129.479.416 |
11% |
26.648.283.216 |
40% |
7.079.010.896 |
11% |
16.886.018.746 |
25% |
66.547.936.247 |
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2022 |
Share |
453.730.331 |
1% |
3.494.647.310 |
5% |
1.184.026.754 |
2% |
4.322.973.116 |
6% |
4.935.946 |
0% |
5.102.886.096 |
7% |
28.892.924.998 |
41% |
8.851.854.552 |
13% |
18.343.234.823 |
26% |
70.651.213.926 |
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2023 |
Share |
448.819.143 |
1% |
3.292.440.441 |
5% |
754.902.635 |
1% |
4.297.754.762 |
7% |
5.204.522 |
0% |
4.378.643.402 |
7% |
28.659.515.011 |
43% |
7.543.699.926 |
11% |
16.628.919.368 |
25% |
66.009.899.211 |
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% 23 su 22 |
US$ per tons ** |
-1,08% |
1.544 |
-5,79% |
3.401 |
-36,24% |
3.264 |
-0,58% |
2.514 |
+5,44% |
6.145 |
-14,19% |
2.585 |
-0,81% |
3.968 |
-14,78% |
2.935 |
-9,35% |
4.069 |
-6,57% |
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Last update: 02-05-2024 * HS 040210: Skimmed Milk Powder (SMP)
HS 040221+040229: Whole Milk Powder 26% (WMP)
HS 0405: Butter
HS 0406: Cheese
HS 040110+040120: Bulk and pack. milk
HS 040130+040140+040150: Cream
HS 0403: Yogurt
HS 040291+040299: Condensed milk
HS 190110: Infant milk formula
HS 0404: Whey Powder
HS 350110: Casein
HS 350190: Caseinates
** Data refers to export value divided by export volume (last year)
Source: IHS
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