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SMP: World balance Sheet
This page contains the balance sheet data for the main dairy products, including
butter, skimmed milk powder (SMP), whole milk powder (WMP), cheese, and fresh milk.
The information includes quantities produced, opening and closing stocks, domestic consumption,
as well as imports, exports, supply and demand.
The data offers a global overview and can be analyzed by geographic area, with the
possibility of examine in depth the individual countries that compose them.
To support the analysis, the page features thematic graphs that complement and facilitate the
understanding of market dynamics.
|
Main World Players SMP Balance Sheet |
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|---|---|---|---|---|---|---|
| Tons x 1000 | 2016 | 2025 | % 2025 from 2016 |
2026 ( f ) | 2035 ( f ) | % 2035 from 2026 |
| Production | 4.556 | 5.052 | +10.89%= | 5.143 | 6.080 | +18.22%= |
| EUROPE | ||||||
| EU-27 | 1.491 | 1.425 | -4.38% | 1.417 | 1.485 | +4.84% |
| Russia | 64 | 111 | +74.25% | 111 | 121 | +9.43% |
| Ukraine | 123 | 57 | -53.73% | 53 | 42 | -20.59% |
| United Kingdom | 40 | 50 | +23.38% | 52 | 52 | -0.77% |
| Switzerland | 27 | 23 | -14.89% | 22 | 21 | -4.01% |
| Norway | 19 | 18 | -3.03% | 18 | 18 | +0.26% |
| NORTH AMERICA | ||||||
| United States | 1.053 | 999 | -5.14% | 1.067 | 1.495 | +40.12% |
| Canada | 103 | 99 | -3.44% | 102 | 107 | +4.34% |
| ASIA | ||||||
| India | 243 | 666 | +174.27% | 693 | 993 | +43.23% |
| Japan | 128 | 153 | +19.64% | 152 | 149 | -1.67% |
| Iran | 18 | 117 | +549.38% | 118 | 135 | +14.65% |
| China | 40 | 56 | +40.00% | 58 | 66 | +14.13% |
| Turkey | 56 | 51 | -8.17% | 53 | 65 | +23.46% |
| South Korea | 37 | 34 | -8.59% | 34 | 31 | -9.56% |
| Israel | 5 | 6 | +11.97% | 6 | 6 | +9.18% |
| Kazakhstan | 1 | 1 | +77.85% | 1 | 1 | +32.81% |
| OCEANIA | ||||||
| New Zealand | 476 | 464 | -2.50% | 468 | 487 | +4.23% |
| Australia | 222 | 168 | -24.36% | 166 | 143 | -13.72% |
| AMERICA - CENTER-SOUTH AND CARIBBEAN | ||||||
| Brazil | 153 | 165 | +7.84% | 166 | 230 | +38.11% |
| Mexico | 42 | 52 | +24.18% | 51 | 52 | +2.82% |
| Argentina | 34 | 41 | +19.66% | 42 | 46 | +9.75% |
| Chile | 27 | 14 | -46.00% | 13 | 13 | -3.78% |
| AFRICA | ||||||
| South Africa | 3 | 16 | +363.56% | 16 | 18 | +11.08% |
| Import | 2.321 | 2.660 | +14.60%= | 2.738 | 3.244 | +18.49%= |
| ASIA | ||||||
| China | 184 | 230 | +24.75% | 235 | 292 | +24.46% |
| Indonesia | 159 | 193 | +21.27% | 196 | 225 | +14.60% |
| Philippines | 179 | 178 | -0.72% | 184 | 238 | +29.09% |
| Saudi Arabia | 60 | 143 | +136.59% | 143 | 147 | +2.39% |
| Malaysia | 135 | 116 | -14.33% | 118 | 133 | +13.12% |
| Vietnam | 78 | 107 | +37.25% | 111 | 141 | +27.23% |
| Thailand | 58 | 68 | +16.25% | 69 | 74 | +8.56% |
| Japan | 34 | 28 | -16.90% | 28 | 28 | -1.03% |
| Pakistan | 40 | 18 | -55.76% | 19 | 24 | +26.20% |
| Iran | 5 | 11 | +143.66% | 11 | 11 | 0.00% |
| South Korea | 21 | 11 | -47.38% | 11 | 16 | +36.35% |
| Israel | 4 | 6 | +47.39% | 6 | 7 | +13.26% |
| Turkey | 1 | 2 | +73.60% | 2 | 2 | 0.00% |
| Kazakhstan | 16 | 1 | -93.11% | 1 | 1 | +0.63% |
| India | 0 | 0 | +113.10% | 1 | 1 | 0.00% |
| AMERICA - CENTER-SOUTH AND CARIBBEAN | ||||||
| Mexico | 297 | 303 | +2.04% | 328 | 399 | +21.93% |
| Brazil | 35 | 50 | +41.68% | 50 | 50 | 0.00% |
| Colombia | 12 | 29 | +144.18% | 29 | 32 | +9.81% |
| Peru | 22 | 28 | +30.63% | 29 | 35 | +20.26% |
| Chile | 12 | 6 | -50.34% | 7 | 9 | +25.09% |
| Paraguay | 0 | 1 | +206.90% | 1 | 1 | +0.00% |
| AFRICA | ||||||
| Egypt | 84 | 84 | -0.31% | 86 | 105 | +22.51% |
| Nigeria | 34 | 54 | +55.58% | 55 | 72 | +31.30% |
| South Africa | 7 | 6 | -8.04% | 6 | 6 | 0.00% |
| Ethiopia | 0 | 3 | > +1000.00% | 3 | 5 | +37.29% |
| EUROPE | ||||||
| Russia | 136 | 56 | -58.88% | 57 | 56 | -2.23% |
| EU-27 | 44 | 41 | -6.91% | 41 | 41 | +0.90% |
| United Kingdom | 39 | 14 | -64.59% | 13 | 12 | -3.13% |
| Ukraine | 0 | 1 | +575.34% | 1 | 1 | +27.48% |
| Norway | 0 | 1 | +162.50% | 1 | 1 | -3.31% |
| Switzerland | 0 | 1 | +856.38% | 1 | 1 | +0.66% |
| OCEANIA | ||||||
| Australia | 8 | 13 | +72.73% | 13 | 13 | 0.00% |
| New Zealand | 4 | 6 | +56.06% | 5 | 5 | 0.00% |
| NORTH AMERICA | ||||||
| United States | 1 | 2 | +285.17% | 2 | 2 | 0.00% |
| Canada | 4 | 2 | -42.62% | 2 | 2 | 0.00% |
| Initial Stocks | 575 | 515 | -10.56%= | 515 | 514 | -0.15%= |
| NORTH AMERICA | ||||||
| United States | 286 | 286 | 0.00% | 286 | 286 | -0.03% |
| Canada | 57 | 31 | -45.25% | 31 | 30 | -2.23% |
| AMERICA - CENTER-SOUTH AND CARIBBEAN | ||||||
| Mexico | 55 | 55 | 0.00% | 55 | 55 | 0.00% |
| Argentina | 7 | 7 | 0.00% | 7 | 7 | 0.00% |
| Chile | 1 | 1 | 0.00% | 1 | 1 | 0.00% |
| OCEANIA | ||||||
| Australia | 54 | 57 | +6.17% | 57 | 57 | 0.00% |
| ASIA | ||||||
| Japan | 56 | 50 | -10.51% | 50 | 50 | 0.00% |
| South Korea | 5 | 5 | 0.00% | 5 | 5 | 0.00% |
| EUROPE | ||||||
| United Kingdom | 45 | 15 | -66.67% | 15 | 15 | 0.00% |
| Switzerland | 6 | 3 | -43.24% | 3 | 3 | 0.00% |
| Ukraine | 1 | 1 | 0.00% | 1 | 1 | 0.00% |
| TOTAL OFFERT | 7.453 | 8.227 | +10.39%= | 8.396 | 9.838 | +17.18%= |
| ASIA | ||||||
| India | 243 | 666 | +174.22% | 694 | 994 | +43.17% |
| China | 224 | 286 | +27.47% | 293 | 359 | +22.41% |
| Japan | 218 | 231 | +6.15% | 231 | 228 | -1.23% |
| Indonesia | 159 | 193 | +21.27% | 196 | 225 | +14.60% |
| Philippines | 179 | 178 | -0.72% | 184 | 238 | +29.09% |
| Saudi Arabia | 60 | 143 | +136.59% | 143 | 147 | +2.39% |
| Iran | 23 | 128 | +467.19% | 129 | 146 | +13.39% |
| Malaysia | 135 | 116 | -14.33% | 118 | 133 | +13.12% |
| Vietnam | 78 | 107 | +37.25% | 111 | 141 | +27.23% |
| Thailand | 58 | 68 | +16.25% | 69 | 74 | +8.56% |
| Turkey | 57 | 53 | -6.90% | 54 | 67 | +22.80% |
| South Korea | 64 | 51 | -20.44% | 51 | 52 | +1.79% |
| Pakistan | 40 | 18 | -55.76% | 19 | 24 | +26.20% |
| Israel | 9 | 12 | +27.99% | 12 | 13 | +11.29% |
| Kazakhstan | 17 | 2 | -87.00% | 2 | 3 | +16.65% |
| EUROPE | ||||||
| EU-27 | 1.535 | 1.466 | -4.45% | 1.458 | 1.527 | +4.73% |
| Russia | 200 | 167 | -16.38% | 168 | 177 | +5.46% |
| United Kingdom | 124 | 78 | -36.76% | 80 | 79 | -1.00% |
| Ukraine | 124 | 59 | -52.59% | 55 | 44 | -19.27% |
| Switzerland | 33 | 26 | -18.57% | 26 | 25 | -3.42% |
| Norway | 19 | 19 | -0.63% | 19 | 19 | +0.12% |
| NORTH AMERICA | ||||||
| United States | 1.339 | 1.287 | -3.90% | 1.355 | 1.783 | +31.58% |
| Canada | 164 | 133 | -18.87% | 136 | 139 | +2.76% |
| AMERICA - CENTER-SOUTH AND CARIBBEAN | ||||||
| Mexico | 394 | 410 | +4.11% | 434 | 507 | +16.91% |
| Brazil | 188 | 215 | +14.20% | 216 | 280 | +29.28% |
| Argentina | 41 | 48 | +16.31% | 49 | 53 | +8.34% |
| Colombia | 12 | 29 | +144.18% | 29 | 32 | +9.81% |
| Peru | 22 | 28 | +30.63% | 29 | 35 | +20.26% |
| Chile | 39 | 21 | -46.12% | 21 | 22 | +5.77% |
| Paraguay | 0 | 1 | +206.84% | 1 | 1 | +0.00% |
| OCEANIA | ||||||
| New Zealand | 479 | 469 | -2.07% | 473 | 492 | +4.18% |
| Australia | 284 | 238 | -15.95% | 236 | 213 | -9.63% |
| AFRICA | ||||||
| Egypt | 84 | 84 | -0.31% | 86 | 105 | +22.51% |
| Nigeria | 34 | 54 | +55.58% | 55 | 72 | +31.30% |
| South Africa | 10 | 22 | +116.73% | 22 | 24 | +7.94% |
| Ethiopia | 0 | 3 | > +1000.00% | 3 | 5 | +37.28% |
| Consumption | 4.339 | 5.041 | +16.17%= | 5.141 | 6.080 | +18.27%= |
| ASIA | ||||||
| India | 224 | 659 | +193.70% | 686 | 967 | +40.91% |
| China | 224 | 278 | +24.19% | 285 | 351 | +23.05% |
| Indonesia | 158 | 192 | +21.94% | 195 | 224 | +14.63% |
| Japan | 170 | 181 | +6.68% | 180 | 177 | -1.57% |
| Philippines | 179 | 177 | -0.94% | 184 | 238 | +29.17% |
| Malaysia | 99 | 105 | +6.61% | 107 | 123 | +14.38% |
| Vietnam | 78 | 104 | +33.28% | 107 | 137 | +28.11% |
| Thailand | 50 | 59 | +18.12% | 60 | 66 | +9.76% |
| South Korea | 58 | 45 | -22.33% | 45 | 46 | +2.01% |
| Saudi Arabia | 47 | 25 | -47.53% | 25 | 29 | +13.46% |
| Pakistan | 39 | 17 | -56.66% | 18 | 23 | +27.16% |
| Turkey | 0 | 15 | > +1000.00% | 15 | 15 | +1.89% |
| Israel | 9 | 12 | +27.99% | 12 | 13 | +11.29% |
| Kazakhstan | 17 | 2 | -88.62% | 2 | 2 | +13.32% |
| Iran | 10 | 0 | -100.00% | 0 | 0 | +22.10% |
| EUROPE | ||||||
| EU-27 | 720 | 763 | +6.06% | 766 | 785 | +2.41% |
| Russia | 184 | 164 | -10.57% | 165 | 174 | +5.56% |
| Ukraine | 89 | 32 | -64.56% | 32 | 32 | +0.71% |
| United Kingdom | 38 | 23 | -39.57% | 22 | 20 | -9.64% |
| Norway | 19 | 19 | -2.54% | 19 | 19 | +0.01% |
| Switzerland | 13 | 14 | +4.56% | 14 | 13 | -2.75% |
| AMERICA - CENTER-SOUTH AND CARIBBEAN | ||||||
| Mexico | 319 | 306 | -4.04% | 330 | 403 | +22.23% |
| Brazil | 188 | 215 | +14.19% | 216 | 280 | +29.28% |
| Peru | 22 | 28 | +30.63% | 29 | 35 | +20.27% |
| Colombia | 12 | 28 | +137.51% | 28 | 31 | +10.15% |
| Argentina | 8 | 18 | +118.66% | 18 | 18 | -2.87% |
| Chile | 36 | 15 | -58.56% | 16 | 18 | +13.07% |
| NORTH AMERICA | ||||||
| United States | 459 | 337 | -26.69% | 338 | 348 | +3.06% |
| Canada | 72 | 77 | +7.83% | 66 | 73 | +10.41% |
| AFRICA | ||||||
| Egypt | 84 | 82 | -2.53% | 84 | 103 | +23.01% |
| Nigeria | 34 | 53 | +55.66% | 55 | 72 | +31.33% |
| South Africa | 5 | 9 | +89.47% | 9 | 11 | +14.38% |
| Ethiopia | 0 | 3 | > +1000.00% | 3 | 5 | +37.50% |
| OCEANIA | ||||||
| Australia | 70 | 31 | -56.03% | 30 | 32 | +7.31% |
| New Zealand | 11 | 12 | +16.90% | 12 | 13 | +7.38% |
| Export | 2.297 | 2.671 | +16.31%= | 2.738 | 3.244 | +18.49%= |
| EUROPE | ||||||
| EU-27 | 597 | 703 | +17.78% | 692 | 742 | +7.30% |
| United Kingdom | 41 | 41 | -1.54% | 43 | 44 | +3.18% |
| Ukraine | 34 | 26 | -22.92% | 22 | 11 | -49.25% |
| Switzerland | 15 | 9 | -36.25% | 9 | 9 | -5.67% |
| Russia | 1 | 3 | +120.88% | 3 | 3 | 0.00% |
| Norway | 0 | 1 | +139.62% | 1 | 1 | +3.42% |
| NORTH AMERICA | ||||||
| United States | 594 | 664 | +11.84% | 732 | 1.149 | +57.05% |
| Canada | 24 | 24 | +2.38% | 36 | 36 | +0.08% |
| OCEANIA | ||||||
| New Zealand | 469 | 457 | -2.50% | 461 | 480 | +4.10% |
| Australia | 153 | 150 | -2.06% | 149 | 124 | -16.70% |
| ASIA | ||||||
| Iran | 12 | 128 | +937.21% | 129 | 146 | +13.39% |
| Saudi Arabia | 13 | 118 | +807.77% | 118 | 118 | 0.00% |
| Turkey | 57 | 38 | -33.09% | 39 | 51 | +30.71% |
| Malaysia | 36 | 10 | -71.51% | 10 | 10 | 0.00% |
| Thailand | 8 | 8 | +4.60% | 8 | 8 | 0.00% |
| China | 1 | 8 | > +1000.00% | 8 | 8 | 0.00% |
| India | 19 | 7 | -60.02% | 7 | 26 | +251.07% |
| Vietnam | 0 | 3 | > +1000.00% | 3 | 3 | 0.00% |
| Pakistan | 1 | 1 | -5.14% | 1 | 1 | 0.00% |
| Indonesia | 1 | 0 | -62.60% | 0 | 0 | 0.00% |
| AMERICA - CENTER-SOUTH AND CARIBBEAN | ||||||
| Mexico | 20 | 49 | +147.13% | 49 | 49 | 0.00% |
| Argentina | 26 | 23 | -12.04% | 24 | 28 | +19.43% |
| Chile | 2 | 5 | +198.20% | 4 | 3 | -20.06% |
| Paraguay | 0 | 1 | +435.47% | 1 | 1 | 0.00% |
| Colombia | 0 | 1 | > +1000.00% | 1 | 1 | 0.00% |
| AFRICA | ||||||
| South Africa | 5 | 13 | +141.84% | 13 | 13 | +3.22% |
| Egypt | 0 | 2 | > +1000.00% | 2 | 2 | 0.00% |
| Ending Stocks | 599 | 515 | -14.01%= | 517 | 514 | -0.58%= |
| NORTH AMERICA | ||||||
| United States | 286 | 286 | 0.00% | 286 | 286 | +0.04% |
| Canada | 68 | 31 | -54.38% | 33 | 30 | -9.41% |
| AMERICA - CENTER-SOUTH AND CARIBBEAN | ||||||
| Mexico | 55 | 55 | 0.00% | 55 | 55 | 0.00% |
| Argentina | 7 | 7 | 0.00% | 7 | 7 | 0.00% |
| Chile | 1 | 1 | 0.00% | 1 | 1 | 0.00% |
| OCEANIA | ||||||
| Australia | 60 | 57 | -4.44% | 57 | 57 | 0.00% |
| ASIA | ||||||
| Japan | 48 | 50 | +4.43% | 50 | 50 | 0.00% |
| South Korea | 5 | 5 | 0.00% | 5 | 5 | 0.00% |
| EUROPE | ||||||
| United Kingdom | 45 | 15 | -66.67% | 15 | 15 | 0.00% |
| Switzerland | 5 | 3 | -27.96% | 3 | 3 | 0.00% |
| Ukraine | 1 | 1 | 0.00% | 1 | 1 | 0.00% |
| Russia | 15 | 0 | - | 0 | 0 | - |
| TOTAL DEMAND | 7.235 | 8.227 | +13.72%= | 8.396 | 9.838 | +17.18%= |
| ASIA | ||||||
| India | 243 | 666 | +174.22% | 694 | 994 | +43.17% |
| China | 224 | 286 | +27.47% | 293 | 359 | +22.41% |
| Japan | 218 | 231 | +6.15% | 231 | 228 | -1.23% |
| Indonesia | 159 | 193 | +21.27% | 196 | 225 | +14.60% |
| Philippines | 179 | 178 | -0.72% | 184 | 238 | +29.09% |
| Saudi Arabia | 60 | 143 | +136.59% | 143 | 147 | +2.39% |
| Iran | 23 | 128 | +467.20% | 129 | 146 | +13.39% |
| Malaysia | 135 | 116 | -14.33% | 118 | 133 | +13.12% |
| Vietnam | 78 | 107 | +37.25% | 111 | 141 | +27.23% |
| Thailand | 58 | 68 | +16.25% | 69 | 74 | +8.56% |
| Turkey | 57 | 53 | -6.90% | 54 | 67 | +22.80% |
| South Korea | 64 | 51 | -20.44% | 51 | 52 | +1.79% |
| Pakistan | 40 | 18 | -55.76% | 19 | 24 | +26.20% |
| Israel | 9 | 12 | +27.99% | 12 | 13 | +11.29% |
| Kazakhstan | 17 | 2 | -87.00% | 2 | 3 | +16.65% |
| EUROPE | ||||||
| EU-27 | 1.317 | 1.466 | +11.38% | 1.458 | 1.527 | +4.73% |
| Russia | 200 | 167 | -16.38% | 168 | 177 | +5.46% |
| United Kingdom | 124 | 78 | -36.76% | 80 | 79 | -1.00% |
| Ukraine | 124 | 59 | -52.59% | 55 | 44 | -19.27% |
| Switzerland | 33 | 26 | -18.57% | 26 | 25 | -3.42% |
| Norway | 19 | 19 | -0.63% | 19 | 19 | +0.12% |
| NORTH AMERICA | ||||||
| United States | 1.339 | 1.287 | -3.90% | 1.355 | 1.783 | +31.58% |
| Canada | 164 | 133 | -18.87% | 136 | 139 | +2.76% |
| AMERICA - CENTER-SOUTH AND CARIBBEAN | ||||||
| Mexico | 394 | 410 | +4.11% | 434 | 507 | +16.91% |
| Brazil | 188 | 215 | +14.20% | 216 | 280 | +29.28% |
| Argentina | 41 | 48 | +16.31% | 49 | 53 | +8.34% |
| Colombia | 12 | 29 | +144.18% | 29 | 32 | +9.81% |
| Peru | 22 | 28 | +30.63% | 29 | 35 | +20.26% |
| Chile | 39 | 21 | -46.12% | 21 | 22 | +5.77% |
| Paraguay | 0 | 1 | +206.90% | 1 | 1 | +0.00% |
| OCEANIA | ||||||
| New Zealand | 479 | 469 | -2.07% | 473 | 492 | +4.18% |
| Australia | 284 | 238 | -15.95% | 236 | 213 | -9.63% |
| AFRICA | ||||||
| Egypt | 84 | 84 | -0.31% | 86 | 105 | +22.51% |
| Nigeria | 34 | 54 | +55.58% | 55 | 72 | +31.30% |
| South Africa | 10 | 22 | +116.73% | 22 | 24 | +7.94% |
| Ethiopia | 0 | 3 | > +1000.00% | 3 | 5 | +37.28% |
|
Last update: 2026-07-13 ( f ) forecast Source: OECD-FAO |
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