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World: Prices of skimmed milk powders (SMP)
The graph outlines, in the given period, the comparison between the wholesale price of SMP in some selected countries (USA, Germany, Oceania).

To consult the main trade markets for SMP, please visit the section dedicated to the Dairy World Trade (DWT).
Skimmed Milk Powder Production (SMP)
20162017201820192020202120222023
Country tons ('000)tons ('000)± %tons ('000)± %tons ('000)± %tons ('000)± %tons ('000)± %tons ('000)± %tons ('000)± %
European Union 1.387,7 1.371,6 -1,16% 1.368,0 -0,26% 1.349,3 -1,37% 1.378,9 +2,19% 1.292,5 -6,27% 1.307,0 +1,12% 1.237,9 -5,28%
United States* 795,0 832,5 +4,72% 806,3 -3,15% 839,6 +4,14% 885,4 +5,44% 928,5 +4,87% 886,9 -4,48% 847,5 -4,45%
Australia 238,3 186,9 -21,57% 200,7 +7,38% 158,8 -20,88% 155,2 -2,26% 146,6 -5,53% 137,2 -6,42% 143,4 +4,51%
New Zealand 405 402 -0,74% 410 +1,99% 375 -8,54% 362 -3,47% 330 -8,84% 390 +18,18% 390 +0,00%
Argentina 34,0 45,7 +34,07% 40,6 -11,14% 45,1 +11,24% 52,5 +16,27% 54,9 +4,69% 51,4 -6,49% 32,8 -36,06%
Turkey 78,2 87,7 +12,14% 63,2 -27,92% 66,5 +5,18% 69,5 +4,45% 86,1 +23,92% 89,2 +3,65% 67,7 -24,18%
Japan 123,5 121,6 -1,55% 120,0 -1,30% 130,5 +8,74% 140,4 +7,61% 154,8 +10,26% 158,1 +2,10% 159,7 +1,03%
Source: Eurostat, Dairy Australia, FAS-USDA, Subsecretaría de Lechería - Ministerio de Agroindustria, National Agricultural Statistics Service, Turkstat, MAFF
*SMP + NDM
Germany 18/06/2025 2.450 €/tons
 
US 20/06/2025 2.422 €/tons
 
Oceania 20/06/2025 2.442 €/tons
Month 2023 2024 2025 ± on prev.
month. 		± % from
2024
January 2.709 2.576 2.504 -3,70% -2,80%
February 2.540 2.543 2.486 -0,70% -2,21%
March 2.610 2.466 2.470 -0,65% +0,18%
April 2.408 2.374 2.426 -1,78% +2,19%
May 2.428 2.419 2.405 -0,87% -0,57%
June 2.500 2.485 2.440 +1,46% -1,81%
July 2.385 2.385  
August 2.271 2.441  
September 2.265 2.608  
October 2.551 2.541  
November 2.716 2.603  
December 2.703 2.600  
Jan-Jun 2.532 2.477 2.455
Change¹ % -36,25% -2,19% -0,88%
Average 2.499 2.499
Change¹ % -33,78% -0,01%
Last Update:18-06-2025
1) change from the same period of previous year
The monthly, cumulative and annual prices are arithmetic averages calculated on the basis of the weekly prices
*: Prices VAT excluded FOB ex-works
Source: ZMP; since May 6,2009 "Süddeutsche Butter - und Käsebörse eV, Kempten"
  min price
  max price
 
Month 2023 2024 2025 ± on prev.
month. 		± % from
2024
January 2.756 2.411 2.920 +0,04% +21,11%
February 2.550 2.462 2.747 -5,91% +11,59%
March 2.475 2.395 2.395 -12,80% +0,03%
April 2.291 2.343 2.248 -6,16% -4,06%
May 2.366 2.314 2.350 +4,54% +1,54%
June 2.355 2.415 2.423 +3,11% +0,32%
July 2.218 2.397  
August 2.236 2.451  
September 2.261 2.655  
October 2.496 2.736  
November 2.476 2.862  
December 2.408 2.919  
Jan-Jun 2.465 2.390 2.514
Change¹ % -32,27% -3,06% +5,18%
Average 2.405 2.530
Change¹ % -31,49% +5,22%
Last Update:21-06-2025
1) change from the same period of previous year
The monthly, cumulative and annual prices are arithmetic averages calculated on the basis of the weekly prices
*: Low Medium Heat (SMP) Mostly
Source: USDA AMS Dairy Market News
  min price
  max price
 
Month 2023 2024 2025 ± on prev.
month. 		± % from
2024
January 2.739 2.402 2.702 -1,01% +12,52%
February 2.656 2.512 2.812 +4,07% +11,97%
March 2.574 2.457 2.686 -4,49% +9,34%
April 2.468 2.399 2.604 -3,04% +8,57%
May 2.639 2.405 2.622 +0,67% +9,00%
June 2.591 2.502 2.481 -5,37% -0,83%
July 2.385 2.435  
August 2.235 2.358  
September 2.197 2.507  
October 2.480 2.567  
November 2.501 2.710  
December 2.415 2.730  
Jan-Jun 2.611 2.446 2.651
Change¹ % -32,93% -6,32% +8,40%
Average 2.482 2.492
Change¹ % -32,29% +0,39%
Last Update:21-06-2025
1) change from the same period of previous year
The monthly, cumulative and annual prices are arithmetic averages calculated on the basis of the weekly prices
*: 1.25 Butterfat
Source: USDA AMS Dairy Market News
  min price
  max price