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The Global Dairy Market

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:
  1. HS 0406 - Cheese,
  2. HS 0405 - Butter,
  3. HS 040210 - SMP (Skimmed Milk Powder),
  4. HS 040221+040229 - WMP (Whole Milk Powder 26%),
  5. HS 040110+040120 - Bulk and pack. milk,
  6. HS 040130+040140+040150 - Cream,
  7. HS 0403 - Yogurt,
  8. HS 040291+040299 - Condensed milk,
  9. HS 190110 - Infant milk formula,
  10. HS 0404 - Whey Powder,
  11. HS 350110 - Casein,
  12. 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).
 
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.)


  • Exports of HS 040210, 040221+040229, 0405, 0406, 040110+040120,
    040130+040140+040150,0403, 040291+040299, 190110, 0404, 350110, 350190 *
    Quantities (Ton) - equivalent to 97% of Global Export
    Geographic Area
    AFRICA
    AMERICA - CENTRAL SOUTH AND THE CARIBBEAN
    ASIA
    ASIA - SOUTHEAST
    ASIA MIDDLE EAST
    EUROPE (Other - EXTRA EU 28)
    EUROPE - EU 28
    NORTHERN AMERICA
    OCEANIA
    TOTAL
    2017 Share
    322.550 2%
    918.752 5%
    274.558 2%
    1.496.930 9%
    366.726 2%
    1.895.845 11%
    5.955.366 34%
    2.153.386 12%
    3.981.847 23%
    17.365.960  
    2018 Share
    332.523 2%
    950.775 5%
    337.102 2%
    1.562.323 9%
    348.619 2%
    1.762.672 10%
    5.938.470 34%
    2.295.084 13%
    4.044.227 23%
    17.571.795  
    2019 Share
    337.520 2%
    883.849 5%
    351.693 2%
    1.693.396 9%
    116.620 1%
    1.724.388 10%
    6.448.419 36%
    2.183.826 12%
    4.291.640 24%
    18.031.353  
    % 19 su 18
    +1,50%
    -7,04%
    +4,33%
    +8,39%
    -66,55%
    -2,17%
    +8,59%
    -4,85%
    +6,12%
    +2,62%
    Last update: 26-12-2020
    * 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
    To find out which countries are among the reference geographical areas, click HERE
    Exports of HS 040210, 040221+040229, 0405, 0406, 040110+040120,
    040130+040140+040150,0403, 040291+040299, 190110, 0404, 350110, 350190 *
    Values (US$)
    Geographic Area
    AFRICA
    AMERICA - CENTRAL SOUTH AND THE CARIBBEAN
    ASIA
    ASIA - SOUTHEAST
    ASIA MIDDLE EAST
    EUROPE (Other - EXTRA EU 28)
    EUROPE - EU 28
    NORTHERN AMERICA
    OCEANIA
    TOTAL
    2017 Share
    580.786.569 1%
    2.412.572.741 5%
    630.832.889 1%
    4.435.297.762 9%
    674.523.811 1%
    4.309.340.245 8%
    19.705.117.483 38%
    5.021.509.913 10%
    13.868.015.916 27%
    51.637.997.330  
    2018 Share
    583.340.954 1%
    2.436.375.949 5%
    783.455.233 1%
    5.173.602.040 10%
    717.610.201 1%
    4.238.118.174 8%
    20.020.349.816 38%
    5.133.602.093 10%
    14.196.969.533 27%
    53.283.423.994  
    2019 Share
    539.522.569 1%
    2.266.082.082 4%
    785.734.172 1%
    5.368.378.245 10%
    205.923.340 0%
    4.374.015.375 8%
    21.016.454.340 38%
    5.565.699.140 10%
    15.016.610.781 27%
    55.138.420.044  
    % 19 su 18 US$ per tons **
    -7,51% 1.598
    -6,99% 2.564
    +0,29% 2.234
    +3,76% 3.170
    -71,30% 1.766
    +3,21% 2.537
    +4,98% 3.259
    +8,42% 2.549
    +5,77% 3.499
    +3,48%
    Last update: 26-12-2020
    * 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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