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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 98% 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
    2018 Share
    341.471 2%
    926.709 5%
    371.899 2%
    1.587.185 8%
    322.660 2%
    3.218.314 16%
    7.212.561 35%
    2.295.061 11%
    4.044.227 20%
    20.320.087  
    2019 Share
    347.773 2%
    853.951 4%
    376.876 2%
    1.718.326 8%
    111.190 1%
    3.276.712 16%
    7.773.138 37%
    2.183.816 10%
    4.291.640 21%
    20.933.424  
    2020 Share
    288.654 1%
    899.024 4%
    294.047 1%
    1.679.080 8%
    2.042 0%
    3.209.379 15%
    7.936.375 38%
    2.464.370 12%
    4.185.609 20%
    20.958.579  
    % 20 su 19
    -17,00%
    +5,28%
    -21,98%
    -2,28%
    -98,16%
    -2,05%
    +2,10%
    +12,85%
    -2,47%
    +0,12%
    Last update: 07-06-2021
    * 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$)
    Geographic Area
    AFRICA
    AMERICA - CENTRAL SOUTH AND THE CARIBBEAN
    ASIA
    ASIA - SOUTHEAST
    ASIA MIDDLE EAST
    EUROPE (Other - EXTRA EU-27)
    EUROPE - EU-27
    NORTHERN AMERICA
    OCEANIA
    TOTAL
    2018 Share
    594.788.633 1%
    2.375.115.457 4%
    831.760.875 1%
    5.278.689.776 9%
    539.803.087 1%
    6.454.410.037 11%
    23.696.303.040 40%
    5.133.206.775 9%
    14.196.969.533 24%
    59.101.047.214  
    2019 Share
    551.771.161 1%
    2.207.967.398 4%
    819.196.276 1%
    5.472.038.712 9%
    170.727.638 0%
    6.607.789.588 11%
    24.477.282.180 40%
    5.565.628.555 9%
    15.016.610.781 25%
    60.889.012.289  
    2020 Share
    464.802.782 1%
    2.349.534.398 4%
    692.115.936 1%
    4.463.029.424 7%
    6.104.133 0%
    6.505.934.704 11%
    25.706.488.853 42%
    6.136.096.650 10%
    14.890.229.219 24%
    61.214.336.099  
    % 20 su 19 US$ per tons **
    -15,76% 1.610
    +6,41% 2.613
    -15,51% 2.354
    -18,44% 2.658
    -96,42% 2.989
    -1,54% 2.027
    +5,02% 3.239
    +10,25% 2.490
    -0,84% 3.557
    +0,53%
    Last update: 07-06-2021
    * 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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