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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
    2019 Share
    347.773 2%
    1.029.654 5%
    376.876 2%
    1.718.326 8%
    111.190 1%
    3.262.383 16%
    7.611.176 36%
    2.177.735 10%
    4.291.640 21%
    20.926.753  
    2020 Share
    288.656 1%
    1.025.138 5%
    295.062 1%
    1.679.053 8%
    2.042 0%
    3.200.396 15%
    7.930.222 38%
    2.457.333 12%
    4.185.609 20%
    21.063.511  
    2021 Share
    348.591 2%
    1.026.436 5%
    382.874 2%
    1.648.440 8%
    959 0%
    3.101.280 14%
    7.812.189 36%
    2.676.095 12%
    4.419.059 21%
    21.415.923  
    % 21 su 20
    +20,76%
    +0,13%
    +29,76%
    -1,82%
    -53,04%
    -3,10%
    -1,49%
    +8,90%
    +5,58%
    +1,67%
    Last update: 24-06-2022
    * 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$)
    Geographic Area
    AFRICA
    AMERICA - CENTRAL SOUTH AND THE CARIBBEAN
    ASIA
    ASIA - SOUTHEAST
    ASIA MIDDLE EAST
    EUROPE (Other - EXTRA EU-27)
    EUROPE - EU-27
    NORTHERN AMERICA
    OCEANIA
    TOTAL
    2019 Share
    551.771.161 1%
    2.591.895.267 4%
    819.196.276 1%
    5.472.038.712 9%
    170.727.638 0%
    6.893.254.602 11%
    24.130.962.188 39%
    5.554.617.352 9%
    15.016.610.781 25%
    61.201.073.976  
    2020 Share
    464.806.102 1%
    2.630.955.276 4%
    693.179.185 1%
    4.462.995.672 7%
    6.104.133 0%
    6.738.842.894 11%
    25.713.207.558 42%
    6.115.723.109 10%
    14.890.229.219 24%
    61.716.043.149  
    2021 Share
    456.576.181 1%
    2.924.463.643 4%
    979.996.396 1%
    4.459.089.919 7%
    3.500.684 0%
    7.130.046.649 11%
    26.669.295.776 40%
    7.088.214.263 11%
    16.886.102.361 25%
    66.597.285.870  
    % 21 su 20 US$ per tons **
    -1,77% 1.310
    +11,16% 2.849
    +41,38% 2.560
    -0,09% 2.705
    -42,65% 3.651
    +5,81% 2.299
    +3,72% 3.414
    +15,90% 2.649
    +13,40% 3.821
    +7,91%
    Last update: 24-06-2022
    * 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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