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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.

Commodity: Geographical Area /Country:
Tons x 1000 2015 2024 % 2024
from 2015
2025 ( f ) 2034 ( f ) % 2034
from 2025
Production 4.435 4.533 +2.22%= 4.546 5.271 +15.96%=
Import 2.288 2.453 +7.19%= 2.577 3.061 +18.80%=
Initial Stocks 541 518 -4.26%= 517 517 +0.06%=
TOTAL OFFERT 7.264 7.504 +3.30%= 7.639 8.850 +15.84%=
Consumption 4.247 4.393 +3.43%= 4.542 5.271 +16.05%=
Export 2.336 2.594 +11.07%= 2.577 3.061 +18.80%=
Ending Stocks 575 517 -10.13%= 521 518 -0.63%=
TOTAL DEMAND 7.158 7.504 +4.83%= 7.639 8.850 +15.84%=
Last update: 2025-07-22
( f ) forecast
Source: OECD-FAO