Key Market Indicators
Milk production is forecasted to reach 8,170 metric tons by 2026, a 0.4% year-on-year increase from 2021’s total of 7,970 metric tons. Since 1966, the annual supply has grown by an average of 1.7%. In 2021, Cape Verde overtook the United States Virgin Islands, Pakistan and Brazil to take the 156th spot in the rankings at 7,970 metric tons. The USVI, Pakistan and Brazil took the 2nd, 3rd and 4th places respectively.