Key Market Indicators
Australian milk production is set to fall by 2.2% year on year, according to a new report. This figure is a 6.3% decrease from the country's 1966 peak. In the 2021 rankings, Australia came in 23rd place, with a production of 6.2 million metric tons of milk. Belarus topped the list with over 7.2 million tons, followed by the United States Virgin Islands, Pakistan and Brazil.
