Key Market Indicators
Russia, United Kingdom and Canada respectively were numbers 2, 3 and 4 in this ranking. American exports of milk powder are set to increase by 2.5% a year, reaching 922 million kilograms by 2026. Since 1996, the annual growth rate has been 5.9%. Germany, New Zealand, and France are the biggest importers from the U.S., in that order. Meanwhile, imports of milk powder to the U.S. fell by 31% from 2020 to 2021, to 271,000 kilograms. Since 1996, American demand has decreased by 4.1% annually. Russia, the U.K., and Canada are the biggest suppliers to the U.S., in that order.