Key Market Indicators
New Zealand's milk powder exports are expected to reach 406 million kilograms by 2026 – up 0.7% year-on-year – compared to 390.6 million kilograms in 2021. Since 1994, New Zealand's supply has decreased by 2.5% year-on-year. In 2021, Germany overtook New Zealand as the top exporter, with 390.6 million kilograms. Germany, New Zealand and France placed second, third and fourth in the ranking respectively. New Zealand's milk powder imports are forecast to reach 2.6 million kilograms by 2026 – down 0.1% year-on-year – compared to 2.6 million kilograms in 2021. Since 1994, New Zealand's demand has decreased by 0.9% year-on-year. In 2021, Kyrgyzstan was the leading importer, at 2.6 million kilograms. The Philippines, Indonesia and Algeria placed second, third and fourth in the ranking respectively.