Key Market Indicators
Iceland's export of milk powder is predicted to reach 543,350 kilograms by 2026, an annual increase of 1.6%. This is a decrease of 9.2% since 2000. In 2021, the country was ranked 55th, with Yemen coming in ahead at 490,930 kilograms. Germany, New Zealand, and France were the second, third, and fourth biggest suppliers, respectively. Iceland's import of milk powder is expected to reach 20,630 kilograms by 2026, with an average yearly growth rate of 2.8%. Demand has increased 10.6% annually since 1994. In 2021, the country was 129th, with Saint Kitts and Nevis leading at 17,240 kilograms. The Philippines, Indonesia, and Algeria followed as the second, third, and fourth largest importers.
