Key Market Indicators
Belgium's export volume of milk powder is projected to reach nearly 300 million kilograms by 2026, up 2.4% year on year. Since 2004, the country's supply has increased by 9% annually. In 2021, Belgium was the fifth largest exporter, behind France which shipped 252.6 million kilograms. Germany, New Zealand and France were second, third and fourth respectively. Belgium's import volume of milk powder is forecast to reach nearly 84 million kilograms by 2026, a 0.7% yearly average growth. Since 2004, the country's demand has decreased by 3.4% annually. In 2021, Italy was ahead with 80.4 million kilograms, with the Philippines, Indonesia and Algeria in second, third and fourth place respectively.
