Key Market Indicators
UK imports of milk powder are predicted to fall by 2% per year, from almost 30 million kilograms in 2021 to 27 million by 2026. This decrease is in contrast to the trend since 1998, which has seen imports fall by 5% per year. In 2021, the UK was the 23rd biggest importer, with Brazil taking the top spot at 29.8 million kilograms. The Philippines, Indonesia and Algeria were the next three largest importers. UK exports of milk powder are estimated to rise by 1% per year, from 46.5 million kilograms in 2021 to 49.3 million by 2026. This increase is in line with the trend since 1998, which has seen exports rise by 2.5% per year. In 2021, the UK was the 15th biggest exporter, with Finland taking the lead at 46.5 million kilograms. Germany, New Zealand and France were the next three largest exporters.