Key Market Indicators
Exports of Malaysian milk powder are projected to drop 7.2% annually over the next five years, from 9.6 million kilograms in 2021 to 6.2 million kilograms in 2026. This would represent a 23.3% decrease since 1994. In 2021, Malaysia was ranked 31st in the world for milk powder exports, with Switzerland coming in first with 9.6 million kilograms. Germany, New Zealand and France ranked 2nd, 3rd and 4th respectively. Imports of Malaysian milk powder are estimated to grow 1.6% annually from 2021-2026, from 137.7 million kilograms to 151 million kilograms. This would amount to a 0.4% increase since 1994. In 2021, the Netherlands was the top importer with 137.7 million kilograms, followed by the Philippines, Indonesia and Algeria. Malaysia ranked 6th in the world for milk powder imports that year.