Key Market Indicators
Filipina milk powder imports are expected to reach nearly 196 million kilograms by 2026, a growth of 2 percent year-on-year. In 2021, the country was the second-largest importer in the world, with 173.9 million kilograms, behind China. The Philippines, Indonesia and Algeria followed, at numbers 2, 3 and 4 respectively. Filipina milk powder exports are set to reach 389,000 kilograms by 2026, a rate of 3.4 percent growth year-on-year. Since 2001, the country's supply has increased by 26.4 percent annually. In 2021, it placed 60th in the world, behind Serbia's 317,770 kilograms. Germany, New Zealand and France followed, at numbers 2, 3 and 4 respectively.