Key Market Indicators
Exports of Thai Milk Powder are expected to reach 18.5 million kilograms by 2026, up from 14.5 million kilograms in 2021, representing a 4% year-on-year growth rate. Since 1994, Thai supply has increased by 12.3% year-on-year. In 2021, Thailand ranked 26th, with Uruguay taking the lead at 14.5 million kilograms. Germany, New Zealand and France took the second, third and fourth spots, respectively. Imports of Thai Milk Powder are estimated to reach 68.3 million kilograms by 2026, up from 67 million kilograms in 2021, with a year-on-year growth rate of 0.3%. Since 1993, Thai demand has grown by 2.8% year-on-year. In 2021, the country was 11th in the ranking, with Egypt leading at 67 million kilograms. The Philippines, Indonesia and Algeria took second, third and fourth positions, respectively.
