Key Market Indicators
Bermudian demand for milk powder is set to decline significantly over the next five years. In 2021, the country imported 66,080 kilograms of milk powder, but this is projected to drop to 21,550 kilograms by 2026 - a decline of 18.2% year on year. Since 2015, milk powder imports to Bermuda have decreased by 11.9% year on year. In 2021, Brunei was the top importer with 66,080 kilograms, followed by the Philippines, Indonesia and Algeria.
