Key Market Indicators
In 2021, Australia was ranked 15th, as Belgium overtook it at $67,213,000. The UK, France, and Germany respectively came in 2nd, 3rd and 4th place in this ranking. Australian whey export is projected to fall slightly to around $43 million by 2026, down from $49 million in 2021. This is an average decrease of 2.4% year-on-year since 1993. Australia was in 19th place in 2021, overtaken by Argentina. France, Germany and the Netherlands followed in 2nd, 3rd and 4th place respectively. Whey import to Australia is on the rise and is expected to reach $76 million by 2026, up 2% year-on-year from $67 million in 2021. Since 1993, demand has grown by an average of 1.2% year-on-year. In 2021, Australia was ranked 15th, overtaken by Belgium. The UK, France and Germany followed in 2nd, 3rd and 4th place respectively.
