In 2023, Germany led the global export market for milk and cream, followed by the Netherlands and Belgium. Among these leading exporters, New Zealand and Italy showed the highest growth rates, with year-on-year increases of 5.02% and 5.35%, respectively. Notably, Kuwait and Uganda experienced significant growth, exceeding 5% over the same period. Conversely, countries like Portugal and Malaysia saw substantial declines in their export values. Over the last five years, the compound annual growth rate has shown varied trends across countries, indicating shifts in global trading dynamics.
Future trends to watch include:
- Increased competition from emerging markets.
- Potential trade policy changes affecting dairy exports.
- Rising demand in Asian markets, potentially driving exports from countries like New Zealand and Australia.
- Sustainability practices becoming a more significant competitive factor in global markets.
- Technological advancements in production, impacting cost structures and competitiveness.
Top countries in Export of Milk and Cream by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,467,800,000 | 2023 | +0.22% | +0.1% | View data |
| 2 | 2 Netherlands | 1,152,800,000 | 2023 | +3.39% | +3.33% | View data |
| 3 | 3 Belgium | 928,930,000 | 2023 | +2.22% | +1.66% | View data |
| 4 | 4 France | 774,190,000 | 2023 | +0.36% | +0.23% | View data |
| 5 | 5 New Zealand | 656,540,000 | 2023 | +4.87% | +5.02% | View data |
| 6 | 6 Poland | 572,690,000 | 2023 | +3.97% | +4.05% | View data |
| 7 | 7 United Kingdom | 485,120,000 | 2023 | +1.96% | +1.04% | View data |
| 8 | 8 Czech Republic | 424,520,000 | 2023 | +2.27% | +0.75% | View data |
| 9 | 9 Austria | 340,890,000 | 2023 | +0.036% | -0.015% | View data |
| 10 | 10 Spain | 291,210,000 | 2023 | +1.74% | +1.56% | View data |
