The global distribution of dry whole milk powder in 2023 was led by China and New Zealand, with China at 1.88 million metric tons and New Zealand at 1.66 million metric tons. Brazil followed with 0.701 million metric tons. Significant year-on-year variations were observed, with China's distribution increasing by 3.4% and New Zealand by 0.67%. Algeria and Russia experienced declines of 2.29% and 5.76%, respectively. Over the last five years, China's CAGR indicates robust growth, while countries like Australia and the Philippines show contraction.
Future trends to watch include potential growth in Asian markets due to increasing demand, especially from China. Additionally, geopolitical factors and changes in trade policies could significantly impact distribution channels and production capacities globally.
Top countries in Dry Whole Milk Powder Distribution by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 1,880 | 2023 | -1.32% | +3.4% | View data |
| 2 | 2 New Zealand | 1,660 | 2023 | +6.77% | +0.67% | View data |
| 3 | 3 Brazil | 701 | 2023 | +7.85% | +1.43% | View data |
| 4 | 4 Algeria | 293 | 2023 | 0% | -2.29% | View data |
| 5 | 5 Argentina | 266 | 2023 | -1.48% | +2.95% | View data |
| 6 | 6 Indonesia | 164 | 2023 | +0.61% | +2.21% | View data |
| 7 | 7 Mexico | 128 | 2023 | 0% | +0.32% | View data |
| 8 | 8 Australia | 95 | 2023 | -15.93% | -3.75% | View data |
| 9 | 9 Russia | 84 | 2023 | 0% | -5.76% | View data |
| 10 | 10 United States | 83 | 2023 | -3.49% | -0.71% | View data |
