The United States leads in global milk powder exports, capturing the largest market share, followed by Germany and New Zealand. Notably, European countries like Belgium, France, and the Netherlands maintain significant positions, reflecting the continent's robust dairy industry. Among these top players, countries like the United States, Germany, and Belgium showed consistent growth, whereas New Zealand and Australia experienced declines. Emerging markets such as Saudi Arabia and Mexico displayed noteworthy growth, emphasizing global diversification. Countries like Ireland, Sweden, and Finland revealed positive growth, bolstering Europe’s dominance. Notably, Mozambique experienced a substantial hike, while Hungary and Egypt faced sharp declines.
Future trends to monitor include the continued dominance of the U.S. and European countries, and potential growth in Asian and African markets. Growth in sustainable and dairy-free products may influence the geographical shift in export dynamics. Emerging markets like Mozambique might continue to see significant changes, emphasizing the need for exporters to adapt to evolving global demands and trends.
Top countries in Export of Milk Powder Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 22.42 | 2023 | +1.32% | +1.29% | View data |
| 2 | 2 Germany | 12.38 | 2023 | -0.1% | +0.74% | View data |
| 3 | 3 New Zealand | 10.75 | 2023 | -2.67% | -1.23% | View data |
| 4 | 4 Belgium | 7.11 | 2023 | +1.01% | +1.16% | View data |
| 5 | 5 France | 6.92 | 2023 | -0.77% | +0.61% | View data |
| 6 | 6 Netherlands | 4.96 | 2023 | +1.02% | +0.79% | View data |
| 7 | 7 Australia | 4.94 | 2023 | -2.12% | -1.5% | View data |
| 8 | 8 Ireland | 4.11 | 2023 | +2.32% | +0.86% | View data |
| 9 | 9 Belarus | 3.92 | 2023 | +0.64% | +2.2% | View data |
| 10 | 10 Poland | 3.88 | 2023 | +0.47% | +0.17% | View data |