In 2023, China maintained a dominant position in global dry whole milk powder imports, comprising a substantial portion of the market. Significant year-over-year growth was evident in Brazil and the United States, reflecting increased demand. Conversely, the Philippines, Mexico, and Chile experienced notable declines. Countries like Algeria, Russia, and Taiwan showed slight declines or modest changes in import volume.
Future trends indicate potential shifts in the market dynamics. Continuous growth in emerging markets like Indonesia could reshape import patterns. Heightened demand from developing economies may drive increased import volumes, while established markets may witness stabilization or reconsideration of import policies due to self-sufficiency initiatives.
Top countries in Dry Whole Milk Powder Import Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 46.57 | 2023 | -21.43% | +1.09% | View data |
| 2 | 2 Algeria | 22.02 | 2023 | +4% | -0.83% | View data |
| 3 | 3 Brazil | 11.43 | 2023 | +64.63% | +14.7% | View data |
| 4 | 4 Indonesia | 8.04 | 2023 | +1.06% | +10% | View data |
| 5 | 5 Australia | 3.81 | 2023 | +12.5% | +9.95% | View data |
| 6 | 6 Taiwan | 2.71 | 2023 | -11.11% | -1.21% | View data |
| 7 | 7 Russia | 2.12 | 2023 | 0% | -1.53% | View data |
| 8 | 8 United States | 1.19 | 2023 | +7.69% | +14.87% | View data |
| 9 | 9 Philippines | 0.85 | 2023 | -28.57% | -15.34% | View data |
| 10 | 10 Mexico | 0.25 | 2023 | -25% | -15.59% | View data |
