The global milk powder export market shows a diversified field led by the United States, valuated at $1.4316 billion in 2023, with minor players varying in growth. Recent trends indicate mixed variations with the United States experiencing a modest growth of 1.29%, while New Zealand saw a decline of 1.23%. Finland and Portugal emerged as fast growers with over 4.5% increases. Countries like Singapore and Hungary faced notable declines in exports. Despite fluctuations, the market exhibits potential growth in specific regions, influenced by changing consumer preferences and economic dynamics.
Future trends to watch include sustainable production practices, changes in trade agreements, and emerging markets in Asia and Africa. A focus on health-conscious products and the potential impact of climate change on agricultural outputs will likely influence global milk powder export dynamics.
Top countries in Export of Milk Powder by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 1,431,600,000 | 2023 | +1.32% | +1.29% | View data |
| 2 | 2 Germany | 790,380,000 | 2023 | -0.1% | +0.74% | View data |
| 3 | 3 New Zealand | 686,610,000 | 2023 | -2.67% | -1.23% | View data |
| 4 | 4 Belgium | 453,960,000 | 2023 | +1.01% | +1.16% | View data |
| 5 | 5 France | 442,120,000 | 2023 | -0.77% | +0.61% | View data |
| 6 | 6 Netherlands | 316,450,000 | 2023 | +1.02% | +0.79% | View data |
| 7 | 7 Australia | 315,700,000 | 2023 | -2.12% | -1.5% | View data |
| 8 | 8 Ireland | 262,690,000 | 2023 | +2.32% | +0.86% | View data |
| 9 | 9 Belarus | 250,110,000 | 2023 | +0.64% | +2.2% | View data |
| 10 | 10 Poland | 247,700,000 | 2023 | +0.47% | +0.17% | View data |
