Italy - Dried Milk - Market Analysis, Forecast, Size, Trends and Insights
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View PricingItaly's August 2023 Powdered Milk Import Declines by 17% to $37M
Italy Powdered Milk Imports
In August 2023, purchases abroad of powdered milk decreased by -11.2% to 10K tons, falling for the second consecutive month after two months of growth. The total import volume increased at an average monthly rate of +1.2% over the period from August 2022 to August 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain months. The pace of growth appeared the most rapid in September 2022 when imports increased by 36% against the previous month.
In value terms, powdered milk imports fell remarkably to $37M (IndexBox estimates) in August 2023. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2022 when imports increased by 35% month-to-month.
| COUNTRY | Import Value of Powdered Milk in Italy (million USD) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | Aug 2023 | |
| Germany | 8.9 | 14.5 | 9.8 | 13.8 | 13.9 | 15.4 | 16.6 | 20.4 | 11.6 | 11.7 | 13.3 | 15.7 | 9.8 |
| France | 7.5 | 13.0 | 11.6 | 13.0 | 10.6 | 8.8 | 11.6 | 10.6 | 10.4 | 11.1 | 9.2 | 10.4 | 8.2 |
| Belgium | 7.0 | 8.8 | 3.8 | 5.7 | 6.4 | 6.7 | 5.8 | 7.2 | 3.2 | 8.0 | 5.6 | 6.4 | 6.1 |
| Ireland | 2.6 | 1.8 | 2.5 | 1.8 | 3.1 | 1.7 | 0.9 | 0.2 | 1.0 | 0.8 | 2.8 | 2.1 | 4.4 |
| Netherlands | 5.9 | 8.6 | 6.9 | 7.5 | 4.9 | 6.9 | 6.5 | 7.9 | 7.1 | 6.0 | 5.9 | 5.5 | 4.1 |
| Poland | 3.5 | 2.3 | 2.8 | 2.0 | 1.7 | 4.7 | 5.0 | 5.2 | 3.6 | 3.4 | 4.6 | 2.0 | 2.9 |
| Finland | 0.4 | 0.2 | 0.9 | 1.3 | 1.3 | 0.9 | 0.6 | 0.7 | 0.6 | 0.9 | < 0.1 | 0.9 | 0.8 |
| Others | 1.5 | 0.9 | 2.4 | 2.7 | 0.6 | 0.7 | 1.0 | 1.0 | 1.1 | 0.9 | 1.4 | 1.7 | 1.0 |
| Total | 37.2 | 50.1 | 40.7 | 47.8 | 42.7 | 45.6 | 48.1 | 53.4 | 38.6 | 42.8 | 42.8 | 44.8 | 37.3 |
Imports by Country
France (2.3K tons), Germany (2.2K tons) and Belgium (1.7K tons) were the main suppliers of powdered milk imports to Italy, with a combined 61% share of total imports. Ireland, the Netherlands, Poland and Finland lagged somewhat behind, together accounting for a further 37%.
From August 2022 to August 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Ireland (with a CAGR of +8.0%), while imports for the other leaders experienced more modest paces of growth.
In value terms, Germany ($9.8M), France ($8.2M) and Belgium ($6.1M) constituted the largest powdered milk suppliers to Italy, with a combined 65% share of total imports. Ireland, the Netherlands, Poland and Finland lagged somewhat behind, together accounting for a further 33%.
Finland, with a CAGR of +6.3%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Imports by Type
In August 2023, skim powdered milk (8K tons) constituted the largest type of powdered milk supplied to Italy, with a 78% share of total imports. Moreover, skim powdered milk exceeded the figures recorded for the second-largest type, dairy produce; milk and cream, concentrated, not containing added sugar or other sweetening matter, in powder, granules or other solid forms, of a fat content exceeding 1.5% (by weight) (2.1K tons), fourfold.
From August 2022 to August 2023, the average monthly growth rate of the volume of import of skim powdered milk amounted to +2.2%. With regard to the other supplied products, the following average monthly rates of growth were recorded: dairy produce; milk and cream, concentrated, not containing added sugar or other sweetening matter, in powder, granules or other solid forms, of a fat content exceeding 1.5% (by weight) (-1.6% per month) and dairy produce; milk and cream, containing added sugar or other sweetening matter, in powder, granules or other solid forms, of a fat content exceeding 1.5% (by weight) (+0.3% per month).
In value terms, skim powdered milk ($25M) constituted the largest type of powdered milk supplied to Italy, comprising 68% of total imports. The second position in the ranking was taken by dairy produce; milk and cream, concentrated, not containing added sugar or other sweetening matter, in powder, granules or other solid forms, of a fat content exceeding 1.5% (by weight) ($9.4M), with a 25% share of total imports.
Import Prices by Country
In August 2023, the powdered milk price stood at $3,623 per ton (CIF, Italy), falling by -6.2% against the previous month. Over the period under review, the import price showed a mild decline. The pace of growth was the most pronounced in November 2022 an increase of 8.1% m-o-m. Over the period under review, average import prices attained the maximum at $4,522 per ton in January 2023; however, from February 2023 to August 2023, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In August 2023, the highest price was recorded for prices from Germany ($4,413 per ton) and the Netherlands ($3,646 per ton), while the price for Poland ($2,968 per ton) and Ireland ($3,076 per ton) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Finland (+0.2%), while the prices for the other major suppliers experienced mixed trend patterns.
This report provides an in-depth analysis of the powdered milk market in Italy. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 897 - Dry Whole Cow Milk
- FCL 898 - Dry Skim Cow Milk
Country coverage:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND THE AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional EditionPRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and its Prospects
- MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET FORECAST TO 2035
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4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION
Finding New Products to Diversify Your Business
- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCTS
- MOST TRADED PRODUCTS
- MOST PROFITABLE PRODUCTS FOR EXPORTS
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Export
- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
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7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
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8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
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9. EXPORTS
The Largest Destinations for Exports
- EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
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LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2012-2024
- Imports, In Value Terms, By Country, 2012-2024
- Import Prices, By Country, 2012-2024
- Exports, In Physical Terms, By Country, 2012-2024
- Exports, In Value Terms, By Country, 2012-2024
- Exports Prices, By Country, 2012-2024
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LIST OF FIGURES
- Market Volume, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply Vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply Vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Volume Forecast to 2035
- Market Value Forecast to 2035
- Market Size and Growth, by Product
- Average Per Capita Consumption, by Product
- Exports and Growth, by Product
- Export Prices and Growth, by Product
- Production Volume and Growth
- Yield and Growth
- Exports and Growth
- Export Prices and Growth
- Market Size and Growth
- Per Capita Consumption
- Imports and Growth
- Import Prices
- Production, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Production, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Producing Animals: Historical Data (2012–2024) and Forecast (2025–2035)
- Yield: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, in Physical Terms, by Country, 2024
- Imports, in Physical Terms, by Country, 2012-2024
- Imports, in Value Terms, by Country, 2012-2024
- Import Prices, by Country, 2012-2024
- Exports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, in Physical Terms, by Country, 2024
- Exports, in Physical Terms, by Country, 2012-2024
- Exports, in Value Terms, by Country, 2012-2024
- Export Prices, by Country, 2012-2024
