U.S. Fluid Milk Market. Analysis And Forecast to 2030
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View PricingFluid Milk Prices in the United States
U.S. Fluid Milk Export Price in September 2022
In September 2022, the fluid milk price stood at $2,638 per ton (FOB, US), shrinking by -2.3% against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2022 when the average export price increased by 3.8% against the previous month. Over the period under review, the average export prices hit record highs at $2,741 per ton in May 2022; however, from June 2022 to September 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major external markets. In September 2022, the countries with the highest prices were Thailand ($3,447 per ton) and the Philippines ($2,968 per ton), while the average price for exports to Canada ($2,573 per ton) and Taiwan (Chinese) ($2,581 per ton) were amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+1.1%), while the prices for the other major destinations experienced more modest paces of growth.
U.S. Fluid Milk Exports
In September 2022, overseas shipments of fluid milk decreased by -7.1% to 10K tons, falling for the fourth month in a row after two months of growth. In general, total exports indicated measured growth from January 2022 to September 2022: its volume increased at an average monthly rate of +3.3% over the last eight months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, exports decreased by -38.2% against May 2022 indices. The most prominent rate of growth was recorded in February 2022 with an increase of 56% month-to-month. The exports peaked at 17K tons in May 2022; however, from June 2022 to September 2022, the exports remained at a lower figure.
In value terms, fluid milk exports contracted to $27M (IndexBox estimates) in September 2022. Over the period under review, total exports indicated notable growth from January 2022 to September 2022: its value increased at an average monthly rate of +3.5% over the last eight-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, exports decreased by -40.5% against May 2022 indices. The most prominent rate of growth was recorded in February 2022 when exports increased by 59% month-to-month. The exports peaked at 46K tons in May 2022; however, from June 2022 to September 2022, the exports failed to regain momentum.
U.S. Fluid Milk Exports by Country
Canada (5.2K tons) was the main destination for fluid milk exports from the United States, accounting for a 50% share of total exports. Moreover, fluid milk exports to Canada exceeded the volume sent to the second major destination, Mexico (1.8K tons), threefold. The third position in this ranking was held by Taiwan (Chinese) (1.4K tons), with a 13% share.
From January 2022 to September 2022, the average monthly growth rate of volume to Canada stood at +4.2%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Mexico (+2.5% per month) and Taiwan (Chinese) (+2.8% per month).
In value terms, Canada ($13M) remains the key foreign market for fluid milk exports from the United States, comprising 49% of total exports. The second position in the ranking was held by Mexico ($4.6M), with a 17% share of total exports. It was followed by Taiwan (Chinese), with a 13% share.
From January 2022 to September 2022, the average monthly growth rate of value to Canada totaled +4.2%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Mexico (+2.5% per month) and Taiwan (Chinese) (+2.8% per month).
This report provides an in-depth analysis of the fluid milk market in the U.S.. 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:
- NAICS 311511 - Fluid milk manufacturing
Companies mentioned:
- Dean Foods Company
- Whitewave Foods Company
- The Dannon Company
- HP Hood
- Turkey Hill
- Prairie Farms Dairy
- Hiland Dairy Foods Company.
- California Dairies
- Byrne Dairy
- Agri-Mark
- United Dairy
- Chobani
- Upstate Niagara Cooperative
- Plains Dairy
- United Dairymen of Arizona
- Suiza Dairy Corporation
- Borden Dairy Company
- Stremicks Heritage Foods
- Mayfield Dairy Farms
- Purity Dairies
- Southern Foods Group
- Garelick Farms
- Country Fresh
- Land-O-Sun Dairies
- Northwest Dairy Association
- SFG Management Limited Liability Company
- Wwf Operating Company
- Crowley Foods
- Readington Farms
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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 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 Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume 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, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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