U.S. - Skimmed Milk - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2025

U.S. - Skimmed Milk - Market Analysis, Forecast, Size, Trends and Insights

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Powdered, Condensed Or Evaporated Milk Prices in the United States

U.S. Powdered, Condensed Or Evaporated Milk Export Price per Ton in May 2022

In May 2022, the powdered, condensed or evaporated milk price per ton amounted to $3.9K (FOB, US), with an increase of 4.2% against the previous month. Over the last four months, it increased at an average monthly rate of +4.7%. The pace of growth was the most pronounced in February 2022 when the average export price increased by 5.6% m-o-m. The export price peaked in May 2022.

Average prices varied noticeably for the major external markets. In May 2022, the countries with the highest prices were Vietnam ($4.3K per ton) and Honduras ($4.2K per ton), while the average price for exports to Peru ($3.6K per ton) and Colombia ($3.7K per ton) were amongst the lowest.

From January 2022 to May 2022, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (+12.0%), while the prices for the other major destinations experienced more modest paces of growth.

U.S. Powdered, Condensed Or Evaporated Milk Export Prices by Type

Average prices varied noticeably for the major types of exported product. In July 2022, the product with the highest price was powdered milk ($4.0K per ton), while the average price for exports of evaporated and condensed milk stood at $3.3K per ton.

From January 2022 to July 2022, the most notable rate of growth in terms of prices was recorded for the following types: evaporated and condensed milk (+7.3%).

U.S. Powdered, Condensed Or Evaporated Milk Exports

In July 2022, the amount of powdered, condensed or evaporated milk exported from the United States reduced to 69K tons, with a decrease of -8.8% compared with June 2022. The total export volume increased at an average monthly rate of +1.4% from January 2022 to July 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in March 2022 when exports increased by 26% month-to-month.

In value terms, powdered, condensed or evaporated milk exports reduced to $274M (IndexBox estimates) in July 2022. In general, total exports indicated temperate growth from January 2022 to July 2022: its value increased at an average monthly rate of +4.8% over the last six-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2022 figures, exports decreased by -20.9% against May 2022 indices. The pace of growth appeared the most rapid in March 2022 with an increase of 32% against the previous month.

U.S. Powdered, Condensed Or Evaporated Milk Exports by Type

Powdered milk (68K tons) was the largest type of powdered, condensed or evaporated milk exported from the United States, with a 98% share of total exports. It was followed by evaporated and condensed milk (1.2K tons), with a 1.7% share of total exports.

From January 2022 to July 2022, the average monthly growth rate of the volume of export of powdered milk amounted to +1.6%.

In value terms, powdered milk ($270M) remains the largest type of powdered, condensed or evaporated milk exported from the United States, comprising 99% of total exports. The second position in the ranking was taken by evaporated and condensed milk ($4M), with a 1.5% share of total exports.

From January 2022 to July 2022, the average monthly rate of growth in terms of the export volume of powdered milk stood at +4.9%.

U.S. Powdered, Condensed Or Evaporated Milk Exports by Country

Mexico (32K tons) was the main destination for powdered, condensed or evaporated milk exports from the United States, with a 36% share of total exports. Moreover, powdered, condensed or evaporated milk exports to Mexico exceeded the volume sent to the second major destination, Indonesia (11K tons), threefold. The third position in this ranking was held by the Philippines (9.4K tons), with an 11% share.

From January 2022 to May 2022, the average monthly rate of growth in terms of volume to Mexico totaled +9.9%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Indonesia (+28.4% per month) and the Philippines (-7.8% per month).

In value terms, Mexico ($125M) remains the key foreign market for powdered, condensed or evaporated milk exports from the United States, comprising 36% of total exports. The second position in the ranking was taken by Indonesia ($46M), with a 13% share of total exports. It was followed by the Philippines, with an 11% share.

From January 2022 to May 2022, the average monthly growth rate of value to Mexico stood at +13.8%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Indonesia (+36.3% per month) and the Philippines (-1.5% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for powdered, condensed or evaporated milk 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:

  • FCL 889 - Whole Milk, Condensed
  • FCL 894 - Whole Milk, Evaporated
  • FCL 895 - Skim Milk, Evaporated
  • FCL 896 - Skim Milk, Condensed
  • FCL 897 - Dry Whole Cow Milk
  • FCL 898 - Dry Skim Cow Milk

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND THE AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional EditionPRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and its Prospects

    1. MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    3. TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    4. PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    5. MARKET FORECAST TO 2035
  4. 4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION

    Finding New Products to Diversify Your Business

    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCTS
    4. MOST TRADED PRODUCTS
    5. MOST PROFITABLE PRODUCTS FOR EXPORTS
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Export

    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
    3. IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
    3. EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    4. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
    5. Imports, In Physical Terms, By Country, 2012-2024
    6. Imports, In Value Terms, By Country, 2012-2024
    7. Import Prices, By Country, 2012-2024
    8. Exports, In Physical Terms, By Country, 2012-2024
    9. Exports, In Value Terms, By Country, 2012-2024
    10. Exports Prices, By Country, 2012-2024
  12. LIST OF FIGURES

    1. Market Volume, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    2. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Market Structure – Domestic Supply Vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    4. Market Structure – Domestic Supply Vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    5. Trade Balance, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    6. Trade Balance, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    7. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
    8. Market Volume Forecast to 2035
    9. Market Value Forecast to 2035
    10. Market Size and Growth, by Type
    11. Average Per Capita Consumption, by Type, 2024
    12. Exports and Growth, by Type
    13. Export Prices and Growth, by Type
    14. Production Volume and Growth
    15. Yield and Growth
    16. Exports and Growth
    17. Export Prices and Growth
    18. Market Size and Growth
    19. Per Capita Consumption
    20. Imports and Growth
    21. Import Prices
    22. Production, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    23. Production, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    24. Producing Animals: Historical Data (2012–2024) and Forecast (2025–2035)
    25. Yield: Historical Data (2012–2024) and Forecast (2025–2035)
    26. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    27. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    28. Imports, in Physical Terms, by Country, 2024
    29. Imports, in Physical Terms, by Country, 2012-2024
    30. Imports, in Value Terms, by Country, 2012-2024
    31. Import Prices, by Country, 2012-2024
    32. Exports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    33. Exports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    34. Exports, in Physical Terms, by Country, 2024
    35. Exports, in Physical Terms, by Country, 2012-2024
    36. Exports, in Value Terms, by Country, 2012-2024
    37. Export Prices, by Country, 2012-2024
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