Belgium: Powdered Milk Market 2025

Powdered Milk Market Size in Belgium

In 2022, the Belgian powdered milk market increased by 65% to $X, rising for the second consecutive year after two years of decline. Overall, consumption showed strong growth. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in years to come.

Powdered Milk Production in Belgium

In value terms, powdered milk production expanded remarkably to $X in 2022 estimated in export price. Overall, the total production indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -5.1% against 2020 indices. The pace of growth was the most pronounced in 2020 when the production volume increased by 25% against the previous year. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Powdered Milk Exports

Exports from Belgium

In 2022, shipments abroad of powdered milk decreased by -22.6% to X tons, falling for the second consecutive year after four years of growth. Over the period under review, exports recorded a pronounced decline. The most prominent rate of growth was recorded in 2020 when exports increased by 17%. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, powdered milk exports contracted modestly to $X in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 39% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X tons), Indonesia (X tons) and France (X tons) were the main destinations of powdered milk exports from Belgium, together accounting for 33% of total exports. Algeria, the Philippines, Germany, Italy, Poland, Saudi Arabia, Thailand, Yemen, Malaysia and Vietnam lagged somewhat behind, together comprising a further 41%.

From 2012 to 2022, the biggest increases were recorded for Yemen (with a CAGR of +47.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X), France ($X) and Algeria ($X) appeared to be the largest markets for powdered milk exported from Belgium worldwide, together accounting for 30% of total exports. The Netherlands, the Philippines, Italy, Germany, Poland, Saudi Arabia, Yemen, Thailand, Malaysia and Vietnam lagged somewhat behind, together comprising a further 42%.

Among the main countries of destination, Yemen, with a CAGR of +49.8%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average powdered milk export price stood at $X per ton in 2022, rising by 23% against the previous year. In general, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, powdered milk export price increased by +49.6% against 2017 indices. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Algeria ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.

Powdered Milk Imports

Imports into Belgium

For the third year in a row, Belgium recorded growth in overseas purchases of powdered milk, which increased by 0.3% to X tons in 2022. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 29%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, powdered milk imports surged to $X in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest supplier of powdered milk to Belgium, accounting for a 46% share of total imports. Moreover, powdered milk imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. France (X tons) ranked third in terms of total imports with a 19% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Netherlands stood at +5.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+1.8% per year) and France (-6.7% per year).

In value terms, the largest powdered milk suppliers to Belgium were the Netherlands ($X), Germany ($X) and France ($X), with a combined 80% share of total imports. Ireland, the UK, Poland and Denmark lagged somewhat behind, together comprising a further 16%.

In terms of the main suppliers, Denmark, with a CAGR of +175.2%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average powdered milk import price amounted to $X per ton, with an increase of 21% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 23% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ireland ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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