Benelux: Whole Fresh Milk Market 2024

Whole Fresh Milk Market Size in Benelux

The Benelux whole fresh milk market expanded to $X in 2022, surging by 4.5% against the previous year. The market value increased at an average annual rate of +3.8% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Whole Fresh Milk Production in Benelux

In value terms, whole fresh milk production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of +4.4% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when the production volume increased by 29%. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

The Netherlands (X tons) constituted the country with the largest volume of whole fresh milk production, comprising approx. 75% of total volume. Moreover, whole fresh milk production in the Netherlands exceeded the figures recorded by the second-largest producer, Belgium (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume in the Netherlands totaled +2.2%. The remaining producing countries recorded the following average annual rates of production growth: Belgium (+3.8% per year) and Luxembourg (+4.4% per year).

Whole Fresh Milk Exports

Exports in Benelux

In 2022, overseas shipments of whole fresh milk increased by 2% to X tons, rising for the second year in a row after two years of decline. The total export volume increased at an average annual rate of +1.2% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 22%. The volume of export peaked in 2022 and is likely to see steady growth in the near future.

In value terms, whole fresh milk exports expanded remarkably to $X in 2022. The total export value increased at an average annual rate of +3.0% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when exports increased by 33%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Belgium represented the largest exporting country with an export of around X tons, which finished at 59% of total exports. The Netherlands (X tons) took the second position in the ranking, followed by Luxembourg (X tons). All these countries together took approx. 41% share of total exports.

Exports from Belgium increased at an average annual rate of +2.0% from 2012 to 2022. At the same time, Luxembourg (+6.8%) displayed positive paces of growth. Moreover, Luxembourg emerged as the fastest-growing exporter exported in Benelux, with a CAGR of +6.8% from 2012-2022. By contrast, the Netherlands (-2.9%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Luxembourg and Belgium increased by +7.6 and +4.4 percentage points, respectively.

In value terms, Belgium ($X) remains the largest whole fresh milk supplier in Benelux, comprising 58% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 26% share of total exports.

In Belgium, whole fresh milk exports expanded at an average annual rate of +3.7% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the Netherlands (-0.6% per year) and Luxembourg (+9.9% per year).

Export Prices by Country

The export price in Benelux stood at $X per ton in 2022, growing by 12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The pace of growth appeared the most rapid in 2013 an increase of 21%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the export prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Luxembourg ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Luxembourg (+2.9%), while the other leaders experienced more modest paces of growth.

Whole Fresh Milk Imports

Imports in Benelux

In 2022, purchases abroad of whole fresh milk increased by 18% to X tons, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of +1.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, whole fresh milk imports skyrocketed to $X in 2022. The total import value increased at an average annual rate of +3.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the Netherlands (X tons) was the largest importer of whole fresh milk, generating 63% of total imports. It was distantly followed by Belgium (X tons), comprising a 35% share of total imports. Luxembourg (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by the Netherlands (with a CAGR of +7.3%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, the Netherlands ($X), Belgium ($X) and Luxembourg ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined 99.9% share of total imports.

The Netherlands, with a CAGR of +7.9%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per ton, surging by 14% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2013 an increase of 21%. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Luxembourg ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+2.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform