EU: Milk Market 2024

Milk Market Size in the EU

The EU milk market expanded to $X in 2022, picking up by X% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Milk Production in the EU

In value terms, milk production reached $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X%. The level of production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

The countries with the highest volumes of production in 2022 were Germany (X tons), France (X tons) and Poland (X tons), together accounting for X% of total production. The Netherlands, Italy, Ireland, Spain, Belgium, Denmark, Austria, Romania, the Czech Republic and Sweden lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the leading producing countries, was attained by Ireland (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.

Milk Exports

Exports in the EU

In 2022, the amount of milk exported in the European Union shrank slightly to X tons, falling by X% compared with 2021 figures. Over the period under review, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 when exports increased by X%. The volume of export peaked at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, milk exports rose markedly to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when exports increased by X%. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X tons), Belgium (X tons), the Czech Republic (X tons), Poland (X tons), France (X tons), Austria (X tons), the Netherlands (X tons), Latvia (X tons), Hungary (X tons), Slovenia (X tons), Luxembourg (X tons) and Denmark (X tons) represented roughly X% of total exports in 2022.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Poland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and the Czech Republic ($X) were the countries with the highest levels of exports in 2022, together comprising X% of total exports. Poland, France, Austria, the Netherlands, Latvia, Denmark, Hungary, Slovenia and Luxembourg lagged somewhat behind, together accounting for a further X%.

Poland, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per ton in 2022, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2017 when the export price increased by X%. The level of export peaked in 2022 and is likely to continue growth in years to come.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Denmark ($X per ton) and Germany ($X per ton), while Latvia ($X per ton) and the Czech Republic ($X per ton) were amongst the lowest.

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

Milk Imports

Imports in the EU

After four years of decline, overseas purchases of milk increased by X% to X tons in 2022. Over the period under review, imports saw a relatively flat trend pattern. Over the period under review, imports reached the maximum at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, milk imports skyrocketed to $X in 2022. The total import value increased at an average annual rate of X% 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 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

Germany represented the largest importer of milk in the European Union, with the volume of imports amounting to X tons, which was approx. X% of total imports in 2022. Belgium (X tons) ranks second in terms of the total imports with a X% share, followed by the Netherlands (X%), Italy (X%), Ireland (X%) and Lithuania (X%). Croatia (X tons) took a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to milk imports into Germany stood at X%. At the same time, Croatia (X%), Ireland (X%), Belgium (X%), the Netherlands (X%) and Lithuania (X%) displayed positive paces of growth. Moreover, Croatia emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2022. By contrast, Italy (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Germany, Belgium, the Netherlands, Ireland, Lithuania and Croatia increased by X, X, X, X, X and X percentage points, respectively.

In value terms, Germany ($X) constitutes the largest market for imported milk in the European Union, comprising X% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total imports. It was followed by Belgium, with a X% share.

In Germany, milk imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the Netherlands (X% per year) and Belgium (X% per year).

Import Prices by Country

The import price in the European Union stood at $X per ton in 2022, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 when the import price increased by X%. Over the period under review, import prices hit record highs in 2022 and is likely to see steady growth in years to come.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in the Netherlands ($X per ton) and Ireland ($X per ton), while Belgium ($X per ton) and Lithuania ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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