Italy: Powdered Milk Market 2025

Powdered Milk Market Size in Italy

The Italian powdered milk market rose slightly to $X in 2022, picking up by 1.5% against the previous year. Over the period under review, consumption posted a resilient increase. Powdered milk consumption peaked in 2022 and is expected to retain growth in the near future.

Powdered Milk Production in Italy

In value terms, powdered milk production stood at $X in 2022 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 1% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Powdered Milk Exports

Exports from Italy

In 2022, powdered milk exports from Italy declined to X tons, dropping by -6.6% compared with the previous year's figure. Overall, exports, however, continue to indicate buoyant growth. The growth pace was the most rapid in 2015 when exports increased by 73% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports failed to regain momentum.

In value terms, powdered milk exports declined to $X in 2022. In general, exports, however, enjoyed a prominent expansion. The pace of growth was the most pronounced in 2014 when exports increased by 57% against the previous year. The exports peaked at $X in 2021, and then declined in the following year.

Exports by Country

France (X tons), Germany (X tons) and Spain (X tons) were the main destinations of powdered milk exports from Italy, with a combined 52% share of total exports. Austria, the Netherlands, Belgium, Greece, New Zealand, China, Slovenia, Luxembourg, Poland and the UK lagged somewhat behind, together accounting for a further 38%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of +56.8%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and Spain ($X) appeared to be the largest markets for powdered milk exported from Italy worldwide, with a combined 44% share of total exports. China, Austria, the Netherlands, New Zealand, Belgium, Greece, Slovenia, Luxembourg, Poland and the UK lagged somewhat behind, together comprising a further 44%.

In terms of the main countries of destination, China, with a CAGR of +69.9%, 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, reducing by -7.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2021 an increase of 18% against the previous year. As a result, the export price attained the peak level of $X per ton, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Spain ($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 the Netherlands (+13.0%), while the prices for the other major destinations experienced more modest paces of growth.

Powdered Milk Imports

Imports into Italy

In 2022, supplies from abroad of powdered milk increased by 16% 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 +4.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when imports increased by 19% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, powdered milk imports skyrocketed to $X in 2022. Over the period under review, imports continue to indicate resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), France (X tons) and the Netherlands (X tons) were the main suppliers of powdered milk imports to Italy, with a combined 68% share of total imports. Belgium, Poland and Ireland lagged somewhat behind, together accounting for a further 27%.

From 2012 to 2022, the biggest increases were recorded for Ireland (with a CAGR of +21.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest powdered milk suppliers to Italy were Germany ($X), France ($X) and the Netherlands ($X), together accounting for 69% of total imports. Belgium, Poland and Ireland lagged somewhat behind, together comprising a further 26%.

Ireland, with a CAGR of +23.6%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average powdered milk import price stood at $X per ton in 2022, growing by 25% against the previous year. Overall, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, powdered milk import price increased by +70.9% against 2016 indices. The pace of growth was the most pronounced in 2013 when the average import price increased by 26% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Germany ($X per ton) and Ireland ($X per ton), while the price for Poland ($X per ton) and France ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :