Report Update Nov 1, 2024

Mexico - Skim Milk of Cows - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Mexico: Skim Milk Market 2024

Skim Milk Market Size in Mexico

In 2021, the Mexican skim milk market decreased by -7% to $X for the first time since 2018, thus ending a two-year rising trend. The market value increased at an average annual rate of +1.6% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, consumption reached the peak level of $X, and then shrank in the following year.

Skim Milk Production in Mexico

In value terms, skim milk production contracted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.7% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 19% against the previous year. As a result, production attained the peak level of $X, and then declined in the following year.

Skim Milk Exports

Exports from Mexico

In 2021, shipments abroad of skim milk increased by 33% to X tons, rising for the third year in a row after four years of decline. Overall, exports recorded a strong increase. The pace of growth appeared the most rapid in 2020 with an increase of 95% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, skim milk exports skyrocketed to $X in 2021. Over the period under review, exports enjoyed a strong expansion. The growth pace was the most rapid in 2020 when exports increased by 129%. Over the period under review, the exports reached the peak figure in 2021 and are likely to see steady growth in the near future.

Exports by Country

The United States (X tons) was the main destination for skim milk exports from Mexico, accounting for a 58% share of total exports. Moreover, skim milk exports to the United States exceeded the volume sent to the second major destination, Guatemala (X tons), threefold.

From 2012 to 2021, the average annual growth rate of volume to the United States amounted to +122.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (+2.5% per year) and Belize (+2.9% per year).

In value terms, the United States ($X) remains the key foreign market for skim milk exports from Mexico, comprising 72% of total exports. The second position in the ranking was held by Guatemala ($X), with a 16% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States stood at +123.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (+0.8% per year) and Belize (+1.3% per year).

Export Prices by Country

The average skim milk export price stood at $X per ton in 2021, with an increase of 17% against the previous year. Over the last nine years, it increased at an average annual rate of +2.9%. The most prominent rate of growth was recorded in 2020 when the average export price increased by 18% against the previous year. The export price peaked in 2021 and is expected to retain growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+0.7%), while the prices for the other major destinations experienced a decline.

Skim Milk Imports

Imports into Mexico

In 2021, purchases abroad of skim milk decreased by -9.4% to X tons, falling for the third year in a row after three years of growth. Overall, imports, however, posted a strong expansion. The pace of growth appeared the most rapid in 2013 when imports increased by 160% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, skim milk imports shrank to $X in 2021. Over the period under review, imports, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2013 with an increase of 127%. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the United States (X tons) was the main supplier of skim milk to Mexico, accounting for a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from the United States stood at +13.3%.

In value terms, the United States ($X) constituted the largest supplier of skim milk to Mexico.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States totaled +13.0%.

Import Prices by Country

The average skim milk import price stood at $X per ton in 2021, surging by 8.9% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 54%. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to -0.3% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for skim milk in the world?

The countries with the highest volumes of skim milk consumption in 2021 were the United States, Germany and France, with a combined 29% share of global consumption. These countries were followed by New Zealand, Russia, Turkey, Ireland, Iran, the Netherlands, Poland, India, Belgium and Canada, which together accounted for a further 36%.

What are the largest producers of skim milk in the world?

The countries with the highest volumes of skim milk production in 2021 were the United States, Germany and France, with a combined 29% share of global production. New Zealand, Russia, Turkey, Ireland, Iran, the Netherlands, Poland, India, Canada and the UK lagged somewhat behind, together accounting for a further 36%.

What are the leading suppliers of skim milk to Mexico?

In value terms, the United States constituted the largest supplier of skim milk to Mexico.

What are the leading importers of skim milk from Mexico?

In value terms, the United States remains the key foreign market for skim milk exports from Mexico, comprising 72% of total exports. The second position in the ranking was occupied by Guatemala, with a 16% share of total exports.

What is the average export price for skim milk in Mexico?

The average skim milk export price stood at $645 per ton in 2021, reducing by -5.1% against the previous year.

What is the average import price for skim milk in Mexico?

In 2021, the average skim milk import price amounted to $756 per ton, surging by 8.9% against the previous year.

This report provides an in-depth analysis of the skim milk market in Mexico. 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 888 - Skim Milk of Cows

Country coverage:

Mexico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Mexico
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
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. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: 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, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Producing Animals Slaughtered, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023