Report Update Nov 1, 2024

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

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Puerto Rico: Skim Milk Market 2024

Skim Milk Market Size in Puerto Rico

The Puerto Rican skim milk market stood at less than $X in 2021, remaining constant against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a relatively flat trend pattern.

Skim Milk Exports

Exports from Puerto Rico

In value terms, skim milk exports stood at less than $X in 2021. Over the period under review, exports recorded a relatively flat trend pattern.

Exports by Country

Saudi Arabia (X tons) and Germany (X tons) represented roughly 39% of total exports in 2021. The Netherlands (X tons) held a 9.9% share (based on physical terms) of total exports, which put it in second place, followed by France (9.1%) and Austria (7.6%). The following exporters - Ireland (X tons), South Africa (X tons), Belgium (X tons), Poland (X tons), Latvia (X tons), Egypt (X tons), Australia (X tons) and the UK (X tons) - together made up 19% of total exports.

From 2012 to 2021, the biggest increases were recorded for Ireland (with a CAGR of +36.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest skim milk supplying countries from Puerto Rico were Saudi Arabia ($X), Germany ($X) and the Netherlands ($X), with a combined 52% share of total exports.

Among the main exporting countries, the Netherlands, with a CAGR of +20.1%, recorded the highest growth rate of 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

In 2021, the export price in Puerto Rico amounted to less than $X per ton, flattening at the previous year. In general, the export price saw a relatively flat trend pattern.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while Ireland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+15.5%), while the other leaders experienced more modest paces of growth.

Skim Milk Imports

Imports into Puerto Rico

In value terms, skim milk imports totaled less than $X in 2021. Over the period under review, imports showed a relatively flat trend pattern.

Imports by Country

In 2021, Belgium (X tons), distantly followed by Italy (X tons), the Netherlands (X tons), China (X tons), Germany (X tons) and the United Arab Emirates (X tons) were the key importers of skim milk, together creating 70% of total imports. Mauritania (X tons), Poland (X tons), Kuwait (X tons), Bahrain (X tons), Spain (X tons), France (X tons) and Portugal (X tons) followed a long way behind the leaders.

Imports into Belgium increased at an average annual rate of +29.2% from 2012 to 2021. At the same time, the United Arab Emirates (+54.5%), China (+33.8%), Kuwait (+26.1%), Poland (+17.2%), Bahrain (+7.2%), Germany (+3.7%) and Mauritania (+2.5%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing importer imported in the world, with a CAGR of +54.5% from 2012-2021. By contrast, the Netherlands (-5.6%), Italy (-10.4%), Portugal (-11.0%), Spain (-18.8%) and France (-19.8%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Belgium, China, the United Arab Emirates, Kuwait, Germany and Poland increased by +23, +8, +6.9, +2.1, +2 and +1.9 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belgium ($X) constitutes the largest market for imported skim milk into Puerto Rico, comprising 34% of global imports. The second position in the ranking was taken by the Netherlands ($X), with a 13% share of global imports. It was followed by China, with an 8.6% share.

In Belgium, skim milk imports increased at an average annual rate of +39.3% over the period from 2012-2021. In the other countries, the average annual rates were as follows: the Netherlands (+7.1% per year) and China (+30.9% per year).

Import Prices by Country

The import price in Puerto Rico stood at less than $X per ton in 2021, approximately reflecting the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+13.5%), while the other leaders experienced more modest paces of growth.

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 comprising a further 36%.

What are the leading suppliers of skim milk to Puerto Rico?

In value terms, Belgium constitutes the largest market for imported skim milk into Puerto Rico, comprising 37% of global imports. The second position in the ranking was occupied by the Netherlands, with a 13% share of global imports. It was followed by China, with an 8.7% share.

What are the leading importers of skim milk from Puerto Rico?

In value terms, Saudi Arabia, Germany and the Netherlands appeared to be the countries with the highest levels of exports in 2021, together comprising 51% of total exports.

What is the average export price for skim milk in Puerto Rico?

In 2021, the skim milk export price in Puerto Rico amounted to $less than 0.1 per ton, therefore, remained relatively stable against the previous year.

What is the average import price for skim milk in Puerto Rico?

In 2021, the skim milk import price in Puerto Rico amounted to $less than 0.1 per ton, stabilizing at the previous year.

This report provides an in-depth analysis of the skim milk market in Puerto Rico. 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:

Puerto Rico

Data coverage:

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