United Kingdom: Powdered Milk Market 2025

Powdered Milk Market Size in the UK

In 2022, the UK powdered milk market increased by 3.1% to $X, rising for the third year in a row after two years of decline. Over the period under review, the total consumption indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +107.0% against 2019 indices. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the near future.

Powdered Milk Production in the UK

In value terms, powdered milk production rose modestly to $X in 2022 estimated in export price. In general, the total production indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -4.3% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by 65%. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Powdered Milk Exports

Exports from the UK

In 2022, overseas shipments of powdered milk decreased by -5.6% to X tons, falling for the third year in a row after three years of growth. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of 44%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, powdered milk exports skyrocketed to $X in 2022. Overall, total exports indicated notable growth from 2012 to 2022: its value increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -6.4% against 2019 indices. The pace of growth was the most pronounced in 2013 with an increase of 48%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

The Netherlands (X tons) was the main destination for powdered milk exports from the UK, accounting for a 23% share of total exports. Moreover, powdered milk exports to the Netherlands exceeded the volume sent to the second major destination, Egypt (X tons), threefold. The third position in this ranking was held by the United States (X tons), with a 5.8% share.

From 2012 to 2022, the average annual growth rate of volume to the Netherlands totaled +9.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Egypt (+60.8% per year) and the United States (+55.8% per year).

In value terms, the largest markets for powdered milk exported from the UK were the Netherlands ($X), the United States ($X) and Egypt ($X), with a combined 36% share of total exports. Pakistan, Algeria, Peru, Morocco, the United Arab Emirates, Ireland, Saudi Arabia, Libya, Malaysia and Germany lagged somewhat behind, together comprising a further 26%.

Among the main countries of destination, Pakistan, with a CAGR of +100.9%, 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, growing by 24% against the previous year. In general, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, powdered milk export price increased by +82.0% against 2019 indices. The growth pace was the most rapid in 2013 an increase of 26% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Germany ($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 Ireland (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.

Powdered Milk Imports

Imports into the UK

In 2022, powdered milk imports into the UK reduced to X tons, which is down by -13.7% on the previous year's figure. Overall, imports saw a deep slump. The growth pace was the most rapid in 2016 with an increase of 14%. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, powdered milk imports skyrocketed to $X in 2022. Over the period under review, imports continue to indicate a pronounced downturn. The pace of growth was the most pronounced in 2013 when imports increased by 22%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Ireland (X tons) constituted the largest powdered milk supplier to the UK, accounting for a 62% share of total imports. Moreover, powdered milk imports from Ireland exceeded the figures recorded by the second-largest supplier, France (X tons), threefold. The Netherlands (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Ireland stood at -3.3%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-11.4% per year) and the Netherlands (-7.3% per year).

In value terms, Ireland ($X) constituted the largest supplier of powdered milk to the UK, comprising 58% of total imports. The second position in the ranking was taken by France ($X), with a 17% share of total imports. It was followed by the Netherlands, with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Ireland totaled +4.7%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-6.2% per year) and the Netherlands (+0.4% per year).

Import Prices by Country

In 2022, the average powdered milk import price amounted to $X per ton, increasing by 35% against the previous year. Overall, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +6.5% 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 +123.8% against 2016 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the Netherlands ($X per ton) and Germany ($X per ton), while the price for Ireland ($X per ton) and France ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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