Market research

Concentrated milk and cream market in Australia

Release date: Mar 27, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

The market volume for concentrated milk and cream in Australia showed modest growth from 2 003 t in 2018 to 2 044 t in 2019. A significant expansion occurred in 2020, with volume rising to 5 459 t, and this upward trend continued to 6 682 t in 2021.

In 2022, market volume leaped to 15 324 t. This surge was primarily driven by increased household consumption during the COVID-19 pandemic, which amplified home baking and cooking, directly boosting demand for concentrated milk and cream. Simultaneously, evolving dietary patterns in Australia, including a growing preference for premium and indulgent dairy products, widened the product's appeal. The market then stabilized, reaching 15 889 t in 2023.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2025
    3. 4.1.1.3. Exports, 2018-2025
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Australia
  1. 5.1.1. Annual dynamics of production in Australia in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Australia in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Exports
1. 6.1. Exports (Direct Data)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, t
    1. 6.1.2.1. Annual dynamics of product's exports from Australia in kind, 2018-2025, t
    2. 6.1.2.2. Dynamics of product's exports in kind from Australia by countries, 2018-2025, t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 6.1.3. Exports in value, M $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Australia in value, 2018-2025, M $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Australia by countries, 2018-2025, M $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 6.1.4. Average price of product's exports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Australia, 2018-2025, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from Australia by countries, 2018-2025, $ US/t
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, t
    1. 6.2.2.1. Annual dynamics of product's exports from Australia in kind, 2018-2025, t
    2. 6.2.2.2. Dynamics of product's exports in kind from Australia by countries, 2018-2025, t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 6.2.3. Exports in value, M $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Australia in value, 2018-2025, M $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Australia by countries, 2018-2025, M $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 6.2.4. Average price of product's exports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Australia, 2018-2025, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from Australia by countries, 2018-2025, $ US/t
7. Imports
1. 7.1. Imports (Direct Data)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, t
    1. 7.1.2.1. Annual dynamics of product's imports to Australia in kind, 2018-2025, t
    2. 7.1.2.2. Dynamics of product's imports in kind to Australia by countries, 2018-2025, t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 7.1.3. Imports in value, M $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Australia in value, 2018-2025, M $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Australia by countries, 2018-2025, M $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 7.1.4. Average price of product's imports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Australia, 2018-2025, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to Australia by countries, 2018-2025, $ US/t
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, t
    1. 7.2.2.1. Annual dynamics of product's imports to Australia in kind, 2018-2025, t
    2. 7.2.2.2. Dynamics of product's imports in kind to Australia by countries, 2018-2025, t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 7.2.3. Imports in value, M $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Australia in value, 2018-2025, M $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Australia by countries, 2018-2025, M $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 7.2.4. Average price of product's imports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Australia, 2018-2025, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to Australia by countries, 2018-2025, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, M $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, M $ US
9. Top buying and selling countries, 2018-2025
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production concentrated milk and cream in Australia

In kind, 2018-2021, t

Australia ranked 21st globally in concentrated milk and cream production from 2018 to 2021.

Top producers of concentrated milk and cream, 2018-2021

Source: SHEV.io

World map of production of concentrated milk and cream, 2018-2021

Source: SHEV.io

In 2021, Australia produced 47 218 tonnes of concentrated milk and cream, showing little change from the previous year. Production grew by 33.5% over the 2018-2021 period, with an average annual growth rate of 10.1%. The highest output was recorded in 2019 at 48 056 tonnes, which marked a 35.9% increase. The largest decline occurred in 2020, with a drop of 1.8%.

Annual dynamics of production in Australia in kind, 2018-2021, t

Parameter		2019	2020	2021	CAGR
1	Change from last year	35.9%	(1.8%)	0.0%	10.1%

Source: SHEV.io

In value, 2018-2021, K $ US

After two years of growth, concentrated milk and cream production in Australia declined in 2021. The output was valued at 96 292 thousand US dollars, down 1.3% from 2020. Over the 2018-2021 period, production increased by 24%, with an average annual growth rate of 7.4%. The peak value was reached in 2020 at 97 591 thousand US dollars, while the largest increase of 19.9% was recorded in 2019.

Annual dynamics of production in Australia in value, 2018-2021, K $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	19.9%	4.8%	(1.3%)	7.4%

Source: SHEV.io

Exports concentrated milk and cream from Australia

Exports in kind, t

Australia's concentrated milk and cream exports grew for the third consecutive year in 2021, reaching 52 556 tonnes, a 4.2% increase from the previous year. From 2018 to 2021, exports rose by 42.6%, equivalent to an annualized growth rate of 12.6%.

Annual dynamics of product's exports from Australia in kind, 2018-2021, t

Parameter		2019	2020	2021	CAGR
1	Change from last year	35.2%	1.3%	4.2%	12.6%

Source: SHEV.io

From 2018 to 2021, the main buyers of concentrated milk and cream from Australia were Asia, not elsewhere specified (29.1% of exports in volume), China (24.7%), and Malaysia (19.1%). Together, these markets accounted for 73.0% of total export volume.

Structure of product's exports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Australia in kind, 2018-2021

Source: SHEV.io

Exports in value, M $ US

Australia's concentrated milk and cream exports increased for the third year in a row in 2021, with a value of 107.2 million US dollars, up 2.7% from the previous year. Between 2018 and 2021, exports grew by 32.5%, representing an annualized rate of 9.8%.

Annual dynamics of product's exports from Australia in value, 2018-2021, M $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	19.3%	8.1%	2.7%	9.8%

Source: SHEV.io

From 2018 to 2021, the principal destinations for Australia's concentrated milk and cream exports in value terms were Asia, not elsewhere specified (34.7% of export value), Malaysia (19.8%), and China (17.8%). These three markets together made up 72.3% of total export flows.

Structure of product's exports in value by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Australia in value, 2018-2021

Source: SHEV.io

Imports concentrated milk and cream to Australia

Imports in kind, t

Australia's imports of concentrated milk and cream rose for the third consecutive year in 2021, totaling 12 020 tonnes, a sharp increase of 37.9% compared to 2020. Between 2018 and 2021, imports surged by 244.6%, equating to an annualized growth rate of 51.0%.

Annual dynamics of product's imports to Australia in kind, 2018-2021, t

Parameter		2019	2020	2021	CAGR
1	Change from last year	9.3%	128.6%	37.9%	51.0%

Source: SHEV.io

From 2018 to 2021, the Netherlands, Spain, and Lithuania were the three main sources for concentrated milk and cream imports into Australia, together accounting for 78.9% of total import volume.

Structure of product's imports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Australia in kind, 2018-2021

Source: SHEV.io

Imports in value, M $ US

Australia's imports of concentrated milk and cream increased for the third year in a row in 2021, with a value of 107.2 million US dollars, showing a dramatic gain of 43.6% from the previous year. Over the 2018-2021 period, imports grew by 233.7%, with an average annual growth rate of 49.4%.

Annual dynamics of product's imports to Australia in value, 2018-2021, M $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	0.3%	131.7%	43.6%	49.4%

Source: SHEV.io

From 2018 to 2021, the Netherlands (33.8% of import value), Spain (21.8%), and Lithuania (19.8%) consistently remained the top sources for concentrated milk and cream imports into Australia, together representing 75.5% of total import flows.

Structure of product's imports in value by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Australia in value, 2018-2021

Source: SHEV.io