Concentrated not sweetened milk and cream market in Americas

Earlier Report Observations

The market for concentrated not sweetened milk and cream in the Americas showed a clear growth phase from 2018 to 2020, with volume increasing by over 10% to reach 1 078 thousand tonnes. This expansion coincided with a steady rise in domestic production, which surpassed 1 000 thousand tonnes during the same period.

Following the 2020 peak, the market volume entered a sustained contraction, falling to 984 thousand tonnes by 2023. The decline was accompanied by a reduction in import volumes, which dropped by more than half from their 2020 level, while domestic production also moderated from its 2021 high.

Production concentrated not sweetened milk and cream in Americas

In kind, 2017-2020, K t

Top producers of concentrated not sweetened milk and cream, 2017-2020

World map of production of concentrated not sweetened milk and cream, 2017-2020

Production of concentrated unsweetened milk and cream in the Americas has risen for the third year in a row. In 2020, output reached 1 027 thousand tonnes, marking a modest 6.4% increase from 2019. Over the period from 2017 to 2020, production grew by 11%, which translates to an average annual growth rate of 3.5%.

Annual dynamics of production in Americas in kind, 2017-2020, K t

Exports concentrated not sweetened milk and cream from Americas

Exports in kind, t

Exports of concentrated unsweetened milk and cream from the Americas have fallen for the second consecutive year. In 2020, exports totaled 9 750 tonnes, a significant 35.3% drop compared to 2019. From 2017 to 2020, exports decreased by 30.6%, averaging an 11.5% annual decline. The peak was in 2018 at 17 779 tonnes, with the largest year-on-year increase of 26.5% also occurring that year.

Annual dynamics of product's exports from Americas in kind, 2017-2020, t

Between 2017 and 2020, the export destinations for concentrated unsweetened milk and cream from the Americas were quite diverse. Gambia accounted for 3.2% of exports, Libya for 2.4%, and Liberia for 1.1%, with these three countries together representing just 6.7% of total export volumes.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Americas in kind, 2017-2020

Exports in value, M $ US

The value of concentrated unsweetened milk and cream exports from the Americas has declined for the second year in a row. In 2020, exports were valued at 107.6 million US dollars, down 2.1% from the previous year. Over the 2017-2020 period, export value fell by 2.3%, with a compound annual growth rate of -0.8%. The highest value was recorded in 2018 at 121.4 million US dollars, with the largest increase of 10.3% that year and the largest decrease of 9.6% in 2019.

Annual dynamics of product's exports from Americas in value, 2017-2020, M $ US

From 2017 to 2020, concentrated unsweetened milk and cream from the Americas was exported to numerous countries. Even the top destinations—Libya, Gambia, and Liberia—collectively accounted for only 6.9% of total export value, highlighting the fragmented nature of the market.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Americas in value, 2017-2020

Imports concentrated not sweetened milk and cream to Americas

Imports in kind, t

After a two-year decline, imports of concentrated unsweetened milk and cream into the Americas rebounded in 2020. Import volumes reached 60 762 tonnes, a substantial 33.5% increase from 2019. Between 2017 and 2020, imports rose by 27.4%, averaging an 8.4% annual growth rate. The lowest volume was in 2019 at 45 522 tonnes, with the largest year-on-year decrease of 4.2% also occurring that year.

Annual dynamics of product's imports to Americas in kind, 2017-2020, t

During 2017-2020, key suppliers of concentrated unsweetened milk and cream to the Americas included the Netherlands with 4.9% of import volumes, Germany with 4.1%, and Malaysia with 3.2%. However, their combined share was only 12.2%, indicating no single country dominated the import market.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Americas in kind, 2017-2020

Imports in value, M $ US

In 2020, the value of concentrated unsweetened milk and cream imports into the Americas stood at 119.1 million US dollars, a notable 17.2% increase from the previous year. From 2017 to 2020, import value grew by 17.3%, with an average annual rate of 5.5%. The largest decline occurred in 2019, with a 4.9% drop.

Annual dynamics of product's imports to Americas in value, 2017-2020, M $ US

The import partner structure in value terms from 2017 to 2020 was highly fragmented. The Netherlands accounted for 5.1% of import value, Germany for 4.6%, and New Zealand for 4.1%, with these three countries together making up just 13.8% of total flows and no individual country holding a dominant share.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Americas in value, 2017-2020