Concentrated or sweetened milk and cream market in Portugal

Earlier Report Observations

The Portuguese market for concentrated or sweetened milk and cream expanded to 40 752 t in 2019, supported by industry innovation that introduced new products like pasture milk, lactose-free, and organic options, responding to consumer health and sustainability trends. However, the COVID-19 pandemic in 2020 caused a severe contraction, with market volume dropping to 16 370 t as lockdowns and shifting consumption patterns reduced demand.

Market recovery began in 2021, reaching 18 678 t despite rising production costs for feed and pressure on producer prices. Growth accelerated in 2022 and 2023, with volumes reaching 23 389 t and 31 270 t respectively, driven by increased consumption of dairy products and the sector's adaptation to challenges such as production concentration and adverse weather conditions like drought and heavy rains.

In 2024, the market volume declined to 27 683 t, while the industry continued to focus on sustainable practices, organic farming, and precision livestock farming to improve efficiency and environmental impact.

Production concentrated or sweetened milk and cream in Portugal

In value, 2018-2021, M $ US

In 2021, Portugal's output of concentrated or sweetened milk and cream was valued at 119.1 million US dollars, representing a robust 22.5% increase compared to 2020.

Annual dynamics of production in Portugal in value, 2018-2021, M $ US

In kind, 2018-2021, K t

Top producers of concentrated or sweetened milk and cream, 2018-2021

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

In 2021, Portugal produced 37.0 thousand tonnes of concentrated or sweetened milk and cream, marking a modest 9.0% rise from the previous year. Production decreased by 21.2% over the 2020-2021 period, with a compound annual growth rate of 7.6%. The peak was recorded in 2019 at 55.8 thousand tonnes. The largest decline occurred in 2020, falling by 39.3%, while the largest increase was in 2019, up by 19.1%.

Annual dynamics of production in Portugal in kind, 2018-2021, K t

Exports concentrated or sweetened milk and cream from Portugal

Exports in kind, t

Portugal's exports of concentrated or sweetened milk and cream increased for the third consecutive year. In 2021, exports reached 36 623 tonnes, showing a modest 6.9% rise compared to 2020. Between 2018 and 2021, exports grew by 42.6%, with a compound annual growth rate of 12.6%.

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

From 2018 to 2021, Spain, the Netherlands, and Italy were the main markets for Portugal's exports of concentrated or sweetened milk and cream in volume terms. Spain accounted for 42.8% of exports, the Netherlands for 27.4%, and Italy for 4.3%, together representing 74.6% of total flows.

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

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

Exports in value, M $ US

Portugal's export value of concentrated or sweetened milk and cream increased for the third consecutive year. In 2021, export value reached 111.9 million US dollars, showing a sharp 25.6% rise from the previous year. Between 2018 and 2021, exports grew by 104.7%, equating to an annualized rate of 27.0%.

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

From 2018 to 2021, Spain, the Netherlands, and Angola were the main destinations for Portugal's exports of concentrated or sweetened milk and cream in value terms. Spain accounted for 35.4% of exports, the Netherlands for 27.5%, and Angola for 5.8%, together representing 68.7% of total flows.

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

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

Imports concentrated or sweetened milk and cream to Portugal

Imports in kind, t

After a two-year decline, Portugal's imports of concentrated or sweetened milk and cream increased in volume. In 2021, imports totaled 18 352 tonnes, representing a 9.8% rise compared to the previous year. Between 2018 and 2021, imports grew by 3%, equating to an annualized rate of 1.0%. The lowest volume was recorded in 2020 at 16 719 tonnes, while the largest decline occurred in 2019, falling by 3.7%.

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

From 2018 to 2021, Spain, Germany, and the Netherlands were the primary suppliers of concentrated or sweetened milk and cream to Portugal in volume terms. Spain accounted for 60.1% of imports, Germany for 17.2%, and the Netherlands for 11.5%, together representing 88.9% of total imports.

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

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

Imports in value, M $ US

Portugal's import value of concentrated or sweetened milk and cream increased for the second consecutive year. In 2021, imports totaled 50.8 million US dollars, showing a substantial 20.4% rise compared to 2020. Between 2018 and 2021, imports grew by 27%, equating to an annualized rate of 8.3%. The lowest value was recorded in 2019 at 38.7 million US dollars, with the largest decline also in 2019, falling by 3.4%.

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

From 2018 to 2021, Spain, Germany, and the Netherlands continued to lead as suppliers of concentrated or sweetened milk and cream to Portugal in value terms. Spain accounted for 56.2% of imports, Germany for 18.9%, and the Netherlands for 12.9%, together representing 88.0% of total imports.

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

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