Market research

Concentrated sweetened milk and cream market in Europe

Release date: Mar 27, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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"Europe" region includes following countries:

Albania

Andorra

Bosnia and Herzegovina

Croatia

Gibraltar

Greece

the Holy See

Italy

Malta

Montenegro

Portugal

San Marino

Serbia

Slovenia

Spain

North Macedonia

Bulgaria

Belarus

Czechia

Hungary

Moldova

Poland

Romania

Russia

Slovakia

Ukraine

Denmark

Estonia

Faroe Islands

Finland

Åland Islands

Iceland

Ireland

Latvia

Lithuania

Norway

Sweden

the United Kingdom

Isle of Man

Austria

Belgium

France

Germany

Liechtenstein

Luxembourg

Monaco

the Netherlands

Switzerland

Earlier Report Observations

The market for concentrated sweetened milk and cream in Europe experienced significant volume fluctuations between 2018 and 2023. Starting at 1 012 thousand tons in 2018, consumption dropped sharply to 700 thousand tons in 2020 and further to 560 thousand tons in 2021. A partial recovery followed in 2022, bringing the market to 789 thousand tons, before another decline to 723 thousand tons in 2023. In value terms, the market contracted to $5 370 million in 2021 but rebounded strongly to $7 735 million by 2023.

The volume decline in 2023 coincided with a period of limited dynamism in global milk production, particularly in European surplus basins. International trade for dairy powders slowed down, which indirectly affected the European sweetened condensed milk market by constraining supply chains and influencing raw material availability.

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, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
  2. 4.1.2. In value
    1. 4.1.2.1. Production, 2018-2023
    2. 4.1.2.2. Imports, 2018-2024
    3. 4.1.2.3. Exports, 2018-2024
    4. 4.1.2.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Europe
  1. 5.1.1. Annual dynamics of production in Europe in kind, 2018-2023, K t
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K 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, K 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. Imports
1. 6.1. Imports (Direct Data*)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, K t
    1. 6.1.2.1. Annual dynamics of product's imports to Albania in kind, 2018-2024, K t
    2. 6.1.2.2. Dynamics of product's imports in kind to Albania by countries, 2018-2024, K t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, M $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Albania in value, 2018-2024, M $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Albania by countries, 2018-2024, M $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Albania, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Albania by countries, 2018-2024, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, K t
    1. 6.2.2.1. Annual dynamics of product's imports to Albania in kind, 2018-2024, K t
    2. 6.2.2.2. Dynamics of product's imports in kind to Albania by countries, 2018-2024, K t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, M $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Albania in value, 2018-2024, M $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Albania by countries, 2018-2024, M $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Albania, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Albania by countries, 2018-2024, $ US/t
7. Exports
1. 7.1. Exports (Direct Data*)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, K t
    1. 7.1.2.1. Annual dynamics of product's exports from Albania in kind, 2018-2024, K t
    2. 7.1.2.2. Dynamics of product's exports in kind from Albania by countries, 2018-2024, K t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, M $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Albania in value, 2018-2024, M $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Albania by countries, 2018-2024, M $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Albania, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Albania by countries, 2018-2024, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, K t
    1. 7.2.2.1. Annual dynamics of product's exports from Albania in kind, 2018-2024, K t
    2. 7.2.2.2. Dynamics of product's exports in kind from Albania by countries, 2018-2024, K t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, M $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Albania in value, 2018-2024, M $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Albania by countries, 2018-2024, M $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Albania, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Albania by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, K t
  2. 8.1.2. In value, M $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, K t
  2. 8.2.2. In value, M $ US
9. Top buying and selling countries, 2018-2024
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 sweetened milk and cream in Europe

In kind, 2017-2020, K t

Top producers of concentrated sweetened milk and cream, 2017-2020

Source: SHEV.io

World map of production of concentrated sweetened milk and cream, 2017-2020

Source: SHEV.io

Europe's production of concentrated sweetened milk and cream has declined for the second year in a row. In 2020, output reached 742 thousand tonnes, marking a 24.2% decrease compared to the previous year. Looking back from 2017 to 2020, production fell by 27%, which translates to an average annual decline of 10.0%. The peak was in 2018, with 1 036 thousand tonnes produced, and that year also saw the largest increase at 1.9%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	1.9%	(5.4%)	(24.2%)	(10.0%)

Source: SHEV.io

In value, 2017-2020, M $ US

The value of concentrated sweetened milk and cream production in Europe has dropped for the third consecutive year. In 2020, production was valued at 2 385 million US dollars, down 9.5% from 2019. From 2017 to 2020, the value decreased by 35.3%, averaging an annual decline of 13.5%.

Annual dynamics of production in Europe in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(8.1%)	(22.2%)	(9.5%)	(13.5%)

Source: SHEV.io

Exports concentrated sweetened milk and cream from Europe

Exports in kind, K t

Following two years of growth, Europe's exports of concentrated sweetened milk and cream by volume declined in 2020. Exports stood at 202.1 thousand tonnes, a significant 17.3% drop year-over-year. Over the 2017-2020 period, exports overall increased by 13.7%, with a compound annual growth rate of 4.4%. The highest volume was recorded in 2019 at 244.3 thousand tonnes, which also saw the largest increase of 30.8%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	5.1%	30.8%	(17.3%)	4.4%

Source: SHEV.io

From 2017 to 2020, Saudi Arabia, Kazakhstan, and China were notable but not dominant buyers of concentrated sweetened milk and cream from Europe. Saudi Arabia accounted for 3.9% of exports by volume, Kazakhstan for 3.0%, and China for 2.9%. Together, their combined share reached just 9.8% of total exports in kind.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, M $ US

In 2020, Europe's exports of concentrated sweetened milk and cream by value amounted to 649.2 million US dollars, showing a slight decline of 1.1% from the previous year. The lowest value was in 2018 at 610.7 million US dollars, with the largest decline that year at 5.3%. The peak occurred in 2019 at 656.5 million US dollars, which also experienced the largest increase of 7.5%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(5.3%)	7.5%	(1.1%)	0.2%

Source: SHEV.io

Between 2017 and 2020, Europe's exports of concentrated sweetened milk and cream in value terms were spread across many markets. China, Hong Kong, and Saudi Arabia together accounted for only 15.6% of total flows. Specifically, China represented 7.7% of exports by value, Hong Kong 4.5%, and Saudi Arabia 3.5%.

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

Source: SHEV.io

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

Source: SHEV.io

Imports concentrated sweetened milk and cream to Europe

Imports in kind, K t

After two years of growth, Europe's imports of concentrated sweetened milk and cream by volume declined in 2020. Imports totaled approximately 160.1 thousand tonnes, a moderate decrease of 10.0% year-over-year. From 2017 to 2020, imports increased by 27.6%, averaging an annual growth rate of 8.5%. The highest volume was in 2019 at 177.8 thousand tonnes, while the largest increase occurred in 2018 at 29.6%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	29.6%	9.3%	(10.0%)	8.5%

Source: SHEV.io

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, M $ US

Following two years of increase, Europe's imports of concentrated sweetened milk and cream by value declined in 2020. Imports came to 468.9 million US dollars, reflecting a 2.5% drop from the year before. Over the 2017-2020 period, imports rose by 4%, with a compound annual growth rate of 1.3%. The peak value was in 2019 at 481.1 million US dollars, and the largest increase was in 2018 at 4.6%.

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