Milk market in Cambodia

Earlier Report Observations

The Cambodian milk market experienced volatility between 2018 and 2020. After reaching 44.5 thousand tons in 2018, market volume dipped to 41.1 thousand tons in 2019. The following year, however, saw a sharp recovery to 49.8 thousand tons, a 21% increase. This rebound was facilitated by the expansion of modern trade and online distribution channels, which improved product accessibility for consumers despite broader economic headwinds.

From 2021 onward, the market entered a phase of sustained growth. The entry of new players and the expansion of UHT and fresh milk processing plants helped lift market volume to 52.0 thousand tons in 2021. Continued investment in dairy processing infrastructure, coupled with evolving consumer preferences toward healthier and fortified products, supported further growth to 56.7 thousand tons by 2023. Government support for domestic dairy farming and clearer labeling regulations also bolstered consumer confidence during this period.

Production milk in Cambodia

In kind, 2017-2020, t

Top producers of milk, 2017-2020

World map of production of milk, 2017-2020

After two years of decline, milk production in Cambodia increased. In 2019, production reached its lowest point at 24 238 tons. The following year, in 2020, Cambodia produced 24 276 tons of milk, showing only a marginal fluctuation compared to 2019. The largest decline occurred in 2018, with a decrease of 0.6%.

Annual dynamics of production in Cambodia in kind, 2017-2020, t

Exports milk from Cambodia

Exports in kind, t

The data reveals irregular changes, indicating a volatile market environment. Export volumes hit their lowest point in 2017, then peaked in 2018 with a dramatic increase of 111,638.4%. The maximum value was recorded in 2018 at 4 625 tons. In 2019, milk volumes leaving Cambodia totaled 3 741 tons, representing a robust year-on-year decline of 19.1%. The difference between the peak in 2018 and the low in 2017 was substantial, with a top-to-bottom ratio of 1 117 times.

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

Throughout the period from 2017 to 2020, Vietnam remained the dominant and almost sole destination for Cambodia's milk exports in kind, accounting for 99.7% of the total.

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

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

Exports in value, K $ US

The market exhibited an unstable trend throughout the timeframe. Export values fell to their lowest point in 2017, then registered their peak in 2018 with a significant increase of 1,660.2%. The maximum value was recorded in 2018 at 9 687 thousand US dollars. In 2019, foreign milk supplies from Cambodia amounted to 4 640 thousand US dollars, which is 52.1% less than the prior year. The gap between the peak in 2018 and the low in 2017 was notable, with an 18-fold difference.

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

Throughout 2017–2020, Vietnam was the key partner for Cambodia's milk exports in value terms, accounting for 99.7% of total flows.

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

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

Imports milk to Cambodia

Imports in kind, t

Cambodia's milk imports showed significant growth over the period. The largest decline was recorded in 2019 at 16.7%, while the largest increase occurred in 2018 with a rise of 48.4%. In 2020, Cambodia imported 25 554 tons of milk, constituting a significant improvement of 23.7% over the previous year. Between 2017 and 2020, imports increased by 53%, equating to an annualized growth rate of 15.2%.

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

Over the period from 2017 to 2020, Thailand, Australia, and France consistently occupied leading positions in Cambodia's milk imports in kind. Thailand accounted for 51.9% of imports, Australia for 9.4%, and France for 7.3%. Together, these three countries represented 68.6% of total import flows.

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

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

Imports in value, K $ US

Cambodia's volume of milk imports increased for the third consecutive year. In 2020, imports amounted to 33 835 thousand US dollars, which is 28.7% more compared with 2019. Over the period from 2017 to 2020, imports increased by 73.7%, with a compound annual growth rate (CAGR) of 20.2%.

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

Over the period from 2017 to 2020, Thailand, the United States, and New Zealand were the main sources for Cambodia's milk imports in value terms. Thailand accounted for 52.5% of imports, the United States for 9.6%, and New Zealand for 6.9%. Together, these three countries absorbed 69.0% of total imports in value terms.

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

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