Milk powder market in the United States

Earlier Report Observations

U.S. milk powder production increased from 1 132 тыс. т in 2018 to 1 316 тыс. т in 2021, then declined to 1 216 тыс. т in 2023. The domestic market volume reached a peak of 442 тыс. т in 2019, after which it gradually decreased, stabilizing around 390-400 тыс. т from 2021 to 2023.

Exports play a major role, accounting for the bulk of production. Export shipments grew from 763 тыс. т in 2018 to 934 тыс. т in 2021, then fell to 836 тыс. т in 2023. These export fluctuations directly affected the domestic market size, as production is largely export-oriented.

Imports remained marginal, staying below 20 тыс. т annually, with minimal impact on the overall market. From 2018 to 2023, U.S. domestic milk powder consumption contracted by roughly 10% from the 2019 peak, while production showed initial growth but later also declined.

Production milk powder in the United States

In kind, 2017-2020, K t

From 2017 to 2020, the United States ranked as the world's second-largest producer of milk powder.

Top producers of milk powder, 2017-2020

World map of production of milk powder, 2017-2020

Milk powder production in the United States grew for the third year in a row. In 2020, output reached 1 272 K t, marking a moderate increase of 8.6% compared to 2019. Over the 2017-2020 period, production rose by 12.7%, which translates to an average annual growth rate of 4.1%.

Annual dynamics of production in the United States in kind, 2017-2020, K t

In value, 2017-2020, M $ US

The value of milk powder production in the United States increased for the second consecutive year. In 2020, production was valued at 3 180 M $ US, showing a robust advance of 13.8% over the previous year. From 2017 to 2020, production grew by 33.6%, with a compound annual growth rate of 10.1%. The lowest value was recorded in 2018 at 2 179 M $ US, which saw the largest decline of 8.5%. In contrast, the largest increase occurred in 2019, with a jump of 28.2%.

Annual dynamics of production in the United States in value, 2017-2020, M $ US

Exports milk powder from the United States

Exports in kind, K t

In 2020, milk powder exports from the United States totaled 857.4 K t, rising by 15.3% year-over-year. Between 2017 and 2020, exports increased by 35%, equating to an annualized growth rate of 10.5%. The largest decline was recorded in 2019 at 2.6%, while the largest increase happened in 2018 with a 20.1% uptick.

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

From 2017 to 2020, Mexico, the Philippines, and Indonesia led the structure of milk powder exports in kind. Mexico accounted for 42.4% of exports, the Philippines for 11.5%, and Indonesia for 8.5%, together representing 62.5% of total export flows.

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

World map of product's exports from the United States in kind, 2017-2020

Exports in value, M $ US

The value of milk powder exports from the United States increased for the third consecutive year. In 2020, exports amounted to 2 144 M $ US, reflecting a 20.8% uptick from 2019. Over the 2017-2020 period, exports grew by 60%, with a compound annual growth rate of 17.0%.

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

Throughout 2017 to 2020, Mexico, the Philippines, and Indonesia were the key partners for milk powder exports in value terms from the United States. Mexico made up 41.6% of exports, the Philippines 11.2%, and Indonesia 8.7%, jointly accounting for 61.6% of total export flows.

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

World map of product's exports from the United States in value, 2017-2020

Imports milk powder to the United States

Imports in kind, K t

The data shows irregular changes, indicating a volatile market environment. The lowest import volume was recorded in 2018 at 7.0 K t, while the highest occurred in 2019 at 14.8 K t, resulting in a peak-to-trough ratio of 2.1 times. In 2020, imports to the United States came to 8.8 K t, which is 40.4% lower compared to 2019. The largest increase was recorded in 2019 at 112.0%.

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

From 2017 to 2020, Mexico and New Zealand together accounted for 82.2% of total milk powder imports in kind, with other countries forming a diversified but less significant portion.

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

World map of product's imports to the United States in kind, 2017-2020

Imports in value, M $ US

The value of milk powder imports to the United States increased for the second consecutive year. In 2020, imports reached 73 M $ US, indicating a dramatic improvement of 57.2% versus the previous year. Between 2017 and 2020, imports rose by 64.7%, equating to an annualized rate of 18.1%. The minimum value was recorded in 2018 at 38 M $ US, which saw the largest decline of 14.1%.

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

Throughout 2017 to 2020, Mexico, the Netherlands, and New Zealand remained the main markets for milk powder imports in value terms to the United States. Mexico accounted for 57.6% of imports, the Netherlands for 21.0%, and New Zealand for 11.3%, jointly taking 89.9% of total import flows.

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

World map of product's imports to the United States in value, 2017-2020