Milk powder with fat content of ≤1.5% market in Finland

Earlier Report Observations

The market for milk powder with ≤1.5% fat in Finland began the period supported by EU subsidies for schools and kindergartens to purchase low-fat dairy products, which helped establish demand. After a temporary dip in 2019, market volume rose to 10.7 million US dollars in 2020 as health awareness during the pandemic increased consumer preference for reduced-fat items.

From 2021 onward, the market experienced consistent growth, reaching 16.3 million US dollars by 2023. This expansion was primarily driven by new and tightening nutritional recommendations promoting dairy with a maximum fat content of 0.5%, which guided consumer choices. The launch of lactose-free options and a shift toward cleaner, additive-free products further supported demand.

In 2024, market growth moderated to 16.9 million US dollars as the influence of nutritional guidelines on purchasing behavior matured. Concurrently, a decline in food industry investments, which fell from 660 million euros to 609 million euros, affected production capacity development and tempered the market's expansion.

Production milk powder with fat content of ≤1.5% in Finland

In value, 2017-2020, M $ US

Finland's production of milk powder with a fat content of ≤1.5% increased for the second consecutive year. In 2020, output was valued at 140.1 million US dollars, marking a 39.1% rise compared to the previous year. Over the period from 2017 to 2020, production grew by 32%, which translates to an annualized rate of 9.7%. The lowest value was recorded in 2018 at 84.8 million US dollars, with the largest decline of 20.1% also occurring that year.

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

In kind, 2017-2020, t

From 2017 to 2020, Finland ranked 17th globally in terms of production volume for milk powder with a fat content of ≤1.5%.

Top producers of milk powder with fat content of ≤1.5%, 2017-2020

World map of production of milk powder with fat content of ≤1.5%, 2017-2020

Following a two-year decline, Finland's production of milk powder with a fat content of ≤1.5% rebounded. In 2020, 52 293 tonnes were produced, showing a strong improvement of 11.8% over 2019. Between 2017 and 2020, production increased by 6.9%, with a compound annual growth rate of 2.2%. The lowest volume was recorded in 2019 at 46 773 tonnes, while the largest decline of 4.1% took place in 2018.

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

Exports milk powder with fat content of ≤1.5% from Finland

Exports in kind, t

After a two-year decline, Finland's exports of milk powder with a fat content of ≤1.5% increased. In 2020, exports reached 49 461 tonnes, reflecting a sharp rise of 38.4% compared to 2019. From 2017 to 2020, exports grew by 11.4%, equating to an annualized rate of 3.7%. The lowest volume was recorded in 2019 at 35 750 tonnes, with the largest decline of 18.8% also occurring that year.

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

From 2017 to 2020, China, Egypt, and the Netherlands were the core destinations for Finland's exports of milk powder with a fat content of ≤1.5% in volume terms. China accounted for 36.5% of exports, Egypt for 10.5%, and the Netherlands for 9.0%, together representing 56.0% of total export flows.

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

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

Exports in value, M $ US

Finland's exports of milk powder with a fat content of ≤1.5% increased for the second consecutive year. In 2020, exports were valued at 130.3 million US dollars, which is 37.8% higher than the previous year. Between 2017 and 2020, exports rose by 39.1%, corresponding to an annualized rate of 11.6%. The lowest value was recorded in 2018 at 76.5 million US dollars, with the largest decline of 18.4% also occurring that year.

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

Throughout 2017 to 2020, China, the Netherlands, and Egypt remained the key destinations for Finland's exports of milk powder with a fat content of ≤1.5% in value terms. China represented 37.7% of exports, the Netherlands 10.5%, and Egypt 9.6%, together accounting for 57.8% of total export flows.

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

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

Imports milk powder with fat content of ≤1.5% to Finland

Imports in kind, t

After a two-year decrease, Finland's imports of milk powder with a fat content of ≤1.5% increased in volume. In 2020, imports totaled 169 tonnes, up by 25.6% from 2019. Over the period from 2017 to 2020, imports decreased by 22.7%, with a compound annual growth rate of -8.2%. The lowest volume was recorded in 2019 at 135 tonnes, with the largest decline of 36.4% also occurring that year.

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

From 2017 to 2020, Belgium, Austria, and the Netherlands were the main suppliers of milk powder with a fat content of ≤1.5% to Finland in volume terms. Belgium accounted for 37.7% of imports, Austria for 24.8%, and the Netherlands for 8.8%, jointly forming 71.3% of total import flows.

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

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

Imports in value, M $ US

Following a two-year contraction, Finland's imports of milk powder with a fat content of ≤1.5% increased. In 2020, imports were valued at approximately 0.8 million US dollars, reflecting a sharp advance of 49.4% year-over-year. The lowest value was recorded in 2019 at 0.6 million US dollars, with the largest decline of 28.9% also occurring that year.

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

Throughout 2017 to 2020, Austria, Belgium, and Sweden formed the core of Finland's imports of milk powder with a fat content of ≤1.5% in value terms. Austria represented 27.7% of imports, Belgium 23.6%, and Sweden 12.5%, together accounting for 63.8% of total import flows.

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

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