Milk Market Situation: Brussels, 22 April 2021
Milk Market Situation: Brussels, 22 April 2021
Milk Market Situation: Brussels, 22 April 2021
The United Kingdom is no longer a Member State of the European Union, however where it is deemed relevant (e.g. for comparison purposes)
EU+UK aggregates may still be displayed.
Leap year adjusted: -0.7%
!!! Data from some Member States are confidential and are NOT included in this table !!!
-2.6
+2.2 +0.8
+4.6
-0.9 -4.0% to -2.2%
-2.5 -2.2% to -1.7%
-1.7% to -1.2%
+7.7 -1.2% to 0.0%
0.0% to +0.8%
+0.1 +0.8% to +1.9%
-1.7 -2.0 +1.9% to +4.7%
+4.7% to +20.0%
+0.5 n/a
-1.2
-0.6
+3.3
+1.1
+0.8 -1.8
+4.8
-1.1
DE, EL, HR, CY and SE figures based on MS notifications to DG AGRI - estimation for IT +19.8
The designations employed and the presentation of material on the map do not imply the expression of any opinion whatsoever o n the part
of the European Union concerning the legal status of any country, territory or area or of its authorities, or concerning the delimitation of its
frontiers or boundaries.
+0.2
+2.5 +2.4
+1.1
+3.7
+3.8
+0.9 +0.9
+2.5
+2.1
Estimated figures for: EL, and IT +15.9
The designations employed and the presentation of material on the map do not imply the expression of any opinion whatsoever o n the part
of the European Union concerning the legal status of any country, territory or area or of its authorities, or concerning the delimitation of its
frontiers or boundaries.
EU - Cows' milk collected
13 000
2018
2019
2020
1000 Tonnes
12 000 2021
44
42
40
38
36
35.0
34.0 34
32
30
28
26
24
22
* : provisional figures 20
* EU evolutive: EU-15 (before 2004), EU-25 (2004 to 2006), EU-27 (2007 to 2013), EU-28 (2013 to 01/2020), EU-27 without UK (from 02/2020 onwards)
18
Jan 01
Jan 02
Jan 03
Jan 04
Jan 05
Jan 06
Jan 07
Jan 08
Jan 09
Jan 10
Jan 11
Jan 12
Jan 13
Jan 14
Jan 15
Jan 16
Jan 17
Jan 18
Jan 19
Jan 20
Jan 21
Source : MS’ communications under Reg. (EU) No 2017/1185 Article 12(a) - Annex II.4(a)
EU* MILK PRICES
( Feb 2021 vs Feb 2020 )
Source : Member States (Regulation (EU) No 2017/1185 Article 12(a) - Annex II.4(a))
65
58.8
60
Milk price 2020
55
51.5
45
39.0
39.0
38.7
37.2
36.8
40
36.5
36.1
35.0
35.0
in EUR/100 kg
34.7
34.3
33.8
33.2
33.0
32.9
32.8
32.7
32.7
32.0
32.0
31.7
35
30.9
30.0
29.9
29.6
30
25
20
15
10
0
CY MT AT FI GR IE° SE FR IT NL EU* DE DK HR CZ PL BE ES RO BG LT SK SI HU PT EE LV
300
EUR/100 kg
250
200
150
100
Jun
Dec
Jul
Sep
Oct
Apr
Aug
Jan
May
Mar
Nov
Feb
300
Source: Regulation (EU) No 2017/1185 Article 11 - Annex I.7
200
I.P. : 169.8
in EUR/100 kg
150
100
50
0
BE FR DE EU Avg. CZ PL IE
Weekly EU BUTTER Prices
Latest price : 400 EUR/100kg
650
Evolution compared to same period last year : +36%
600
550
EUR/100 kg
500
450
400
350
300
250
200
Dec
Jun
Sep
Jul
Apr
Aug
Oct
Jan
May
Nov
Feb
Mar
339 350
300
EUR/100 kg
250
200
150
100
I.P. = 221.75
50
0
SK CZ FR EE BE DE EU PL PT ES IE
Avg.
EU Quotations of Butter and SMP
(EU average based on MS communication and weighted by production)
700
550
.
500
in EUR/100 kg
450
400
400
350
300
250 249
200
150
EU evolutive (without UK from 02/2020 onwards)
100
Jan 07
Jan 10
Jan 13
Jan 16
Jan 19
Jan 03
Jan 04
Jan 05
Jan 06
Jan 08
Jan 09
Jan 11
Jan 12
Jan 14
Jan 15
Jan 17
Jan 18
Jan 20
Jan 21
Source: MS ’ communications under reg. 562/2005 and 479/2010
EU evolutive* dairy Quotations
(EU Average Prices based on MS communication and weighted by production)
700
BUTTER 650
SMP
600
WMP
CHEDDAR 550
500
in EUR/100 kg
450
400
350
300
250
200
150
100
Jan 15
Jan 16
Jan 17
Jan 18
Jan 19
Jan 20
Jan 21
Jan 03
Jan 04
Jan 05
Jan 06
Jan 07
Jan 08
Jan 09
Jan 10
Jan 11
Jan 12
Jan 13
Jan 14
* EU evolutive: EU-15 (before 2004), EU-25 (2004 to 2006), EU-27 (2007 to 2013), EU-28 (2013 to 01/2020), EU-27 without UK (from 02/2020 onwards)
Weekly EU WMP Prices
Latest price : 316 EUR/100kg
450
Evolution compared to same period last year : +20%
400
350
EUR/100 kg
300
250
200
150
Dec
Jun
Sep
Jul
Oct
Apr
Aug
Jan
May
Nov
Mar
Feb
500 500
450 450
EUR/100 kg
EUR/100 kg
400 400
350 350
300 300
250 250
Evolution compared to same period last year : +2% Evolution compared to same period last year : +0%
200 200
Jan
Apr
Oct
Aug
Jan
Feb
Jun
Apr
Oct
Jul
Aug
Nov
Mar
May
Sep
Dec
Feb
Jun
Jul
Nov
Mar
May
Sep
Dec
2018 2019 2020 2021 2018 2019 2020 2021
Weekly EU WheyPowder Prices
Latest price : 96 EUR/100kg
120
100
EUR/100 kg
90
80
70
60
50
Dec
Jun
Sep
Jul
Oct
Apr
Aug
Jan
May
Nov
Mar
Feb
EUR/USD
EU*/US/Oceania Quotations of SMP
5 500
4 000
Prices in USD/tonne
3 500
3 413
3 000
2 890
2 500 2 607
2 000
1 500
Source: MS’ communications under Reg. 2017/1185 & USDA market news
1 000
Jun 14
Jun 15
Jun 16
Jun 17
Jun 18
Jun 19
Jun 20
Sep 15
Sep 16
Sep 18
Sep 20
Sep 14
Sep 17
Sep 19
Dec 13
Dec 14
Dec 15
Dec 16
Dec 17
Dec 18
Dec 19
Dec 20
Mar 14
Mar 15
Mar 16
Mar 17
Mar 18
Mar 19
Mar 20
Mar 21
* EU evolutive
EU*/US/Oceania Quotations of WMP
6 000
4 500
Prices in USD/tonne
4 000 4 013
3 733
3 715
3 500
3 000
2 500
2 000
Source: MS’ communications under Reg. 2017/1185 & USDA market news
1 500
Jun 14
Jun 15
Jun 16
Jun 18
Jun 19
Jun 20
Jun 17
Dec 13
Dec 15
Dec 16
Dec 17
Dec 18
Dec 20
Dec 14
Dec 19
Sep 14
Sep 15
Sep 16
Sep 17
Sep 18
Sep 19
Sep 20
Mar 14
Mar 15
Mar 17
Mar 19
Mar 20
Mar 16
Mar 18
Mar 21
* EU evolutive
EU*/US/Oceania Quotations of Butter
8 500
6 500
6 000
Prices in USD/tonne
5 725
5 500
5 000
4 500 4 584
4 000 4 011
3 500
3 000
2 500
2 000
Source: MS’ communications under Reg. 2017/1185 & USDA market news
1 500
Jun 14
Jun 16
Jun 17
Jun 20
Jun 15
Jun 18
Jun 19
Dec 15
Dec 17
Dec 18
Dec 19
Dec 20
Dec 13
Dec 14
Dec 16
Sep 14
Sep 16
Sep 17
Sep 20
Sep 15
Sep 18
Sep 19
Mar 14
Mar 16
Mar 17
Mar 19
Mar 20
Mar 15
Mar 18
Mar 21
* EU evolutive
EU*/US/Oceania Quotations of Cheddar
6 500
5 000
Prices in USD/tonne
4 500
4 400
4 000
3 862
3 626
3 500
3 000
2 500
Source: MS’ communications under Reg. 2017/1185 & USDA market news
2 000
Jun 15
Jun 17
Jun 18
Jun 19
Jun 14
Jun 16
Jun 20
Dec 13
Dec 14
Dec 15
Dec 16
Dec 17
Dec 18
Dec 19
Dec 20
Sep 14
Sep 15
Sep 16
Sep 17
Sep 18
Sep 19
Sep 20
Mar 14
Mar 15
Mar 16
Mar 17
Mar 19
Mar 20
Mar 21
Mar 18
* EU evolutive
Main exporters
Main
notice: trade between EU and UK for May 2020 is incomplete.
Notice: EU trade figures do not include trade with UK - For confidentiality reasons, data for Mexico may be incomplete.
100
60
1000 tonnes
1000 tonnes
50 80
43 67
61 59
40 56 60
32
43 45
30
40
20 24
23
11.4
9 20
6.1 7.1 10
4.4
0.4
0 0
2019 2020 2019 2020
EU*: without UK
Main exporters
EU* (up to Feb) New Zealand (up to Feb)
United States (up to Feb) EU* (up to Feb)
S.M.P. W.M.P.
New Zealand (up to Feb) Argentina (up to Feb)
Exports Australia (up to Feb)
Exports Uruguay (up to Feb)
Belarus (up to Feb) Singapore (up to Feb)
160 350
100
200
1000 tonnes
1000 tonnes
76 80
150
57 60
100
40
29
21 47 48
17 17 50
20
21 20 25 25
8 7
0 0
2019 2020 2019 2020
EU*: without UK
EU Exports (1/2)
Source : Eurostat (COMEXT)
BUTTER exports
1000 Tonnes
BUTTER exports
1000 tonnes
300 25
261
232 240
250 20
206 198
187 2020
200 178
15
150
2021
10
100
Jan- Feb 2021 exports compared to 2020 : - 22%
50 5
0 0
2014 2015 2016 2017 2018 2019 2020 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Trade with UK excuded for monthly data (not complete)
SMP exports SMP exports
1000 Tonnes
1000 tonnes
946 100
1 000 831
900 826
794 2020 80
800 707
661
700 597
600 60
2021
500
400 40
300
200 20
100
Jan- Feb 2021 exports compared to 2020 : - 1%
0
0
2014 2015 2016 2017 2018 2019 2020
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Trade with UK excuded for monthly data (not complete)
EU Exports (2/2)
50
500
404
375 386 381 40
400 346 345
315
30
300
2021 2020
200 20
100 10
Jan- Feb 2021 exports compared to 2020 : + 2%
0 0
2014 2015 2016 2017 2018 2019 2020 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Trade with UK excuded for monthly data (not complete)
85
1 600 1 400
1 348
1 400 1 275 1 279
1 231 80
1 152 1 159
1 200 2021
2020
1 000 75
800
70
600
400 65
200
Jan- Feb 2021 exports compared to 2020 : - 2%
0 60
2014 2015 2016 2017 2018 2019 2020 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Trade with UK excuded for monthly data (not complete)
Main importers
Notice: EU trade figures do not include trade with UK - For confidentiality reasons, data for Mexico may be incomplete.
29
28 28 30
20
1000 tonnes
1000 tonnes
26 25
24 25
25
15
20
12
10
9.1 10 15
8.1
7.1 7.3
6.5
10
5
5
n/a
0 0
2 019 2 020 2 019 2 020
Main importers
China (up to Feb) China (up to Feb)
Mexico (no data 2021) Thailand (up to Feb)
S.M.P. Philippines (no data 2021) W.M.P. Sri Lanka (up to Feb)
Imports Colombia (up to Jan) Imports Brazil (up to Mar)
Indonesia (up to Jan) Hong Kong (up to Feb)
100 300
87 90
242 250
80
222
70
64 200
60
1000 tonnes
1000 tonnes
50 150
44
40
100
26 30
20
14 14 50
11 12
10 20 22
17 16
12 10 12 7
n/a n/a
0 0
2 019 2 020 2 019 2 020
Main Dairy Importers (Butter + Butteroil 1/2)
China
1000 tonnes
2016
1000 Tonnes 18
16
125 14
2021 12
100
10
75
113 116 8
50 92 86
80 82 6
71
2020
25
4
0 2
2014 2015 2016 2017 2018 2019 2020 Jan-Feb 2021 compared to 2020 : - 17%
0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
1000 Tonnes 18
16
125 14
12
100
2020 10
75
139 124 2021
116 8
96 105 98
50 87
6
25
4
Jan 2021 compared to 2020 : - 16%
0 2
2014 2015 2016 2017 2018 2019 2020
0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Main Dairy Importers (Butter + Butteroil 2/2)
16
1000 Tonnes
Jan 2021 compared to 2020 : - 27%
14
12
125
10
100
2020
8
75
50 6
77 84 79 75
69 73 74
25 4
2021
0 2
2014 2015 2016 2017 2018 2019 2020
0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
1000 Tonnes 10
2020
8
125
100
6
75
4
50
67 68
57 2021
25 40 47 43
22 2
0
2014 2015 2016 2017 2018 2019 2020 Jan-Feb 2021 compared to 2020 : - 28%
0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
China
1000 Tonnes 2019
1000 tonnes
50
350 45
2021 Jan-Feb 2021 compared to 2020 : + 36%
300 40
250 35
200
344 336 30
150 280
253 247 25
100 200 184 2020
20
50
15
0
2014 2015 2016 2017 2018 2019 2020 10
5
0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
250
40
200
30
150
2020
100 188 197 20
146 145 159 147 160 2021
50 10
0
2014 2015 2016 2017 2018 2019 2020 0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Main Dairy Importers (S.M.P. – 2/2)
20 25
250
15 20
200
150 15
2009
2020 10
100 185 177 179 2010
154 159 10
50 95 101 5
5
0
2014 2015 2016 2017 2018 2019 2020 0
0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2016
Malaysia 2019
2014
1000 tonnes
1000 Tonnes 30
Jan 2021 compared to 2020 : + 43%
25
250
20
200
150 15
2020
2021
100
138 147 10
135 121 129 126 117
50
5
0
2014 2015 2016 2017 2018 2019 2020
0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Main Dairy Importers (W.M.P. 1/2)
China
1000 Tonnes 1000 tonnes
140
2021 Jan-Feb 2021 compared to 2020 : + 9%
700 120
600
100
500
400 80
671 671 644
300 521
420 470 60
200 347 2020
100 40
0
2014 2015 2016 2017 2018 2019 2020 20
0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Jan-Feb
20192021 compared to 2020 : - 43%
Thailand 2017 1000 tonnes
1000 Tonnes 20
Jan-Feb 2021 compared to 2020 : - 43%
18
16
350
14
300
12
250
200 10
150 8
2021
100 6
50 50 60 59 58 4
42 46 47
0 2020
2
2014 2015 2016 2017 2018 2019 2020
0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Main Dairy Importers (W.M.P. 2/2)
350 16
300 14
250 12
200 10
150 8
100
2020 6
81 86 87 104 96
50 75 53 4
0
2014 2015 2016 2017 2018 2019 2020 2021 2
0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Brazil
1000 tonnes
1000 Tonnes 20
Jan-Mar 2021 compared to 2020 : + 86% 18
350 16
300
14
250
2020 12
200
10
150
2021
8
100
126 6
50 73 68 89
59 61
30
0 4
2014 2015 2016 2017 2018 2019 2020
2
0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Main Dairy Importers (Cheese – 1/2)
2016 2017
United Kingdom HMRC 1000 tonnes
1000 Tonnes 60
Jan 2021 compared to 2020: - 32%
50
600 2020
500 40
400
30
300 523 536
469 494 490 494 495
2021
200 20
100
10
0
2014 2015 2016 2017 2018 2019 2020
0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
1000 Tonnes 45
Jan 2021 compared to 2020: + 23%
40
350 35
2021
300 30
2020
250
25
200
321 20
311
150 278
226 249
209 223 15
100
10
50
0 5
2014 2015 2016 2017 2018 2019 2020
0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Main Dairy Importers (Cheese – 2/2)
Japan
1000 tonnes
1000 Tonnes 40
Jan-Feb 2021 compared to 2020: + 0%
35
2020
350 30
300
25
250 2021
20
200
286 303 292 15
150 258 273
232 249
100 10
50
5
0
2014 2015 2016 2017 2018 2019 2020 0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
1000 tonnes
United States
25
1000 Tonnes
Jan-Feb 2021 compared to 2020: - 12%
20
350
2020
300
15
250
200
2021
150 10
0
2014 2015 2016 2017 2018 2019 2020
0
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
8 800
8 600
8 400
8 200
in 1000 tonnes
2018 8 000
2019 7 800
2020
7 600
2021
7 400
7 000
Mar
May
Feb
Oct
Jul
Nov
Dec
Jan
Jun
Apr
Aug
Sep
Source:USDA
Australian milk production
1 200
Jul-Feb 2020/21 compared to 2019/20 : + 1.2%
1 100
1 000
in 1000 tonnes
900
2017/18 800
2018/19
700
2019/20
2020/21 600
500
Jul
Mar
May
Feb
Jun
Oct
Apr
Nov
Aug
Jan
Dec
Sep
3 000
2 500
.
2 000
in 1000 tonnes
2017/18
1 500
2018/19
1 000
2019/20
2020/21 500
0
Jul
Mar
Jun
Feb
May
Oct
Apr
Nov
Aug
Jan
Dec
Sep
Event 281
6 April 2021
+0.3%
Average price (USD/MT, FAS)
$4081
$4 081
Anhydrous Butter Butter Milk Cheddar Lactose Skim Milk Whole Milk
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