Browse Data and Analysis

New Zealand fluid milk production in 2024 is forecast to decline by 0.5 percent to 21.4 million metric tons (MMT). This situation results from recent decreases in farm gate milk price forecasts, as well as rising interest rates, which are expected to...

India’s milk production has been trending upwards for a decade. FAS New Delhi (Post) foresees this growth continuing in the near- to medium-term. Production increases, however, are falling short of their full potential.

In MY 2023, Taiwan’s liquid milk production is estimated to reach 474,000 tons and is forecast to see a slight increase in MY 2024. However, the long-term liquid milk outlook is complex and subject to unstable dynamics due to New Zealand dairy products soon to have unlimited tariff-free access to the Taiwan market in 2025.

In marketing year (MY) 2023, milk price is experiencing an increasing trend due to the low milk supply and high demand for dairy. In Chile, most processing plants produce fluid milk and cheese, very few produce yoghurt, whey, condensed milk, or other value-added dairy products.

Brazil’s Executive Management Committee (Gecex) of the Foreign Trade Chamber (Camex) increased import tariffs for three dairy products and reversed the unilateral 10% reduction in the Common External Tariff (CET) for 29 other dairy products.

Most U.S. dairy facilities registered to ship dairy products to the People’s Republic of China (PRC) will have their registration status expire on August 31, 2023.

On August 8, 2023, the Government of Egypt filed a sixth addendum to the World Trade Organization's (WTO’s) Committee on Technical Barriers to Trade (TBT) -- G/TBT/N/EGY/313/Add.6 -- extending the requirement for halal certification for imported milk and dairy products until December 31, 2023.

The U.S.-Japan Trade Agreement, which entered into force on January 1, 2020, improved market access for U.S. products through the creation of tariff-rate quotas (TRQs) for food wheat, wheat products, malt, processed cheese, whey, glucose and fructose, potato starch, corn starch, and inulin.

On July 17, 2023, India’s Ministry of Fisheries, Animal Husbandry and Dairying/Department of Animal Husbandry and Dairying (DAHD), published Office Memorandum (OM) L-11/1/2019-Trade (E-11542).

On July 10, 2023, the People’s Republic of China (PRC), State Administration for Market Regulation (SAMR) released revised Administrative Measures for Product Formula Registration of Formula Milk Powder for Infants and Young Children.

Singapore imports more than 90 percent of its food and has a diverse, competitive array of trading partners. The United States and Singapore have a long-standing free trade agreement (FTA), and Singapore is a well-developed market for high-quality food and agricultural products.

Malaysia was the 26th-largest export destination for U.S. agricultural products in 2022, totaling nearly $1.1 billion in value, and is a top prospect for exports of food and beverage ingredients because of its large and growing food processing industry.