IMPORT-EXPORT INDIA DATA OF THE DAIRY PRODUCT INDUSTRY

IMPORT-EXPORT INDIA DATA OF THE DAIRY PRODUCT INDUSTRY

When it comes to the industry of dairy products in India, then India is considered to be the hub of dairy products in the world and India has the biggest dairy products industry across the world as well. If we talk about the year 2019, then the range of the production of milk in India was about 145.30 million tons. The dairy product industry of India, especially in terms of the production of milk, India produces more than 50% milk production done by the USA. And when it comes to the new biggest economy of the world, China then the production of milk in India is three times more than China. Not only this, but India is also considered to be the biggest milk producer in the world and that too with the lowest cost.

IMPORT-EXPORT INDIA DATA OF THE DAIRY PRODUCT INDUSTRY


The production of milk and the selling of milk in India helps in providing employment to about 600 million people living in the rural side of the country. Unlike Europe, which has a number of dairy farms on a large scale, in India, most of the people in the rural side who produce and sell milk have a couple of cattle and milch animals. According to the experts of the global dairy products industry, the growth rate of the production of milk will be going to increase at a rate of 1.8% for the upcoming ten years in comparison with the growth rate of 2.3% of the milk production which has been experienced by the world dairy product market in the past ten years. As per the experts, the production of milk across the world is going to increase by about 164 million tons as projected.

And also, the additional production of the milk is expected from the developing countries of the world only, with the contribution of 74% of the total milk produced by the world. And India is projected to contribute about 29% alone in the production of milk worldwide. The dairy products of India which are exported to the various countries across the world are basically dairy milk, non-fat dairy milk, cheese, casein, ice cream, fats derived from milk, oil derived from milk, the products made up of lactose and butter. The biggest exporting partners of the dairy products of India are Pakistan, Afghanistan, United Arab Emirates, Singapore, Bangladesh, Nepal, Bhutan and the United States of America.

IMPORT-EXPORT INDIA DATA

However, if we only talk about the financial year of 2018-2019 of India, then the biggest dairy products exporting partners of India with the detailed quantity of the shipment of dairy products are Turkey with the quantity of 14855.70 and with the value of 35588.69, the United Arab Emirates with the quantity of 10289.57 and with the value of 30525.31, Egypt with the quantity of 10668.07 and with the value of 28935.46, Bangladesh with the quantity of 21756.28 and with the value of 27015.42, Bhutan with the quantity of 9375.86 and with the value of 14431.56, the United States of America with the quantity of 2654.13 and the value of 14654.99, Saudi Arabia with the quantity of 2877.10 and with the value of 9456.45 and lastly, Singapore with the quantity of 4683.78 and with the value of 7549.19.

Eximine is a market research company that helps you to provide the latest updates about the import-export business across the world and also provide you the updated import-export data of every country.

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