Dairy Price Index in World increased to 153.50 Index Points in May from 152.20 Index Points in April of 2025. This dataset includes a chart with historical data for World Dairy Price Index.

The FAO Dairy Price Index* was 142.9 points in January 2025. The coronavirus pandemic and the war in Ukraine drove the price of dairy products up throughout 2022. The prices decreased but began to rise again towards the end of 2023.For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated facts and figures page. For further information about the Russian invasion of Ukraine, please visit our dedicated page on the topic.

Milk rose to 18.77 USD/CWT on June 6, 2025, up 0.16% from the previous day. Over the past month, Milk's price has risen 0.16%, but it is still 3.74% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Milk - values, historical data, forecasts and news - updated on June of 2025.

Graph and download economic data for Producer Price Index by Industry: Dairy Product Manufacturing (PCU31153115) from Dec 1984 to May 2025 about dairy, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.

Fresh whole milk, fortified, sold per gallon regardless of packaging type. Includes organic and non-organic milk."

How much is a gallon of milk? In 2024, the average retail price of whole fortified milk in the United States was 4.1 U.S. dollars, which was a decrease from the previous year. Milk production Dairy farming is an agricultural business which is engaged in the long-term milk production within the dairy industry. Dairy farming is a large contributor to the overall economy in many states. California, Wisconsin, and Idaho had the highest milk supply in 2022. Continuing the trend of each year breaking the record for milk production, an estimated 228.3 billion pounds of milk were produced in 2023. Milk consumption Since 2011, there has been a steady decline in milk consumption in the United States, with just 65.2 liters consumed per capita compared to 78.3 in 2011. This could be explained by consumers’ increasing shift towards plant-based dairy alternatives. In 2019, 35 percent of consumers consumed soy products at least once a week, up from 24 percent in 2010.

This statistic shows the dairy market value worldwide from 2020 to 2022 and also provides a forecast for 2023 to 2028. The global dairy market was valued at 893 billion U.S. dollars in 2021 and was projected to grow to about 1243 billion U.S. dollars by 2028.

The global price per unit in the 'Milk Substitutes' segment of the food market was forecast to continuously increase between 2025 and 2030 by in total 0.4 U.S. dollars (+12.58 percent). After the tenth consecutive increasing year, the price per unit is estimated to reach 3.59 U.S. dollars and therefore a new peak in 2030. Notably, the price per unit of the 'Milk Substitutes' segment of the food market was continuously increasing over the past years.Find other key market indicators concerning the average consumption per capita and sales volume change. The Statista Market Insights cover a broad range of additional markets.

Graph and download economic data for Consumer Price Index for All Urban Consumers: Dairy and Related Products in U.S. City Average (CUUR0000SEFJ) from Jan 1935 to Apr 2025 about dairy, urban, production, consumer, CPI, inflation, price index, indexes, price, and USA.

A carton of milk in Poland cost 3.94 zloty on average in 2025. Butter was more expensive than margarine, with an average price of 7.99 zloty per 200g. A carton of ten eggs cost around 8.84 zloty, although it could get as expensive as 9.99 zloty.

Graph and download economic data for Producer Price Index by Industry: Dry, Condensed, and Evaporated Dairy Products: Concentrated Milk Products Shipped in Bulk (Barrels, Drums, and Tanks) (PCU3115143115147) from Dec 1983 to Apr 2025 about milk, dairy, PPI, industry, inflation, price index, indexes, price, and USA.

The consumer price index (CPI) of milk and dairy increased in the Netherlands from 2018 to 2022. In October 2022, the CPI of milk and dairy in the Netherlands was nearly 140.

Get the latest insights on price movement and trend analysis of Raw Milk in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Graph and download economic data for Average Price: Milk, Fresh, Skim (Cost per One-Half Gallon/1.9 Liters) in the West Census Region - Urban (APU0400709211) from Jan 1980 to Jul 1984 about dairy products, retail, price, and USA.

Serbia Average Retail Price: Milk & Dairy Products: Milk data was reported at 87.470 RSD/l in 2016. This records an increase from the previous number of 84.330 RSD/l for 2015. Serbia Average Retail Price: Milk & Dairy Products: Milk data is updated yearly, averaging 37.250 RSD/l from Dec 1996 (Median) to 2016, with 21 observations. The data reached an all-time high of 87.470 RSD/l in 2016 and a record low of 2.460 RSD/l in 1996. Serbia Average Retail Price: Milk & Dairy Products: Milk data remains active status in CEIC and is reported by Statistical Office of the Republic of Serbia. The data is categorized under Global Database’s Serbia – Table RS.P001: Average Retail Prices.

Get the latest insights on price movement and trend analysis of Flavored Milk in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

In 2023, the average price of infant milk formula in China amounted to 18,899 U.S. dollars per metric ton, increasing 13.1 percent compared to the previous year. The average price of imported butter decreased by 2.8 percent to 6,315 U.S. dollars per metric ton in that year.

Learn about the factors that influence the price of dairy products such as milk, cheese, and butter, and how global competition and government support programs impact the industry

Learn about the various factors that impact dairy commodity prices, including supply and demand, trade policies, and weather conditions, and how they affect the prices of milk, cheese, butter, and whey protein on commodity exchanges around the world.

Dairy cattle farmers have faced a range of challenges over the past few years. They have contended with volatile weather conditions over much of the period, which have constrained production volumes and led to higher farmgate milk prices. These conditions included drought across much of the country at the start of the period. While southern Australia experienced drier-than-average conditions, northeastern Australia had to deal with floods, reducing output over the second half of 2021-22. Improving weather conditions benefited pasture conditions, leading to a hike in production. A strong increase in prices over the past few years has boosted profit margins. Domestic farmgate milk prices have risen strongly over the past few years. This trend has driven up input costs for downstream manufacturers. However, while world dairy commodity prices have been volatile, they have increased overall, encouraging greater demand from processors. A weak Australian dollar has also boosted the price competitiveness of downstream dairy products in export markets and made imported dairy products less price competitive. Revenue is expected to contract at an average annual rate of 1.9% over the five years through 2024-25, to $6.13 billion. However, a projected dip in output and a slump in the domestic price of milk as dairy product processor demand falls is expected to result in a drop in revenue of 12.4% in 2024-25. Operating conditions are set to remain volatile for dairy farmers over the next few years, but milk production is projected to dwindle overall. Even so, falling output will bolster farmgate milk prices. Demand from domestic and overseas markets is set to pick up as household incomes recover from the effects of global inflation pressures. The waning cost of inputs like stockfeed and fertiliser will support profit margins. Overall, dairy cattle farming revenue is forecast to edge down at an average annual rate of 0.1% through the end of 2029-30, to $6.08 billion.