World dairy market at a glance
  2006
2007
estim.
2008
f'cast
Change: 2008 over 2007
  million tonnes milk equivalent%
WORLD BALANCE    
Total milk production 664.1 676.3 693.22.5
Skim Milk Powder (SMP)23.423.723.80.6
Whole Milk Powder (WMP)22.321.722.32.8
Butter58.461.263.23.4
Cheese82.584.386.32.3
Other products477.5485.4497.62.5
Total trade 39.4 38.0 36.4-4.3
    
SUPPLY AND DEMAND INDICATORS   
Per caput food consumption:   
World    (kg/year)101.7102.4103.91.5
Developed countries  (kg/year)243.5244.0248.01.6
Developing countries (kg/year)63.064.165.42.0
Trade - share of prod.(%)5.95.65.3
  2006 2007 2008 Change:
Jan-Apr 2008
     over Jan-Apr 2007
FAO Dairy Price Index    %
(1998-2000=100)138247275* 49
* Jan-April 2008