Average retail price of milk in the United Kingdom (UK) 2015-2018, per month
In the 52 weeks ending on the March 25, 2018 the average retail price of liquid milk in the United Kingdom (UK) was 59 pence per liter. Over the period in consideration, from September 2015 to March 2018, the price increased by two pence.
Production and retail
Liquid milk is the most commonly made product from raw milk in the European Union. In 2016, Its production volume amounted to approximately 25 million metric tons. Between January 2016 and February 2019, the monthly farm-gate price of raw milk the EU increased from 29.69 to 34.94 euros per 100 kilograms. In 2017, British consumers spent the most on semi-skimmed milk, approximately 1.57 billion British pounds. Second and third most popular milk types were skimmed and whole milk, respectively.
Global snapshot
There are five regions that account for 65 percent of the global milk supply: Argentina, Australia, New Zealand and the United States. As of March 2019, apart from the European Union, supplies decreased year on year in all key regions, which has a high impact on the price paid for milk.
Production and retail
Liquid milk is the most commonly made product from raw milk in the European Union. In 2016, Its production volume amounted to approximately 25 million metric tons. Between January 2016 and February 2019, the monthly farm-gate price of raw milk the EU increased from 29.69 to 34.94 euros per 100 kilograms. In 2017, British consumers spent the most on semi-skimmed milk, approximately 1.57 billion British pounds. Second and third most popular milk types were skimmed and whole milk, respectively.
Global snapshot
There are five regions that account for 65 percent of the global milk supply: Argentina, Australia, New Zealand and the United States. As of March 2019, apart from the European Union, supplies decreased year on year in all key regions, which has a high impact on the price paid for milk.
