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World - Dried Milk - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

World - Dried Milk - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: Nov 29, 2023

Top Import Markets for Powdered, Evaporated, and Condensed Milk

The global market for powdered, evaporated, and condensed milk is thriving, with increasing demand from various countries around the world. These dairy products are essential ingredients in numerous recipes, beverages, and confectioneries, making them highly sought after in the international market. Let's explore the world's top import markets for powdered, evaporated, and condensed milk, backed by key statistics and data from the IndexBox market intelligence platform.

1. China

China holds the top position in terms of import value of powdered, evaporated, and condensed milk, with an impressive $4.6 billion USD in 2022. The Chinese market boasts a strong demand for dairy products due to the country's large population and growing urbanization. Its flourishing food and beverage industry, coupled with an increasing disposable income, contribute to the high import demand for these milk products.

2. Algeria

Algeria secures the second spot with an import value of $1.5 billion USD in 2022. The Algerian market demonstrates a significant appetite for powdered, evaporated, and condensed milk, driven by a rising urban population, changing dietary preferences, and a growing focus on convenience foods. The convenience and versatility of these dairy products make them an ideal choice for Algerian consumers.

3. Indonesia

Indonesia ranks third on the list, importing $1.3 billion USD worth of powdered, evaporated, and condensed milk in 2022. The Indonesian market displays a remarkable demand for these dairy products due to the country's large young population, changing lifestyles, and urbanization. The expansion of the retail sector, along with increasing disposable incomes, fuels the import growth of milk products in Indonesia.

4. United Arab Emirates

The United Arab Emirates (UAE) holds the fourth position, importing $1.1 billion USD worth of powdered, evaporated, and condensed milk in 2022. The UAE's import market for dairy products benefits from a thriving food and beverage sector, tourism, and an affluent consumer base. The multicultural population and the rapid growth of the hospitality industry contribute to the high demand for these milk products in the UAE.

5. Mexico

Mexico shares the fourth spot with the UAE, also importing $1.1 billion USD worth of powdered, evaporated, and condensed milk in 2022. The Mexican market exhibits a robust demand for dairy products, driven by a large population, increasing health awareness, and the consumption of traditional Mexican cuisine. The versatility and nutritional value offered by these milk products make them an indispensable part of Mexican households and food establishments.

6. Netherlands

The Netherlands holds the sixth position in the list of top import markets, with an import value of $986.7 million USD in 2022. Being a key player in the European dairy industry, the Netherlands serves as a major hub for import and distribution of powdered, evaporated, and condensed milk in the region. Its well-established trade networks, modern infrastructure, and expertise in dairy products contribute to its prominent position in the market.

7. Saudi Arabia

Saudi Arabia secures the seventh spot, importing $794.5 million USD worth of powdered, evaporated, and condensed milk in 2022. The Saudi Arabian market witnesses a strong demand for these dairy products due to rapid population growth, changing dietary habits, and an expanding hospitality sector. The high purchasing power of Saudi consumers, coupled with a preference for quality imported products, drives the import growth in this market.

8. Philippines

The Philippines ranks eighth, importing $784.6 million USD worth of powdered, evaporated, and condensed milk in 2022. The Filipino market demonstrates a significant demand for these milk products, fueled by the country's large population, young demographic profile, and a growing food and beverage industry. The convenience, affordability, and nutritional value of powdered, evaporated, and condensed milk make them popular choices among Filipino consumers.

9. Belgium

Belgium secures the ninth position on the list, with an import value of $746.2 million USD in 2022. As a key player in the European food industry, Belgium acts as an important importing hub for dairy products, including powdered, evaporated, and condensed milk. Its central location, advanced logistics infrastructure, and strong trade partnerships position Belgium as a significant market for milk imports.

10. Malaysia

Malaysia completes the top ten import markets, with an import value of $703.0 million USD in 2022. The Malaysian market witnesses substantial growth in the import of powdered, evaporated, and condensed milk due to changing dietary habits, rising awareness of nutritional value, and a growing food and beverage industry. The increasing demand for milk products, driven by both domestic consumption and tourism, contributes to Malaysia's position in the global market.

In conclusion, the world's best import markets for powdered, evaporated, and condensed milk are dominated by countries with large populations, strong food and beverage industries, and changing dietary preferences. China leads the pack with the highest import value, followed by Algeria, Indonesia, the United Arab Emirates, and Mexico. The Netherlands, Saudi Arabia, the Philippines, Belgium, and Malaysia also play significant roles in meeting global demand for these dairy products. These import figures, backed by data from the IndexBox market intelligence platform, highlight the ever-increasing demand and potential profitability of the powdered, evaporated, and condensed milk market worldwide.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global market for powdered, evaporated and condensed milk. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 897 - Dry Whole Cow Milk
  • FCL 898 - Dry Skim Cow Milk
  • FCL 889 - Whole Milk, Condensed
  • FCL 894 - Whole Milk, Evaporated
  • FCL 895 - Skim Milk, Evaporated
  • FCL 896 - Skim Milk, Condensed

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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