Evaporated and Condensed Milk Market

Evaporated and condensed milk market: get access to the most recent datasets provided by an Ai-driven BI platform. Info cover exports, market size, market prices, imports, consumption, companies, trade, and production. Here is a split by country, including China, Africa, EU, Latin America, the U.S., the Middle East, Russia, and the U.K. Market trends and outlook to 2030 are also provided in the reports.


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Evaporated and Condensed Milk - World's Largest Markets

RatingCountry
1United States
2Peru
3Mexico
4Singapore
5Germany

In value terms, the United States led the market, alone. The second position in the ranking was occupied by Peru. It was followed by Mexico.

In the United States, the evaporated and condensed milk market remained relatively stable over the period from 2019-2021. In the other countries, the average annual rates were as follows: Peru (+2.1% per year) and Mexico (-4.7% per year).

Evaporated And Condensed Milk Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201920202021CAGR,
2019-2021
USD per ton
Togo6446526631.5%
Saudi Arabia768750757-0.7%
Malaysia9109449281.0%
United Kingdom9541111116710.6%
Peru1227127012460.8%
France849964131124.3%
Germany1191124913667.1%
Lithuania170116251567-4.0%
Belarus171615881684-0.9%
Netherlands1711162317160.1%
Australia1936207420302.4%
Belgium1921199820743.9%
Spain1897192421576.6%
Average1326128813932.5%

Prices varied noticeably by the country of origin; the country with the highest price was Spain ($2,157 per ton), while Togo ($663 per ton) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by France, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201920202021CAGR,
2019-2021
USD per ton
Saudi Arabia2114229022032.1%
France197821151880-2.5%
Russia12601530171916.8%
Kuwait1600162816150.5%
Hong Kong SAR1463151614981.2%
Germany1229122214358.1%
Belgium10701187134512.1%
Poland9211170132219.8%
Greece1043109811987.2%
Netherlands112210021090-1.4%
Oman115510141078-3.4%
Haiti1051109410741.1%
United Arab Emirates756630678-5.3%
Average1328131913862.2%

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Saudi Arabia ($2,203 per ton), while the United Arab Emirates ($678 per ton) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Poland, while the other global leaders experienced more modest paces of growth.

Evaporated and Condensed Milk - Top Importers

COUNTRY201920202021CAGR,
2019-2021
billion USD
Saudi Arabia0.30.30.32.9%
Netherlands0.20.20.213.0%
United Arab Emirates0.20.20.27.7%
Greece0.10.20.217.8%
Germany0.10.10.13.8%

In value terms, Saudi Arabia ($313M), the Netherlands ($216M) and the United Arab Emirates ($186M) appeared to be the countries with the highest levels of imports in 2021, together comprising 24% of global imports. Greece, Germany, Belgium, France, Oman, Kuwait, Russia, Hong Kong SAR, Poland and Haiti lagged somewhat behind, together comprising a further 34%.

In terms of the main importing countries, Poland recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Evaporated and Condensed Milk - Top Exporters

COUNTRY201920202021CAGR,
2019-2021
billion USD
Netherlands0.50.50.54.0%
Germany0.40.40.45.3%
Belgium0.20.30.319.2%
Saudi Arabia0.20.40.312.7%
France0.060.10.148.6%

In value terms, the largest evaporated and condensed milk supplying countries worldwide were the Netherlands ($538M), Germany ($402M) and Belgium ($332M), with a combined 45% share of global exports. These countries were followed by Saudi Arabia, France, Australia, Belarus, Spain, Malaysia, Peru, Lithuania, the UK and Togo, which together accounted for a further 37%.

Among the main exporting countries, France saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Evaporated and Condensed Milk - Market Forecast

Driven by increasing demand for evaporated and condensed milk worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of for the period from 2021 to 2030, which is projected to bring the market volume to by the end of 2030.

Evaporated and Condensed Milk - Top Companies

Nestlé Suisse S.A., Nestle Holdings, Inc., Saputo Dairy Foods Usa, LLC, Mead Johnson Nutrition Company, CAPITOL CHILLED FOODS (AUSTRALIA) PTY. LIMITED, Nestlé México, S.A. de C.V., The Hain Celestial Group Inc, SOLICO GROUP, SPÓLDZIELNIA MLECZARSKA MLEKPOL W GRAJEWIE, Dean Holding Company, NESTLE AUSTRALIA LTD, Associated Milk Producers Inc, Northwest Dairy Association, PARMALAT AUSTRALIA PTY LTD, LONGWARRY FOOD PARK PTY. LTD., NEW ZEALAND MILK (AUSTRALASIA) PTY LTD, FONTERRA INGREDIENTS AUSTRALIA PTY LTD, FONTERRA BRANDS (AUSTRALIA) PTY LTD, LECHE GLORIA S.A., FONTERRA AUSTRALIA PTY LTD

Evaporated and Condensed Milk - Product Coverage

  • HS 040291 - Dairy produce; milk and cream, concentrated, not containing added sugar or other sweetening matter, other than in powder, granules or other solid forms
  • HS 040299 - Dairy produce; milk and cream, containing added sugar or other sweetening matter, other than in powder, granules or other solid forms
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World - Evaporated and Condensed Milk - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global market for evaporated and condensed milk.

Africa - Evaporated and Condensed Milk - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for evaporated and condensed milk in Africa.

South-Eastern Asia - Evaporated and Condensed Milk - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for evaporated and condensed milk in South-Eastern Asia.

Latin America and the Caribbean - Evaporated and Condensed Milk - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for evaporated and condensed milk in Latin America and the Caribbean.

Australia and Oceania - Evaporated and Condensed Milk - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for evaporated and condensed milk in Australia and Oceania.

Eastern Asia - Evaporated and Condensed Milk - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for evaporated and condensed milk in Eastern Asia.

Southern Asia - Evaporated and Condensed Milk - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for evaporated and condensed milk in Southern Asia.

Northern America - Evaporated and Condensed Milk - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for evaporated and condensed milk in Northern America.

Central Asia - Evaporated and Condensed Milk - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for evaporated and condensed milk in Central Asia.

Middle East - Evaporated and Condensed Milk - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for evaporated and condensed milk in the Middle East.

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