Saudi Arabia - Dried Milk - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPowdered Milk Price in Saudi Arabia - 2021
Contents:
- Powdered Milk Price in Saudi Arabia (CIF) - 2022
- Powdered Milk Price in Saudi Arabia (FOB) - 2022
- Powdered Milk Imports in Saudi Arabia
- Powdered Milk Exports in Saudi Arabia
Powdered Milk Price in Saudi Arabia (CIF) - 2022
The average powdered milk import price stood at $3,279 per ton in 2022, shrinking by -2.2% against the previous year. Overall, the import price saw a mild shrinkage. The pace of growth appeared the most rapid in 2013 when the average import price increased by 16%. The import price peaked at $4,834 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($4,557 per ton), while the price for Australia ($2,137 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+0.5%), while the prices for the other major suppliers experienced a decline.
Powdered Milk Price in Saudi Arabia (FOB) - 2022
The average powdered milk export price stood at $2,946 per ton in 2022, picking up by 11% against the previous year. Over the period under review, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, powdered milk export price decreased by -6.7% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by 36% against the previous year. The export price peaked at $3,588 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Oman ($3,787 per ton), while the average price for exports to Mauritania ($692 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+35.0%), while the prices for the other major destinations experienced more modest paces of growth.
Powdered Milk Imports in Saudi Arabia
Powdered milk imports into Saudi Arabia skyrocketed to 147K tons in 2022, rising by 20% against 2021. Overall, imports, however, showed a noticeable setback.
In value terms, powdered milk imports surged to $482M in 2022. Over the period under review, imports recorded a relatively flat trend pattern.
| Import of Powdered Milk in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 122 | 197 | 135 | 157 | 8.8% |
| United Arab Emirates | 162 | 144 | 99.5 | 139 | -5.0% |
| Oman | 34.4 | 41.7 | 33.7 | 40.3 | 5.4% |
| Netherlands | 35.9 | 25.8 | 14.8 | 26.4 | -9.7% |
| Germany | 30.9 | 26.5 | 24.7 | 24.5 | -7.4% |
| Belgium | 22.3 | 17.5 | 21.7 | 23.6 | 1.9% |
| Ireland | 7.6 | 7.5 | 16.5 | 16.4 | 29.2% |
| Others | 58.2 | 94.3 | 63.1 | 53.7 | -2.6% |
| Total | 473 | 554 | 409 | 482 | 0.6% |
Top Suppliers of Powdered Milk to Saudi Arabia in 2022:
- New Zealand (50.2K tons)
- United Arab Emirates (30.6K tons)
- Netherlands (11.0K tons)
- Oman (9.7K tons)
- Germany (9.3K tons)
- Belgium (9.2K tons)
- Ireland (5.3K tons)
Powdered Milk Exports in Saudi Arabia
In 2022, after three years of growth, there was significant decline in overseas shipments of powdered milk, when their volume decreased by -7.3% to 18K tons. The total export volume increased at an average annual rate of +4.0% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 13%. As a result, the exports reached the peak of 19K tons, and then fell in the following year.
In value terms, powdered milk exports rose to $53M in 2022. The total export value increased at an average annual rate of +2.8% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 12% against the previous year. As a result, the exports reached the peak of $54M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Powdered Milk in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 17.4 | 23.2 | 22.0 | 24.3 | 11.8% |
| Somalia | 13.3 | 6.8 | 2.6 | 5.8 | -24.2% |
| Iraq | 4.7 | 3.9 | 3.0 | 4.9 | 1.4% |
| Bahrain | 6.0 | 3.9 | 2.9 | 4.4 | -9.8% |
| Kuwait | 1.7 | 4.1 | 4.7 | 4.0 | 33.0% |
| Oman | 1.5 | 4.2 | 2.9 | 3.4 | 31.4% |
| Jordan | 0.5 | 3.5 | 3.1 | 3.2 | 85.7% |
| Mauritania | 1.4 | 1.1 | 0.2 | 1.0 | -10.6% |
| Others | 1.7 | 3.1 | 9.6 | 1.5 | -4.1% |
| Total | 48.3 | 53.9 | 51.1 | 52.5 | 2.8% |
Top Export Markets for Powdered Milk from Saudi Arabia in 2022:
- United Arab Emirates (6.6K tons)
- Bahrain (2.2K tons)
- Somalia (1.6K tons)
- Iraq (1.6K tons)
- Jordan (1.5K tons)
- Mauritania (1.4K tons)
- Kuwait (1.2K tons)
- Oman (0.9K tons)
This report provides an in-depth analysis of the powdered milk market in Saudi Arabia. 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
Country coverage:
- Saudi Arabia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Saudi Arabia
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals Slaughtered, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the powdered milk market in Saudi Arabia.
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This report provides an in-depth analysis of the market for powdered, condensed or evaporated milk in Saudi Arabia.
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This report provides an in-depth analysis of the market for evaporated and condensed milk in Saudi Arabia.
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This report provides an in-depth analysis of the market for sweetened condensed and evaporated milk in Saudi Arabia.
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This report provides an in-depth analysis of the market for unsweetened condensed and evaporated milk in Saudi Arabia.
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This report provides an in-depth analysis of the skim powdered milk market in Saudi Arabia.
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This report provides an in-depth analysis of the market for powdered, evaporated and condensed milk in Saudi Arabia.
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This report provides an in-depth analysis of the whole powdered milk market in Saudi Arabia.
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This report provides an in-depth analysis of the global powdered milk market.
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This report provides an in-depth analysis of the global market for powdered, condensed or evaporated milk.
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Explore the top import markets for powdered milk and discover key statistics and numbers showcasing the global trade in this sector. China, Algeria, Indonesia, Mexico, United Arab Emirates, Philippines, Netherlands, Malaysia, Belgium, and Thailand are the leading countries in the import value of powdered milk.
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Germany dominates in the global skimmed milk trade. In 2014, Germany exported X thousand tons of skimmed milk totaling X million USD, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total skimmed mi
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New Zealand seized control of the market for evaporated and condensed milk. In 2014, New Zealand exported X thousand tons of evaporated and condensed milk totaling X million USD, X% over the previous year. Its primary trading partner was Chin
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Explore the top import markets for powdered, evaporated, and condensed milk in the world. Learn about the countries with the highest import values and key statistics. Find out how IndexBox market intelligence platform provides valuable insights.
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Discover the top 10 countries with the highest import values for whole powdered milk in 2023. Learn about the trends and factors driving the demand for this dairy product in key markets.
307
Explore the top import markets for powdered milk and discover key statistics and numbers showcasing the global trade in this sector. China, Algeria, Indonesia, Mexico, United Arab Emirates, Philippines, Netherlands, Malaysia, Belgium, and Thailand are the leading countries in the import value of powdered milk.
1311
Germany dominates in the global skimmed milk trade. In 2014, Germany exported X thousand tons of skimmed milk totaling X million USD, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total skimmed mi
1709
New Zealand seized control of the market for evaporated and condensed milk. In 2014, New Zealand exported X thousand tons of evaporated and condensed milk totaling X million USD, X% over the previous year. Its primary trading partner was Chin
238
Explore the top import markets for powdered, evaporated, and condensed milk in the world. Learn about the countries with the highest import values and key statistics. Find out how IndexBox market intelligence platform provides valuable insights.
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Discover the top 10 countries with the highest import values for whole powdered milk in 2023. Learn about the trends and factors driving the demand for this dairy product in key markets.
