Thailand - Evaporated And Condensed Milk - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Evaporated and Condensed Milk in Thailand - 2023
Contents:
- Price for Evaporated and Condensed Milk in Thailand (CIF) - 2022
- Price for Evaporated and Condensed Milk in Thailand (FOB) - 2022
- Imports of Evaporated and Condensed Milk in Thailand
- Exports of Evaporated and Condensed Milk in Thailand
Price for Evaporated and Condensed Milk in Thailand (CIF) - 2022
The average evaporated and condensed milk import price stood at $3,644 per ton in 2022, growing by 96% against the previous year. In general, the import price recorded a resilient increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was New Zealand ($6,939 per ton), while the price for Malaysia ($1,446 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Evaporated and Condensed Milk in Thailand (FOB) - 2022
The average evaporated and condensed milk export price stood at $1,554 per ton in 2022, surging by 14% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average export price increased by 23% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Philippines ($2,161 per ton), while the average price for exports to Lao People's Democratic Republic ($1,220 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 Taiwan (Chinese) (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Evaporated and Condensed Milk in Thailand
In 2022, overseas purchases of evaporated and condensed milk decreased by -82.1% to 948 tons, falling for the second year in a row after two years of growth. In general, imports faced a significant decline. The pace of growth appeared the most rapid in 2020 with an increase of 38% against the previous year. As a result, imports reached the peak of 11K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, evaporated and condensed milk imports reduced sharply to $3.5M in 2022. Over the period under review, imports continue to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 12%. As a result, imports attained the peak of $18M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Evaporated and Condensed Milk in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 3.9 | 1.2 | 1.4 | 1.7 | -24.2% |
| Australia | 0.3 | 0.2 | 0.5 | 1.0 | 49.4% |
| Belgium | 0.2 | 0.1 | 0.1 | 0.2 | 0.0% |
| New Zealand | 0.6 | 0.7 | 0.5 | 0.1 | -45.0% |
| Germany | 0.3 | 0.5 | 0.2 | N/A | -18.4% |
| Malaysia | 9.9 | 14.2 | 6.5 | N/A | -19.0% |
| Others | 0.5 | 0.6 | 0.6 | 0.4 | -7.2% |
| Total | 15.7 | 17.6 | 9.9 | 3.5 | -39.4% |
Top Suppliers of Evaporated and Condensed Milk to Thailand in 2022:
- France (479.4 tons)
- Australia (359.7 tons)
- Belgium (40.2 tons)
- New Zealand (17.8 tons)
- Germany (10.3 tons)
- Malaysia (0.1 tons)
Exports of Evaporated and Condensed Milk in Thailand
Evaporated and condensed milk exports from Thailand skyrocketed to 7.1K tons in 2022, increasing by 34% on 2021 figures. The total export volume increased at an average annual rate of +6.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, evaporated and condensed milk exports skyrocketed to $11M in 2022. The total export value increased at an average annual rate of +7.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Evaporated and Condensed Milk in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cambodia | 3.4 | 5.1 | 2.2 | 3.8 | 3.8% |
| Lao People's Democratic Republic | 2.3 | 2.4 | 2.1 | 3.4 | 13.9% |
| Philippines | N/A | N/A | 0.1 | 1.8 | 1700.0% |
| Myanmar | 0.2 | 0.6 | 0.6 | 0.7 | 51.8% |
| Taiwan (Chinese) | 0.3 | 0.3 | 0.6 | 0.5 | 18.6% |
| China | 0.1 | N/A | 0.2 | 0.4 | 58.7% |
| Netherlands | 2.3 | 0.5 | 1.1 | N/A | -30.8% |
| Others | 0.4 | 0.5 | 0.4 | 0.4 | 0.0% |
| Total | 8.9 | 9.5 | 7.2 | 11.0 | 7.3% |
Top Export Markets for Evaporated and Condensed Milk from Thailand in 2022:
- Lao People's Democratic Republic (2.8K tons)
- Cambodia (2.3K tons)
- Philippines (0.8K tons)
- Myanmar (0.4K tons)
- Taiwan (Chinese) (0.3K tons)
- China (0.2K tons)
This report provides an in-depth analysis of the market for evaporated and condensed milk in Thailand. 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 889 - Whole Milk, Condensed
- FCL 894 - Whole Milk, Evaporated
- FCL 895 - Skim Milk, Evaporated
- FCL 896 - Skim Milk, Condensed
Country coverage:
- Thailand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Thailand
- 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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In terms of value, imports of Powdered Milk declined to $29M in July 2023.
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1708
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
1310
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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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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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.
