Germany - Condensed Or Evaporated Milk (Sweetened) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Germany - Condensed Or Evaporated Milk (Sweetened) - Market Analysis, Forecast, Size, Trends And Insights

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Price for Sweetened Condensed and Evaporated Milk in Germany - 2023

Contents:

  1. Price for Sweetened Condensed and Evaporated Milk in Germany (FOB) - 2023
  2. Price for Sweetened Condensed and Evaporated Milk in Germany (CIF) - 2023
  3. Exports of Sweetened Condensed and Evaporated Milk in Germany
  4. Imports of Sweetened Condensed and Evaporated Milk in Germany

Price for Sweetened Condensed and Evaporated Milk in Germany (FOB) - 2023

The average export price for condensed or evaporated milk (sweetened) stood at $2,690 per ton in June 2023, dropping by -7.9% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.1%. The pace of growth was the most pronounced in August 2022 an increase of 9.5% m-o-m. The export price peaked at $2,920 per ton in May 2023, and then dropped in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was Finland ($3,567 per ton), while the average price for exports to Greece ($1,676 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Sweetened Condensed and Evaporated Milk in Germany (CIF) - 2023

In June 2023, the average import price for condensed or evaporated milk (sweetened) amounted to $3,141 per ton, which is down by -17% against the previous month. Over the period under review, import price indicated a moderate expansion from June 2022 to June 2023: its price increased at an average monthly rate of +3.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, sweetened condensed and evaporated milk import price increased by +9.8% against February 2023 indices. The pace of growth appeared the most rapid in September 2022 when the average import price increased by 37% m-o-m. Over the period under review, average import prices hit record highs at $3,784 per ton in May 2023, and then reduced markedly in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($4,848 per ton), while the price for the Netherlands ($2,379 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Spain (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Sweetened Condensed and Evaporated Milk in Germany

In 2022, overseas shipments of condensed or evaporated milk (sweetened) decreased by -10.5% to 34K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 6.1%.

In value terms, sweetened condensed and evaporated milk exports reached $76M in 2022. The total export value increased at an average annual rate of +6.7% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 10% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

Export of Sweetened Condensed and Evaporated Milk in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands8.78.69.513.114.6%
France9.110.910.811.06.5%
Poland7.57.38.58.95.9%
United Kingdom8.68.98.75.9-11.8%
Italy4.35.05.25.810.5%
Belgium4.34.94.94.2-0.8%
China3.16.56.43.98.0%
Sweden2.11.83.33.012.6%
Slovenia1.51.01.72.518.6%
AustraliaN/A0.61.62.082.6%
Malaysia1.40.51.11.52.3%
Lithuania1.21.01.11.45.3%
Czech Republic0.91.01.11.210.1%
Others9.910.611.511.75.7%
Total62.668.575.476.26.8%

Top Export Markets for Sweetened Condensed and Evaporated Milk from Germany in 2022:

  1. France (5.7K tons)
  2. Poland (4.3K tons)
  3. Netherlands (3.7K tons)
  4. Italy (2.5K tons)
  5. United Kingdom (2.3K tons)
  6. Belgium (2.2K tons)
  7. China (2.1K tons)
  8. Slovenia (1.6K tons)
  9. Sweden (1.6K tons)
  10. Australia (0.8K tons)
  11. Lithuania (0.8K tons)
  12. Czech Republic (0.6K tons)
  13. Malaysia (0.6K tons)

Imports of Sweetened Condensed and Evaporated Milk in Germany

Sweetened condensed and evaporated milk imports into Germany skyrocketed to 22K tons in 2022, jumping by 54% on 2021 figures. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +12.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, sweetened condensed and evaporated milk imports soared to $54M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +14.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.8% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Sweetened Condensed and Evaporated Milk in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands12.512.811.829.433.0%
Belgium18.622.720.619.21.1%
France2.11.41.63.518.6%
Lithuania1.01.51.90.6-15.7%
Others1.81.91.30.9-20.6%
Total36.040.337.253.614.2%

Top Suppliers of Sweetened Condensed and Evaporated Milk to Germany in 2022:

  1. Netherlands (15.8K tons)
  2. Belgium (4.9K tons)
  3. France (1.2K tons)
  4. Lithuania (0.2K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for sweetened condensed and evaporated milk in Germany. 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 896 - Skim Milk, Condensed

Country coverage:

  • Germany

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Germany
  • 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. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. 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. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

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

    The Largest Destinations for Exports

    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. 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 In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

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