India - Condensed Or Evaporated Milk (Sweetened) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Sweetened Condensed and Evaporated Milk in India - 2023
Contents:
- Price for Sweetened Condensed and Evaporated Milk in India (FOB) - 2022
- Price for Sweetened Condensed and Evaporated Milk in India (CIF) - 2022
- Exports of Sweetened Condensed and Evaporated Milk in India
- Imports of Sweetened Condensed and Evaporated Milk in India
Price for Sweetened Condensed and Evaporated Milk in India (FOB) - 2022
In 2022, the average export price for condensed or evaporated milk (sweetened) amounted to $2,933 per ton, increasing by 3% against the previous year. Over the period under review, export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sweetened condensed and evaporated milk export price decreased by -6.0% against 2020 indices. The pace of growth was the most pronounced in 2020 an increase of 72%. The export price peaked at $4,316 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($4,022 per ton), while the average price for exports to Seychelles ($835 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 Bhutan (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Sweetened Condensed and Evaporated Milk in India (CIF) - 2022
The average import price for condensed or evaporated milk (sweetened) stood at $1,414 per ton in 2022, shrinking by -9.4% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 93% against the previous year. As a result, import price reached the peak level of $3,011 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for France amounted to +18.5% per year.
Exports of Sweetened Condensed and Evaporated Milk in India
In 2022, shipments abroad of condensed or evaporated milk (sweetened) decreased by -52.5% to 128 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports saw a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 24% against the previous year.
In value terms, sweetened condensed and evaporated milk exports shrank dramatically to $375K in 2022. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 112% against the previous year. As a result, the exports attained the peak of $784K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Sweetened Condensed and Evaporated Milk in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 97.9 | 177 | 27.4 | 111 | 4.3% |
| Nepal | 71.6 | 222 | 85.4 | 56.3 | -7.7% |
| Saint Vincent and the Grenadines | N/A | N/A | N/A | 48.3 | 0% |
| United States | 21.5 | 50.9 | 87.5 | 39.8 | 22.8% |
| Singapore | 36.8 | 13.4 | 6.3 | 27.9 | -8.8% |
| New Zealand | 1.0 | 2.2 | 0.8 | 21.9 | 179.8% |
| Bhutan | 57.7 | 32.1 | 24.6 | 7.0 | -50.5% |
| Seychelles | 0.7 | 7.9 | 13.0 | 4.4 | 84.6% |
| Hong Kong SAR | N/A | 124 | 37.9 | 2.5 | -85.8% |
| Maldives | 21.7 | 1.8 | 0.6 | 0.7 | -68.2% |
| Mauritius | 20.9 | 5.3 | N/A | N/A | -74.6% |
| Brunei Darussalam | 24.8 | 37.8 | 38.7 | N/A | 24.9% |
| Bangladesh | N/A | N/A | 374 | N/A | 0% |
| Others | 14.8 | 110 | 69.9 | 54.4 | 54.3% |
| Total | 369 | 784 | 766 | 375 | 0.5% |
Top Export Markets for Sweetened Condensed and Evaporated Milk from India in 2022:
- United Arab Emirates (27.7 tons)
- Nepal (27.3 tons)
- Saint Vincent and the Grenadines (16.0 tons)
- United States (12.7 tons)
- Singapore (12.0 tons)
- New Zealand (10.7 tons)
- Seychelles (5.3 tons)
- Bhutan (2.1 tons)
- Maldives (0.9 tons)
- Hong Kong SAR (0.5 tons)
Imports of Sweetened Condensed and Evaporated Milk in India
In 2022, imports of condensed or evaporated milk (sweetened) into India soared to 77 tons, surging by 55% against 2021. Overall, imports enjoyed buoyant growth. The growth pace was the most rapid in 2020 with an increase of 85%. As a result, imports attained the peak of 104 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, sweetened condensed and evaporated milk imports surged to $109K in 2022. Over the period under review, imports enjoyed a resilient expansion. The growth pace was the most rapid in 2020 when imports increased by 76%. As a result, imports reached the peak of $140K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Sweetened Condensed and Evaporated Milk in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 41.2 | 37.2 | 77.5 | 109 | 38.3% |
| New Zealand | N/A | 100 | N/A | N/A | 0% |
| Belgium | 13.2 | N/A | N/A | N/A | 0% |
| Myanmar | 19.6 | N/A | N/A | N/A | 0% |
| Others | 5.8 | 2.9 | N/A | N/A | -50.0% |
| Total | 79.8 | 140 | 77.5 | 109 | 11.0% |
Top Suppliers of Sweetened Condensed and Evaporated Milk to India in 2022:
- United Arab Emirates (77.1 tons)
This report provides an in-depth analysis of the market for sweetened condensed and evaporated milk in India. 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:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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
- 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 VOLUME AND VALUE
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
- 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
- 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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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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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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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.
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