Ireland - 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 Ireland - 2023
Contents:
- Price for Sweetened Condensed and Evaporated Milk in Ireland (CIF) - 2023
- Price for Sweetened Condensed and Evaporated Milk in Ireland (FOB) - 2023
- Imports of Sweetened Condensed and Evaporated Milk in Ireland
- Exports of Sweetened Condensed and Evaporated Milk in Ireland
Price for Sweetened Condensed and Evaporated Milk in Ireland (CIF) - 2023
The average import price for condensed or evaporated milk (sweetened) stood at $3,365 per ton in June 2023, rising by 6.7% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.3%. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 45% against the previous month. The import price peaked in June 2023.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the Netherlands ($5,115 per ton), while the price for Poland ($1,812 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 Germany (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Sweetened Condensed and Evaporated Milk in Ireland (FOB) - 2023
In June 2023, the average export price for condensed or evaporated milk (sweetened) amounted to $5,956 per ton, which is down by -6.4% against the previous month. Over the period under review, export price indicated notable growth from June 2022 to June 2023: its price increased at an average monthly rate of +4.1% 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 export price increased by +71.6% against February 2023 indices. The most prominent rate of growth was recorded in March 2023 an increase of 41% m-o-m. The export price peaked at $6,364 per ton in May 2023, and then reduced in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Malaysia ($15,081 per ton), while the average price for exports to Ghana ($3,664 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 Malaysia (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Sweetened Condensed and Evaporated Milk in Ireland
In 2022, the amount of condensed or evaporated milk (sweetened) imported into Ireland soared to 4.1K tons, rising by 32% against the year before. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +14.2% over the last three-year period. 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. The most prominent rate of growth was recorded in 2020 with an increase of 47%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.
In value terms, sweetened condensed and evaporated milk imports soared to $6.6M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +14.6% 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 +50.5% 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 Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 3,300 | 3,432 | 1,329 | 3,064 | -2.4% |
| Belgium | 167 | 326 | 1,438 | 2,233 | 137.4% |
| Germany | 273 | 660 | 1,025 | 498 | 22.2% |
| Slovenia | 201 | 175 | 318 | 247 | 7.1% |
| Netherlands | 265 | 29.1 | 195 | 230 | -4.6% |
| Poland | 45.9 | 139 | 271 | 220 | 68.6% |
| Others | 138 | 238 | 445 | 116 | -5.6% |
| Total | 4,390 | 4,999 | 5,020 | 6,608 | 14.6% |
Top Suppliers of Sweetened Condensed and Evaporated Milk to Ireland in 2022:
- United Kingdom (3007.7 tons)
- Belgium (553.0 tons)
- Germany (227.3 tons)
- Poland (110.0 tons)
- Slovenia (73.6 tons)
- Netherlands (70.9 tons)
Exports of Sweetened Condensed and Evaporated Milk in Ireland
In 2022, the amount of condensed or evaporated milk (sweetened) exported from Ireland declined to 321 tons, with a decrease of -4.5% on 2021 figures. In general, exports saw a precipitous shrinkage.
In value terms, sweetened condensed and evaporated milk exports rose to $1.2M in 2022. Overall, exports recorded a precipitous curtailment.
| Export of Sweetened Condensed and Evaporated Milk in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 1.4 | 0.2 | 0.1 | 1.2 | -5.0% |
| China | 0.5 | N/A | N/A | N/A | 0% |
| Germany | 0.9 | N/A | N/A | N/A | 0% |
| Poland | 10.5 | 1.6 | 0.9 | N/A | -70.7% |
| Ghana | 0.1 | N/A | N/A | N/A | 0% |
| Others | 1.0 | 0.2 | 0.2 | N/A | -55.3% |
| Total | 14.4 | 2.1 | 1.2 | 1.2 | -56.3% |
Top Export Markets for Sweetened Condensed and Evaporated Milk from Ireland in 2022:
- United Kingdom (320.3 tons)
This report provides an in-depth analysis of the market for sweetened condensed and evaporated milk in Ireland. 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ireland
- 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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