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

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

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Price for Sweetened Condensed and Evaporated Milk in Israel - 2023

Contents:

  1. Price for Sweetened Condensed and Evaporated Milk in Israel (CIF) - 2022
  2. Price for Sweetened Condensed and Evaporated Milk in Israel (FOB) - 2022
  3. Imports of Sweetened Condensed and Evaporated Milk in Israel
  4. Exports of Sweetened Condensed and Evaporated Milk in Israel

Price for Sweetened Condensed and Evaporated Milk in Israel (CIF) - 2022

The average import price for condensed or evaporated milk (sweetened) stood at $2,304 per ton in 2022, rising by 12% against the previous year. Over the last decade, it increased at an average annual rate of +2.0%. The growth pace was the most rapid in 2017 an increase of 27% against the previous year. The import price peaked in 2022 and is likely to continue growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belarus ($2,304 per ton), while the price for the Netherlands ($2,304 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+15.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Sweetened Condensed and Evaporated Milk in Israel (FOB) - 2022

The average export price for condensed or evaporated milk (sweetened) stood at $2,403 per ton in 2022, surging by 21% against the previous year. In general, export price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.5% 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 -47.5% against 2016 indices. The growth pace was the most rapid in 2016 an increase of 28% against the previous year. As a result, the export price attained the peak level of $4,576 per ton. From 2017 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($9,649 per ton), while the average price for exports to Belgium ($1,000 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 the United States (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sweetened Condensed and Evaporated Milk in Israel

In 2022, the amount of condensed or evaporated milk (sweetened) imported into Israel soared to 339 tons, picking up by 27% on the year before. Overall, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +26.2% 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 +100.9% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 99%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the near future.

In value terms, sweetened condensed and evaporated milk imports skyrocketed to $780K in 2022. Over the period under review, imports showed significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 117% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Sweetened Condensed and Evaporated Milk in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belarus13.546.270.6524238.6%
Ukraine31.910410816372.2%
Netherlands62.011.211.582.09.8%
Spain5.813.632.9N/A138.2%
Russia17.933.035.7N/A41.2%
Sri LankaN/AN/A18.2N/A0%
China45.3113129N/A68.8%
United States6.915.616.0N/A52.3%
Lithuania11.957.010.7N/A-5.2%
Philippines5.015.711.3N/A50.3%
Egypt6.713.712.5N/A36.6%
Turkey12.07.45.3N/A-33.5%
Others91.224289.511.0-50.6%
Total31067355178036.0%

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

  1. Belarus (227.5 tons)
  2. Ukraine (70.8 tons)
  3. Netherlands (35.6 tons)

Exports of Sweetened Condensed and Evaporated Milk in Israel

In 2022, after two years of decline, there was significant growth in shipments abroad of condensed or evaporated milk (sweetened), when their volume increased by 33% to 675 kg. In general, exports, however, showed a abrupt descent.

In value terms, sweetened condensed and evaporated milk exports skyrocketed to $1.6K in 2022. Overall, exports, however, faced a precipitous contraction.

Export of Sweetened Condensed and Evaporated Milk in Israel (USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa1,128777358667-16.1%
United States1,688954361550-31.2%
United Kingdom532351155276-19.6%
ThailandN/AN/A89.0N/A0%
Others8.016040.0129152.6%
Total3,3562,2421,0031,622-21.5%

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

  1. South Africa (499.0 kg)
  2. United Kingdom (90.0 kg)
  3. United States (57.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for sweetened condensed and evaporated milk in Israel. 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:

  • Israel

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Israel
  • 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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