Japan - 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 Japan - 2023
Contents:
- Price for Sweetened Condensed and Evaporated Milk in Japan (CIF) - 2022
- Price for Sweetened Condensed and Evaporated Milk in Japan (FOB) - 2023
- Imports of Sweetened Condensed and Evaporated Milk in Japan
- Exports of Sweetened Condensed and Evaporated Milk in Japan
Price for Sweetened Condensed and Evaporated Milk in Japan (CIF) - 2022
The average import price for condensed or evaporated milk (sweetened) stood at $9,880 per ton in 2022, jumping by 23% against the previous year. In general, the import price enjoyed a moderate expansion. The pace of growth appeared the most rapid in 2017 an increase of 70%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($14,037 per ton), while the price for Brazil ($2,203 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Sweetened Condensed and Evaporated Milk in Japan (FOB) - 2023
The average export price for condensed or evaporated milk (sweetened) stood at $2,811 per ton in July 2023, with a decrease of -22.5% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 when the average export price increased by 43% month-to-month. As a result, the export price reached the peak level of $3,799 per ton. From November 2022 to July 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Taiwan (Chinese) ($4,725 per ton), while the average price for exports to Hong Kong SAR totaled $2,649 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+1.5%), while the prices for the other major destinations experienced a decline.
Imports of Sweetened Condensed and Evaporated Milk in Japan
In 2022, overseas purchases of condensed or evaporated milk (sweetened) were finally on the rise to reach 232 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a sharp decline.
In value terms, sweetened condensed and evaporated milk imports surged to $2.3M in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern.
| Import of Sweetened Condensed and Evaporated Milk in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 763 | 871 | 1,074 | 1,999 | 37.9% |
| Belgium | 638 | 791 | 151 | 166 | -36.2% |
| France | 54.7 | 72.5 | 48.9 | 82.9 | 14.9% |
| Germany | 32.6 | 28.7 | 19.3 | 35.7 | 3.1% |
| Brazil | 32.4 | 43.9 | 36.8 | 10.0 | -32.4% |
| China | 56.7 | 89.8 | N/A | N/A | 58.4% |
| Australia | 777 | 123 | N/A | N/A | -84.2% |
| Others | 4.2 | N/A | N/A | N/A | 0% |
| Total | 2,359 | 2,020 | 1,329 | 2,294 | -0.9% |
Top Suppliers of Sweetened Condensed and Evaporated Milk to Japan in 2022:
- Italy (179.0 tons)
- Belgium (28.0 tons)
- Germany (14.7 tons)
- France (5.9 tons)
- Brazil (4.5 tons)
Exports of Sweetened Condensed and Evaporated Milk in Japan
In 2022, the amount of condensed or evaporated milk (sweetened) exported from Japan skyrocketed to 212 tons, growing by 73% on 2021 figures. Overall, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, sweetened condensed and evaporated milk exports soared to $1.4M in 2022. In general, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Sweetened Condensed and Evaporated Milk in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 10.3 | 168 | 30.9 | 712 | 310.4% |
| Taiwan (Chinese) | 516 | 521 | 558 | 552 | 2.3% |
| Singapore | 2.7 | 46.5 | 66.7 | 123 | 257.1% |
| Thailand | 12.9 | 4.2 | 47.5 | 30.4 | 33.1% |
| Others | 37.0 | 44.9 | 73.1 | 30.1 | -6.6% |
| Total | 579 | 784 | 776 | 1,447 | 35.7% |
Top Export Markets for Sweetened Condensed and Evaporated Milk from Japan in 2022:
- Taiwan (Chinese) (111.7 tons)
- Hong Kong SAR (63.1 tons)
- Singapore (29.8 tons)
- Thailand (4.2 tons)
This report provides an in-depth analysis of the market for sweetened condensed and evaporated milk in Japan. 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:
- Japan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Japan
- 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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