South Africa - 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 South Africa - 2023
Contents:
- Price for Sweetened Condensed and Evaporated Milk in South Africa (FOB) - 2023
- Price for Sweetened Condensed and Evaporated Milk in South Africa (CIF) - 2022
- Exports of Sweetened Condensed and Evaporated Milk in South Africa
- Imports of Sweetened Condensed and Evaporated Milk in South Africa
Price for Sweetened Condensed and Evaporated Milk in South Africa (FOB) - 2023
In July 2023, the average export price for condensed or evaporated milk (sweetened) amounted to $2,344 per ton, remaining constant against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 41% m-o-m. Over the period under review, the average export prices hit record highs at $3,210 per ton in August 2022; however, from September 2022 to July 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was Zambia ($4,824 per ton), while the average price for exports to Botswana ($984 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Zimbabwe (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Sweetened Condensed and Evaporated Milk in South Africa (CIF) - 2022
In 2022, the average import price for condensed or evaporated milk (sweetened) amounted to $2,491 per ton, dropping by -25.8% against the previous year. In general, the import price saw a noticeable shrinkage. The growth pace was the most rapid in 2013 an increase of 41% against the previous year. As a result, import price attained the peak level of $5,186 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($6,705 per ton), while the price for Malaysia ($1,248 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Sweetened Condensed and Evaporated Milk in South Africa
In 2022, sweetened condensed and evaporated milk exports from South Africa reduced notably to 3K tons, shrinking by -22.2% compared with 2021 figures. Over the period under review, exports showed a deep reduction. The growth pace was the most rapid in 2021 when exports increased by 4.6% against the previous year.
In value terms, sweetened condensed and evaporated milk exports declined to $5.9M in 2022. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 22%. As a result, the exports attained the peak of $6.5M, and then fell in the following year.
| Export of Sweetened Condensed and Evaporated Milk in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 2,854 | 2,295 | 3,044 | 2,206 | -8.2% |
| Mozambique | 500 | 413 | 578 | 1,366 | 39.8% |
| Botswana | 765 | 709 | 1,104 | 632 | -6.2% |
| Congo | 0.4 | N/A | 19.9 | 372 | 876.1% |
| Swaziland | 198 | 433 | 439 | 363 | 22.4% |
| Zambia | 544 | 348 | 262 | 223 | -25.7% |
| Zimbabwe | 24.3 | 204 | 42.9 | 198 | 101.2% |
| Lesotho | 330 | 228 | 163 | 147 | -23.6% |
| Comoros | 433 | 185 | 387 | 14.8 | -67.5% |
| Others | 428 | 503 | 464 | 421 | -0.5% |
| Total | 6,077 | 5,319 | 6,504 | 5,943 | -0.7% |
Top Export Markets for Sweetened Condensed and Evaporated Milk from South Africa in 2022:
- Namibia (1511.4 tons)
- Mozambique (498.8 tons)
- Botswana (253.4 tons)
- Swaziland (228.4 tons)
- Zimbabwe (98.2 tons)
- Congo (81.8 tons)
- Lesotho (79.1 tons)
- Zambia (73.2 tons)
- Comoros (14.1 tons)
Imports of Sweetened Condensed and Evaporated Milk in South Africa
Sweetened condensed and evaporated milk imports into South Africa soared to 1.9K tons in 2022, with an increase of 329% on 2021. Over the period under review, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, sweetened condensed and evaporated milk imports skyrocketed to $4.6M in 2022. In general, imports showed significant growth. 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 South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | N/A | 108 | N/A | 2,826 | 411.5% |
| Italy | 806 | 822 | 560 | 830 | 1.0% |
| Belgium | 366 | 371 | 466 | 412 | 4.0% |
| Netherlands | 324 | 221 | 1.5 | 298 | -2.7% |
| Malaysia | 176 | 195 | 173 | 179 | 0.6% |
| Ukraine | 94.5 | 149 | 136 | 23.9 | -36.8% |
| Others | 57.4 | 88.8 | 116 | 50.2 | -4.4% |
| Total | 1,823 | 1,956 | 1,452 | 4,619 | 36.3% |
Top Suppliers of Sweetened Condensed and Evaporated Milk to South Africa in 2022:
- Lithuania (1330.1 tons)
- Malaysia (143.2 tons)
- Netherlands (139.7 tons)
- Italy (135.9 tons)
- Belgium (61.5 tons)
- Ukraine (12.5 tons)
This report provides an in-depth analysis of the market for sweetened condensed and evaporated milk in South Africa. 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:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- 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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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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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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