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

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

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Price for Sweetened Condensed and Evaporated Milk in Uzbekistan - 2023

Contents:

  1. Price for Sweetened Condensed and Evaporated Milk in Uzbekistan (CIF) - 2023
  2. Price for Sweetened Condensed and Evaporated Milk in Uzbekistan (FOB) - 2022
  3. Imports of Sweetened Condensed and Evaporated Milk in Uzbekistan
  4. Exports of Sweetened Condensed and Evaporated Milk in Uzbekistan

Price for Sweetened Condensed and Evaporated Milk in Uzbekistan (CIF) - 2023

The average import price for condensed or evaporated milk (sweetened) stood at $2,121 per ton in May 2023, which is down by -19.2% against the previous month. Over the period from May 2022 to May 2023, it increased at an average monthly rate of +2.3%. The pace of growth was the most pronounced in June 2022 an increase of 56% against the previous month. The import price peaked at $2,731 per ton in July 2022; however, from August 2022 to May 2023, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In May 2023, the country with the highest price was Russia ($2,229 per ton), while the price for Belarus totaled $1,900 per ton.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Russia (+2.8%).

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

In 2022, the average export price for condensed or evaporated milk (sweetened) amounted to $1,501 per ton, picking up by 54% against the previous year. Overall, the export price posted buoyant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Azerbaijan ($1,733 per ton), while the average price for exports to Tajikistan ($881 per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkmenistan (+25.2%).

Imports of Sweetened Condensed and Evaporated Milk in Uzbekistan

In 2022, the amount of condensed or evaporated milk (sweetened) imported into Uzbekistan soared to 631 tons, increasing by 41% compared with the year before. In general, imports enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2020 with an increase of 81%. As a result, imports reached the peak of 976 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, sweetened condensed and evaporated milk imports skyrocketed to $1.5M in 2022. Overall, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Sweetened Condensed and Evaporated Milk in Uzbekistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia5246703041,11128.5%
Belarus36.320.710125691.8%
Ukraine66.532311557.9-4.5%
Kyrgyzstan0.72.09.327.0237.9%
Kazakhstan15.232.735.5N/A52.8%
Malaysia11883.4109N/A-3.9%
Others3.90.10.34.44.1%
Total7641,1326741,45624.0%

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

  1. Russia (475.4 tons)
  2. Belarus (108.1 tons)
  3. Ukraine (27.3 tons)
  4. Kyrgyzstan (19.2 tons)

Exports of Sweetened Condensed and Evaporated Milk in Uzbekistan

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 29,492% to 305 tons. In general, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, sweetened condensed and evaporated milk exports surged to $457K in 2022. Over the period under review, exports posted significant growth. 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 Uzbekistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkmenistan38.4N/AN/A29096.2%
GeorgiaN/AN/AN/A64.10%
AzerbaijanN/AN/AN/A53.40%
Tajikistan3.88.51.048.5133.7%
OthersN/A0.6N/A1.558.1%
Total42.29.11.0457121.2%

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

  1. Turkmenistan (178.1 tons)
  2. Tajikistan (55.1 tons)
  3. Georgia (37.5 tons)
  4. Azerbaijan (30.8 tons)

Source: IndexBox Market Intelligence Platform

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

  • Uzbekistan

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Uzbekistan
  • 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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Free Data: Condensed Or Evaporated Milk (Sweetened) - Uzbekistan