Report Update: May 1, 2024

Egypt - Condensed Or Evaporated Milk (Unsweetened) - Market Analysis, Forecast, Size, Trends And Insights

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Price for Unsweetened Condensed and Evaporated Milk in Egypt - 2023

Price for Unsweetened Condensed and Evaporated Milk in Egypt (CIF) - 2022

In 2022, the average import price for condensed or evaporated milk (unsweetened) amounted to $1,577 per ton, picking up by 8.2% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 150% against the previous year. As a result, import price attained the peak level of $3,036 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Saudi Arabia ($1,577 per ton) and the Netherlands ($1,577 per ton), while the price for the United Arab Emirates ($1,571 per ton) and Germany ($1,576 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+2.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Unsweetened Condensed and Evaporated Milk in Egypt (FOB) - 2022

In 2022, the average export price for condensed or evaporated milk (unsweetened) amounted to $1,886 per ton, growing by 13% against the previous year. Overall, the export price posted a slight increase. The growth pace was the most rapid in 2013 when the average export price increased by 76% against the previous year. As a result, the export price reached the peak level of $2,810 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United Arab Emirates ($1,886 per ton) and Comoros ($1,886 per ton), while the average price for exports to Senegal ($1,885 per ton) and Kuwait ($1,886 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Unsweetened Condensed and Evaporated Milk in Egypt

In 2022, approx. 174 tons of condensed or evaporated milk (unsweetened) were imported into Egypt; with an increase of 214% compared with 2021 figures. Overall, imports posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 280%. As a result, imports reached the peak of 292 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, unsweetened condensed and evaporated milk imports skyrocketed to $274K in 2022. Over the period under review, imports saw a buoyant increase.

Import of Unsweetened Condensed and Evaporated Milk in Egypt (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Saudi Arabia	N/A	N/A	N/A	153	0%
Netherlands	108	401	43.1	120	3.6%
Germany	75.5	N/A	36.4	1.1	-75.6%
Malaysia	N/A	23.9	N/A	N/A	0%
Others	4.7	7.4	1.1	0.1	-72.3%
Total	188	433	80.6	274	13.4%

Top Suppliers of Unsweetened Condensed and Evaporated Milk to Egypt in 2022:

Saudi Arabia (96.9 tons)
Netherlands (75.8 tons)
Germany (0.7 tons)

Exports of Unsweetened Condensed and Evaporated Milk in Egypt

Unsweetened condensed and evaporated milk exports from Egypt reduced rapidly to 19 tons in 2022, dropping by -59.6% against the previous year's figure. Overall, exports saw a precipitous decline. The pace of growth was the most pronounced in 2021 when exports increased by 99% against the previous year.

In value terms, unsweetened condensed and evaporated milk exports dropped rapidly to $36K in 2022. In general, exports saw a sharp slump. The pace of growth was the most pronounced in 2021 when exports increased by 105% against the previous year.

Export of Unsweetened Condensed and Evaporated Milk in Egypt (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Comoros	N/A	N/A	N/A	18.4	0%
Kuwait	N/A	N/A	38.7	8.5	-78.0%
United Arab Emirates	40.6	19.6	7.2	7.9	-42.1%
Senegal	N/A	N/A	N/A	0.7	0%
Yemen	29.9	N/A	N/A	N/A	0%
Jordan	45.1	N/A	0.5	N/A	-89.5%
Iraq	16.8	N/A	N/A	N/A	0%
Saudi Arabia	26.9	N/A	24.0	N/A	-5.5%
Mauritania	65.5	N/A	N/A	N/A	0%
Others	0.8	18.2	7.1	N/A	197.9%
Total	226	37.8	77.6	35.5	-46.0%

Top Export Markets for Unsweetened Condensed and Evaporated Milk from Egypt in 2022:

Comoros (9.8 tons)
Kuwait (4.5 tons)
United Arab Emirates (4.2 tons)
Senegal (0.4 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for unsweetened condensed and evaporated milk in Egypt. 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 894 - Whole Milk, Evaporated
FCL 895 - Skim Milk, Evaporated

Country coverage:

Egypt

Data coverage:

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

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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