Kenya - Condensed Or Evaporated Milk (Unsweetened) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Unsweetened Condensed and Evaporated Milk in Kenya - 2021
Contents:
- Price for Unsweetened Condensed and Evaporated Milk in Kenya (CIF) - 2022
- Price for Unsweetened Condensed and Evaporated Milk in Kenya (FOB) - 2022
- Imports of Unsweetened Condensed and Evaporated Milk in Kenya
- Exports of Unsweetened Condensed and Evaporated Milk in Kenya
Price for Unsweetened Condensed and Evaporated Milk in Kenya (CIF) - 2022
The average import price for condensed or evaporated milk (unsweetened) stood at $2,314 per ton in 2022, with an increase of 27% against the previous year. In general, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, unsweetened condensed and evaporated milk import price decreased by -5.5% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by 44% against the previous year. The import price peaked at $2,528 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Uganda ($2,555 per ton), while the price for the Netherlands ($1,163 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uganda (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Unsweetened Condensed and Evaporated Milk in Kenya (FOB) - 2022
In 2022, the average export price for condensed or evaporated milk (unsweetened) amounted to $864 per ton, approximately equating the previous year. Over the period under review, the export price recorded a abrupt slump. The pace of growth appeared the most rapid in 2016 an increase of 40% against the previous year. Over the period under review, the average export prices attained the peak figure at $1,863 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was South Sudan ($1,090 per ton), while the average price for exports to Rwanda ($273 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 Tanzania (-3.5%), while the prices for the other major destinations experienced a decline.
Imports of Unsweetened Condensed and Evaporated Milk in Kenya
In 2022, the amount of condensed or evaporated milk (unsweetened) imported into Kenya skyrocketed to 104 tons, rising by 125% compared with the previous year's figure. Overall, imports, however, continue to indicate a slight descent.
In value terms, unsweetened condensed and evaporated milk imports soared to $240K in 2022. In general, imports, however, saw a pronounced setback.
| Import of Unsweetened Condensed and Evaporated Milk in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uganda | 182 | 295 | 69.3 | 214 | 5.5% |
| United Arab Emirates | 27.7 | 48.5 | 6.3 | 11.6 | -25.2% |
| Saudi Arabia | 41.5 | 47.5 | 4.6 | 11.4 | -35.0% |
| Others | 10.7 | 4.4 | 3.9 | 2.5 | -38.4% |
| Total | 262 | 396 | 84.2 | 240 | -2.9% |
Top Suppliers of Unsweetened Condensed and Evaporated Milk to Kenya in 2022:
- Uganda (83.9 tons)
- United Arab Emirates (10.0 tons)
- Saudi Arabia (8.3 tons)
Exports of Unsweetened Condensed and Evaporated Milk in Kenya
Unsweetened condensed and evaporated milk exports from Kenya reduced remarkably to 11 tons in 2022, shrinking by -29.5% compared with the year before. In general, exports, however, continue to indicate perceptible growth. The most prominent rate of growth was recorded in 2021 with an increase of 144%. As a result, the exports reached the peak of 16 tons, and then fell remarkably in the following year.
In value terms, unsweetened condensed and evaporated milk exports contracted remarkably to $9.9K in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 151%. As a result, the exports reached the peak of $14K, and then contracted sharply in the following year.
| Export of Unsweetened Condensed and Evaporated Milk in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | 1.9 | 3.3 | 7.5 | 4.9 | 37.1% |
| South Sudan | 6.2 | 1.1 | 3.1 | 2.4 | -27.1% |
| Tanzania | 1.5 | 0.8 | 1.6 | 0.9 | -15.7% |
| Others | 0.2 | 0.4 | 2.0 | 1.6 | 100.0% |
| Total | 9.8 | 5.6 | 14.1 | 9.9 | 0.3% |
Top Export Markets for Unsweetened Condensed and Evaporated Milk from Kenya in 2022:
- Democratic Republic of the Congo (7.1 tons)
- South Sudan (2.2 tons)
- Tanzania (1.2 tons)
This report provides an in-depth analysis of the market for unsweetened condensed and evaporated milk in Kenya. 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:
- Kenya
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Kenya
- 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
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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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