Thailand - 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 Thailand - 2023
Contents:
- Price for Unsweetened Condensed and Evaporated Milk in Thailand (CIF) - 2022
- Price for Unsweetened Condensed and Evaporated Milk in Thailand (FOB) - 2022
- Imports of Unsweetened Condensed and Evaporated Milk in Thailand
- Exports of Unsweetened Condensed and Evaporated Milk in Thailand
Price for Unsweetened Condensed and Evaporated Milk in Thailand (CIF) - 2022
The average import price for condensed or evaporated milk (unsweetened) stood at $3,491 per ton in 2022, waning by -9.1% against the previous year. Over the period under review, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when the average import price increased by 39%. Over the period under review, average import prices reached the peak figure at $3,839 per ton in 2021, and then shrank in the following year.
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 New Zealand ($6,910 per ton), while the price for Australia ($3,085 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Unsweetened Condensed and Evaporated Milk in Thailand (FOB) - 2022
The average export price for condensed or evaporated milk (unsweetened) stood at $1,912 per ton in 2022, approximately equating the previous year. In general, export price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +2.8% 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 export price increased by +11.4% against 2020 indices. The pace of growth appeared the most rapid in 2016 when the average export price increased by 55% against the previous year. As a result, the export price attained the peak level of $2,090 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($17,872 per ton), while the average price for exports to China ($1,620 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 Vietnam (+28.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Unsweetened Condensed and Evaporated Milk in Thailand
In 2022, the amount of condensed or evaporated milk (unsweetened) imported into Thailand expanded remarkably to 437 tons, surging by 14% on the previous year. In general, imports, however, recorded a dramatic slump.
In value terms, unsweetened condensed and evaporated milk imports amounted to $1.5M in 2022. Over the period under review, imports, however, faced a dramatic descent. The most prominent rate of growth was recorded in 2021 when imports increased by 4.2% against the previous year.
| Import of Unsweetened Condensed and Evaporated Milk in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 6.6 | 70.3 | 311 | 813 | 397.6% |
| France | 3,108 | 282 | 333 | 544 | -44.1% |
| New Zealand | 563 | 711 | 486 | 123 | -39.8% |
| United Kingdom | N/A | 29.0 | 37.9 | 46.0 | 25.9% |
| Netherlands | 129 | 319 | 301 | N/A | 52.8% |
| Others | 36.6 | 2.8 | 4.0 | 0.3 | -79.8% |
| Total | 3,843 | 1,413 | 1,472 | 1,527 | -26.5% |
Top Suppliers of Unsweetened Condensed and Evaporated Milk to Thailand in 2022:
- Australia (263.6 tons)
- France (143.9 tons)
- New Zealand (17.7 tons)
- United Kingdom (11.9 tons)
Exports of Unsweetened Condensed and Evaporated Milk in Thailand
For the fourth year in a row, Thailand recorded growth in overseas shipments of condensed or evaporated milk (unsweetened), which increased by 114% to 307 tons in 2022. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 637% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, unsweetened condensed and evaporated milk exports soared to $586K in 2022. Over the period under review, exports showed a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 732% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.
| Export of Unsweetened Condensed and Evaporated Milk in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | N/A | 29.0 | 216 | 359 | 251.8% |
| Lao People's Democratic Republic | N/A | 1.0 | 7.8 | 161 | 1168.9% |
| Taiwan (Chinese) | N/A | N/A | N/A | 47.9 | 0% |
| China | N/A | N/A | 51.8 | 10.5 | -79.7% |
| United Arab Emirates | 30.6 | N/A | 0.2 | N/A | -91.9% |
| Others | 3.1 | 3.4 | 2.0 | 7.7 | 35.4% |
| Total | 33.7 | 33.4 | 278 | 586 | 159.1% |
Top Export Markets for Unsweetened Condensed and Evaporated Milk from Thailand in 2022:
- Myanmar (183.3 tons)
- Lao People's Democratic Republic (85.9 tons)
- Taiwan (Chinese) (28.4 tons)
- China (6.5 tons)
This report provides an in-depth analysis of the market for unsweetened condensed and evaporated milk in Thailand. 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:
- Thailand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Thailand
- 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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