Africa: Powdered Milk Market 2024

Powdered Milk Market Size in Africa

The African powdered milk market amounted to $X in 2022, approximately reflecting the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Powdered Milk Production in Africa

In value terms, powdered milk production expanded rapidly to $X in 2022 estimated in export price. In general, production, however, saw a mild reduction. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

The countries with the highest volumes of production in 2022 were South Africa (X tons), Uganda (X tons) and Zimbabwe (X tons), together comprising X% of total production. Rwanda, Kenya, Tunisia and Zambia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Tunisia (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.

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Powdered Milk Exports

Exports in Africa

In 2022, shipments abroad of powdered milk increased by X% to X tons, rising for the third consecutive year after two years of decline. In general, exports, however, recorded a perceptible curtailment. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, powdered milk exports rose remarkably to $X in 2022. Overall, exports, however, showed a pronounced decrease. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

In 2022, South Africa (X tons) was the main exporter of powdered milk, mixing up X% of total exports. Uganda (X tons) ranks second in terms of the total exports with a X% share, followed by Zambia (X%), Togo (X%) and Cote d'Ivoire (X%). The following exporters - Egypt (X tons) and Senegal (X tons) - together made up X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Zambia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest powdered milk supplying countries in Africa were South Africa ($X), Uganda ($X) and Zambia ($X), with a combined X% share of total exports.

Zambia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Africa amounted to $X per ton, falling by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2013 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Egypt ($X per ton), while Zambia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (X%), while the other leaders experienced more modest paces of growth.

Powdered Milk Imports

Imports in Africa

In 2022, the amount of powdered milk imported in Africa reduced modestly to X tons, approximately equating 2021. The total import volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports reached the maximum at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, powdered milk imports rose slightly to $X in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by X%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Algeria (X tons) was the largest importer of powdered milk, creating X% of total imports. Egypt (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Nigeria (X%) and Somalia (X%). The following importers - Libya (X tons), Mauritania (X tons), Sudan (X tons), Morocco (X tons), Ghana (X tons), Angola (X tons), Cote d'Ivoire (X tons), Mauritius (X tons) and Cameroon (X tons) - together made up X% of total imports.

Imports into Algeria increased at an average annual rate of X% from 2012 to 2022. At the same time, Morocco (X%), Somalia (X%), Mauritania (X%), Cameroon (X%), Ghana (X%) and Sudan (X%) displayed positive paces of growth. Moreover, Morocco emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2022. Cote d'Ivoire, Mauritius and Libya experienced a relatively flat trend pattern. By contrast, Angola (X%), Egypt (X%) and Nigeria (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Algeria, Somalia and Morocco increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Algeria ($X) constitutes the largest market for imported powdered milk in Africa, comprising X% of total imports. The second position in the ranking was taken by Nigeria ($X), with an X% share of total imports. It was followed by Egypt, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Algeria was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Nigeria (X% per year) and Egypt (X% per year).

Import Prices by Country

The import price in Africa stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Mauritius ($X per ton), while Mauritania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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