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Africa - Evaporated And Condensed Milk - Market Analysis, Forecast, Size, Trends and Insights
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Africa: Overview of the Market for Evaporated And Condensed Milk 2021

Market Size for Evaporated And Condensed Milk in Africa

The African evaporated and condensed milk market shrank to $X in 2020, falling by -X% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 when the market value increased by X% against the previous year. As a result, consumption reached the peak level of $X. from 2013 to 2020, the growth of the market remained at a lower figure.

Production of Evaporated And Condensed Milk in Africa

In value terms, evaporated and condensed milk production contracted significantly to $X in 2020 estimated in export prices. In general, production continues to indicate a pronounced expansion. The pace of growth appeared the most rapid in 2015 when the production volume increased by X% y-o-y. The level of production peaked at $X in 2019, and then shrank markedly in the following year.

Production By Country in Africa

South Africa (X tonnes) constituted the country with the largest volume of evaporated and condensed milk production, comprising approx. X% of total volume. Moreover, evaporated and condensed milk production in South Africa exceeded the figures recorded by the second-largest producer, Zimbabwe (X tonnes), tenfold. The third position in this ranking was occupied by Togo (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume in South Africa stood at +X%. In the other countries, the average annual rates were as follows: Zimbabwe (-X% per year) and Togo (+X% per year).

Exports of Evaporated And Condensed Milk

Exports in Africa

In 2020, exports of evaporated and condensed milk in Africa skyrocketed to X tonnes, picking up by X% against the previous year's figure. Over the period under review, exports posted a strong increase. As a result, exports attained the peak and are likely to continue growth in the immediate term.

In value terms, evaporated and condensed milk exports soared to $X in 2020. Total exports indicated a temperate expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2011 when exports increased by X% against the previous year. As a result, exports attained the peak of $X. from 2012 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

In 2020, South Africa (X tonnes) was the major exporter of evaporated and condensed milk, mixing up X% of total exports. Togo (X tonnes) ranks second in terms of the total exports with a X% share, followed by Nigeria (X%) and Ghana (X%). Niger (X tonnes) followed a long way behind the leaders.

From 2007 to 2020, average annual rates of growth with regard to evaporated and condensed milk exports from South Africa stood at +X%. At the same time, Niger (+X%), Nigeria (+X%) and Togo (+X%) displayed positive paces of growth. Moreover, Niger emerged as the fastest-growing exporter exported in Africa, with a CAGR of +X% from 2007-2020. By contrast, Ghana (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of South Africa, Togo, Nigeria and Niger increased by +X%, +X%, +X% and +X% percentage points, while Ghana (-X p.p.) saw their share reduced.

In value terms, South Africa ($X), Togo ($X) and Ghana ($X) constituted the countries with the highest levels of exports in 2020, with a combined X% share of total exports. These countries were followed by Nigeria and Niger, which together accounted for a further X (+X% per year) saw the highest rates of growth with regard to the value of exports, among 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 2020, the evaporated and condensed milk export price in Africa amounted to $X per tonne, reducing by -X% against the previous year. Overall, the export price continues to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2015 when the export price increased by X% y-o-y. The level of export peaked at $X per tonne in 2008; however, from 2009 to 2020, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Ghana ($X per tonne), while South Africa ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Ghana, while the other leaders experienced mixed trends in the export price figures.

Imports of Evaporated And Condensed Milk

Imports in Africa

Evaporated and condensed milk imports shrank significantly to X tonnes in 2020, dropping by -X% against 2019 figures. Over the period under review, imports continue to indicate a pronounced reduction. The pace of growth was the most pronounced in 2012 when imports increased by X% y-o-y. The volume of import peaked at X tonnes in 2015; however, from 2016 to 2020, imports remained at a lower figure.

In value terms, evaporated and condensed milk imports plummeted to $X in 2020. Overall, imports showed a mild setback. The most prominent rate of growth was recorded in 2014 when imports increased by X% year-to-year. As a result, imports attained the peak of $X. from 2015 to 2020, the growth imports remained at a lower figure.

Imports by Country

In 2020, Libya (X tonnes), distantly followed by Nigeria (X tonnes), Togo (X tonnes), Burkina Faso (X tonnes), Djibouti (X tonnes) and Ghana (X tonnes) represented the major importers of evaporated and condensed milk, together mixing up X% of total imports. Cote d'Ivoire (X tonnes), Mauritania (X tonnes), Cameroon (X tonnes), Mali (X tonnes), Senegal (X tonnes), Benin (X tonnes) and Gabon (X tonnes) occupied a relatively small share of total imports.

From 2007 to 2020, the biggest increases were in Togo, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest evaporated and condensed milk importing markets in Africa were Libya ($X), Nigeria ($X) and Cote d'Ivoire ($X), with a combined X% share of total imports. Togo, Burkina Faso, Ghana, Djibouti, Senegal, Cameroon, Gabon, Benin, Mauritania and Mali lagged somewhat behind, together comprising a further X saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The evaporated and condensed milk import price in Africa stood at $X per tonne in 2020, increasing by X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 when the import price increased by X% year-to-year. As a result, import price attained the peak level of $X per tonne; afterwards, it flattened through to 2020.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Cote d'Ivoire ($X per tonne), while Mali ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for evaporated and condensed milk in Africa?
+
The countries with the highest volumes of evaporated and condensed milk consumption in 2020 were South Africa (56K tonnes), Libya (32K tonnes) and Botswana (19K tonnes), with a combined 53% share of total consumption.
What are the largest producers of evaporated and condensed milk in Africa?
+
The country with the largest volume of evaporated and condensed milk production was South Africa (59K tonnes), comprising approx. 78% of total volume. Moreover, evaporated and condensed milk production in South Africa exceeded the figures recorded by the second-largest producer, Zimbabwe (5.7K tonnes), tenfold. Togo (4.1K tonnes) ranked third in terms of total production with a 5.3% share.
What are the leading suppliers of evaporated and condensed milk in Africa?
+
In value terms, the largest evaporated and condensed milk supplying countries in Africa were South Africa ($16M), Togo ($13M) and Ghana ($9.2M), together accounting for 75% of total exports. Nigeria and Niger lagged somewhat behind, together accounting for a further 14%.
What are the leading importers of evaporated and condensed milk in Africa?
+
In value terms, Libya ($55M), Nigeria ($30M) and Cote d'Ivoire ($18M) were the countries with the highest levels of imports in 2020, together comprising 48% of total imports. Togo, Burkina Faso, Ghana, Djibouti, Senegal, Cameroon, Gabon, Benin, Mauritania and Mali lagged somewhat behind, together comprising a further 33%.
What is the average export price for evaporated and condensed milk in Africa?
+
The evaporated and condensed milk export price in Africa stood at $691 per tonne in 2020, dropping by -36.8% against the previous year.
What is the average import price for evaporated and condensed milk in Africa?
+
The evaporated and condensed milk import price in Africa stood at $1,453 per tonne in 2020, growing by 13% against the previous year.

Product coverage:
• FCL 889 - Whole Milk, Condensed
• FCL 894 - Whole Milk, Evaporated
• FCL 895 - Skim Milk, Evaporated
• FCL 896 - Skim Milk, Condensed

This report provides an in-depth analysis of the market for evaporated and condensed milk in Africa. 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 2025.


Country coverage:
• Benin
• Botswana
• Burkina Faso
• Burundi
• Cabo Verde
• Cameroon
• Central African Republic
• Chad
• Comoros
• Congo
• Cote d'Ivoire
• Democratic Republic of the Congo
• Djibouti
• Equatorial Guinea
• Eritrea
• Ethiopia
• Gabon
• Gambia
• Guinea
• Guinea-Bissau
• Lesotho
• Liberia
• Malawi
• Mali
• Mauritania
• Mauritius
• Mayotte
• Mozambique
• Namibia
• Niger
• Reunion
• Rwanda
• Saint Helena, Ascension and Tristan da Cunha
• Sao Tome and Principe
• Senegal
• Seychelles
• Sierra Leone
• Somalia
• Swaziland
• Tanzania
• Togo
• Tunisia
• Western Sahara
• Zambia

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Africa, split by region and country
• Trade (exports and imports) in Africa
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Algeria
• Angola
• Benin
• Botswana
• Burkina Faso
• Burundi
• Cabo Verde
• Cameroon
• Central African Republic
• Chad
• Comoros
• Congo
• Democratic Republic of the Congo
• Djibouti
• Egypt
• Equatorial Guinea
• Eritrea
• Ethiopia
• Gabon
• Gambia
• Ghana
• Guinea
• Guinea-Bissau
• Kenya
• Lesotho
• Liberia
• Libya
• Madagascar
• Malawi
• Mali
• Mauritania
• Mauritius
• Mayotte
• Morocco
• Mozambique
• Namibia
• Niger
• Nigeria
• Reunion
• Rwanda
• Saint Helena, Ascension and Tristan da Cunha
• Sao Tome and Principe
• Senegal
• Seychelles
• Sierra Leone
• Somalia
• South Africa
• Sudan
• Swaziland
• Tanzania
• Togo
• Tunisia
• Uganda
• Zambia
• Zimbabwe
• Cote d'Ivoire
• Western Sahara
• South Sudan
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Physical Terms, By Country, 2007–2020
Table 7:
Imports, In Value Terms, By Country, 2007–2020
Table 8:
Import Prices, By Country Of Destination, 2007–2020
Table 9:
Exports, In Physical Terms, By Country, 2007–2020
Table 10:
Exports, In Value Terms, By Country, 2007–2020
Table 11:
Export Prices, By Country Of Origin, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2020
Figure 17:
Production, In Value Terms, 2007–2020
Figure 18:
Production, By Country, 2020
Figure 19:
Production, In Physical Terms, By Country, 2007–2020
Figure 20:
Imports, In Physical Terms, 2007–2020
Figure 21:
Imports, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, By Country, 2020
Figure 23:
Imports, In Physical Terms, By Country, 2007–2020
Figure 24:
Imports, In Value Terms, By Country, 2007–2020
Figure 25:
Import Prices, By Country, 2007–2020
Figure 26:
Exports, In Physical Terms, 2007–2020
Figure 27:
Exports, In Value Terms, 2007–2020
Figure 28:
Exports, In Physical Terms, By Country, 2020
Figure 29:
Exports, In Physical Terms, By Country, 2007–2020
Figure 30:
Exports, In Value Terms, By Country, 2007–2020
Figure 31:
Export Prices, 2007–2020

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