Africa: Whole Powdered Milk Market 2024

Whole Powdered Milk Market Size in Africa

The African whole powdered milk market rose rapidly to $X in 2022, growing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Whole Powdered Milk Production in Africa

In value terms, whole powdered milk production reduced slightly to $X in 2022 estimated in export price. In general, production, however, recorded a deep slump. The pace of growth was the most pronounced in 2013 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Whole Powdered Milk Exports

Exports in Africa

In 2022, shipments abroad of whole powdered milk decreased by X% to X tons, falling for the fourth consecutive year after two years of growth. Over the period under review, exports faced a deep reduction. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, whole powdered milk exports rose significantly to $X in 2022. In general, exports recorded a deep slump. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

In 2022, South Africa (X tons) represented the key exporter of whole 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%), Egypt (X%) and Nigeria (X%). The following exporters - Cote d'Ivoire (X tons), Togo (X tons), Rwanda (X tons), Namibia (X tons), Morocco (X tons) and Senegal (X tons) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to whole powdered milk exports from South Africa stood at X%. At the same time, Rwanda (X%), Namibia (X%), Zambia (X%), Cote d'Ivoire (X%) and Morocco (X%) displayed positive paces of growth. Moreover, Rwanda emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. By contrast, Egypt (X%), Uganda (X%), Togo (X%), Senegal (X%) and Nigeria (X%) illustrated a downward trend over the same period. South Africa (X p.p.), Zambia (X p.p.), Uganda (X p.p.), Egypt (X p.p.), Cote d'Ivoire (X p.p.), Rwanda (X p.p.), Namibia (X p.p.) and Morocco (X p.p.) significantly strengthened its position in terms of the total exports, while Togo, Senegal and Nigeria saw its share reduced by X%, X% and X% from 2012 to 2022, respectively.

In value terms, South Africa ($X), Uganda ($X) and Egypt ($X) appeared to be the countries with the highest levels of exports in 2022, together comprising X% of total exports. Zambia, Cote d'Ivoire, Nigeria, Namibia, Rwanda, Morocco, Togo and Senegal lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, Rwanda, with a CAGR of X%, saw the highest growth rate of the value of exports, 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, rising 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 an increase of X% against the previous year. The level of export peaked in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Namibia ($X per ton), while Zambia ($X per ton) was amongst the lowest.

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

Whole Powdered Milk Imports

Imports in Africa

Whole powdered milk imports declined slightly to X tons in 2022, remaining constant against the previous year's figure. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when imports increased by X%. Over the period under review, imports attained the peak figure at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, whole powdered milk imports rose notably to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Algeria represented the key importer of whole powdered milk in Africa, with the volume of imports finishing at X tons, which was near X% of total imports in 2022. Somalia (X tons) ranks second in terms of the total imports with an X% share, followed by Sudan (X%), Nigeria (X%) and Mauritania (X%). The following importers - Egypt (X tons), Cameroon (X tons), Libya (X tons), Angola (X tons), Cote d'Ivoire (X tons) and Democratic Republic of the Congo (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, Somalia (X%), Mauritania (X%), Sudan (X%), Cameroon (X%) and Democratic Republic of the Congo (X%) displayed positive paces of growth. Moreover, Somalia emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2022. By contrast, Cote d'Ivoire (X%), Libya (X%), Angola (X%), Egypt (X%) and Nigeria (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Algeria, Somalia, Sudan and Mauritania increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual rate of growth in terms of value in Algeria stood at X%. In the other countries, the average annual rates were as follows: Somalia (X% per year) and Nigeria (X% per year).

Import Prices by Country

In 2022, the import price in Africa amounted to $X per ton, rising by X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the import price increased by X%. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Angola ($X per ton), while Mauritania ($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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