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Asia - Condensed Or Evaporated Milk (Unsweetened) - Market Analysis, Forecast, Size, Trends And Insights
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Asia: Overview of the Market for Condensed Or Evaporated Milk (Unsweetened) 2021

Market Size for Condensed Or Evaporated Milk (Unsweetened) in Asia

In 2019, after three years of decline, there was significant growth in the Asian market for condensed or evaporated milk (unsweetened), when its value increased by X% to $X. Overall, consumption, however, recorded 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. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2019, consumption stood at a somewhat lower figure.

Production of Condensed Or Evaporated Milk (Unsweetened) in Asia

In value terms, unsweetened condensed and evaporated milk production dropped modestly to $X in 2019 estimated in export prices. In general, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2011 when the production volume increased by X% year-to-year. The level of production peaked at $X in 2012; however, from 2013 to 2019, production failed to regain the momentum.

Production By Country in Asia

The countries with the highest volumes of unsweetened condensed and evaporated milk production in 2019 were Singapore (X tonnes), China (X tonnes) and Malaysia (X tonnes), together accounting for X% of total production. Saudi Arabia, Pakistan, Japan, Israel and Thailand lagged somewhat behind, together comprising a further X 2007 to 2019, the most notable rate of growth in terms of unsweetened condensed and evaporated milk production, amongst the leading producing countries, was attained by Saudi Arabia, while unsweetened condensed and evaporated milk production for the other leaders experienced more modest paces of growth.

Exports of Condensed Or Evaporated Milk (Unsweetened)

Exports in Asia

In 2019, the amount of condensed or evaporated milk (unsweetened) exported in Asia contracted markedly to X tonnes, falling by -X% against 2018 figures. Overall, exports, however, saw a moderate increase. The most prominent rate of growth was recorded in 2018 when exports increased by X% year-to-year. As a result, exports attained the peak of X tonnes, and then plummeted in the following year.

In value terms, unsweetened condensed and evaporated milk exports declined to $X in 2019. In general, exports, however, posted a buoyant increase. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. As a result, exports reached the peak of $X, and then dropped in the following year.

Exports by Country

Saudi Arabia represented the main exporter of condensed or evaporated milk (unsweetened) in Asia, with the volume of exports accounting for X tonnes, which was approx. X% of total exports in 2019. Pakistan (X tonnes) took an X% share (based on tonnes) of total exports, which put it in second place, followed by Malaysia (X%) and the United Arab Emirates (X%). Thailand (X tonnes), Kuwait (X tonnes) and Singapore (X tonnes) followed a long way behind the leaders.

From 2007 to 2019, average annual rates of growth with regard to unsweetened condensed and evaporated milk exports from Saudi Arabia stood at +X%. At the same time, Malaysia (+X%), Kuwait (+X%), the United Arab Emirates (+X%) and Pakistan (+X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing exporter exported in Asia, with a CAGR of +X% from 2007-2019. Thailand experienced a relatively flat trend pattern. By contrast, Singapore (-X%) illustrated a downward trend over the same period. From 2007 to 2019, the share of Saudi Arabia, Malaysia, the United Arab Emirates, Pakistan and Kuwait increased by +X%, +X%, +X%, +X% and +X% percentage points, while Thailand (-X p.p.) and Singapore (-X p.p.) saw their share reduced.

In value terms, Saudi Arabia ($X) remains the largest unsweetened condensed and evaporated milk supplier in Asia, comprising X% of total exports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of total exports. It was followed by Pakistan, with a X% share.

In Saudi Arabia, unsweetened condensed and evaporated milk exports expanded at an average annual rate of +X% over the period from 2007-2019. In the other countries, the average annual rates were as follows: the United Arab Emirates (+X% per year) and Pakistan (+X% per year).

Export Prices by Country

In 2019, the export price for condensed or evaporated milk (unsweetened) in Asia amounted to $X per tonne, surging by X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the export price increased by X% against the previous year. Over the period under review, export prices attained the peak figure at $X per tonne in 2014; however, from 2015 to 2019, export prices remained at a lower figure.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Singapore, while the other leaders experienced more modest paces of growth.

Imports of Condensed Or Evaporated Milk (Unsweetened)

Imports in Asia

In 2019, overseas purchases of condensed or evaporated milk (unsweetened) increased by X% to X tonnes, rising for the second year in a row after three years of decline. Total imports indicated a moderate expansion from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2012 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2019 and are likely to continue growth in the immediate term.

In value terms, unsweetened condensed and evaporated milk imports rose remarkably to $X in 2019. Total imports indicated pronounced growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2017 indices. The growth pace was the most rapid in 2012 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2019, imports failed to regain the momentum.

Imports by Country

The countries with the highest levels of unsweetened condensed and evaporated milk imports in 2019 were Saudi Arabia (X tonnes), the United Arab Emirates (X tonnes), Oman (X tonnes) and Hong Kong SAR (X tonnes), together resulting at X% of total import. Qatar (X tonnes) ranks next in terms of the total imports with a X% share, followed by Kuwait (X%) and Taiwan (Chinese) (X%).

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Taiwan (Chinese), while imports for the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), the United Arab Emirates ($X) and Oman ($X) appeared to be the countries with the highest levels of imports in 2019, together accounting for X% of total imports. These countries were followed by Hong Kong SAR, Taiwan (Chinese), Qatar and Kuwait, which together accounted for a further X (Chinese) 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

In 2019, the import price for condensed or evaporated milk (unsweetened) in Asia amounted to $X per tonne, with an increase of X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2008 when the import price increased by X% year-to-year. The level of import peaked at $X per tonne in 2011; however, from 2012 to 2019, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Taiwan (Chinese) ($X per tonne), while Oman ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese), while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for condensed or evaporated milk (unsweetened) in Asia?
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The countries with the highest volumes of unsweetened condensed and evaporated milk consumption in 2019 were Singapore (134K tonnes), China (95K tonnes) and Oman (60K tonnes), with a combined 45% share of total consumption. The United Arab Emirates, Hong Kong SAR, Japan, Saudi Arabia, Israel, Kazakhstan, Qatar, Thailand, Taiwan (Chinese) and Yemen lagged somewhat behind, together comprising a further 44%.
What are the largest producers of condensed or evaporated milk (unsweetened) in Asia?
+
The countries with the highest volumes of unsweetened condensed and evaporated milk production in 2019 were Singapore (136K tonnes), China (81K tonnes) and Malaysia (35K tonnes), with a combined 55% share of total production. Saudi Arabia, Pakistan, Japan, Israel and Thailand lagged somewhat behind, together accounting for a further 34%.
What are the leading exporters of condensed or evaporated milk (unsweetened) in Asia?
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In value terms, Saudi Arabia ($104M) remains the largest unsweetened condensed and evaporated milk supplier in Asia, comprising 45% of total exports. The second position in the ranking was occupied by the United Arab Emirates ($33M), with a 14% share of total exports. It was followed by Pakistan, with a 13% share.
What are the leading importers of condensed or evaporated milk (unsweetened) in Asia?
+
In value terms, the largest unsweetened condensed and evaporated milk importing markets in Asia were Saudi Arabia ($144M), the United Arab Emirates ($83M) and Oman ($72M), together comprising 52% of total imports. These countries were followed by Hong Kong SAR, Taiwan (Chinese), Qatar and Kuwait, which together accounted for a further 32%.
What is the average export price for condensed or evaporated milk (unsweetened) in Asia?
+
In 2019, the export price for condensed or evaporated milk (unsweetened) in Asia amounted to $1,222 per tonne, surging by 2% against the previous year.
What is the average import price for condensed or evaporated milk (unsweetened) in Asia?
+
The import price for condensed or evaporated milk (unsweetened) in Asia stood at $1,578 per tonne in 2019, with an increase of 4.3% against the previous year.

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

This report provides an in-depth analysis of the market for unsweetened condensed and evaporated milk in Asia. 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:
• Afghanistan
• Armenia
• Bahrain
• Bhutan
• Brunei Darussalam
• Cambodia
• China, Macao SAR
• Cyprus
• Democratic People's Republic of Korea
• Georgia
• Jordan
• Kyrgyzstan
• Lao People's Democratic Republic
• Lebanon
• Maldives
• Mongolia
• Nepal
• Palestine
• Syrian Arab Republic
• Taiwan, Chinese
• Tajikistan
• Timor-Leste
• Turkmenistan
• Yemen

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

• Afghanistan
• Armenia
• Azerbaijan
• Bahrain
• Bangladesh
• Bhutan
• Brunei Darussalam
• Cambodia
• China
• China, Hong Kong SAR
• China, Macao SAR
• Cyprus
• Georgia
• India
• Indonesia
• Iran
• Iraq
• Israel
• Japan
• Jordan
• Kazakhstan
• Kuwait
• Kyrgyzstan
• Lebanon
• Malaysia
• Maldives
• Mongolia
• Myanmar
• Nepal
• Oman
• Pakistan
• Palestine
• Philippines
• Qatar
• Saudi Arabia
• Singapore
• South Korea
• Sri Lanka
• Syrian Arab Republic
• Taiwan, Chinese
• Tajikistan
• Thailand
• Timor-Leste
• Turkey
• Turkmenistan
• United Arab Emirates
• Uzbekistan
• Viet Nam
• Yemen
• Lao People's Democratic Republic
• Democratic People's Republic of Korea
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 2025
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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