Latest Report Update: Jul 16, 2020

Asia - Evaporated And Condensed Milk - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service and Privacy Policy. We'll occasionally send you account related emails.

Asia: Overview of the Market for Evaporated And Condensed Milk 2020

Market Size for Evaporated And Condensed Milk in Asia

For the third consecutive year, the Asian evaporated and condensed milk market recorded growth in sales value, which increased by X% to $X in 2019. The market value increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Evaporated And Condensed Milk in Asia

In value terms, evaporated and condensed milk production rose notably to $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. The level of production peaked in 2019 and is expected to retain growth in years to come.

Production By Country in Asia

The countries with the highest volumes of evaporated and condensed milk production in 2019 were Saudi Arabia (X tonnes), Singapore (X tonnes) and Malaysia (X tonnes), together comprising X% of total production.

From 2007 to 2019, the most notable rate of growth in terms of evaporated and condensed milk production, amongst the leading producing countries, was attained by Saudi Arabia, while evaporated and condensed milk production for the other leaders experienced more modest paces of growth.

Exports of Evaporated And Condensed Milk

Exports in Asia

In 2019, shipments abroad of evaporated and condensed milk increased by X% to X tonnes, rising for the ninth consecutive year after two years of decline. Over the period under review, exports showed a strong increase. The growth pace was the most rapid in 2012 when exports increased by X% year-to-year. Over the period under review, exports reached the peak figure in 2019 and are expected to retain growth in the immediate term.

In value terms, evaporated and condensed milk exports amounted to $X in 2019. Total exports indicated a buoyant increase 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, exports increased by +X% against 2017 indices. The pace of growth was the most pronounced in 2018 with an increase of X% year-to-year. Over the period under review, exports attained the peak figure in 2019 and are expected to retain growth in the near future.

Exports by Country

Saudi Arabia represented the main exporter of evaporated and condensed milk in Asia, with the volume of exports reaching X tonnes, which was approx. X% of total exports in 2019. Malaysia (X tonnes) ranks second in terms of the total exports with a X% share, followed by the United Arab Emirates (X%) and Pakistan (X%). The following exporters - Kuwait (X tonnes), the Philippines (X tonnes) and Thailand (X tonnes) - each reached an X% share of total exports.

From 2007 to 2019, average annual rates of growth with regard to evaporated and condensed milk exports from Saudi Arabia stood at +X%. At the same time, the United Arab Emirates (+X%), Kuwait (+X%), the Philippines (+X%), Malaysia (+X%) and Pakistan (+X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing exporter exported in Asia, with a CAGR of +X% from 2007-2019. Thailand experienced a relatively flat trend pattern. From 2007 to 2019, the share of Saudi Arabia, the United Arab Emirates, Malaysia, Pakistan, Kuwait and the Philippines increased by +X%, +X%, +X%, +X%, +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest evaporated and condensed milk supplying countries in Asia were Saudi Arabia ($X), the United Arab Emirates ($X) and Malaysia ($X), with a combined X% share of total exports.

The United Arab Emirates 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

The evaporated and condensed milk export price in Asia stood at $X per tonne in 2019, growing by X% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2010 an increase of X% y-o-y. The level of export peaked at $X per tonne in 2011; however, from 2012 to 2019, export prices remained at a lower figure.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Pakistan, while the other leaders experienced mixed trends in the export price figures.

Imports of Evaporated And Condensed Milk

Imports in Asia

In 2019, purchases abroad of evaporated and condensed milk increased by X% to X tonnes, rising for the ninth year in a row after two years of decline. Total imports indicated a prominent increase 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 2010 indices. The pace of growth appeared the most rapid in 2012 with an increase of X% year-to-year. The volume of import peaked in 2019 and is expected to retain growth in the near future.

In value terms, evaporated and condensed milk imports expanded markedly to $X in 2019. Total imports indicated a moderate increase 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 pace of growth was the most pronounced in 2011 when imports increased by X% year-to-year. Over the period under review, imports hit record highs in 2019 and are expected to retain growth in the near future.

Imports by Country

The United Arab Emirates was the key importer of evaporated and condensed milk in Asia, with the volume of imports resulting at X tonnes, which was approx. X% of total imports in 2019. It was distantly followed by Oman (X tonnes), the Philippines (X tonnes), Saudi Arabia (X tonnes), China, Hong Kong SAR (X tonnes) and Kuwait (X tonnes), together making up a X% share of total imports. The following importers - Qatar (X tonnes), China (X tonnes), Viet Nam (X tonnes) and Kazakhstan (X tonnes) - together made up X% of total imports.

Imports into the United Arab Emirates increased at an average annual rate of +X% from 2007 to 2019. At the same time, China (+X%), Oman (+X%), the Philippines (+X%), Kuwait (+X%), Viet Nam (+X%) and Saudi Arabia (+X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer imported in Asia, with a CAGR of +X% from 2007-2019. China, Hong Kong SAR experienced a relatively flat trend pattern. By contrast, Qatar (-X%) and Kazakhstan (-X%) illustrated a downward trend over the same period. The United Arab Emirates (+X p.p.), Oman (+X p.p.), the Philippines (+X p.p.), Kuwait (+X p.p.), China (+X p.p.), Saudi Arabia (+X p.p.) and Viet Nam (+X p.p.) significantly strengthened its position in terms of the total imports, while Kazakhstan saw its share reduced by -X% from 2007 to 2019, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest evaporated and condensed milk importing markets in Asia were the United Arab Emirates ($X), Oman ($X) and Saudi Arabia ($X), together comprising X% of total imports. The Philippines, Kuwait, China, Hong Kong SAR, Qatar, China, Kazakhstan and Viet Nam lagged somewhat behind, together accounting for a further X terms of the main importing countries, China saw the highest rates of growth with regard to the value of imports, 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 Asia stood at $X per tonne in 2019, leveling off at the previous year. In general, the import price, however, saw a mild curtailment. The most prominent rate of growth was recorded in 2011 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per tonne. From 2012 to 2019, the growth in terms of the import prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Kuwait ($X per tonne), while the United Arab Emirates ($X per tonne) was amongst the lowest.

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

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for evaporated and condensed milk in Asia?
+
Singapore (331K tonnes) remains the largest evaporated and condensed milk consuming country in Asia, comprising approx. 21% of total volume. Moreover, evaporated and condensed milk consumption in Singapore exceeded the figures recorded by the second-largest consumer, China (145K tonnes), twofold. The third position in this ranking was occupied by the United Arab Emirates (143K tonnes), with a 9.1% share.
What are the largest producers of evaporated and condensed milk in Asia?
+
The countries with the highest volumes of evaporated and condensed milk production in 2019 were Saudi Arabia (338K tonnes), Singapore (327K tonnes) and Malaysia (218K tonnes), with a combined 65% share of total production.
What are the leading exporters of evaporated and condensed milk in Asia?
+
In value terms, the largest evaporated and condensed milk supplying countries in Asia were Saudi Arabia ($190M), the United Arab Emirates ($148M) and Malaysia ($98M), with a combined 76% share of total exports.
What are the leading importers of evaporated and condensed milk in Asia?
+
In value terms, the largest evaporated and condensed milk importing markets in Asia were the United Arab Emirates ($174M), Oman ($148M) and Saudi Arabia ($129M), together comprising 45% of total imports. These countries were followed by the Philippines, Kuwait, China, Hong Kong SAR, Qatar, China, Kazakhstan and Viet Nam, which together accounted for a further 39%.
What is the average export price for evaporated and condensed milk in Asia?
+
The evaporated and condensed milk export price in Asia stood at $937 per tonne in 2019, increasing by 4% against the previous year.
What is the average import price for evaporated and condensed milk in Asia?
+
The evaporated and condensed milk import price in Asia stood at $1,238 per tonne in 2019, remaining relatively unchanged 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 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
• Georgia
• Jordan
• Maldives
• Nepal
• Palestine
• Syrian Arab Republic
• Taiwan, Chinese
• Timor-Leste
• Turkmenistan
• Yemen
• Lao People's Democratic Republic
• Democratic People's Republic of Korea

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 2007–2019
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 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption, By Country, 2015–2019
Table 5:
Production, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Physical Terms, By Country, 2007–2019
Table 7:
Imports, In Value Terms, By Country, 2007–2019
Table 8:
Import Prices, By Country Of Destination, 2007–2019
Table 9:
Exports, In Physical Terms, By Country, 2007–2019
Table 10:
Exports, In Value Terms, By Country, 2007–2019
Table 11:
Export Prices, By Country Of Origin, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Consumption, By Country, 2019
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, 2007–2019
Figure 17:
Production, In Value Terms, 2007–2019
Figure 18:
Production, By Country, 2019
Figure 19:
Production, In Physical Terms, By Country, 2007–2019
Figure 20:
Imports, In Physical Terms, 2007–2019
Figure 21:
Imports, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, By Country, 2019
Figure 23:
Imports, In Physical Terms, By Country, 2007–2019
Figure 24:
Imports, In Value Terms, By Country, 2007–2019
Figure 25:
Import Prices, By Country, 2007–2019
Figure 26:
Exports, In Physical Terms, 2007–2019
Figure 27:
Exports, In Value Terms, 2007–2019
Figure 28:
Exports, In Physical Terms, By Country, 2019
Figure 29:
Exports, In Physical Terms, By Country, 2007–2019
Figure 30:
Exports, In Value Terms, By Country, 2007–2019
Figure 31:
Export Prices, 2007–2019

Webinar: Global Chicken Meat Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global chicken meat market.



Thursday, September 24th, 2020 @ 10:00 am ET


Register
Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data