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

Market Size for Evaporated And Condensed Milk in Asia

In 2020, the Asian evaporated and condensed milk market decreased by -X% to $X for the first time since 2015, thus ending a four-year rising trend. The market value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2020, consumption remained at a lower figure.

Production of Evaporated And Condensed Milk in Asia

In value terms, evaporated and condensed milk production reached $X in 2020 estimated in export prices. Over the period under review, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. The level of production peaked at $X in 2012; however, from 2013 to 2020, production stood at a somewhat lower figure.

Production By Country in Asia

The countries with the highest volumes of evaporated and condensed milk production in 2020 were Malaysia (X tonnes), Saudi Arabia (X tonnes) and Singapore (X tonnes), together comprising X% of total production. These countries were followed by China, Thailand, Pakistan, Kyrgyzstan, Japan, Israel, Viet Nam and Indonesia, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of evaporated and condensed milk production, amongst the key producing countries, was attained by Viet Nam, 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

Evaporated and condensed milk exports stood at X tonnes in 2020, leveling off at the previous year. Over the period under review, exports recorded resilient growth. The pace of growth was the most pronounced in 2012 with an increase of X% y-o-y. The volume of export peaked at X tonnes in 2018; however, from 2019 to 2020, exports remained at a lower figure.

In value terms, evaporated and condensed milk exports amounted to $X in 2020. Total exports indicated a measured expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. The level of export peaked at $X in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Saudi Arabia was the key exporting country with an export of around X tonnes, which reached X% of total exports. Malaysia (X tonnes) occupied an X% share (based on tonnes) of total exports, which put it in second place, followed by the United Arab Emirates (X%). The following exporters - Kuwait (X tonnes) and Pakistan (X tonnes) - together made up X% of total exports.

Exports from Saudi Arabia increased at an average annual rate of +X% from 2007 to 2020. At the same time, Kuwait (+X%), Malaysia (+X%) and the United Arab Emirates (+X%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest-growing exporter exported in Asia, with a CAGR of +X% from 2007-2020. By contrast, Pakistan (-X%) illustrated a downward trend over the same period. While the share of Saudi Arabia (+X p.p.), Malaysia (+X p.p.) and Kuwait (+X p.p.) increased significantly in terms of the total exports from 2007-2020, the share of Pakistan (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In Saudi Arabia, evaporated and condensed milk exports expanded at an average annual rate of +X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Malaysia (+X% per year) and the United Arab Emirates (+X% per year).

Export Prices by Country

In 2020, the evaporated and condensed milk export price in Asia amounted to $X per tonne, rising by X% against the previous year. In general, the export price, however, continues to indicate a pronounced curtailment. The level of export peaked at $X per tonne in 2007; however, from 2008 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 the United Arab Emirates ($X per tonne), while Pakistan ($X per tonne) was amongst the lowest.

From 2007 to 2020, 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 2020, overseas purchases of evaporated and condensed milk decreased by -X% to X tonnes, falling for the second consecutive year after seven years of growth. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2012 with an increase of X% y-o-y. The volume of import peaked at X tonnes in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

In value terms, evaporated and condensed milk imports fell to $X in 2020. The total import value increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2012 with an increase of X% y-o-y. The level of import peaked at $X in 2018; however, from 2019 to 2020, imports remained at a lower figure.

Imports by Country

The United Arab Emirates (X tonnes) and Oman (X tonnes) were the largest importers of evaporated and condensed milk in 2020, accounting for near X% and X% of total imports, respectively. It was distantly followed by Hong Kong SAR (X tonnes), Kuwait (X tonnes), China (X tonnes), Taiwan (Chinese) (X tonnes) and Indonesia (X tonnes), together comprising a X% share of total imports. Kazakhstan (X tonnes), the Philippines (X tonnes), Turkmenistan (X tonnes), Thailand (X tonnes) and Jordan (X tonnes) followed a long way behind the leaders.

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

In value terms, the United Arab Emirates ($X), Oman ($X) and Hong Kong SAR ($X) appeared to be the countries with the highest levels of imports in 2020, together comprising X% of total imports. Taiwan (Chinese), Kuwait, China, Indonesia, Kazakhstan, Jordan, the Philippines, Thailand and Turkmenistan lagged somewhat behind, together comprising a further X terms of the main importing countries, Taiwan (Chinese) recorded 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 2020, surging by X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The level of import peaked at $X per tonne in 2011; however, from 2012 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Taiwan (Chinese) ($X per tonne), while Turkmenistan ($X per tonne) was amongst the lowest.

From 2007 to 2020, 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 Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for evaporated and condensed milk in Asia?
+
The countries with the highest volumes of evaporated and condensed milk consumption in 2020 were Malaysia (303K tonnes), Singapore (188K tonnes) and the United Arab Emirates (164K tonnes), together accounting for 47% of total consumption. China, Oman, Saudi Arabia, Thailand, Hong Kong SAR, Indonesia, Kyrgyzstan, Japan, Viet Nam and Pakistan lagged somewhat behind, together comprising a further 39%.
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 2020 were Malaysia (401K tonnes), Saudi Arabia (282K tonnes) and Singapore (192K tonnes), with a combined 69% share of total production. These countries were followed by China, Thailand, Pakistan, Kyrgyzstan, Japan, Israel, Viet Nam and Indonesia, which together accounted for a further 27%.
What are the leading suppliers of evaporated and condensed milk in Asia?
+
In value terms, Saudi Arabia ($271M) remains the largest evaporated and condensed milk supplier in Asia, comprising 52% of total exports. The second position in the ranking was occupied by Malaysia ($95M), with a 18% share of total exports. It was followed by the United Arab Emirates, with a 9.3% share.
What are the leading importers of evaporated and condensed milk in Asia?
+
In value terms, the United Arab Emirates ($148M), Oman ($99M) and Hong Kong SAR ($66M) constituted the countries with the highest levels of imports in 2020, together accounting for 48% of total imports. Taiwan (Chinese), Kuwait, China, Indonesia, Kazakhstan, Jordan, the Philippines, Thailand and Turkmenistan lagged somewhat behind, together comprising a further 39%.
What is the average export price for evaporated and condensed milk in Asia?
+
In 2020, the evaporated and condensed milk export price in Asia amounted to $946 per tonne, growing by 6.4% 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 $1,493 per tonne in 2020, increasing by 24% 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
• Cyprus
• Democratic People's Republic of Korea
• Georgia
• Jordan
• Lao People's Democratic Republic
• Macao SAR
• Maldives
• Nepal
• Palestine
• Syrian Arab Republic
• Taiwan (Chinese)
• 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
• Hong Kong SAR
• 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 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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