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Australia and Oceania - Condensed Or Evaporated Milk (Sweetened) - Market Analysis, Forecast, Size, Trends And Insights
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Australia and Oceania: Overview of the Market for Condensed Or Evaporated Milk (Sweetened) 2021

Market Size for Condensed Or Evaporated Milk (Sweetened) in Australia and Oceania

In 2019, the market for condensed or evaporated milk (sweetened) in Australia and Oceania decreased by -X% to $X, falling for the second year in a row after three years of growth. Over the period under review, consumption recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the market value increased by X% year-to-year. As a result, consumption attained the peak level of $X. From 2014 to 2019, the growth of the market remained at a lower figure.

Production of Condensed Or Evaporated Milk (Sweetened) in Australia and Oceania

In value terms, sweetened condensed and evaporated milk production reduced markedly to $X in 2019 estimated in export prices. The total production indicated a mild expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2010; however, from 2011 to 2019, production stood at a somewhat lower figure.

Production By Country in Australia and Oceania

Australia (X tonnes) constituted the country with the largest volume of sweetened condensed and evaporated milk production, accounting for X% of total volume. Moreover, sweetened condensed and evaporated milk production in Australia exceeded the figures recorded by the second-largest producer, New Zealand (X tonnes), threefold.

In Australia, sweetened condensed and evaporated milk production increased at an average annual rate of +X% over the period from 2007-2019.

Exports of Condensed Or Evaporated Milk (Sweetened)

Exports in Australia and Oceania

In 2019, approx. X tonnes of condensed or evaporated milk (sweetened) were exported in Australia and Oceania; increasing by X% against the previous year's figure. Overall, exports saw perceptible growth. The most prominent rate of growth was recorded in 2014 when exports increased by X% y-o-y. The volume of export peaked in 2019 and is likely to see steady growth in the immediate term.

In value terms, sweetened condensed and evaporated milk exports soared to $X in 2019. In general, exports posted a prominent increase. The pace of growth was the most pronounced in 2014 with an increase of X% year-to-year. The level of export peaked in 2019 and is likely to see gradual growth in the near future.

Exports by Country

In 2019, Australia (X tonnes) was the largest exporter of condensed or evaporated milk (sweetened), generating X% of total exports. It was distantly followed by New Zealand (X tonnes), making up a X% share of total exports.

From 2007 to 2019, average annual rates of growth with regard to sweetened condensed and evaporated milk exports from Australia stood at +X%. At the same time, New Zealand (+X%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +X% from 2007-2019. New Zealand (+X p.p.) significantly strengthened its position in terms of the total exports, while Australia saw its share reduced by -X% from 2007 to 2019, respectively.

In value terms, Australia ($X) and New Zealand ($X) were the countries with the highest levels of exports in 2019, with a combined X% share of total exports.

In terms of the main exporting countries, New Zealand recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The export price for condensed or evaporated milk (sweetened) in Australia and Oceania stood at $X per tonne in 2019, waning by -X% against the previous year. Export price indicated a slight increase from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when the export price increased by X% against the previous year. As a result, export price attained the peak level of $X per tonne. From 2014 to 2019, the growth in terms of the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was New Zealand ($X per tonne), while Australia totaled $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by New Zealand.

Imports of Condensed Or Evaporated Milk (Sweetened)

Imports in Australia and Oceania

In 2019, imports of condensed or evaporated milk (sweetened) in Australia and Oceania skyrocketed to X tonnes, rising by X% against the year before. Overall, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 when imports increased by X% year-to-year. As a result, imports reached the peak of X tonnes. From 2015 to 2019, the growth imports remained at a lower figure.

In value terms, sweetened condensed and evaporated milk imports stood at $X in 2019. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of X% year-to-year. As a result, imports attained the peak of $X. From 2015 to 2019, the growth imports remained at a lower figure.

Imports by Country

New Zealand (X tonnes) and Australia (X tonnes) prevails in sweetened condensed and evaporated milk imports structure, together comprising X% of total imports. It was distantly followed by Fiji (X tonnes), mixing up a X% share of total imports. Vanuatu (X tonnes), Papua New Guinea (X tonnes) and French Polynesia (X tonnes) took a relatively small share of total imports.

From 2007 to 2019, the biggest increases were in Papua New Guinea, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest sweetened condensed and evaporated milk importing markets in Australia and Oceania were New Zealand ($X), Australia ($X) and Fiji ($X), together comprising X% of total imports. These countries were followed by Vanuatu, French Polynesia and Papua New Guinea, which together accounted for a further X terms of the main importing countries, Papua New Guinea 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 import price for condensed or evaporated milk (sweetened) in Australia and Oceania stood at $X per tonne in 2019, shrinking by -X% against the previous year. Over the last twelve-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2018 an increase of 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 French Polynesia ($X per tonne), while Fiji ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by French Polynesia, 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 (sweetened) in Australia and Oceania?
+
The country with the largest volume of sweetened condensed and evaporated milk consumption was Australia (3.8K tonnes), accounting for 56% of total volume. Moreover, sweetened condensed and evaporated milk consumption in Australia exceeded the figures recorded by the second-largest consumer, New Zealand (1.3K tonnes), threefold. Fiji (483 tonnes) ranked third in terms of total consumption with a 7.1% share.
What are the largest producers of condensed or evaporated milk (sweetened) in Australia and Oceania?
+
Australia (23K tonnes) remains the largest sweetened condensed and evaporated milk producing country in Australia and Oceania, comprising approx. 76% of total volume. Moreover, sweetened condensed and evaporated milk production in Australia exceeded the figures recorded by the second-largest producer, New Zealand (7.4K tonnes), threefold.
What are the leading suppliers of condensed or evaporated milk (sweetened) in Australia and Oceania?
+
In value terms, Australia ($33M) and New Zealand ($29M) constituted the countries with the highest levels of exports in 2019, with a combined 100% share of total exports.
What are the leading importers of condensed or evaporated milk (sweetened) in Australia and Oceania?
+
In value terms, New Zealand ($8.8M), Australia ($6.3M) and Fiji ($669K) were the countries with the highest levels of imports in 2019, with a combined 87% share of total imports. Vanuatu, French Polynesia and Papua New Guinea lagged somewhat behind, together comprising a further 7.5%.
What is the average export price for condensed or evaporated milk (sweetened) in Australia and Oceania?
+
In 2019, the export price for condensed or evaporated milk (sweetened) in Australia and Oceania amounted to $1,910 per tonne, waning by -18.1% against the previous year.
What is the average import price for condensed or evaporated milk (sweetened) in Australia and Oceania?
+
In 2019, the import price for condensed or evaporated milk (sweetened) in Australia and Oceania amounted to $2,115 per tonne, with a decrease of -6.1% against the previous year.

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

This report provides an in-depth analysis of the market for sweetened condensed and evaporated milk in Australia and Oceania. 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:
• American Samoa
• Cook Islands
• Fiji
• French Polynesia
• Guam
• Kiribati
• Marshall Islands
• Micronesia (Federated States of)
• Nauru
• New Caledonia
• Niue
• Northern Mariana Islands
• Palau
• Papua New Guinea
• Samoa
• Solomon Islands
• Tokelau
• Tonga
• Tuvalu
• Vanuatu
• Wallis and Futuna Islands

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

• Australia
• Cook Islands
• Fiji
• French Polynesia
• Kiribati
• Marshall Islands
• Micronesia (Federated States of)
• New Caledonia
• New Zealand
• Northern Mariana Islands
• Palau
• Papua New Guinea
• Samoa
• Solomon Islands
• Tokelau
• Tonga
• Tuvalu
• Vanuatu
• Wallis and Futuna Islands
• American Samoa
• Nauru
• Niue
• Guam
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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