Benelux: Market for Evaporated And Condensed Milk 2024

Market Size for Evaporated And Condensed Milk in Benelux

The Benelux evaporated and condensed milk market rose to $X in 2022, growing by X% against the previous year. Over the period under review, consumption posted a remarkable increase. The level of consumption peaked in 2022 and is likely to see steady growth in the near future.

Production of Evaporated And Condensed Milk in Benelux

In value terms, evaporated and condensed milk production totaled $X in 2022 estimated in export price. Over the period under review, production posted a resilient increase. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2020; afterwards, it flattened through to 2022.

The Netherlands (X tons) remains the largest evaporated and condensed milk producing country in Benelux, accounting for X% of total volume. Moreover, evaporated and condensed milk production in the Netherlands exceeded the figures recorded by the second-largest producer, Belgium (X tons), sevenfold.

In the Netherlands, evaporated and condensed milk production expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Belgium (X% per year) and Luxembourg (X% per year).

Exports of Evaporated And Condensed Milk

Exports in Benelux

For the fourth year in a row, Benelux recorded growth in shipments abroad of evaporated and condensed milk, which increased by X% to X tons in 2022. The total export volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, evaporated and condensed milk exports totaled $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when exports increased by X%. The level of export peaked in 2022 and is likely to see gradual growth in the near future.

Exports by Country

The Netherlands represented the main exporter of evaporated and condensed milk in Benelux, with the volume of exports amounting to X tons, which was approx. X% of total exports in 2022. Belgium (X tons) ranks second in terms of the total exports with a X% share, followed by Luxembourg (X%).

The Netherlands experienced a relatively flat trend pattern with regard to volume of exports of evaporated and condensed milk. At the same time, Belgium (X%) and Luxembourg (X%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing exporter exported in Benelux, with a CAGR of X% from 2012-2022. While the share of Belgium (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the Netherlands (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X), Belgium ($X) and Luxembourg ($X) were the countries with the highest levels of exports in 2022, together comprising X% of total exports.

In terms of the main exporting countries, Belgium, with a CAGR of X%, saw the highest rates of growth with regard to 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

The export price in Benelux stood at $X per ton in 2022, growing by X% against the previous year. In general, the export price saw a slight increase. The growth pace was the most rapid in 2017 an increase of X%. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while Luxembourg ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Luxembourg (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Evaporated And Condensed Milk

Imports in Benelux

For the third year in a row, Benelux recorded growth in supplies from abroad of evaporated and condensed milk, which increased by X% to X tons in 2022. Total imports indicated a tangible expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The growth pace was the most rapid in 2018 when imports increased by X%. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, evaporated and condensed milk imports skyrocketed to $X in 2022. Total imports indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

The Netherlands represented the main importer of evaporated and condensed milk in Benelux, with the volume of imports accounting for X tons, which was approx. X% of total imports in 2022. It was distantly followed by Belgium (X tons), making up a X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of X%).

In value terms, the Netherlands ($X) and Belgium ($X) were the countries with the highest levels of imports in 2022.

Among the main importing countries, Belgium, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2022, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2014 an increase of X%. Over the period under review, import prices attained the maximum in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while the Netherlands totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%).

Source: IndexBox Platform

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