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

Market Size for Evaporated And Condensed Milk in Egypt

The revenue of the evaporated and condensed milk market in Egypt amounted to $X in 2018, going up by X% against the previous year. Over the period under review, evaporated and condensed milk consumption continues to indicate skyrocketing growth. The growth pace was the most rapid in 2013 when the market value increased by X% year-to-year. Over the period under review, the evaporated and condensed milk market hit record highs in 2018 and is expected to retain its growth in the near future.

Production of Evaporated And Condensed Milk in Egypt

In value terms, evaporated and condensed milk production amounted to $X in 2018 estimated in export prices. Overall, evaporated and condensed milk production continues to indicate a drastic slump. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. In that year, evaporated and condensed milk production reached its peak level of $X. From 2012 to 2018, evaporated and condensed milk production growth failed to regain its momentum.

Exports of Evaporated And Condensed Milk

Exports from Egypt

Evaporated and condensed milk exports from Egypt stood at X tonnes in 2018, going down by -X% against the previous year. In general, evaporated and condensed milk exports continue to indicate a noticeable setback. The pace of growth appeared the most rapid in 2014 with an increase of X% year-to-year. Exports peaked at X tonnes in 2011; however, from 2012 to 2018, exports failed to regain their momentum.

In value terms, evaporated and condensed milk exports amounted to $X in 2018. Over the period under review, evaporated and condensed milk exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Exports peaked at $X in 2011; however, from 2012 to 2018, exports remained at a lower figure.

Exports by Country

Tunisia (X tonnes), Mauritania (X tonnes) and Libya (X tonnes) were the main destinations of evaporated and condensed milk exports from Egypt, with a combined X% share of total exports. Sudan, Saudi Arabia, Mozambique, Palestine, Lebanon, Iraq, Ethiopia and Jordan lagged somewhat behind, together comprising a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Sudan (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for evaporated and condensed milk exported from Egypt were Libya ($X), Mauritania ($X) and Saudi Arabia ($X), with a combined X% share of total exports. These countries were followed by Sudan, Palestine, Tunisia, Iraq, Jordan, Ethiopia, Mozambique and Lebanon, which together accounted for a further X (+X% per year) experienced the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while exports for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average evaporated and condensed milk export price stood at $X per tonne in 2018, picking up by X% against the previous year. Over the period under review, the evaporated and condensed milk export price continues to indicate conspicuous growth. The pace of growth appeared the most rapid in 2008 an increase of X% against the previous year. Over the period under review, the average export prices for evaporated and condensed milk attained their peak figure at $X per tonne in 2009; however, from 2010 to 2018, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Jordan ($X per tonne), while the average price for exports to Tunisia ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Ethiopia, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Evaporated And Condensed Milk

Imports into Egypt

In 2018, approx. X tonnes of evaporated and condensed milk were imported into Egypt; jumping by X% against the previous year. Overall, evaporated and condensed milk imports continue to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Over the period under review, evaporated and condensed milk imports hit record highs at X tonnes in 2015; however, from 2016 to 2018, imports failed to regain their momentum.

In value terms, evaporated and condensed milk imports totaled $X in 2018. Overall, evaporated and condensed milk imports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2009 with an increase of X% year-to-year. Imports peaked at $X in 2015; however, from 2016 to 2018, imports failed to regain their momentum.

Imports by Country

The Netherlands (X tonnes), the U.S. (X tonnes) and Saudi Arabia (X tonnes) were the main suppliers of evaporated and condensed milk imports to Egypt, together accounting for X% of total imports. Denmark, Spain, Germany, Poland, Brazil, Singapore and the United Arab Emirates lagged somewhat behind, together accounting for a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Singapore, while imports for the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), the Netherlands ($X) and Poland ($X) were the largest evaporated and condensed milk suppliers to Egypt, with a combined X% share of total imports.

Among the main suppliers, Poland experienced the highest rates of growth with regard to the value of imports, over the period under review, while imports for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average evaporated and condensed milk import price amounted to $X per tonne, growing by X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2009 an increase of X% y-o-y. In that year, the average import prices for evaporated and condensed milk reached their peak level of $X per tonne. From 2010 to 2018, the growth in terms of the average import prices for evaporated and condensed milk failed to regain its momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Poland ($X per tonne), while the price for Singapore ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Poland, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform