Honduras: Milk Market Overview 2020

Milk Market Size in Honduras

The revenue of the milk market in Honduras amounted to $X in 2018, rising by X% against the previous year. In general, milk consumption continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 when the market value increased by X% y-o-y. In that year, the milk market attained its peak level of $X. From 2009 to 2018, the growth of the milk market failed to regain its momentum.

Milk Production in Honduras

In value terms, milk production stood at $X in 2018 estimated in export prices. Over the period under review, milk production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when production volume increased by X% against the previous year. In that year, milk production attained its peak level of $X. From 2009 to 2018, milk production growth failed to regain its momentum.

Average yield of milk in Honduras amounted to X tonne per head in 2018, approximately mirroring the previous year. Over the period under review, the milk yield continues to indicate a slight decline. The pace of growth was the most pronounced in 2013 when yield increased by X% year-to-year. Milk yield peaked at X tonne per head in 2008; however, from 2009 to 2018, yield failed to regain its momentum.

In 2018, the number of producing animals of milk in Honduras amounted to X heads, remaining relatively unchanged against the previous year. In general, the number of animals for milk production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 when the number of producing animals increased by X% y-o-y. Over the period under review, this number reached its peak figure level at X heads in 2010; however, from 2011 to 2018, producing animals remained at a lower figure.

Milk Exports

Exports from Honduras

In 2018, approx. X tonnes of milk were exported from Honduras; coming down by -X% against the previous year. In general, milk exports continue to indicate a temperate descent. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. Over the period under review, milk exports attained their maximum at X tonnes in 2014; however, from 2015 to 2018, exports remained at a lower figure.

In value terms, milk exports totaled $X in 2018. Over the period under review, milk exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. Exports peaked at $X in 2014; however, from 2015 to 2018, exports failed to regain their momentum.

Milk Imports

Imports into Honduras

In 2018, the milk imports into Honduras totaled X tonnes, waning by -X% against the previous year. Overall, milk imports continue to indicate a drastic deduction. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. In that year, milk imports attained their peak of X tonnes. From 2014 to 2018, the growth of milk imports remained at a lower figure.

In value terms, milk imports stood at $X in 2018. Over the period under review, milk imports continue to indicate an abrupt contraction. The most prominent rate of growth was recorded in 2012 when imports increased by X% year-to-year. Over the period under review, milk imports reached their maximum at $X in 2015; however, from 2016 to 2018, imports failed to regain their momentum.

Source: IndexBox AI Platform