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

Market Size for Condensed Or Evaporated Milk (Sweetened) in Ireland

In 2020, the Irish market for condensed or evaporated milk (sweetened) increased by X% to $X for the first time since 2017, thus ending a two-year declining trend. In general, consumption showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the market value increased by X% against the previous year. Sweetened condensed and evaporated milk consumption peaked at $X in 2007; afterwards, it flattened through to 2020.

Production of Condensed Or Evaporated Milk (Sweetened) in Ireland

In value terms, sweetened condensed and evaporated milk production expanded significantly to $X in 2020 estimated in export prices. Overall, production showed a slight contraction. The most prominent rate of growth was recorded in 2012 when the production volume increased by X% y-o-y. Sweetened condensed and evaporated milk production peaked at $X in 2014; however, from 2015 to 2020, production failed to regain the momentum.

Exports of Condensed Or Evaporated Milk (Sweetened)

Exports from Ireland

In 2020, the amount of condensed or evaporated milk (sweetened) exported from Ireland dropped notably to X tonnes, with a decrease of -X% against the previous year's figure. Over the period under review, exports saw a drastic downturn. The pace of growth was the most pronounced in 2012 with an increase of X% year-to-year. Exports peaked at X tonnes in 2015; however, from 2016 to 2020, exports stood at a somewhat lower figure.

In value terms, sweetened condensed and evaporated milk exports reduced markedly to $X in 2020. In general, exports faced a abrupt shrinkage. The pace of growth was the most pronounced in 2012 when exports increased by X% against the previous year. Exports peaked at $X in 2015; however, from 2016 to 2020, exports remained at a lower figure.

Exports by Country

The UK (X tonnes) was the main destination for sweetened condensed and evaporated milk exports from Ireland, accounting for a X% share of total exports. Moreover, sweetened condensed and evaporated milk exports to the UK exceeded the volume sent to the second major destination, France (X tonnes), fivefold. The third position in this ranking was occupied by Germany (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to the UK amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+X% per year) and Germany (X% per year).

In value terms, the largest markets for sweetened condensed and evaporated milk exported from Ireland were the UK ($X), France ($X) and Germany ($X), with a combined X% share of total exports. These countries were followed by China and the Netherlands, which together accounted for a further X terms of the main countries of destination, China (+X% per year) recorded 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 average export price for condensed or evaporated milk (sweetened) stood at $X per tonne in 2020, which is down by -X% against the previous year. In general, the export price continues to indicate a perceptible descent. The most prominent rate of growth was recorded in 2012 when the average export price increased by X% year-to-year. The export price peaked at $X per tonne in 2014; however, from 2015 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was China ($X per tonne), while the average price for exports to the UK ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Condensed Or Evaporated Milk (Sweetened)

Imports into Ireland

In 2020, the amount of condensed or evaporated milk (sweetened) imported into Ireland soared to X tonnes, jumping by X% on the previous year's figure. Overall, imports recorded a strong increase. The pace of growth appeared the most rapid in 2017 with an increase of X% year-to-year. Imports peaked at X tonnes in 2018; however, from 2019 to 2020, imports remained at a lower figure.

In value terms, sweetened condensed and evaporated milk imports rose notably to $X in 2020. In general, imports saw moderate growth. The pace of growth was the most pronounced in 2016 with an increase of X% year-to-year. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, the UK (X tonnes) constituted the largest supplier of sweetened condensed and evaporated milk to Ireland, with a X% share of total imports. Moreover, sweetened condensed and evaporated milk imports from the UK exceeded the figures recorded by the second-largest supplier, Germany (X tonnes), more than tenfold.

From 2007 to 2020, the average annual rate of growth in terms of volume from the UK totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Belgium (-X% per year).

In value terms, the UK ($X) constituted the largest supplier of sweetened condensed and evaporated milk to Ireland, comprising X% of total imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from the UK totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Belgium (-X% per year).

Import Prices by Country

The average import price for condensed or evaporated milk (sweetened) stood at $X per tonne in 2020, reducing by -X% against the previous year. Overall, the import price showed a perceptible slump. The growth pace was the most rapid in 2008 an increase of X% y-o-y. The import price peaked at $X per tonne in 2012; however, from 2013 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Belgium ($X per tonne), while the price for the UK ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Belgium, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for condensed or evaporated milk (sweetened) in the world?
+
The country with the largest volume of sweetened condensed and evaporated milk consumption was the U.S. (829K tonnes), accounting for 33% of total volume. Moreover, sweetened condensed and evaporated milk consumption in the U.S. exceeded the figures recorded by the second-largest consumer, Malaysia (297K tonnes), threefold. The UK (177K 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 the world?
+
The U.S. (812K tonnes) remains the largest sweetened condensed and evaporated milk producing country worldwide, accounting for 31% of total volume. Moreover, sweetened condensed and evaporated milk production in the U.S. exceeded the figures recorded by the second-largest producer, Malaysia (364K tonnes), twofold. The third position in this ranking was occupied by Saudi Arabia (242K tonnes), with a 9.2% share.
What are the leading suppliers of condensed or evaporated milk (sweetened) to Ireland?
+
In value terms, the UK ($3.4M) constituted the largest supplier of sweetened condensed and evaporated milk to Ireland, comprising 70% of total imports. The second position in the ranking was occupied by Germany ($663K), with a 14% share of total imports.
What are the leading importers of condensed or evaporated milk (sweetened) from Ireland?
+
In value terms, the largest markets for sweetened condensed and evaporated milk exported from Ireland were the UK ($1.1M), France ($551K) and Germany ($224K), together accounting for 88% of total exports. China and the Netherlands lagged somewhat behind, together accounting for a further 11%.
What is the average export price for condensed or evaporated milk (sweetened) in Ireland?
+
The average export price for condensed or evaporated milk (sweetened) stood at $2,066 per tonne in 2020, waning by -9.7% against the previous year.
What is the average import price for condensed or evaporated milk (sweetened) in Ireland?
+
In 2020, the average import price for condensed or evaporated milk (sweetened) amounted to $1,212 per tonne, shrinking by -21.6% 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 Ireland. 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:

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Ireland
• 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
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
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
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

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

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 In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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