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

Market Size for Evaporated And Condensed Milk in Kenya

The revenue of the evaporated and condensed milk market in Kenya amounted to $X in 2018, going up by X% against the previous year. Overall, evaporated and condensed milk consumption continues to indicate buoyant growth. The growth pace was the most rapid in 2008 when the market value increased by X% y-o-y. In that year, the evaporated and condensed milk market attained its peak level of $X. From 2009 to 2018, the growth of the evaporated and condensed milk market failed to regain its momentum.

Production of Evaporated And Condensed Milk in Kenya

In value terms, evaporated and condensed milk production totaled $X in 2018 estimated in export prices. Overall, evaporated and condensed milk production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 when production volume increased by X% y-o-y. Evaporated and condensed milk production peaked at $X in 2008; however, from 2009 to 2018, production remained at a lower figure.

Exports of Evaporated And Condensed Milk

Exports from Kenya

In 2018, the evaporated and condensed milk exports from Kenya stood at X tonnes, remaining stable against the previous year. Overall, evaporated and condensed milk exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. In that year, evaporated and condensed milk exports attained their peak of X tonnes. From 2011 to 2018, the growth of evaporated and condensed milk exports failed to regain its momentum.

In value terms, evaporated and condensed milk exports stood at $X in 2018. Over the period under review, evaporated and condensed milk exports, however, continue to indicate a moderate downturn. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, evaporated and condensed milk exports reached their maximum at $X in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

Exports by Country

Uganda (X tonnes) was the main destination for evaporated and condensed milk exports from Kenya, with a approx. X% share of total exports.

From 2007 to 2018, the average annual rate of growth in terms of volume to Uganda amounted to +X%.

In value terms, Uganda ($X) also remains the key foreign market for evaporated and condensed milk exports from Kenya.

From 2007 to 2018, the average annual rate of growth in terms of value to Uganda stood at +X%.

Export Prices by Country

In 2018, the average evaporated and condensed milk export price amounted to $X per tonne, dropping by -X% against the previous year. In general, the evaporated and condensed milk export price continues to indicate a moderate slump. The growth pace was the most rapid in 2008 when the average export price increased by X% y-o-y. In that year, the average export prices for evaporated and condensed milk reached their peak level of $X per tonne. From 2009 to 2018, the growth in terms of the average export prices for evaporated and condensed milk failed to regain its momentum.

As there is only one major export destination, the average price level is determined by prices for Uganda.

From 2007 to 2018, the rate of growth in terms of prices for Uganda amounted to -X% per year.

Imports of Evaporated And Condensed Milk

Imports into Kenya

Evaporated and condensed milk imports into Kenya stood at X tonnes in 2018, rising by X% against the previous year. In general, evaporated and condensed milk imports continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2010 when imports increased by X% year-to-year. Over the period under review, evaporated and condensed milk imports hit record highs in 2018 and are expected to retain its growth in the near future.

In value terms, evaporated and condensed milk imports amounted to $X in 2018. Over the period under review, evaporated and condensed milk imports continue to indicate strong growth. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Over the period under review, evaporated and condensed milk imports reached their peak figure in 2018 and are expected to retain its growth in the in years to come.

Imports by Country

In 2018, Uganda (X tonnes) constituted the largest evaporated and condensed milk supplier to Kenya, accounting for a X% share of total imports. Moreover, evaporated and condensed milk imports from Uganda exceeded the figures recorded by the second-largest supplier, Saudi Arabia (X tonnes), threefold. The third position in this ranking was occupied by the United Arab Emirates (X tonnes), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from Uganda stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (+X% per year) and the United Arab Emirates (+X% per year).

In value terms, Uganda ($X), Saudi Arabia ($X) and the United Arab Emirates ($X) appeared to be the largest evaporated and condensed milk suppliers to Kenya, together accounting for X% of total imports.

Uganda experienced the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while imports for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average evaporated and condensed milk import price stood at $X per tonne in 2018, approximately mirroring the previous year. Over the period under review, the evaporated and condensed milk import price, however, continues to indicate a significant curtailment. The most prominent rate of growth was recorded in 2012 an increase of X% y-o-y. Over the period under review, the average import prices for evaporated and condensed milk attained their maximum at $X per tonne in 2007; however, from 2008 to 2018, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the Netherlands ($X per tonne), while the price for Uganda ($X per tonne) was amongst the lowest.

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

Source: IndexBox AI Platform