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

Market Size for Evaporated And Condensed Milk in Libya

The revenue of the evaporated and condensed milk market in Libya amounted to $X in 2018, jumping by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, evaporated and condensed milk consumption continues to indicate a perceptible expansion. The most prominent rate of growth was recorded in 2012 when the market value increased by X% year-to-year. In that year, the evaporated and condensed milk market reached its peak level of $X. From 2013 to 2018, the growth of the evaporated and condensed milk market remained at a lower figure.

Exports of Evaporated And Condensed Milk

Exports from Libya

Evaporated and condensed milk exports from Libya stood at X tonnes in 2018, jumping by X% against the previous year. In general, evaporated and condensed milk exports continue to indicate moderate growth. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Exports peaked at X tonnes in 2008; however, from 2009 to 2018, exports stood at a somewhat lower figure.

In value terms, evaporated and condensed milk exports amounted to $X in 2018. Overall, evaporated and condensed milk exports continue to indicate a drastic slump. The pace of growth was the most pronounced in 2015 when exports increased by X% y-o-y. Exports peaked at $X in 2008; however, from 2009 to 2018, exports failed to regain their momentum.

Exports by Country

From 2007 to 2018, the average annual rate of growth in terms of volume to No country was relatively modest.

From 2007 to 2018, the average annual rate of growth in terms of value to No country was relatively modest.

Imports of Evaporated And Condensed Milk

Imports into Libya

In 2018, the amount of evaporated and condensed milk imported into Libya amounted to X tonnes, surging by X% against the previous year. In general, the total imports indicated a temperate increase from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, evaporated and condensed milk imports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. In that year, evaporated and condensed milk imports reached their peak of X tonnes. From 2013 to 2018, the growth of evaporated and condensed milk imports remained at a somewhat lower figure.

In value terms, evaporated and condensed milk imports stood at $X in 2018. In general, evaporated and condensed milk imports continue to indicate a tangible increase. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. In that year, evaporated and condensed milk imports reached their peak of $X. From 2013 to 2018, the growth of evaporated and condensed milk imports failed to regain its momentum.

Imports by Country

Germany (X tonnes), Saudi Arabia (X tonnes) and the Netherlands (X tonnes) were the main suppliers of evaporated and condensed milk imports to Libya, with a combined X% share of total imports. Lithuania, the United Arab Emirates, Greece and Peru lagged somewhat behind, together comprising a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Greece (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Saudi Arabia ($X) and the Netherlands ($X) appeared to be the largest evaporated and condensed milk suppliers to Libya, with a combined X% share of total imports. These countries were followed by Lithuania, the United Arab Emirates, Greece and Peru, which together accounted for a further X (+X% per year) recorded the highest growth rate of the value of imports, among the main suppliers 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, going up by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% year-to-year. Over the period under review, the average import prices for evaporated and condensed milk hit record highs at $X per tonne in 2012; however, from 2013 to 2018, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2018, the highest prices were recorded for prices from Germany ($X per tonne) and Lithuania ($X per tonne), while the price for Saudi Arabia ($X per tonne) and Greece ($X per tonne) were amongst the lowest.

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

Source: IndexBox AI Platform