Latest Report Update: Apr 18, 2021

Malaysia - Condensed Or Evaporated Milk (Sweetened) - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

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Malaysia: Overview of the Market for Condensed Or Evaporated Milk (Sweetened) 2021

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

The Malaysian market for condensed or evaporated milk (sweetened) expanded significantly to $X in 2019, growing by X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the market value increased by X% y-o-y. Over the period under review, the market reached the maximum level in 2019 and is likely to see gradual growth in the immediate term.

Production of Condensed Or Evaporated Milk (Sweetened) in Malaysia

In value terms, sweetened condensed and evaporated milk production rose to $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2019, production growth remained at a somewhat lower figure.

Exports of Condensed Or Evaporated Milk (Sweetened)

Exports from Malaysia

In 2019, the amount of condensed or evaporated milk (sweetened) exported from Malaysia shrank to X tonnes, which is down by -X% on 2018 figures. In general, exports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Over the period under review, exports reached the peak figure at X tonnes in 2018, and then fell in the following year.

In value terms, sweetened condensed and evaporated milk exports fell sharply to $X in 2019. Overall, exports, however, posted a pronounced expansion. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. Exports peaked at $X in 2012; however, from 2013 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Indonesia (X tonnes), Mexico (X tonnes) and the Philippines (X tonnes) were the main destinations of sweetened condensed and evaporated milk exports from Malaysia, together comprising X% of total exports. Viet Nam, Madagascar, Togo, Thailand, Gambia, Benin, the U.S., Saudi Arabia, the United Arab Emirates and Angola lagged somewhat behind, together comprising a further X 2007 to 2019, the biggest increases were in the U.S. (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X), Mexico ($X) and Viet Nam ($X) constituted the largest markets for sweetened condensed and evaporated milk exported from Malaysia worldwide, with a combined X% share of total exports. These countries were followed by the Philippines, Madagascar, Thailand, Togo, Gambia, the U.S., Saudi Arabia, Angola, Benin and the United Arab Emirates, which together accounted for a further X the main countries of destination, the U.S. (+X% per year) saw 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

In 2019, the average export price for condensed or evaporated milk (sweetened) amounted to $X per tonne, declining by -X% against the previous year. Over the period under review, the export price saw a pronounced descent. The growth pace was the most rapid in 2011 an increase of X% against the previous year. The export price peaked at $X per tonne in 2007; however, from 2008 to 2019, export prices failed to regain the momentum.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Angola, while the prices for the other major destinations experienced a decline.

Imports of Condensed Or Evaporated Milk (Sweetened)

Imports into Malaysia

In 2019, overseas purchases of condensed or evaporated milk (sweetened) increased by X% to X tonnes, rising for the second consecutive year after two years of decline. Over the period under review, imports, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Over the period under review, imports attained the maximum at X tonnes in 2007; however, from 2008 to 2019, imports stood at a somewhat lower figure.

In value terms, sweetened condensed and evaporated milk imports surged to $X in 2019. Overall, imports, however, showed a abrupt setback. The growth pace was the most rapid in 2013 when imports increased by X% year-to-year. Imports peaked at $X in 2007; however, from 2008 to 2019, imports failed to regain the momentum.

Imports by Country

In 2019, Australia (X tonnes) constituted the largest supplier of sweetened condensed and evaporated milk to Malaysia, with a X% share of total imports. Moreover, sweetened condensed and evaporated milk imports from Australia exceeded the figures recorded by the second-largest supplier, Germany (X tonnes), more than tenfold. The third position in this ranking was occupied by France (X tonnes), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from Australia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and France (+X% per year).

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

From 2007 to 2019, the average annual rate of growth in terms of value from Australia stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+X% per year) and Germany (-X% per year).

Import Prices by Country

In 2019, the average import price for condensed or evaporated milk (sweetened) amounted to $X per tonne, growing by X% against the previous year. Over the period under review, import price indicated a notable expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, sweetened condensed and evaporated milk import price decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2011 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per tonne in 2013; however, from 2014 to 2019, import prices remained at a lower figure.

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

From 2007 to 2019, 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 AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for condensed or evaporated milk (sweetened) in the world?
+
The U.S. (828K tonnes) constituted the country with the largest volume of sweetened condensed and evaporated milk consumption, accounting for 34% of total volume. Moreover, sweetened condensed and evaporated milk consumption in the U.S. exceeded the figures recorded by the second-largest consumer, Malaysia (278K tonnes), threefold. The UK (170K tonnes) ranked third in terms of total consumption with a 6.9% share.
What are the largest producers of condensed or evaporated milk (sweetened) in the world?
+
The U.S. (814K tonnes) remains the largest sweetened condensed and evaporated milk producing country worldwide, comprising approx. 33% of total volume. Moreover, sweetened condensed and evaporated milk production in the U.S. exceeded the figures recorded by the second-largest producer, Malaysia (344K tonnes), twofold. The third position in this ranking was occupied by Saudi Arabia (214K tonnes), with a 8.6% share.
What are the leading suppliers of condensed or evaporated milk (sweetened) to Malaysia?
+
In value terms, Australia ($1.9M) constituted the largest supplier of sweetened condensed and evaporated milk to Malaysia, comprising 84% of total imports. The second position in the ranking was occupied by Belgium ($176K), with a 7.7% share of total imports. It was followed by Germany, with a 5.9% share.
What are the leading importers of condensed or evaporated milk (sweetened) from Malaysia?
+
In value terms, Indonesia ($14M), Mexico ($10M) and Viet Nam ($9M) appeared to be the largest markets for sweetened condensed and evaporated milk exported from Malaysia worldwide, together accounting for 54% of total exports. These countries were followed by the Philippines, Madagascar, Thailand, Togo, Gambia, the U.S., Saudi Arabia, Angola, Benin and the United Arab Emirates, which together accounted for a further 33%.
What is the average export price for condensed or evaporated milk (sweetened) in Malaysia?
+
The average export price for condensed or evaporated milk (sweetened) stood at $906 per tonne in 2019, with a decrease of -2.8% against the previous year.
What is the average import price for condensed or evaporated milk (sweetened) in Malaysia?
+
In 2019, the average import price for condensed or evaporated milk (sweetened) amounted to $1,867 per tonne, growing by 3.5% 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 Malaysia. 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:
• Malaysia

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Malaysia
• 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 2025
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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