Netherlands: Market for Condensed Or Evaporated Milk (Sweetened) 2024

Market Size for Condensed Or Evaporated Milk (Sweetened) in the Netherlands

In 2022, the Dutch market for condensed or evaporated milk (sweetened) increased by 29% to $X for the first time since 2019, thus ending a two-year declining trend. Over the period under review, consumption saw a relatively flat trend pattern. Sweetened condensed and evaporated milk consumption peaked in 2022 and is likely to see steady growth in the near future.

Production of Condensed Or Evaporated Milk (Sweetened) in the Netherlands

In value terms, sweetened condensed and evaporated milk production surged to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.6% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, production reached the peak level and is likely to continue growth in the immediate term.

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Exports of Condensed Or Evaporated Milk (Sweetened)

Exports from the Netherlands

In 2022, shipments abroad of condensed or evaporated milk (sweetened) increased by 2.2% to X tons, rising for the third consecutive year after two years of decline. In general, total exports indicated a measured increase from 2012 to 2022: its volume increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +12.5% against 2019 indices. The most prominent rate of growth was recorded in 2015 with an increase of 36% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports failed to regain momentum.

In value terms, sweetened condensed and evaporated milk exports rose markedly to $X in 2022. Over the period under review, total exports indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +10.5% against 2020 indices. The pace of growth was the most pronounced in 2013 when exports increased by 49% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for sweetened condensed and evaporated milk exports from the Netherlands, with a 21% share of total exports. Moreover, sweetened condensed and evaporated milk exports to Germany exceeded the volume sent to the second major destination, Saudi Arabia (X tons), twofold. The third position in this ranking was taken by Belgium (X tons), with a 7.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany stood at +13.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+22.5% per year) and Belgium (+5.9% per year).

In value terms, the largest markets for sweetened condensed and evaporated milk exported from the Netherlands were Germany ($X), Saudi Arabia ($X) and Belgium ($X), with a combined 37% share of total exports. The UK, Spain, Portugal, China, France, Greece, Costa Rica, Australia, the United Arab Emirates and Oman lagged somewhat behind, together comprising a further 41%.

Costa Rica, with a CAGR of +708.8%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for condensed or evaporated milk (sweetened) amounted to $X per ton, surging by 5.3% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average export price increased by 18% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Condensed Or Evaporated Milk (Sweetened)

Imports into the Netherlands

In 2022, approx. X tons of condensed or evaporated milk (sweetened) were imported into the Netherlands; increasing by 19% against the year before. Over the period under review, imports saw a pronounced increase. The growth pace was the most rapid in 2015 when imports increased by 138% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, sweetened condensed and evaporated milk imports surged to $X in 2022. Overall, total imports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.9% against 2020 indices. The growth pace was the most rapid in 2015 with an increase of 74% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Belgium (X tons) constituted the largest supplier of sweetened condensed and evaporated milk to the Netherlands, accounting for a 69% share of total imports. Moreover, sweetened condensed and evaporated milk imports from Belgium exceeded the figures recorded by the second-largest supplier, Germany (X tons), fivefold.

From 2012 to 2022, the average annual growth rate of volume from Belgium totaled +9.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-10.5% per year) and France (+21.5% per year).

In value terms, Belgium ($X) constituted the largest supplier of condensed or evaporated milk (sweetened) to the Netherlands, comprising 68% of total imports. The second position in the ranking was held by Germany ($X), with a 17% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Belgium totaled +12.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-5.4% per year) and France (+17.4% per year).

Import Prices by Country

In 2022, the average import price for condensed or evaporated milk (sweetened) amounted to $X per ton, with an increase of 13% against the previous year. Overall, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 an increase of 48%. The import price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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