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

Market Size for Condensed Or Evaporated Milk (Unsweetened) in Northern America

In 2019, the North American market for condensed or evaporated milk (unsweetened) increased by X% to $X, rising for the second year in a row after two years of decline. Overall, consumption saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. Over the period under review, the market attained the maximum level at $X in 2008; however, from 2009 to 2019, consumption failed to regain the momentum.

Production of Condensed Or Evaporated Milk (Unsweetened) in Northern America

In value terms, unsweetened condensed and evaporated milk production rose rapidly to $X in 2019 estimated in export prices. Over the period under review, production showed a mild reduction. The pace of growth appeared the most rapid in 2015 when the production volume increased by X% year-to-year. Over the period under review, production reached the peak level at $X in 2008; however, from 2009 to 2019, production stood at a somewhat lower figure.

Production By Country in Northern America

The country with the largest volume of unsweetened condensed and evaporated milk production was the U.S. (X tonnes), accounting for X% of total volume. Moreover, unsweetened condensed and evaporated milk production in the U.S. exceeded the figures recorded by the second-largest producer, Canada (X tonnes), threefold.

From 2007 to 2019, the average annual growth rate of volume in the U.S. stood at -X%.

Exports of Condensed Or Evaporated Milk (Unsweetened)

Exports in Northern America

In 2019, overseas shipments of condensed or evaporated milk (unsweetened) increased by X% to X tonnes, rising for the fourth year in a row after two years of decline. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. Over the period under review, exports reached the peak figure at X tonnes in 2013; however, from 2014 to 2019, exports failed to regain the momentum.

In value terms, unsweetened condensed and evaporated milk exports soared to $X in 2019. Over the period under review, exports recorded a slight curtailment. The pace of growth was the most pronounced in 2011 when exports increased by X% year-to-year. The level of export peaked at $X in 2013; however, from 2014 to 2019, exports failed to regain the momentum.

Exports by Country

In 2019, the U.S. (X tonnes) represented the major exporter of condensed or evaporated milk (unsweetened) in Northern America, making up X% of total export.

The U.S. experienced a relatively flat trend pattern with regard to volume of exports of condensed or evaporated milk (unsweetened). The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) also remains the largest unsweetened condensed and evaporated milk supplier in Northern America.

In the U.S., unsweetened condensed and evaporated milk exports plunged by an average annual rate of -X% over the period from 2007-2019.

Export Prices by Country

In 2019, the export price for condensed or evaporated milk (unsweetened) in Northern America amounted to $X per tonne, increasing by X% against the previous year. Over the period under review, the export price, however, saw a slight descent. The growth pace was the most rapid in 2010 an increase of X% year-to-year. As a result, export price attained the peak level of $X per tonne. From 2011 to 2019, the growth in terms of the export prices remained at a somewhat lower figure.

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

From 2007 to 2019, the rate of growth in terms of prices for the U.S. amounted to -X% per year.

Imports of Condensed Or Evaporated Milk (Unsweetened)

Imports in Northern America

In 2019, purchases abroad of condensed or evaporated milk (unsweetened) decreased by -X% to X tonnes for the first time since 2006, thus ending a twelve-year rising trend. Over the period under review, imports, however, showed a strong expansion. The growth pace was the most rapid in 2010 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at X tonnes in 2018, and then dropped notably in the following year.

In value terms, unsweetened condensed and evaporated milk imports reduced to $X in 2019. In general, imports, however, posted prominent growth. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. The level of import peaked at $X in 2018, and then declined in the following year.

Imports by Country

The U.S. was the key importing country with an import of about X tonnes, which reached X% of total imports. It was distantly followed by Canada (X tonnes), making up a X% share of total imports.

The U.S. was also the fastest-growing in terms of the condensed or evaporated milk (unsweetened) imports, with a CAGR of +X% from 2007 to 2019. Canada (-X%) illustrated a downward trend over the same period. From 2007 to 2019, the share of the U.S. increased by +X% percentage points, while Canada (-X p.p.) saw their share reduced.

In value terms, the U.S. ($X) constitutes the largest market for imported condensed or evaporated milk (unsweetened) in Northern America, comprising X% of total imports. The second position in the ranking was occupied by Canada ($X), with a X% share of total imports.

In the U.S., unsweetened condensed and evaporated milk imports increased at an average annual rate of +X% over the period from 2007-2019.

Import Prices by Country

In 2019, the import price for condensed or evaporated milk (unsweetened) in Northern America amounted to $X per tonne, picking up by X% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the import price increased by X% y-o-y. As a result, import price attained the peak level of $X per tonne. From 2014 to 2019, the growth in terms of the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was the U.S. ($X per tonne), while Canada amounted to $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the U.S..

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for condensed or evaporated milk (unsweetened) in Northern America?
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The country with the largest volume of unsweetened condensed and evaporated milk consumption was the U.S. (189K tonnes), comprising approx. 77% of total volume. Moreover, unsweetened condensed and evaporated milk consumption in the U.S. exceeded the figures recorded by the second-largest consumer, Canada (57K tonnes), threefold.
What are the largest producers of condensed or evaporated milk (unsweetened) in Northern America?
+
The U.S. (191K tonnes) remains the largest unsweetened condensed and evaporated milk producing country in Northern America, accounting for 77% of total volume. Moreover, unsweetened condensed and evaporated milk production in the U.S. exceeded the figures recorded by the second-largest producer, Canada (56K tonnes), threefold.
What are the leading exporters of condensed or evaporated milk (unsweetened) in Northern America?
+
In value terms, the U.S. ($14M) remains the largest unsweetened condensed and evaporated milk supplier in Northern America.
What are the leading importers of condensed or evaporated milk (unsweetened) in Northern America?
+
In value terms, the U.S. ($14M) constitutes the largest market for imported condensed or evaporated milk (unsweetened) in Northern America, comprising 89% of total imports. The second position in the ranking was occupied by Canada ($1.5M), with a 9.2% share of total imports.
What is the average export price for condensed or evaporated milk (unsweetened) in Northern America?
+
In 2019, the export price for condensed or evaporated milk (unsweetened) in Northern America amounted to $1,363 per tonne, surging by 4.6% against the previous year.
What is the average import price for condensed or evaporated milk (unsweetened) in Northern America?
+
In 2019, the import price for condensed or evaporated milk (unsweetened) in Northern America amounted to $1,556 per tonne, increasing by 8% against the previous year.

Product coverage:
• FCL 894 - Whole Milk, Evaporated
• FCL 895 - Skim Milk, Evaporated

This report provides an in-depth analysis of the market for unsweetened condensed and evaporated milk in Northern America. 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:
• Bermuda
• Greenland
• Saint Pierre and Miquelon

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Northern America, split by region and country
• Trade (exports and imports) in Northern America
• 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
CONSUMPTION BY COUNTRY
3.3
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
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

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

The Largest Exporters on The Market and How They Succeed

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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Bermuda
• Canada
• Greenland
• Saint Pierre and Miquelon
• USA
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, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Physical Terms, By Country, 2007–2020
Table 7:
Imports, In Value Terms, By Country, 2007–2020
Table 8:
Import Prices, By Country Of Destination, 2007–2020
Table 9:
Exports, In Physical Terms, By Country, 2007–2020
Table 10:
Exports, In Value Terms, By Country, 2007–2020
Table 11:
Export Prices, By Country Of Origin, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2020
Figure 17:
Production, In Value Terms, 2007–2020
Figure 18:
Production, By Country, 2020
Figure 19:
Production, In Physical Terms, By Country, 2007–2020
Figure 20:
Imports, In Physical Terms, 2007–2020
Figure 21:
Imports, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, By Country, 2020
Figure 23:
Imports, In Physical Terms, By Country, 2007–2020
Figure 24:
Imports, In Value Terms, By Country, 2007–2020
Figure 25:
Import Prices, By Country, 2007–2020
Figure 26:
Exports, In Physical Terms, 2007–2020
Figure 27:
Exports, In Value Terms, 2007–2020
Figure 28:
Exports, In Physical Terms, By Country, 2020
Figure 29:
Exports, In Physical Terms, By Country, 2007–2020
Figure 30:
Exports, In Value Terms, By Country, 2007–2020
Figure 31:
Export Prices, 2007–2020

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