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

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

The Portuguese market for condensed or evaporated milk (sweetened) contracted notably to $X in 2019, with a decrease of -X% against the previous year. Over the period under review, consumption continues to indicate a pronounced decline. The most prominent rate of growth was recorded in 2008 when the market value increased by X% year-to-year. Sweetened condensed and evaporated milk consumption peaked at $X in 2013; however, from 2014 to 2019, consumption failed to regain the momentum.

Production of Condensed Or Evaporated Milk (Sweetened) in Portugal

In value terms, sweetened condensed and evaporated milk production rose significantly to $X in 2019 estimated in export prices. In general, production recorded prominent growth. The pace of growth was the most pronounced in 2018 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs in 2019 and is expected to retain growth in the immediate term.

Exports of Condensed Or Evaporated Milk (Sweetened)

Exports from Portugal

In 2019, overseas shipments of condensed or evaporated milk (sweetened) increased by X% to X tonnes, rising for the second year in a row after two years of decline. Overall, exports posted a remarkable increase. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. Exports peaked at X tonnes in 2015; however, from 2016 to 2019, exports failed to regain the momentum.

In value terms, sweetened condensed and evaporated milk exports soared to $X in 2019. Over the period under review, exports enjoyed buoyant growth. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, exports reached the maximum at $X in 2015; however, from 2016 to 2019, exports failed to regain the momentum.

Exports by Country

Angola (X tonnes), Cabo Verde (X tonnes) and France (X tonnes) were the main destinations of sweetened condensed and evaporated milk exports from Portugal, with a combined X% share of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France, while exports for the other leaders experienced more modest paces of growth.

In value terms, Angola ($X) emerged as the key foreign market for sweetened condensed and evaporated milk exports from Portugal, comprising X% of total exports. The second position in the ranking was occupied by Cabo Verde ($X), with a X% share of total exports. It was followed by France, with a X% share.

From 2007 to 2019, the average annual growth rate of value to Angola amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cabo Verde (+X% per year) and France (+X% per year).

Export Prices by Country

In 2019, the average export price for condensed or evaporated milk (sweetened) amounted to $X per tonne, which is down by -X% against the previous year. In general, the export price showed a abrupt decrease. The pace of growth was the most pronounced in 2011 when the average export price increased by X% year-to-year. The export price peaked at $X per tonne in 2013; however, from 2014 to 2019, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Libya ($X per tonne), while the average price for exports to Luxembourg ($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 Libya, while the prices for the other major destinations experienced a decline.

Imports of Condensed Or Evaporated Milk (Sweetened)

Imports into Portugal

Sweetened condensed and evaporated milk imports into Portugal declined markedly to X tonnes in 2019, falling by -X% on the previous year. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when imports increased by X% y-o-y. As a result, imports attained the peak of X tonnes. From 2014 to 2019, the growth imports remained at a somewhat lower figure.

In value terms, sweetened condensed and evaporated milk imports dropped remarkably to $X in 2019. Overall, imports, however, continue to indicate a pronounced decrease. The pace of growth appeared the most rapid in 2008 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2019, imports failed to regain the momentum.

Imports by Country

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

From 2007 to 2019, the average annual growth rate of volume from Spain 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, Spain ($X) constituted the largest supplier of sweetened condensed and evaporated milk to Portugal, comprising X% of total imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports. It was followed by Belgium, with a X% share.

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

Import Prices by Country

The average import price for condensed or evaporated milk (sweetened) stood at $X per tonne in 2019, dropping by -X% against the previous year. Overall, the import price recorded a pronounced slump. The growth pace was the most rapid in 2008 an increase of X% year-to-year. As a result, import price attained the peak level of $X per tonne. From 2009 to 2019, the growth in terms of the average import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2019, 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, accounting for 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. Saudi Arabia (214K tonnes) ranked third in terms of total production with a 8.6% share.
What are the leading suppliers of condensed or evaporated milk (sweetened) to Portugal?
+
In value terms, Spain ($6.8M) constituted the largest supplier of sweetened condensed and evaporated milk to Portugal, comprising 68% of total imports. The second position in the ranking was occupied by Germany ($1.8M), with a 18% share of total imports. It was followed by Belgium, with a 5.2% share.
What are the leading importers of condensed or evaporated milk (sweetened) from Portugal?
+
In value terms, Angola ($415K) emerged as the key foreign market for sweetened condensed and evaporated milk exports from Portugal, comprising 40% of total exports. The second position in the ranking was occupied by Cabo Verde ($206K), with a 20% share of total exports. It was followed by France, with a 7.2% share.
What is the average export price for condensed or evaporated milk (sweetened) in Portugal?
+
The average export price for condensed or evaporated milk (sweetened) stood at $917 per tonne in 2019, reducing by -18.9% against the previous year.
What is the average import price for condensed or evaporated milk (sweetened) in Portugal?
+
The average import price for condensed or evaporated milk (sweetened) stood at $1,845 per tonne in 2019, dropping by -3.9% 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 Portugal. 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:
• Portugal

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