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Saudi Arabia - Evaporated And Condensed Milk - Market Analysis, Forecast, Size, Trends and Insights
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Saudi Arabia: Overview of the Market for Evaporated And Condensed Milk 2021

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Market Size for Evaporated And Condensed Milk in Saudi Arabia

In 2019, the Saudi evaporated and condensed milk market decreased by -X% to $X, falling for the third consecutive year after two years of growth. Over the period under review, consumption continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. Evaporated and condensed milk consumption peaked at $X in 2011; however, from 2012 to 2019, consumption stood at a somewhat lower figure.

Production of Evaporated And Condensed Milk in Saudi Arabia

In value terms, evaporated and condensed milk production expanded significantly to $X in 2019 estimated in export prices. In general, production, however, enjoyed a perceptible increase. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Evaporated and condensed milk production peaked in 2019 and is likely to continue growth in years to come.

Exports of Evaporated And Condensed Milk

Exports from Saudi Arabia

In 2019, shipments abroad of evaporated and condensed milk increased by X% to X tonnes, rising for the eighth year in a row after two years of decline. Over the period under review, exports continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2012 with an increase of X% y-o-y. Exports peaked in 2019 and are likely to see steady growth in years to come.

In value terms, evaporated and condensed milk exports rose notably to $X in 2019. Overall, exports posted a buoyant increase. The pace of growth was the most pronounced in 2012 when exports increased by X% y-o-y. Exports peaked in 2019 and are expected to retain growth in years to come.

Exports by Country

The United Arab Emirates (X tonnes) was the main destination for evaporated and condensed milk exports from Saudi Arabia, accounting for a X% share of total exports. Moreover, evaporated and condensed milk exports to the United Arab Emirates exceeded the volume sent to the second major destination, Kuwait (X tonnes), threefold. The third position in this ranking was occupied by Bahrain (X tonnes), with a X% share.

From 2007 to 2019, the average annual growth rate of volume to the United Arab Emirates totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kuwait (+X% per year) and Bahrain (+X% per year).

In value terms, the largest markets for evaporated and condensed milk exported from Saudi Arabia were the United Arab Emirates ($X), Kuwait ($X) and Bahrain ($X), with a combined X% share of total exports.

Bahrain (+X% per year) saw the highest rates of growth with regard to 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

The average evaporated and condensed milk export price stood at $X per tonne in 2019, surging by X% against the previous year. Over the period under review, the export price, however, showed a perceptible downturn. The most prominent rate of growth was recorded in 2018 an increase of X% year-to-year. The export price peaked at $X per tonne in 2007; however, from 2008 to 2019, export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2019, the country with the highest price was Jordan ($X per tonne), while the average price for exports to Iraq ($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 more modest paces of growth.

Imports of Evaporated And Condensed Milk

Imports into Saudi Arabia

In 2019, approx. X tonnes of evaporated and condensed milk were imported into Saudi Arabia; surging by X% on 2018 figures. In general, imports enjoyed prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, evaporated and condensed milk imports skyrocketed to $X in 2019. Overall, imports continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2019 and are expected to retain growth in the near future.

Imports by Country

The Netherlands (X tonnes), the United Arab Emirates (X tonnes) and Germany (X tonnes) were the main suppliers of evaporated and condensed milk imports to Saudi Arabia, together comprising X% of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United Arab Emirates (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Germany ($X) and the United Arab Emirates ($X) constituted the largest evaporated and condensed milk suppliers to Saudi Arabia, together comprising X% of total imports.

Among the main suppliers, the United Arab Emirates (+X% per year) recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average evaporated and condensed milk import price stood at $X per tonne in 2019, leveling off at the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2008 when the average import price increased by X% year-to-year. Over the period under review, average import prices attained the peak figure at $X per tonne in 2012; however, from 2013 to 2019, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Germany ($X per tonne), while the price for Malaysia ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for evaporated and condensed milk in the world?
+
The U.S. (1M tonnes) constituted the country with the largest volume of evaporated and condensed milk consumption, accounting for 19% of total volume. Moreover, evaporated and condensed milk consumption in the U.S. exceeded the figures recorded by the second-largest consumer, Peru (461K tonnes), twofold. Malaysia (287K tonnes) ranked third in terms of total consumption with a 5.3% share.
What are the largest producers of evaporated and condensed milk in the world?
+
The countries with the highest volumes of evaporated and condensed milk production in 2019 were the U.S. (1M tonnes), Peru (527K tonnes) and Germany (468K tonnes), together comprising 38% of global production. Malaysia, the Netherlands, Saudi Arabia, Mexico, Singapore, Russia, the UK, Belgium, Belarus and France lagged somewhat behind, together comprising a further 39%.
What are the leading suppliers of evaporated and condensed milk to Saudi Arabia?
+
In value terms, the largest evaporated and condensed milk suppliers to Saudi Arabia were the Netherlands ($54M), Germany ($51M) and the United Arab Emirates ($41M), together accounting for 84% of total imports.
What are the leading importers of evaporated and condensed milk from Saudi Arabia?
+
In value terms, the United Arab Emirates ($101M), Kuwait ($54M) and Bahrain ($44M) constituted the largest markets for evaporated and condensed milk exported from Saudi Arabia worldwide, together accounting for 77% of total exports.
What is the average export price for evaporated and condensed milk in Saudi Arabia?
+
The average evaporated and condensed milk export price stood at $851 per tonne in 2019, increasing by 6.3% against the previous year.
What is the average import price for evaporated and condensed milk in Saudi Arabia?
+
In 2019, the average evaporated and condensed milk import price amounted to $1,849 per tonne, stabilizing at the previous year.

Product coverage:
• FCL 889 - Whole Milk, Condensed
• FCL 894 - Whole Milk, Evaporated
• FCL 895 - Skim Milk, Evaporated
• FCL 896 - Skim Milk, Condensed

This report provides an in-depth analysis of the market for evaporated and condensed milk in Saudi Arabia. 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:
• Saudi Arabia

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Saudi Arabia
• 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 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
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, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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