Latest Report Update: Apr 18, 2021

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

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South-Eastern Asia: Overview of the Market for Condensed Or Evaporated Milk (Sweetened) 2021

Market Size for Condensed Or Evaporated Milk (Sweetened) in South-Eastern Asia

For the third year in a row, the Southeast Asian market for condensed or evaporated milk (sweetened) recorded growth in sales value, which increased by X% to $X in 2019. The market value increased at an average annual rate of +X% over the period 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 2009 with an increase of X% against the previous year. Over the period under review, the market reached the maximum level in 2019 and is expected to retain growth in the near future.

Production of Condensed Or Evaporated Milk (Sweetened) in South-Eastern Asia

In value terms, sweetened condensed and evaporated milk production stood at $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 in certain years. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2012 to 2019, production growth failed to regain the momentum.

Production By Country in South-Eastern Asia

Malaysia (X tonnes) constituted the country with the largest volume of sweetened condensed and evaporated milk production, accounting for X% of total volume. Moreover, sweetened condensed and evaporated milk production in Malaysia exceeded the figures recorded by the second-largest producer, Singapore (X tonnes), sixfold. The third position in this ranking was occupied by Viet Nam (X tonnes), with a X% share.

From 2007 to 2019, the average annual growth rate of volume in Malaysia amounted to +X%. The remaining producing countries recorded the following average annual rates of production growth: Singapore (+X% per year) and Viet Nam (+X% per year).

Exports of Condensed Or Evaporated Milk (Sweetened)

Exports in South-Eastern Asia

Sweetened condensed and evaporated milk exports dropped to X tonnes in 2019, which is down by -X% compared with 2018. The total export volume increased at an average annual rate of +X% over the period 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 2011 when exports increased by X% against the previous year. Over the period under review, exports reached the peak figure at X tonnes in 2018, and then shrank in the following year.

In value terms, sweetened condensed and evaporated milk exports shrank to $X in 2019. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. As a result, exports attained the peak of $X. From 2012 to 2019, the growth exports failed to regain the momentum.

Exports by Country

Malaysia was the key exporting country with an export of about X tonnes, which recorded X% of total exports. It was distantly followed by Thailand (X tonnes), mixing up a X% share of total exports. The following exporters - Singapore (X tonnes), Viet Nam (X tonnes), Cambodia (X tonnes) and Indonesia (X tonnes) - together made up X% of total exports.

Malaysia was also the fastest-growing in terms of the condensed or evaporated milk (sweetened) exports, with a CAGR of +X% from 2007 to 2019. At the same time, Thailand (+X%) displayed positive paces of growth. Cambodia experienced a relatively flat trend pattern. By contrast, Indonesia (-X%), Viet Nam (-X%) and Singapore (-X%) illustrated a downward trend over the same period. From 2007 to 2019, the share of Malaysia and Cambodia increased by +X% and +X% percentage points, while Indonesia (-X p.p.), Viet Nam (-X p.p.) and Singapore (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Malaysia ($X) remains the largest sweetened condensed and evaporated milk supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was occupied by Thailand ($X), with a X% share of total exports. It was followed by Viet Nam, with a X% share.

In Malaysia, sweetened condensed and evaporated milk exports expanded at an average annual rate of +X% over the period from 2007-2019. The remaining exporting countries recorded the following average annual rates of exports growth: Thailand (+X% per year) and Viet Nam (-X% per year).

Export Prices by Country

In 2019, the export price for condensed or evaporated milk (sweetened) in South-Eastern Asia amounted to $X per tonne, which is down by -X% against the previous year. In general, the export price recorded a perceptible slump. The pace of growth appeared the most rapid in 2010 an increase of X% year-to-year. The level of export peaked at $X per tonne in 2008; however, from 2009 to 2019, export prices stood at a somewhat lower figure.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Indonesia, while the other leaders experienced more modest paces of growth.

Imports of Condensed Or Evaporated Milk (Sweetened)

Imports in South-Eastern Asia

In 2019, supplies from abroad of condensed or evaporated milk (sweetened) decreased by -X% to X tonnes, falling for the second year in a row after four years of growth. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by X% year-to-year. As a result, imports attained the peak of X tonnes. From 2018 to 2019, the growth imports remained at a somewhat lower figure.

In value terms, sweetened condensed and evaporated milk imports stood at $X in 2019. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Over the period under review, imports attained the peak figure at $X in 2011; however, from 2012 to 2019, imports stood at a somewhat lower figure.

Imports by Country

In 2019, Indonesia (X tonnes), Viet Nam (X tonnes) and the Philippines (X tonnes) was the key importer of condensed or evaporated milk (sweetened) in South-Eastern Asia, committing X% of total import. Singapore (X tonnes) ranks next in terms of the total imports with a X% share, followed by Myanmar (X%), Thailand (X%) and Cambodia (X%).

From 2007 to 2019, the biggest increases were in Thailand, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X), Viet Nam ($X) and the Philippines ($X) were the countries with the highest levels of imports in 2019, with a combined X% share of total imports.

Indonesia saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the import price for condensed or evaporated milk (sweetened) in South-Eastern Asia amounted to $X per tonne, picking up by X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. Over the period under review, import prices hit record highs at $X per tonne in 2011; however, from 2012 to 2019, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2019, major importing countries recorded the following prices: in Thailand ($X per tonne) and the Philippines ($X per tonne), while Cambodia ($X per tonne) and Myanmar ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Indonesia, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for condensed or evaporated milk (sweetened) in South-Eastern Asia?
+
The country with the largest volume of sweetened condensed and evaporated milk consumption was Malaysia (278K tonnes), accounting for 62% of total volume. Moreover, sweetened condensed and evaporated milk consumption in Malaysia exceeded the figures recorded by the second-largest consumer, Singapore (62K tonnes), fourfold. The third position in this ranking was occupied by Viet Nam (37K tonnes), with a 8.2% share.
What are the largest producers of condensed or evaporated milk (sweetened) in South-Eastern Asia?
+
Malaysia (344K tonnes) constituted the country with the largest volume of sweetened condensed and evaporated milk production, accounting for 71% of total volume. Moreover, sweetened condensed and evaporated milk production in Malaysia exceeded the figures recorded by the second-largest producer, Singapore (61K tonnes), sixfold. Viet Nam (27K tonnes) ranked third in terms of total production with a 5.6% share.
What are the leading exporters of condensed or evaporated milk (sweetened) in South-Eastern Asia?
+
In value terms, Malaysia ($61M) remains the largest sweetened condensed and evaporated milk supplier in South-Eastern Asia, comprising 62% of total exports. The second position in the ranking was occupied by Thailand ($13M), with a 14% share of total exports. It was followed by Viet Nam, with a 7.1% share.
What are the leading importers of condensed or evaporated milk (sweetened) in South-Eastern Asia?
+
In value terms, Indonesia ($20M), Viet Nam ($18M) and the Philippines ($18M) appeared to be the countries with the highest levels of imports in 2019, with a combined 68% share of total imports.
What is the average export price for condensed or evaporated milk (sweetened) in South-Eastern Asia?
+
In 2019, the export price for condensed or evaporated milk (sweetened) in South-Eastern Asia amounted to $999 per tonne, shrinking by -3.1% against the previous year.
What is the average import price for condensed or evaporated milk (sweetened) in South-Eastern Asia?
+
The import price for condensed or evaporated milk (sweetened) in South-Eastern Asia stood at $1,343 per tonne in 2019, increasing by 20% 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 South-Eastern Asia. 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:
• Brunei Darussalam
• Cambodia
• Lao People's Democratic Republic
• Timor-Leste

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in South-Eastern Asia, split by region and country
• Trade (exports and imports) in South-Eastern Asia
• 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

• Brunei Darussalam
• Cambodia
• Indonesia
• Malaysia
• Myanmar
• Philippines
• Singapore
• Thailand
• Timor-Leste
• Viet Nam
• Lao People's Democratic Republic
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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