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

Market Size for Condensed Or Evaporated Milk (Sweetened) in Southern Asia

The South Asian market for condensed or evaporated milk (sweetened) expanded remarkably to $X in 2019, growing by X% against the previous year. In general, consumption enjoyed a strong expansion. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. The level of consumption peaked in 2019 and is likely to see gradual growth in the immediate term.

Production of Condensed Or Evaporated Milk (Sweetened) in Southern Asia

In value terms, sweetened condensed and evaporated milk production soared to $X in 2019 estimated in export prices. Over the period under review, production showed a prominent expansion. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. The level of production peaked in 2019 and is expected to retain growth in the near future.

Production By Country in Southern Asia

The country with the largest volume of sweetened condensed and evaporated milk production was Sri Lanka (X tonnes), accounting for X% of total volume. Moreover, sweetened condensed and evaporated milk production in Sri Lanka exceeded the figures recorded by the second-largest producer, Pakistan (X tonnes), twofold.

From 2007 to 2019, the average annual rate of growth in terms of volume in Sri Lanka amounted to +X%. The remaining producing countries recorded the following average annual rates of production growth: Pakistan (+X% per year) and India (-X% per year).

Exports of Condensed Or Evaporated Milk (Sweetened)

Exports in Southern Asia

In 2019, shipments 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. Overall, exports faced a abrupt setback. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. The volume of export peaked at X tonnes in 2008; however, from 2009 to 2019, exports failed to regain the momentum.

In value terms, sweetened condensed and evaporated milk exports reduced remarkably to $X in 2019. In general, exports saw a abrupt slump. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. The level of export peaked at $X in 2015; however, from 2016 to 2019, exports failed to regain the momentum.

Exports by Country

India was the main exporting country with an export of around X tonnes, which amounted to X% of total exports. It was distantly followed by Pakistan (X tonnes), mixing up a X% share of total exports. Sri Lanka (X tonnes) and Bangladesh (X tonnes) followed a long way behind the leaders.

From 2007 to 2019, average annual rates of growth with regard to sweetened condensed and evaporated milk exports from India stood at -X%. At the same time, Bangladesh (+X%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of +X% from 2007-2019. By contrast, Pakistan (-X%) and Sri Lanka (-X%) illustrated a downward trend over the same period. From 2007 to 2019, the share of India and Pakistan increased by +X% and +X% percentage points, while Sri Lanka (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest sweetened condensed and evaporated milk supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was occupied by Pakistan ($X), with a X% share of total exports. It was followed by Sri Lanka, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value in India totaled -X%. In the other countries, the average annual rates were as follows: Pakistan (-X% per year) and Sri Lanka (-X% per year).

Export Prices by Country

The export price for condensed or evaporated milk (sweetened) in Southern Asia stood at $X per tonne in 2019, dropping by -X% against the previous year. Export price indicated a temperate increase from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, sweetened condensed and evaporated milk export price decreased by +X% against 2017 indices. The pace of growth appeared the most rapid in 2013 when the export price increased by X% year-to-year. Over the period under review, export prices reached the maximum at $X per tonne in 2015; however, from 2016 to 2019, export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was Sri Lanka ($X per tonne), while Bangladesh ($X per tonne) was amongst the lowest.

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

Imports of Condensed Or Evaporated Milk (Sweetened)

Imports in Southern Asia

In 2019, overseas purchases of condensed or evaporated milk (sweetened) decreased by -X% to X tonnes for the first time since 2015, thus ending a three-year rising trend. Over the period under review, imports, however, enjoyed noticeable growth. The pace of growth was the most pronounced in 2012 when imports increased by X% y-o-y. As a result, imports reached the peak of X tonnes. From 2013 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, showed prominent growth. The most prominent rate of growth was recorded in 2008 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2019, imports failed to regain the momentum.

Imports by Country

Afghanistan (X tonnes) and Maldives (X tonnes) represented roughly X% of total imports of condensed or evaporated milk (sweetened) in 2019. Pakistan (X tonnes) took the next position in the ranking, followed by Sri Lanka (X tonnes) and Bangladesh (X tonnes). All these countries together held approx. X% share of total imports. Nepal (X tonnes) and India (X tonnes) followed a long way behind the leaders.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Afghanistan, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest sweetened condensed and evaporated milk importing markets in Southern Asia were Sri Lanka ($X), Afghanistan ($X) and Maldives ($X), together comprising X% of total imports. Pakistan, Bangladesh, Nepal and India lagged somewhat behind, together accounting for a further X recorded the highest rates of growth with regard to 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

The import price for condensed or evaporated milk (sweetened) in Southern Asia stood at $X per tonne in 2019, surging by X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2018 when the import price increased by X% y-o-y. The level of import peaked in 2019 and is expected to retain growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was Sri Lanka ($X per tonne), while Nepal ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Sri Lanka, 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 Southern Asia?
+
The countries with the highest volumes of sweetened condensed and evaporated milk consumption in 2019 were Sri Lanka (9K tonnes), Pakistan (4.5K tonnes) and India (502 tonnes), together comprising 93% of total consumption. These countries were followed by Afghanistan and Maldives, which together accounted for a further 6.3%.
What are the largest producers of condensed or evaporated milk (sweetened) in Southern Asia?
+
The country with the largest volume of sweetened condensed and evaporated milk production was Sri Lanka (8.8K tonnes), comprising approx. 64% of total volume. Moreover, sweetened condensed and evaporated milk production in Sri Lanka exceeded the figures recorded by the second-largest producer, Pakistan (4.3K tonnes), twofold.
What are the leading suppliers of condensed or evaporated milk (sweetened) in Southern Asia?
+
In value terms, India ($370K) remains the largest sweetened condensed and evaporated milk supplier in Southern Asia, comprising 79% of total exports. The second position in the ranking was occupied by Pakistan ($78K), with a 17% share of total exports. It was followed by Sri Lanka, with a 3.5% share.
What are the leading importers of condensed or evaporated milk (sweetened) in Southern Asia?
+
In value terms, Sri Lanka ($825K), Afghanistan ($808K) and Maldives ($608K) were the countries with the highest levels of imports in 2019, with a combined 68% share of total imports. Pakistan, Bangladesh, Nepal and India lagged somewhat behind, together comprising a further 30%.
What is the average export price for condensed or evaporated milk (sweetened) in Southern Asia?
+
The export price for condensed or evaporated milk (sweetened) in Southern Asia stood at $1,923 per tonne in 2019, dropping by -4.3% against the previous year.
What is the average import price for condensed or evaporated milk (sweetened) in Southern Asia?
+
In 2019, the import price for condensed or evaporated milk (sweetened) in Southern Asia amounted to $2,009 per tonne, with an increase of 7.5% 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 Southern 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:
• Afghanistan
• Bhutan
• Maldives
• Nepal

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

• Afghanistan
• Bangladesh
• Bhutan
• India
• Maldives
• Nepal
• Pakistan
• Sri Lanka
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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