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

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Spain: Overview of the Market for Condensed Or Evaporated Milk (Sweetened) 2021

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

The Spanish market for condensed or evaporated milk (sweetened) declined to $X in 2019, shrinking by -X% against the previous year. Over the period under review, the total consumption indicated noticeable growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption decreased by -X% against 2017 indices. The pace of growth was the most pronounced in 2015 when the market value increased by X% y-o-y. Sweetened condensed and evaporated milk consumption peaked at $X in 2017; however, from 2018 to 2019, consumption remained at a lower figure.

Production of Condensed Or Evaporated Milk (Sweetened) in Spain

In value terms, sweetened condensed and evaporated milk production declined modestly to $X in 2019 estimated in export prices. Over the period under review, production saw a prominent expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2018, and then shrank modestly in the following year.

Exports of Condensed Or Evaporated Milk (Sweetened)

Exports from Spain

In 2019, shipments abroad of condensed or evaporated milk (sweetened) increased by X% to X tonnes, rising for the ninth year in a row after three years of decline. Overall, exports saw buoyant growth. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. Over the period under review, exports reached the maximum in 2019 and are likely to see gradual growth in the near future.

In value terms, sweetened condensed and evaporated milk exports expanded modestly to $X in 2019. In general, exports recorded buoyant growth. The pace of growth appeared the most rapid in 2012 with an increase of X% y-o-y. Over the period under review, exports hit record highs in 2019 and are expected to retain growth in the immediate term.

Exports by Country

Saudi Arabia (X tonnes), the UK (X tonnes) and France (X tonnes) were the main destinations of sweetened condensed and evaporated milk exports from Spain, with a combined X% share of total exports. These countries were followed by Portugal, the United Arab Emirates, Italy, Kuwait, Algeria, Cameroon, Qatar, Germany, the Netherlands and Gabon, which together accounted for a further X 2007 to 2019, the biggest increases were in the United Arab Emirates (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for sweetened condensed and evaporated milk exported from Spain were Saudi Arabia ($X), the UK ($X) and France ($X), together comprising X% of total exports. These countries were followed by Portugal, Italy, the United Arab Emirates, Kuwait, Algeria, Germany, the Netherlands, Cameroon, Qatar and Gabon, which together accounted for a further X United Arab Emirates (+X% per year) saw the highest rates of growth with regard to the value of exports, in terms of 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

In 2019, the average export price for condensed or evaporated milk (sweetened) amounted to $X per tonne, falling by -X% against the previous year. Overall, the export price saw a perceptible reduction. The most prominent rate of growth was recorded in 2008 an increase of X% year-to-year. As a result, export price reached the peak level of $X per tonne. From 2009 to 2019, the growth in terms of the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Italy ($X per tonne), while the average price for exports to Gabon ($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 Kuwait, while the prices for the other major destinations experienced mixed trend patterns.

Imports of Condensed Or Evaporated Milk (Sweetened)

Imports into Spain

In 2019, approx. X tonnes of condensed or evaporated milk (sweetened) were imported into Spain; remaining relatively unchanged against the year before. In general, total imports indicated tangible growth from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2013 indices. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, imports reached the peak of X tonnes, leveling off in the following year.

In value terms, sweetened condensed and evaporated milk imports declined to $X in 2019. Over the period under review, total imports indicated a pronounced increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Over the period under review, imports reached the peak figure at $X in 2018, and then reduced modestly in the following year.

Imports by Country

Germany (X tonnes), Belgium (X tonnes) and Denmark (X tonnes) were the main suppliers of sweetened condensed and evaporated milk imports to Spain, with a combined X% share of total imports.

From 2007 to 2019, the biggest increases were in Denmark (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), Germany ($X) and Denmark ($X) constituted the largest sweetened condensed and evaporated milk suppliers to Spain, together comprising X% of total imports.

Denmark (+X% per year) saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average import price for condensed or evaporated milk (sweetened) amounted to $X per tonne, waning by -X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 when the average import price increased by X% y-o-y. 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.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Denmark, 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 country with the largest volume of sweetened condensed and evaporated milk consumption was the U.S. (828K tonnes), comprising approx. 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 country with the largest volume of sweetened condensed and evaporated milk production was the U.S. (814K tonnes), comprising approx. 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 Spain?
+
In value terms, the largest sweetened condensed and evaporated milk suppliers to Spain were Belgium ($8.3M), Germany ($7.8M) and Denmark ($7.5M), together comprising 76% of total imports.
What are the leading importers of condensed or evaporated milk (sweetened) from Spain?
+
In value terms, the largest markets for sweetened condensed and evaporated milk exported from Spain were Saudi Arabia ($16M), the UK ($9.6M) and France ($8.1M), with a combined 49% share of total exports. Portugal, Italy, the United Arab Emirates, Kuwait, Algeria, Germany, the Netherlands, Cameroon, Qatar and Gabon lagged somewhat behind, together comprising a further 39%.
What is the average export price for condensed or evaporated milk (sweetened) in Spain?
+
In 2019, the average export price for condensed or evaporated milk (sweetened) amounted to $1,877 per tonne, with a decrease of -7.6% against the previous year.
What is the average import price for condensed or evaporated milk (sweetened) in Spain?
+
In 2019, the average import price for condensed or evaporated milk (sweetened) amounted to $2,159 per tonne, with a decrease of -3.8% 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 Spain. 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:
• Spain

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