Latest Report Update: Apr 18, 2021

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

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service and Privacy Policy. We'll occasionally send you account related emails.

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

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

After two years of growth, the Thai market for condensed or evaporated milk (sweetened) decreased by -X% to $X in 2019. Overall, consumption showed a noticeable setback. The most prominent rate of growth was recorded in 2014 when the market value increased by X% y-o-y. Sweetened condensed and evaporated milk consumption peaked at $X in 2015; however, from 2016 to 2019, consumption stood at a somewhat lower figure.

Production of Condensed Or Evaporated Milk (Sweetened) in Thailand

In value terms, sweetened condensed and evaporated milk production fell rapidly to $X in 2019 estimated in export prices. Over the period under review, production saw a pronounced decrease. The pace of growth appeared the most rapid in 2014 with an increase of X% y-o-y. Sweetened condensed and evaporated milk production peaked at $X in 2015; however, from 2016 to 2019, production remained at a lower figure.

Exports of Condensed Or Evaporated Milk (Sweetened)

Exports from Thailand

In 2019, shipments abroad of condensed or evaporated milk (sweetened) increased by X% to X tonnes for the first time since 2016, thus ending a two-year declining trend. In general, exports showed noticeable growth. The pace of growth was the most pronounced in 2008 when exports increased by X% against the previous year. Exports peaked at X tonnes in 2009; however, from 2010 to 2019, exports remained at a lower figure.

In value terms, sweetened condensed and evaporated milk exports skyrocketed to $X in 2019. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Exports peaked at $X in 2009; however, from 2010 to 2019, exports remained at a lower figure.

Exports by Country

The Netherlands (X tonnes), Cambodia (X tonnes) and Lao People's Democratic Republic (X tonnes) were the main destinations of sweetened condensed and evaporated milk exports from Thailand, together comprising X% of total exports.

From 2007 to 2019, the biggest increases were in the Netherlands (+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 Thailand were Cambodia ($X), the Netherlands ($X) and Lao People's Democratic Republic ($X), together comprising X% of total exports.

Among the main countries of destination, the Netherlands (+X% per year) saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for condensed or evaporated milk (sweetened) stood at $X per tonne in 2019, shrinking by -X% against the previous year. Overall, the export price saw a noticeable contraction. The pace of growth was the most pronounced in 2011 when the average export price increased by X% year-to-year. As a result, export price reached the peak level of $X per tonne. From 2012 to 2019, the growth in terms of the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2019, the country with the highest price was Lao People's Democratic Republic ($X per tonne), while the average price for exports to the Netherlands ($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 Cambodia, while the prices for the other major destinations experienced a decline.

Imports of Condensed Or Evaporated Milk (Sweetened)

Imports into Thailand

In 2019, overseas purchases of condensed or evaporated milk (sweetened) increased by X% to X tonnes, rising for the fourth consecutive year after two years of decline. In general, imports showed a resilient expansion. The pace of growth was the most pronounced in 2012 when imports increased by X% y-o-y. Over the period under review, imports hit record highs in 2019 and are expected to retain growth in the near future.

In value terms, sweetened condensed and evaporated milk imports surged to $X in 2019. Overall, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2012 when imports increased by X% against the previous year. Imports peaked at $X in 2007; afterwards, it flattened through to 2019.

Imports by Country

In 2019, Malaysia (X tonnes) constituted the largest sweetened condensed and evaporated milk supplier to Thailand, accounting for a X% share of total imports. Moreover, sweetened condensed and evaporated milk imports from Malaysia exceeded the figures recorded by the second-largest supplier, the U.S. (X tonnes), tenfold. The Philippines (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from Malaysia stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (+X% per year) and the Philippines (-X% per year).

In value terms, Malaysia ($X) constituted the largest supplier of sweetened condensed and evaporated milk to Thailand, comprising X% of total imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total imports. It was followed by the Philippines, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value from Malaysia amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (+X% per year) and the Philippines (+X% per year).

Import Prices by Country

The average import price for condensed or evaporated milk (sweetened) stood at $X per tonne in 2019, flattening at the previous year. In general, the import price, however, saw a abrupt shrinkage. The pace of growth was the most pronounced in 2015 an increase of X% y-o-y. The import price peaked at $X per tonne in 2007; however, from 2008 to 2019, import prices remained at a lower figure.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the Philippines (+X% per year), while the prices for the other major suppliers 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 the world?
+
The U.S. (828K tonnes) remains the largest sweetened condensed and evaporated milk consuming country worldwide, 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 third position in this ranking was occupied by the UK (170K tonnes), 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 Thailand?
+
In value terms, Malaysia ($2.5M) constituted the largest supplier of sweetened condensed and evaporated milk to Thailand, comprising 56% of total imports. The second position in the ranking was occupied by the U.S. ($935K), with a 21% share of total imports. It was followed by the Philippines, with a 9.3% share.
What are the leading importers of condensed or evaporated milk (sweetened) from Thailand?
+
In value terms, Cambodia ($5.1M), the Netherlands ($3.4M) and Lao People's Democratic Republic ($3.4M) constituted the largest markets for sweetened condensed and evaporated milk exported from Thailand worldwide, together accounting for 90% of total exports.
What is the average export price for condensed or evaporated milk (sweetened) in Thailand?
+
The average export price for condensed or evaporated milk (sweetened) stood at $891 per tonne in 2019, which is down by -25.1% against the previous year.
What is the average import price for condensed or evaporated milk (sweetened) in Thailand?
+
In 2019, the average import price for condensed or evaporated milk (sweetened) amounted to $1,476 per tonne, flattening at 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 Thailand. 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:
• Thailand

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

Webinar: Global Graphite Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global graphite market.



Tuesday, May 18th, 2021 @ 04:00 pm ET


Register

Webinar: Global Coal Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global сoal market.



Tuesday, June 1st, 2021 @ 04:00 pm ET


Register

Webinar: Global Biodiesel Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global biodiesel market.



Thursday, June 10th, 2021 @ 04:00 pm ET


Register
Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data