United Kingdom: Market for Condensed Or Evaporated Milk (Unsweetened) 2024

Market Size for Condensed Or Evaporated Milk (Unsweetened) in the UK

The UK market for condensed or evaporated milk (unsweetened) stood at $X in 2022, increasing by X% against the previous year. In general, consumption recorded a abrupt curtailment. Unsweetened condensed and evaporated milk consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Condensed Or Evaporated Milk (Unsweetened) in the UK

In value terms, unsweetened condensed and evaporated milk production rose markedly to $X in 2022 estimated in export price. Overall, production showed a deep downturn. The pace of growth was the most pronounced in 2020 when the production volume increased by X%. Unsweetened condensed and evaporated milk production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Exports of Condensed Or Evaporated Milk (Unsweetened)

Exports from the UK

In 2022, approx. X tons of condensed or evaporated milk (unsweetened) were exported from the UK; surging by X% against 2021. Overall, exports recorded a significant increase. The pace of growth appeared the most rapid in 2019 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, unsweetened condensed and evaporated milk exports skyrocketed to $X in 2022. Over the period under review, exports posted prominent growth. The growth pace was the most rapid in 2019 when exports increased by X%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

The Netherlands (X tons) was the main destination for unsweetened condensed and evaporated milk exports from the UK, accounting for a X% share of total exports. Moreover, unsweetened condensed and evaporated milk exports to the Netherlands exceeded the volume sent to the second major destination, Poland (X tons), fourfold. Ireland (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Netherlands totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (X% per year) and Ireland (X% per year).

In value terms, the Netherlands ($X) remains the key foreign market for condensed or evaporated milk (unsweetened) exports from the UK, comprising X% of total exports. The second position in the ranking was taken by Ireland ($X), with an X% share of total exports. It was followed by Poland, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the Netherlands totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ireland (X% per year) and Poland (X% per year).

Export Prices by Country

The average export price for condensed or evaporated milk (unsweetened) stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the export price, however, showed a abrupt setback. The pace of growth appeared the most rapid in 2020 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Condensed Or Evaporated Milk (Unsweetened)

Imports into the UK

In 2022, imports of condensed or evaporated milk (unsweetened) into the UK soared to X tons, with an increase of X% against the previous year's figure. Over the period under review, imports, however, recorded a relatively flat trend pattern. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, unsweetened condensed and evaporated milk imports skyrocketed to $X in 2022. Overall, imports, however, recorded a mild curtailment. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons) and the Netherlands (X tons) were the main suppliers of unsweetened condensed and evaporated milk imports to the UK.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of X%).

In value terms, the Netherlands ($X) and Germany ($X) constituted the largest unsweetened condensed and evaporated milk suppliers to the UK.

The Netherlands, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review.

Import Prices by Country

In 2022, the average import price for condensed or evaporated milk (unsweetened) amounted to $X per ton, surging by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Germany stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :