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Qatar - Evaporated And Condensed Milk - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

Qatar - Evaporated And Condensed Milk - Market Analysis, Forecast, Size, Trends and Insights

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Jun 25, 2023

Evaporated and Condensed Milk Price in Qatar Reduces Markedly to $2,518 per Ton

Qatar Evaporated And Condensed Milk Import Price in April 2023

In April 2023, the evaporated and condensed milk price amounted to $2,518 per ton (CIF, Qatar), declining by -15.4% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.4%. The pace of growth appeared the most rapid in October 2022 an increase of 18% m-o-m. The import price peaked at $2,977 per ton in March 2023, and then dropped sharply in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Spain ($4,586 per ton), while the price for the Netherlands ($2,453 per ton) was amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was attained by Spain (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

COUNTRYImport Price of Evaporated And Condensed Milk in Qatar (USD per ton)
Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023
Spain2,2792,7232,7324,0983,3344,4922,6594,8814,9264,7644,6054,8124,586
United Kingdom2,5852,2392,3102,3552,9592,5132,2372,3252,7322,8582,447N/A2,968
Netherlands2,2422,3992,3221,9011,8711,9072,7812,1482,4282,5832,7602,3712,453
Oman1,327N/A1,477N/A1,544N/A1,4321,5611,5911,579N/A1,400N/A
Kuwait1,4811,8082,472N/A1,4071,5451,3771,179N/AN/A2,8332,609N/A
Average2,1192,3412,3071,9681,9782,0122,3782,1052,3542,5862,9112,9772,518

Qatar Evaporated And Condensed Milk Import Prices by Type

Average prices varied somewhat amongst the major supplied products. In April 2023, the product with the highest price was condensed or evaporated milk (sweetened) ($3,307 per ton), while the price for condensed or evaporated milk (unsweetened) amounted to $2,452 per ton.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was attained by sweetened condensed and evaporated milk (+2.9%).

Qatar Evaporated And Condensed Milk Imports

In April 2023, evaporated and condensed milk imports into Qatar shrank dramatically to 1.7K tons, reducing by -23.5% compared with the previous month's figure. Over the period under review, imports, however, saw a tangible expansion. The most prominent rate of growth was recorded in November 2022 when imports increased by 168% m-o-m.

In value terms, evaporated and condensed milk imports shrank remarkably to $4.3M (IndexBox estimates) in April 2023. Overall, imports, however, saw perceptible growth. The pace of growth was the most pronounced in March 2023 when imports increased by 142% month-to-month. As a result, imports attained the peak of $6.6M, and then reduced sharply in the following month.

Qatar Evaporated And Condensed Milk Imports by Type

In April 2023, condensed or evaporated milk (unsweetened) (1.6K tons) was the main type of evaporated and condensed milk supplied to Qatar, with a 92% share of total imports. Moreover, condensed or evaporated milk (unsweetened) exceeded the figures recorded for the second-largest type, condensed or evaporated milk (sweetened) (132 tons), more than tenfold.

From April 2022 to April 2023, the average monthly rate of growth in terms of the volume of import of condensed or evaporated milk (unsweetened) stood at +3.1%.

In value terms, condensed or evaporated milk (unsweetened) ($3.8M) constituted the largest type of evaporated and condensed milk supplied to Qatar, comprising 90% of total imports. The second position in the ranking was taken by condensed or evaporated milk (sweetened) ($436K), with a 10% share of total imports.

Qatar Evaporated And Condensed Milk Imports by Country

In April 2023, the Netherlands (1.6K tons) was the main supplier of evaporated and condensed milk to Qatar, with a 94% share of total imports. Moreover, evaporated and condensed milk imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Spain (56 tons), more than tenfold.

From April 2022 to April 2023, the average monthly growth rate of volume from the Netherlands amounted to +5.8%. The remaining supplying countries recorded the following average monthly rates of imports growth: Spain (+7.5% per month) and the UK (-7.4% per month).

In value terms, the Netherlands ($3.9M) constituted the largest supplier of evaporated and condensed milk to Qatar, comprising 92% of total imports. The second position in the ranking was held by Spain ($257K), with a 6% share of total imports.

From April 2022 to April 2023, the average monthly rate of growth in terms of value from the Netherlands totaled +6.6%. The remaining supplying countries recorded the following average monthly rates of imports growth: Spain (+13.9% per month) and the UK (-6.3% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for evaporated and condensed milk in Qatar. 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 2030.

Product coverage:

  • FCL 889 - Whole Milk, Condensed
  • FCL 894 - Whole Milk, Evaporated
  • FCL 895 - Skim Milk, Evaporated
  • FCL 896 - Skim Milk, Condensed

Country coverage:

  • Qatar

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Qatar
  • 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, PRODUCING ANIMALS AND YIELD

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Producing Animals Slaughtered, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023

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