We use cookies to improve your experience and for marketing. Read our cookie policy or manage cookies.

Accept essential cookies
Accept all cookies
World - Condensed Or Evaporated Milk (Sweetened) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2025

World - Condensed Or Evaporated Milk (Sweetened) - Market Analysis, Forecast, Size, Trends And Insights

Single report
Sent by email within 24h (Mon-Fri)
What's the difference?
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Sweetened condensed and evaporated milk market

Sweetened condensed and evaporated milk market: get access to the latest data secured by an Ai-driven business intelligence tool. Facts and figures cover market prices, exports, companies, market size, production, imports, consumption, and trade. There is a breakdown by region, including EU, the U.K., the U.S., Latin America, Africa, Russia, China, and the Middle East. Market dynamics and outlook to 2030 are also featured in the reports.

Sweetened Condensed and Evaporated Milk - World's Largest Markets

RatingCountry
1United States
2Malaysia
3United Kingdom
4Mexico
5Brazil

In value terms, the United States led the market, alone. The second position in the ranking was occupied by Malaysia. It was followed by the UK.

From 2019 to 2021, the average annual growth rate of value in the United States totaled +1.2%. In the other countries, the average annual rates were as follows: Malaysia (+2.2% per year) and the UK (-2.3% per year).

Sweetened Condensed And Evaporated Milk Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201920202021CAGR,
2019-2021
USD per ton
Togo6446526631.5%
Saudi Arabia6886966910.2%
Malaysia9069469271.2%
Thailand891120610076.3%
Australia1484161016074.1%
Belarus179717161736-1.7%
Chile1648167318044.6%
Netherlands237420931974-8.8%
Germany1822186519774.2%
Spain1877191921436.9%
Belgium2434242824530.4%
Average1452146814730.7%

Prices varied noticeably by the country of origin; the country with the highest price was Belgium ($2,453 per ton), while Togo ($663 per ton) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Spain, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201920202021CAGR,
2019-2021
USD per ton
Germany2302235425344.9%
Saudi Arabia2400251724521.1%
United Kingdom1952206822968.5%
France231725562283-0.7%
Spain215924882084-1.8%
Netherlands194618331783-4.3%
Russia1726164317520.8%
China1468153715011.1%
Mexico1269127512720.1%
Bahrain958116310223.3%
Indonesia966905932-1.8%
United Arab Emirates547544546-0.1%
Togo4294464603.6%
Average1470153415703.3%

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Germany ($2,534 per ton), while Togo ($460 per ton) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by the UK, while the other global leaders experienced more modest paces of growth.

Sweetened Condensed and Evaporated Milk - Top Importers

COUNTRY201920202021CAGR,
2019-2021
billion USD
Saudi Arabia0.10.10.1-4.1%
Russia0.070.080.072.7%
United Arab Emirates0.080.070.07-3.5%
Netherlands0.060.050.061.7%
France0.060.060.06-4.6%

In value terms, the largest sweetened condensed and evaporated milk importing markets worldwide were Saudi Arabia ($136M), Russia ($72M) and the United Arab Emirates ($72M), together accounting for 24% of global imports. The Netherlands, France, the UK, Germany, Spain, China, Mexico, Indonesia, Bahrain and Togo lagged somewhat behind, together accounting for a further 28%.

Togo saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Sweetened Condensed and Evaporated Milk - Top Exporters

COUNTRY201920202021CAGR,
2019-2021
billion USD
Belgium0.20.20.29.3%
Saudi Arabia0.20.10.1-3.3%
Netherlands0.10.10.1-2.3%
Belarus0.080.090.084.3%
Spain0.070.080.0810.4%

In value terms, the largest sweetened condensed and evaporated milk supplying countries worldwide were Belgium ($209M), Saudi Arabia ($144M) and the Netherlands ($143M), together accounting for 43% of global exports. These countries were followed by Belarus, Spain, Germany, Malaysia, Chile, Australia, Togo and Thailand, which together accounted for a further 36%.

Togo saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Sweetened Condensed and Evaporated Milk - Market Forecast

Driven by increasing demand for sweetened condensed and evaporated milk worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to accelerate, expanding with an anticipated CAGR of for the period from 2021 to 2030, which is projected to bring the market volume to by the end of 2030.

Sweetened Condensed and Evaporated Milk - Top Companies

Nestlé Suisse S.A., Nestle Holdings, Inc., Saputo Dairy Foods Usa, LLC, Mead Johnson Nutrition Company, CAPITOL CHILLED FOODS (AUSTRALIA) PTY. LIMITED, Nestlé México, S.A. de C.V., The Hain Celestial Group Inc, SOLICO GROUP, SPÓLDZIELNIA MLECZARSKA MLEKPOL W GRAJEWIE, Dean Holding Company, NESTLE AUSTRALIA LTD, Associated Milk Producers Inc, Northwest Dairy Association, PARMALAT AUSTRALIA PTY LTD, LONGWARRY FOOD PARK PTY. LTD., NEW ZEALAND MILK (AUSTRALASIA) PTY LTD, FONTERRA INGREDIENTS AUSTRALIA PTY LTD, FONTERRA BRANDS (AUSTRALIA) PTY LTD, LECHE GLORIA S.A., FONTERRA AUSTRALIA PTY LTD

Sweetened Condensed and Evaporated Milk - Product Coverage

  • HS 040299 - Dairy produce; milk and cream, containing added sugar or other sweetening matter, other than in powder, granules or other solid forms

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global market for sweetened condensed and evaporated milk. 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 896 - Skim Milk, Condensed

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • 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 THE 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 EditionPRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and its Prospects

    1. MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. CONSUMPTION BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    3. MARKET FORECAST TO 2035

  4. 4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION

    Finding New Products to Diversify Your Business

    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCTS
    4. MOST TRADED PRODUCTS
    5. MOST PROFITABLE PRODUCTS FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Export

    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 VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. PRODUCTION BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    3. IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    3. EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    4. Per Capita Consumption, by Country, 2022–2024
    5. Production, In Physical Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
    6. Imports, In Physical Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
    7. Imports, In Value Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
    8. Import Prices, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
    9. Exports, In Physical Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
    10. Exports, In Value Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
    11. Export Prices, By Country: Historical Data (2012–2024) and Forecast (2025–2035)

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    2. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Consumption, by Country, 2024
    4. Market Volume Forecast to 2035
    5. Market Value Forecast to 2035
    6. Market Size and Growth, By Product
    7. Average Per Capita Consumption, By Product
    8. Exports and Growth, By Product
    9. Export Prices and Growth, By Product
    10. Production Volume and Growth
    11. Exports and Growth
    12. Export Prices and Growth
    13. Market Size and Growth
    14. Per Capita Consumption
    15. Imports and Growth
    16. Import Prices
    17. Production, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    18. Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    19. Production, by Country, 2024
    20. Production, In Physical Terms, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
    21. Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    22. Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    23. Imports, In Physical Terms, By Country, 2024
    24. Imports, In Physical Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
    25. Imports, In Value Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
    26. Import Prices, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
    27. Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    28. Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    29. Exports, In Physical Terms, By Country, 2024
    30. Exports, In Physical Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
    31. Exports, In Value Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
    32. Export Prices, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
Store
Blog
Event
Top Import Markets for Powdered, Condensed or Evaporated Milk
Aug 28, 2024
Eye 218

Explore the top import markets for powdered, condensed or evaporated milk based on data from IndexBox. Learn about the key countries driving global demand.
Germany’s Skimmed Milk Exports Remains Strong despite 9% Drop in 2014
Oct 21, 2015
Eye 1600

Germany dominates in the global skimmed milk trade. In 2014, Germany exported X thousand tons of skimmed milk totaling X million USD, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total skimmed mi
New Zealand’s Evaporated Milk Exports Increased by 7% in 2014
Oct 18, 2015
Eye 1863

New Zealand seized control of the market for evaporated and condensed milk. In 2014, New Zealand exported X thousand tons of evaporated and condensed milk totaling X million USD, X% over the previous year. Its primary trading partner was Chin
Top Import Markets for Powdered, Evaporated, and Condensed Milk
Nov 29, 2023
Eye 737

Explore the top import markets for powdered, evaporated, and condensed milk in the world. Learn about the countries with the highest import values and key statistics. Find out how IndexBox market intelligence platform provides valuable insights.
The World's Best Import Markets for Powdered Milk
Nov 10, 2023
Eye 769

Explore the top import markets for powdered milk and discover key statistics and numbers showcasing the global trade in this sector. China, Algeria, Indonesia, Mexico, United Arab Emirates, Philippines, Netherlands, Malaysia, Belgium, and Thailand are the leading countries in the import value of powdered milk.
Exploring the World's Best Import Markets for Whole Powdered Milk
May 3, 2024
Eye 394

Discover the top 10 countries with the highest import values for whole powdered milk in 2023. Learn about the trends and factors driving the demand for this dairy product in key markets.
Top Import Markets for Skim Powdered Milk
Jul 31, 2024
Eye 240

Explore the world's best import markets for skim powdered milk and understand the key statistics and trends in the industry.
Webinar: Global Wood Pulp Market - Statistics, Trends, and Outlook
Thursday, May 20th, 2021 @ 04:00 pm ET

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

IDH, The Sustainable Trade Initiative

IndexBox Inc.

Lenzing Group
Webinar: Decarbonisation and Your Business Strategy - Zero Net Carbon Buildings
Monday, January 15th, 2024 @ 08:47 am ET

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!

Port Authority of New York and New Jersey

Buro Happold

IndexBox Inc.

EIT InnoEnergy

Ambient Energy, A Mead & Hunt Company

Weitzman School Of Design, University of Pennsylvania
Webinar: Decarbonisation and Your Business Strategy - Tools and Marketplaces
Tuesday, February 8th, 2022 @ 04:00 pm ET

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!

Westbrook Stevens, LLC

Radicle

IndexBox Inc.

NCX

Mpowa

Digital20
Webinar: Decarbonisation and Your Business Strategy - Steps and Practices
Tuesday, January 25th, 2022 @ 04:00 pm ET

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!

Hyphen Global AG

JRP

IndexBox Inc.

SDXspace

JLL

Lynx Global Intelligence
Test tigran
Saturday, November 11th, 2023 @ 11:06 pm ET

Test tigran Please refer to the source http://localhost/events/
Biogas Market: Getting to Net-Zero amid Energy Crisis
Thursday, November 18th, 2021 @ 04:00 pm ET

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

Centrica Energy Trading

Agromin

AFS Energy

IndexBox Inc.

Ecogen Brasil

Thyson Technology Ltd
Wind Energy Market: Getting to Net-Zero amid Energy Crisis
Thursday, November 11th, 2021 @ 04:00 pm ET

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

IndexBox Inc.

MULTIPLIANCE

Grupo MAE Energías Renovables

Albanian Renewable Energy Association - AREA

CMS Cameron McKenna Nabarro
Solar Energy Market: Getting to Net-Zero amid Energy Crisis
Thursday, November 4th, 2021 @ 03:00 pm ET

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

DLA Piper

IndexBox Inc.

MULTIPLIANCE

Suntuity

Grupo MAE Energías Renovables

Ørsted

Pfister Energy
Webinar: Global Biomass Market - Statistics, Regulation, and Outlook
Thursday, October 14th, 2021 @ 04:00 pm ET

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

UNDP

IndexBox Inc.

Instituto Mexicano del Petróleo

Center for Sustainable Future Technologies
Webinar: Global Recovered Paper Market - Statistics, Trends, and Outlook
Thursday, October 7th, 2021 @ 04:00 pm ET

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

Recovered Paper Consulting, LLC

IndexBox Inc.

Mid America Paper Recycling

Group EcoBox OU
Free Data: Condensed Or Evaporated Milk (Sweetened) - World
Table
Condensed Or Evaporated Milk (Sweetened) - World - Table
Dashboard
Condensed Or Evaporated Milk (Sweetened) - World - Dashboard
Report
Condensed Or Evaporated Milk (Sweetened) - World - Report