Africa: Fermented Milk Products Market 2020

Fermented Milk Products Market Size in Africa

The revenue of the fermented milk products market in Africa amounted to $X in 2017, increasing by X% against the previous year. The total market indicated a strong growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2010, when market value increased by X% against the previous year. The level of fermented milk products consumption peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Fermented Milk Products Production in Africa

The fermented milk products production totaled X tons in 2017, remaining relatively unchanged against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The pace of growth appeared the most rapid in 2012, when the output figure increased by X% against the previous year. Over the period under review, the fermented milk products production attained its maximum volume of X tons in 2016, leveling off in the following year.

Fermented Milk Products Exports in Africa

In 2017, the amount of curdled milk, cream, yogurt or acidified milk and other fermented products exported in Africa stood at X tons, surging by X% against the previous year. The fermented milk products exports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2010, with an increase of X% against the previous year. Over the period under review, the fermented milk products exports attained its maximum volume of X tons in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, fermented milk products exports totaled $X in 2017. The fermented milk products exports continue to indicate a strong growth. Over the period under review, the fermented milk products exports attained its maximum level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Fermented Milk Products Exports by Country in Africa

In 2017, South Africa (X tons) represented the key exporter for curdled milk, cream, yogurt or acidified milk and other fermented products, making up X% of total exports. Nigeria (X tons) occupied a X% share (based on tons) of total exports, which put it in second place, followed by Tunisia (X%). The following exporters - Togo (X tons) and Senegal (X tons) each amounted to a X% share of total exports.

From 2007 to 2017, average annual rates of growth with regard to fermented milk products exports from South Africa stood at +X%. At the same time, Senegal (+X%), Tunisia (+X%) and Nigeria (+X%) displayed positive paces of growth. Moreover, Senegal emerged as the fastest growing exporter in Africa, with a CAGR of +X% from 2007-2017. By contrast, Togo (-X%) illustrated a downward trend over the same period. While the share of Togo (X%) increased significantly in terms of the global exports from 2007-2017, the share of Senegal (-X%), Nigeria (-X%), Tunisia (-X%) and South Africa (-X%) displayed negative dynamics.

In value terms, South Africa ($X) remains the largest fermented milk products supplier in Africa, making up X% of global exports. The second position in the ranking was occupied by Tunisia ($X), with a X% share of global exports. It was followed by Senegal, with a X% share.

From 2007 to 2017, the average annual growth rate of value in South Africa amounted to +X%. In the other countries, the average annual rates were as follows: Tunisia (+X% per year) and Senegal (+X% per year).

Fermented Milk Products Export Prices by Country in Africa

In 2017, the fermented milk products export price in Africa amounted to $X per ton, picking up by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2010, when the export prices increased by X% against the previous year. Over the period under review, the export prices for curdled milk, cream, yogurt or acidified milk and other fermented products attained its peak figure level of $X per ton in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Senegal ($X per ton), while Nigeria ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Senegal (+X% per year), while the other leaders experienced a decline in the export price figures.

Fermented Milk Products Imports in Africa

In 2017, approx. X tons of curdled milk, cream, yogurt or acidified milk and other fermented products were imported in Africa; flattening at the previous year. The total imports indicated a slight increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the fermented milk products imports decreased by -X% against 2014 indices. The most prominent rate of growth was recorded in 2011, with an increase of X% year-to-year. Over the period under review, the fermented milk products imports reached its peak figure volume of X tons in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, fermented milk products imports stood at $X in 2017. The total imports indicated a slight expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The level of imports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Fermented Milk Products Imports by Country in Africa

In 2017, Angola (X tons), Botswana (X tons), Nigeria (X tons) and Libya (X tons) represented the key importers of curdled milk, cream, yogurt or acidified milk and other fermented products in Africa, making up X% of total import. It was distantly followed by Mozambique (X tons) and Namibia (X tons), together achieving X% share of total imports. Cabo Verde (X tons), South Africa (X tons), Lesotho (X tons), Swaziland (X tons), Seychelles (X tons) and Ghana (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Mozambique (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Angola ($X), Nigeria ($X) and Botswana ($X) appeared to be the countries with the highest levels of imports in 2017, together accounting for X% of total imports. Libya, Mozambique, South Africa, Namibia, Cabo Verde, Ghana, Seychelles, Lesotho and Swaziland lagged somewhat behind, together accounting for a further X%.

Mozambique (+X% per year) recorded the highest growth rate of imports, among the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Fermented Milk Products Import Prices by Country in Africa

The fermented milk products import price in Africa stood at $X per ton in 2017, increasing by X% against the previous year. The fermented milk products import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017, when the import prices increased by X% against the previous year. Over the period under review, the import prices for curdled milk, cream, yogurt or acidified milk and other fermented products reached its peak figure level of $X per ton in 2010; however, from 2011 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was South Africa ($X per ton), while Libya ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Seychelles (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform