Report Update Nov 1, 2024

Angola - Dried Milk - Market Analysis, Forecast, Size, Trends and Insights

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Angola: Powdered Milk Market 2024

Powdered Milk Market Size in Angola

After two years of decline, the Angolan powdered milk market increased by 23% to $X in 2022. Over the period under review, consumption, however, showed a perceptible downturn. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Powdered Milk Exports

Exports from Angola

In 2022, overseas shipments of powdered milk increased by 71% to X tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a precipitous decline. The pace of growth appeared the most rapid in 2019 with an increase of 456%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, powdered milk exports skyrocketed to $X in 2022. In general, exports, however, recorded a sharp downturn. The most prominent rate of growth was recorded in 2019 with an increase of 407%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Democratic Republic of the Congo (X tons) was the main destination for powdered milk exports from Angola, accounting for a 91% share of total exports. Moreover, powdered milk exports to Democratic Republic of the Congo exceeded the volume sent to the second major destination, Sao Tome and Principe (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Democratic Republic of the Congo totaled -28.2%.

In value terms, Democratic Republic of the Congo ($X) remains the key foreign market for powdered milk exports from Angola, comprising 95% of total exports. The second position in the ranking was held by Sao Tome and Principe ($X), with a 3.4% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Democratic Republic of the Congo totaled -21.7%.

Export Prices by Country

In 2022, the average powdered milk export price amounted to $X per ton, with an increase of 28% against the previous year. Overall, the export price posted prominent growth. The growth pace was the most rapid in 2018 when the average export price increased by 73%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($X per ton), while the average price for exports to Sao Tome and Principe amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (+9.1%).

Powdered Milk Imports

Imports into Angola

In 2022, supplies from abroad of powdered milk increased by 22% to X tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a noticeable reduction. The pace of growth appeared the most rapid in 2019 when imports increased by 95% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, powdered milk imports surged to $X in 2022. In general, imports, however, saw a perceptible reduction. The most prominent rate of growth was recorded in 2019 when imports increased by 85%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Belgium (X tons), New Zealand (X tons) and Malaysia (X tons) were the main suppliers of powdered milk imports to Angola, together comprising 49% of total imports. The Netherlands, Ireland, France, Portugal, the United Arab Emirates, Argentina, the UK, Singapore, Ghana and Iceland lagged somewhat behind, together accounting for a further 43%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United Arab Emirates (with a CAGR of +38.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest powdered milk suppliers to Angola were Belgium ($X), New Zealand ($X) and the Netherlands ($X), with a combined 45% share of total imports. Malaysia, Portugal, Ireland, France, the United Arab Emirates, the UK, Singapore, Ghana, Argentina and Iceland lagged somewhat behind, together accounting for a further 47%.

The United Arab Emirates, with a CAGR of +40.5%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average powdered milk import price stood at $X per ton in 2022, stabilizing at the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 20%. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Portugal ($X per ton), while the price for Iceland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iceland (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for powdered, evaporated and condensed milk in the world?

The countries with the highest volumes of in 2021 were China, the United States and Brazil, with a combined 23% share of global consumption. These countries were followed by France, Germany, Mexico, Peru, the Netherlands, Malaysia, Russia, Algeria, Indonesia and Saudi Arabia, which together accounted for a further 31%.

What are the largest producers of powdered, evaporated and condensed milk in the world?

The countries with the highest volumes of in 2021 were the United States, New Zealand and Germany, together accounting for 37% of global production. These countries were followed by France, Brazil, the Netherlands, Peru, Mexico, Belarus, Malaysia, the UK, Belgium and India, which together accounted for a further 33%.

What are the leading suppliers of powdered, evaporated and condensed milk to Angola?

In value terms, the United Arab Emirates, Ireland and the Netherlands were the largest powdered, evaporated and condensed milk suppliers to Angola, with a combined 42% share of total imports.

What are the leading importers of powdered, evaporated and condensed milk from Angola?

In value terms, Democratic Republic of the Congo remains the key foreign market for powdered, evaporated and condensed milk exports from Angola, comprising 69% of total exports. The second position in the ranking was occupied by Namibia, with a 31% share of total exports.

What is the average export price for powdered, evaporated and condensed milk in Angola?

The average export price for powdered, evaporated and condensed milk stood at $1,687 per ton in 2021, rising by 2% against the previous year.

What is the average import price for powdered, evaporated and condensed milk in Angola?

In 2021, the average import price for powdered, evaporated and condensed milk amounted to $3,145 per ton, shrinking by -2.3% against the previous year.

This report provides an in-depth analysis of the powdered milk market in Angola. 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 897 - Dry Whole Cow Milk
FCL 898 - Dry Skim Cow Milk

Country coverage:

Angola

Data coverage:

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

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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