Report Update Nov 1, 2024

Azerbaijan - Condensed or Evaporated Milk (Unsweetened) - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

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

Azerbaijan: Market for Condensed Or Evaporated Milk (Unsweetened) 2024

Market Size for Condensed Or Evaporated Milk (Unsweetened) in Azerbaijan

In 2021, the Azerbaijani market for condensed or evaporated milk (unsweetened) increased by 380% to $X, rising for the second year in a row after two years of decline. In general, consumption recorded significant growth. Unsweetened condensed and evaporated milk consumption peaked in 2021 and is expected to retain growth in the near future.

Production of Condensed Or Evaporated Milk (Unsweetened) in Azerbaijan

In value terms, unsweetened condensed and evaporated milk production contracted to $X in 2021 estimated in export price. Overall, production saw a noticeable decline. The pace of growth appeared the most rapid in 2013 when the production volume increased by 3.7%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Exports of Condensed Or Evaporated Milk (Unsweetened)

Exports from Azerbaijan

In 2019, the amount of condensed or evaporated milk (unsweetened) exported from Azerbaijan plummeted to X kg, waning by -19.4% on 2018. Overall, exports saw a abrupt slump. The smallest decline of -18.4% was in 2018. The exports peaked at X kg in 2016; however, from 2017 to 2019, the exports failed to regain momentum.

In value terms, unsweetened condensed and evaporated milk exports shrank rapidly to $X in 2019. In general, exports faced a abrupt contraction. The exports peaked at $X in 2016; however, from 2017 to 2019, the exports failed to regain momentum.

Exports by Country

Georgia (X kg) was the main destination for unsweetened condensed and evaporated milk exports from Azerbaijan, with a approx. 100% share of total exports.

From 2016 to 2019, the average annual growth rate of volume to Georgia amounted to -19.5%.

In value terms, Georgia ($X) emerged as the key foreign market for condensed or evaporated milk (unsweetened) exports from Azerbaijan.

From 2016 to 2019, the average annual growth rate of value to Georgia totaled -19.3%.

Export Prices by Country

The average export price for condensed or evaporated milk (unsweetened) stood at $X per ton in 2019, with an increase of 3.3% against the previous year. Overall, the export price showed a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Georgia.

From 2016 to 2019, the rate of growth in terms of prices for Georgia amounted to +0.3% per year.

Imports of Condensed Or Evaporated Milk (Unsweetened)

Imports into Azerbaijan

In 2021, overseas purchases of condensed or evaporated milk (unsweetened) increased by 372% to X tons, rising for the second year in a row after two years of decline. Overall, imports saw significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 1,867% against the previous year. Imports peaked in 2021 and are likely to continue growth in the near future.

In value terms, unsweetened condensed and evaporated milk imports skyrocketed to $X in 2021. In general, imports posted a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 2,089% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2021, Iran (X tons) was the main unsweetened condensed and evaporated milk supplier to Azerbaijan, with a 91% share of total imports. Moreover, unsweetened condensed and evaporated milk imports from Iran exceeded the figures recorded by the second-largest supplier, Ukraine (X tons), more than tenfold. France (X tons) ranked third in terms of total imports with a 2% share.

From 2012 to 2021, the average annual growth rate of volume from Iran stood at +2,567.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (+20.7% per year) and France (+38.2% per year).

In value terms, Iran ($X) constituted the largest supplier of condensed or evaporated milk (unsweetened) to Azerbaijan, comprising 94% of total imports. The second position in the ranking was taken by Ukraine ($X), with a 4.3% share of total imports. It was followed by France, with a 0.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Iran totaled +3,368.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (+16.4% per year) and France (+10.5% per year).

Import Prices by Country

In 2021, the average import price for condensed or evaporated milk (unsweetened) amounted to $X per ton, with an increase of 12% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of 105% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Iran (+30.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for condensed or evaporated milk (unsweetened) in the world?

The countries with the highest volumes of unsweetened condensed and evaporated milk consumption in 2021 were Peru, the Netherlands and Germany, together comprising 31% of global consumption. The United States, Russia, Belarus, Mexico, Singapore, Greece, China, Oman, the Czech Republic and Canada lagged somewhat behind, together accounting for a further 38%.

What are the largest producers of condensed or evaporated milk (unsweetened) in the world?

The countries with the highest volumes of unsweetened condensed and evaporated milk production in 2021 were Peru, Germany and the Netherlands, together comprising 42% of global production. These countries were followed by the United States, Russia, Belarus, Mexico, Singapore, France, China, the Czech Republic, Canada and South Africa, which together accounted for a further 38%.

What are the leading suppliers of condensed or evaporated milk (unsweetened) to Azerbaijan?

In value terms, Ukraine constituted the largest supplier of unsweetened condensed and evaporated milk to Azerbaijan.

What is the average export price for condensed or evaporated milk (unsweetened) in Azerbaijan?

The average export price for condensed or evaporated milk unsweetened) stood at $2,769 per ton in 2019, surging by 4.6% against the previous year.

What is the average import price for condensed or evaporated milk (unsweetened) in Azerbaijan?

In 2021, the average import price for condensed or evaporated milk unsweetened) amounted to $1,229 per ton, growing by 15% against the previous year.

This report provides an in-depth analysis of the market for unsweetened condensed and evaporated milk in Azerbaijan. 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 894 - Whole Milk, Evaporated
FCL 895 - Skim Milk, Evaporated

Country coverage:

Azerbaijan

Data coverage:

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

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. TOP EXPORTING COUNTRIES
4. 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 VOLUME AND VALUE
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. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023