Report Update Nov 1, 2024

Bangladesh - 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

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

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

The Bangladeshi market for condensed or evaporated milk (unsweetened) soared to $X in 2021, rising by 33% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a remarkable increase. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market failed to regain momentum.

Exports of Condensed Or Evaporated Milk (Unsweetened)

Exports from Bangladesh

In 2021, exports of condensed or evaporated milk (unsweetened) from Bangladesh totaled less than X kg, approximately reflecting 2020. In general, exports continue to indicate a relatively flat trend pattern.

In value terms, unsweetened condensed and evaporated milk exports totaled less than $X in 2021. Over the period under review, exports continue to indicate a relatively flat trend pattern.

Imports of Condensed Or Evaporated Milk (Unsweetened)

Imports into Bangladesh

For the fifth year in a row, Bangladesh recorded growth in supplies from abroad of condensed or evaporated milk (unsweetened), which increased by 15% to X tons in 2021. Over the period under review, imports recorded a resilient expansion. The pace of growth appeared the most rapid in 2015 when imports increased by 174%. As a result, imports attained the peak of X tons. From 2016 to 2021, the growth of imports remained at a lower figure.

In value terms, unsweetened condensed and evaporated milk imports soared to $X in 2021. In general, imports showed a significant increase. The pace of growth appeared the most rapid in 2015 with an increase of 273% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of unsweetened condensed and evaporated milk to Bangladesh, with a 44% share of total imports. Moreover, unsweetened condensed and evaporated milk imports from Germany exceeded the figures recorded by the second-largest supplier, Saudi Arabia (X kg), ninefold. The third position in this ranking was taken by the UK (X kg), with a 5.1% share.

From 2012 to 2021, the average annual growth rate of volume from Germany totaled +18.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (-10.7% per year) and the UK (0.0% per year).

In value terms, Germany ($X) constituted the largest supplier of condensed or evaporated milk (unsweetened) to Bangladesh, comprising 38% of total imports. The second position in the ranking was taken by the UK ($X), with a 17% share of total imports. It was followed by Saudi Arabia, with a 5.9% share.

From 2012 to 2021, the average annual growth rate of value from Germany totaled +49.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (0.0% per year) and Saudi Arabia (+3.2% per year).

Import Prices by Country

The average import price for condensed or evaporated milk (unsweetened) stood at $X per ton in 2021, with an increase of 21% against the previous year. In general, the import price saw prominent growth. The most prominent rate of growth was recorded in 2015 when the average import price increased by 36%. Over the period under review, average import prices attained the maximum in 2021 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Singapore ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+26.0%), 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 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, with a combined 31% share of global consumption. These countries were followed by the United States, Russia, Belarus, Mexico, Singapore, Greece, China, Oman, the Czech Republic and Canada, which together accounted 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 Bangladesh?

In value terms, Germany constituted the largest supplier of unsweetened condensed and evaporated milk to Bangladesh, comprising 50% of total imports. The second position in the ranking was occupied by the United Arab Emirates, with a 24% share of total imports. It was followed by the UK, with a 23% share.

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

In 2021, the average import price for condensed or evaporated milk unsweetened) amounted to $2,035 per ton, remaining constant against the previous year.

This report provides an in-depth analysis of the market for unsweetened condensed and evaporated milk in Bangladesh. 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:

Bangladesh

Data coverage:

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