Benelux: Market for Powdered, Evaporated And Condensed Milk 2024

Market Size for Powdered, Evaporated And Condensed Milk in Benelux

The Benelux market for powdered, evaporated and condensed milk skyrocketed to $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption posted a strong increase. The level of consumption peaked in 2022 and is likely to see steady growth in years to come.

Production of Powdered, Evaporated And Condensed Milk in Benelux

In value terms, powdered, evaporated and condensed milk production rose modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Powdered, Evaporated And Condensed Milk

Exports in Benelux

In 2022, powdered, evaporated and condensed milk exports in Benelux was estimated at X tons, almost unchanged from the previous year's figure. The total export volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2019 with an increase of X%. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, powdered, evaporated and condensed milk exports soared to $X in 2022. Total exports indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of export peaked in 2022 and is likely to continue growth in the near future.

Exports by Country

In 2022, the Netherlands (X tons) was the major exporter of powdered, evaporated and condensed milk, comprising X% of total exports. It was distantly followed by Belgium (X tons), creating a X% share of total exports. Luxembourg (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Luxembourg (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Belgium ($X) and Luxembourg ($X) constituted the countries with the highest levels of exports in 2022.

Luxembourg, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per ton, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2017 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while Luxembourg ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Luxembourg (X%), while the other leaders experienced more modest paces of growth.

Imports of Powdered, Evaporated And Condensed Milk

Imports in Benelux

Powdered, evaporated and condensed milk imports rose rapidly to X tons in 2022, picking up by X% compared with the previous year. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The volume of import peaked in 2022 and is likely to continue growth in the immediate term.

In value terms, powdered, evaporated and condensed milk imports surged to $X in 2022. Total imports indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2016 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The purchases of the two major importers of powdered, evaporated and condensed milk, namely the Netherlands and Belgium, represented more than two-thirds of total import.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of X%).

In value terms, the Netherlands ($X) and Belgium ($X) were the countries with the highest levels of imports in 2022.

The Netherlands, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2022, growing by X% against the previous year. Import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, powdered, evaporated and condensed milk import price increased by X% against 2018 indices. The pace of growth was the most pronounced in 2019 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while the Netherlands totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%).

Source: IndexBox Platform