Benelux: Market for Powdered, Condensed Or Evaporated Milk 2024

Market Size for Powdered, Condensed Or Evaporated Milk in Benelux

The Benelux market for powdered, condensed or evaporated milk surged to $X in 2022, jumping by X% against the previous year. In general, consumption saw a resilient increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Powdered, Condensed Or Evaporated Milk in Benelux

In value terms, powdered, condensed or evaporated milk production rose to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

The country with the largest volume of powdered, condensed or evaporated milk production was the Netherlands (X tons), comprising approx. X% of total volume. Moreover, powdered, condensed or evaporated milk production in the Netherlands exceeded the figures recorded by the second-largest producer, Belgium (X tons), twofold.

In the Netherlands, powdered, condensed or evaporated milk production increased at an average annual rate of X% over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: Belgium (X% per year) and Luxembourg (X% per year).

Exports of Powdered, Condensed Or Evaporated Milk

Exports in Benelux

In 2022, overseas shipments of powdered, condensed or evaporated milk decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, continue to indicate modest growth. The most prominent rate of growth was recorded in 2019 when exports increased by X%. The volume of export peaked at X tons in 2021, and then contracted in the following year.

In value terms, powdered, condensed or evaporated milk exports rose sharply to $X in 2022. Total exports indicated noticeable 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, exports increased by X% against 2017 indices. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands represented the key exporting country with an export of about X tons, which finished at X% of total exports. It was distantly followed by Belgium (X tons), constituting 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 main 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.

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

Export Prices by Country

The export price in Benelux stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the export price showed a mild expansion. The pace of growth appeared the most rapid in 2017 an increase of X%. The level of export peaked 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, Condensed Or Evaporated Milk

Imports in Benelux

In 2022, powdered, condensed or evaporated milk imports in Benelux expanded modestly to X tons, growing by X% on 2021 figures. 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%. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, powdered, condensed or evaporated milk imports surged to $X in 2022. Total imports indicated a perceptible expansion 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. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, the Netherlands (X tons) represented the major importer of powdered, condensed or evaporated milk, mixing up X% of total imports. It was distantly followed by Belgium (X tons), creating a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Belgium (with a CAGR of X%).

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

Among the main importing countries, the Netherlands, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2022, surging by X% against the previous year. Import price indicated slight growth 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, condensed or evaporated milk import price increased by X% against 2018 indices. The growth pace was the most rapid in 2019 an increase of X%. Over the period under review, import prices hit record highs 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 stood at $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