Eastern Asia: Fermented Milk Products Market 2020

Fermented Milk Products Market Size in Eastern Asia

The revenue of the fermented milk products market in Eastern Asia amounted to $X in 2017, surging by X% against the previous year. The fermented milk products consumption continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2011, when market value increased by X% against the previous year. Over the period under review, the fermented milk products market attained its peak figure level in 2017, and is likely to continue its growth in the immediate term.

Fermented Milk Products Production in Eastern Asia

In 2017, approx. X tons of curdled milk, cream, yogurt or acidified milk and other fermented products were produced in Eastern Asia; remaining constant against the previous year. The fermented milk products production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015, with an increase of X% year-to-year. Over the period under review, the fermented milk products production attained its maximum volume of X tons in 2009; however, from 2010 to 2017, it stood at a somewhat lower level.

Fermented Milk Products Exports in Eastern Asia

The exports totaled X tons in 2017, remaining relatively unchanged against the previous year. The total export volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2009, with an increase of X% y-o-y. Over the period under review, the fermented milk products exports attained its peak figure volume in 2017, and are likely to see steady growth in the immediate term.

In value terms, fermented milk products exports stood at $X in 2017. The fermented milk products exports continue to indicate a prominent growth. Over the period under review, the fermented milk products exports reached its maximum level in 2017, and are expected to retain its growth in the near future.

Fermented Milk Products Exports by Country in Eastern Asia

South Korea (X tons) and China, Hong Kong SAR (X tons) represented roughly X% of total exports of curdled milk, cream, yogurt or acidified milk and other fermented products in 2017. Taiwan, Chinese (X tons) took the second position in the ranking, distantly followed by China (X tons). All these countries together held near X% share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Taiwan, Chinese (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest fermented milk products markets worldwide were China, Hong Kong SAR ($X), Taiwan, Chinese ($X) and South Korea ($X), with a combined X% share of total exports.

Among the main exporting countries , Taiwan, Chinese (+X% per year) recorded the highest growth rate of exports, over the last decade, while the other leaders experienced more modest paces of growth.

Fermented Milk Products Export Prices by Country in Eastern Asia

The fermented milk products export price in Eastern Asia stood at $X per ton in 2017, growing by X% against the previous year. The export price indicated a strong growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the fermented milk products export price increased by +X% against 2007 indices. The growth pace was the most rapid in 2014, when it surged by X% year-to-year. The level of export price peaked in 2017, and is likely to see steady growth in the near future.

Export prices varied noticeably by the country of destination; the country with the highest export price was Taiwan, Chinese ($X per ton), while South Korea ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Taiwan, Chinese (+X% per year), while the other leaders experienced more modest paces of growth.

Fermented Milk Products Imports in Eastern Asia

In 2017, fermented milk products imports in Eastern Asia stood at X tons, dropping by -X% against the previous year. The fermented milk products imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2011, when imports increased by X% y-o-y. The volume of imports peaked of X tons in 2015; however, from 2016 to 2017, it failed to regain its momentum.

In value terms, fermented milk products imports stood at $X in 2017. The fermented milk products imports continue to indicate a prominent growth. The level of imports peaked of $X in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Fermented Milk Products Imports by Country in Eastern Asia

China (X tons) and China, Hong Kong SAR (X tons) dominates fermented milk products imports structure, together generating X% of total imports. It was distantly followed by China, Macao SAR (X tons), committing X% share of total imports. Taiwan, Chinese (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by China, Hong Kong SAR (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), China, Hong Kong SAR ($X) and China, Macao SAR ($X) appeared to be the countries with the highest levels of imports in 2017, together accounting for X% of total imports.

China, Hong Kong SAR (+X% per year) experienced the highest growth rate of imports, among the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Fermented Milk Products Import Prices by Country in Eastern Asia

The fermented milk products import price in Eastern Asia stood at $X per ton in 2017, increasing by X% against the previous year. The import price indicated a strong growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the fermented milk products import price increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2017, when it surged by X% y-o-y. In that year, the import prices for curdled milk, cream, yogurt or acidified milk and other fermented products attained their peak level, and is likely to continue its growth in the immediate term.

Average import prices varied somewhat amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in Taiwan, Chinese ($X per ton) and China, Macao SAR ($X per ton), while China ($X per ton) and China, Hong Kong SAR ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by China (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform