Egypt: Market for Powdered, Condensed Or Evaporated Milk 2024

Market Size for Powdered, Condensed Or Evaporated Milk in Egypt

The Egyptian market for powdered, condensed or evaporated milk soared to $X in 2022, jumping by X% against the previous year. Overall, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Production of Powdered, Condensed Or Evaporated Milk in Egypt

In value terms, powdered, condensed or evaporated milk production rose modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

Exports of Powdered, Condensed Or Evaporated Milk

Exports from Egypt

In 2022, shipments abroad of powdered, condensed or evaporated milk decreased by X% to X tons, falling for the fourth year in a row after three years of growth. Over the period under review, exports continue to indicate a abrupt slump. The growth pace was the most rapid in 2017 when exports increased by X%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, powdered, condensed or evaporated milk exports fell markedly to $X in 2022. In general, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Saudi Arabia (X tons) was the main destination for powdered, condensed or evaporated milk exports from Egypt, with a X% share of total exports. Moreover, powdered, condensed or evaporated milk exports to Saudi Arabia exceeded the volume sent to the second major destination, Mauritania (X tons), threefold. Syrian Arab Republic (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Saudi Arabia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Mauritania (X% per year) and Syrian Arab Republic (X% per year).

In value terms, Saudi Arabia ($X) remains the key foreign market for powdered, condensed or evaporated milk exports from Egypt, comprising X% of total exports. The second position in the ranking was held by Mauritania ($X), with an X% share of total exports. It was followed by Syrian Arab Republic, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Saudi Arabia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mauritania (X% per year) and Syrian Arab Republic (X% per year).

Export Prices by Country

The average export price for powdered, condensed or evaporated milk stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the export price saw a prominent increase. The pace of growth appeared the most rapid in 2020 when the average export price increased by X%. The export price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Cote d'Ivoire ($X per ton) and Lebanon ($X per ton), while the average price for exports to Yemen ($X per ton) and Madagascar ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Powdered, Condensed Or Evaporated Milk

Imports into Egypt

In 2022, overseas purchases of powdered, condensed or evaporated milk decreased by X% to X tons, falling for the third year in a row after two years of growth. In general, imports continue to indicate a slight descent. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, imports reached the peak figure at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, powdered, condensed or evaporated milk imports surged to $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

New Zealand (X tons), Turkey (X tons) and France (X tons) were the main suppliers of powdered, condensed or evaporated milk imports to Egypt, with a combined X% share of total imports. Germany, Canada, the UK, Sweden, the United States and Denmark lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest powdered, condensed or evaporated milk suppliers to Egypt were New Zealand ($X), Turkey ($X) and France ($X), together accounting for X% of total imports. Germany, Canada, the UK, Sweden, the United States and Denmark lagged somewhat behind, together comprising a further X%.

Among the main suppliers, the UK, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for powdered, condensed or evaporated milk amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, import price indicated a pronounced expansion 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 2016 indices. Over the period under review, average import prices attained the peak figure 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 supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from New Zealand ($X per ton) and Sweden ($X per ton), while the price for Canada ($X per ton) and the United States ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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