Eritrea: Milk Market 2020

Milk Market Size in Eritrea

The revenue of the milk market in Eritrea amounted to $X in 2018, therefore, remained relatively stable against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded over the period under review. The pace of growth appeared the most rapid in 2017 when the market value increased by X% year-to-year. Over the period under review, the milk market reached its maximum level at $X in 2014; however, from 2015 to 2018, consumption failed to regain its momentum.

Milk Production in Eritrea

In value terms, milk production stood at $X in 2018 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when production volume increased by X% against the previous year. Eritrea milk production peaked at $X in 2014; however, from 2015 to 2018, production stood at a somewhat lower figure.

In 2018, the average milk yield in Eritrea totaled X kg per head, leveling off at the previous year. In general, the milk yield continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when yield increased by X% against the previous year. Over the period under review, the milk yield reached its peak figure level in 2018 and is expected to retain its growth in the immediate term.

The number of animals for milk production in Eritrea amounted to X heads in 2018, stabilizing at the previous year. In general, the number of animals for milk production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Over the period under review, this number attained its peak figure level in 2018 and is likely to continue its growth in the near future.

Milk Exports

Exports from Eritrea

In 2018, approx. X kg of milk were exported from Eritrea; stabilizing at the previous year. Overall, milk exports continue to indicate a relatively flat trend pattern.

In value terms, milk exports stood at $X in 2018. In general, milk exports continue to indicate a relatively flat trend pattern.

Exports by Country

In 2018, Germany (X tons), followed by the Netherlands (X tons), the Czech Republic (X tons), France (X tons), the UK (X tons), Belgium (X tons), Austria (X tons) and Poland (X tons) represented the major exporters of milk, together achieving X% of total exports. Latvia (X tons), Hungary (X tons), Slovenia (X tons) and Luxembourg (X tons) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Poland, while the other leaders experienced more modest paces of growth.

In value terms, the largest milk markets from Eritrea were Germany ($X), the Netherlands ($X) and Belgium ($X), with a combined X% share of total exports. These countries were followed by France, Poland, the UK, the Czech Republic, Austria, Hungary, Latvia, Luxembourg and Slovenia, which together accounted for a further X experienced the highest growth rate of exports, among the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the milk export price in Eritrea amounted to $X per ton, standing approx. at the previous year. Over the period under review, the milk export price continues to indicate a relatively flat trend pattern.

Prices varied noticeably by the country of origin; the country with the highest price was the Netherlands ($X per ton), while Latvia ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Belgium, while the other leaders experienced more modest paces of growth.

Milk Imports

Imports into Eritrea

In 2018, the imports of milk into Eritrea amounted to X tons, falling by -X% against the previous year. Over the period under review, milk imports continue to indicate a sharp downturn. The pace of growth was the most pronounced in 2015 with an increase of X% year-to-year. Eritrea imports peaked at X tons in 2010; however, from 2011 to 2018, imports stood at a somewhat lower figure.

In value terms, milk imports stood at $X in 2018. Overall, milk imports continue to indicate a precipitous reduction. The growth pace was the most rapid in 2010 when imports increased by X% y-o-y. Eritrea imports peaked at $X in 2011; however, from 2012 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, Germany (X tons), distantly followed by Italy (X tons), Belgium (X tons), the Netherlands (X tons), Ireland (X tons) and China (X tons) were the key importers of milk, together generating X% of total imports. Lithuania (X tons), France (X tons), the UK (X tons), Russia (X tons), Croatia (X tons) and Austria (X tons) took a minor share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by China (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest milk importing markets into Eritrea were Germany ($X), Belgium ($X) and Italy ($X), with a combined X% share of total imports. China, France, the Netherlands, Ireland, the UK, Lithuania, Russia, Austria, Croatia and Eritrea lagged somewhat behind, together comprising a further X the main importing countries, China recorded the highest growth rate of imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The milk import price in Eritrea stood at $X per ton in 2018, growing by X% against the previous year. In general, the milk import price continues to indicate significant growth. The growth pace was the most rapid in 2013 when the import price increased by X% y-o-y. In that year, the import prices for milk reached their peak level of $X per ton. From 2014 to 2018, the growth in terms of the import prices for milk remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was France ($X per ton), while Lithuania ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by France, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform