France: Market for Condensed Or Evaporated Milk (Unsweetened) 2024

Market Size for Condensed Or Evaporated Milk (Unsweetened) in France

The French market for condensed or evaporated milk (unsweetened) expanded rapidly to $X in 2021, picking up by 7.4% against the previous year. Over the period under review, consumption saw a strong increase. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Condensed Or Evaporated Milk (Unsweetened) in France

In value terms, unsweetened condensed and evaporated milk production rose rapidly to $X in 2021 estimated in export price. Overall, production recorded a noticeable reduction. The most prominent rate of growth was recorded in 2014 when the production volume increased by 67% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.

Exports of Condensed Or Evaporated Milk (Unsweetened)

Exports from France

In 2021, overseas shipments of condensed or evaporated milk (unsweetened) decreased by -0.8% to X tons for the first time since 2018, thus ending a two-year rising trend. Over the period under review, exports saw a noticeable slump. The most prominent rate of growth was recorded in 2019 when exports increased by 50% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, unsweetened condensed and evaporated milk exports skyrocketed to $X in 2021. Overall, exports continue to indicate a mild shrinkage. The pace of growth appeared the most rapid in 2020 when exports increased by 47% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons), the Netherlands (X tons) and Greece (X tons) were the main destinations of unsweetened condensed and evaporated milk exports from France, with a combined 70% share of total exports. These countries were followed by Belgium, Italy, Romania, Poland, Spain and the UK, which together accounted for a further 25%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Romania (with a CAGR of +30.9%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and Belgium ($X) appeared to be the largest markets for unsweetened condensed and evaporated milk exported from France worldwide, with a combined 74% share of total exports. Greece, Romania, Italy, Poland, Spain and the UK lagged somewhat behind, together comprising a further 21%.

Romania, with a CAGR of +31.9%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average export price for condensed or evaporated milk (unsweetened) amounted to $X per ton, increasing by 36% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to the UK ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Condensed Or Evaporated Milk (Unsweetened)

Imports into France

In 2021, after five years of decline, there was significant growth in purchases abroad of condensed or evaporated milk (unsweetened), when their volume increased by 55% to X tons. Overall, imports, however, saw a pronounced decline. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, unsweetened condensed and evaporated milk imports skyrocketed to $X in 2021. Over the period under review, imports recorded a modest increase. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Luxembourg (X tons), the UK (X tons) and Germany (X tons) were the main suppliers of unsweetened condensed and evaporated milk imports to France, with a combined 75% share of total imports. The Netherlands, Spain and Belgium lagged somewhat behind, together accounting for a further 25%.

From 2012 to 2021, the biggest increases were recorded for Spain (with a CAGR of +48.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Luxembourg ($X) constituted the largest supplier of condensed or evaporated milk (unsweetened) to France, comprising 36% of total imports. The second position in the ranking was held by the UK ($X), with a 17% share of total imports. It was followed by Germany, with a 14% share.

From 2012 to 2021, the average annual growth rate of value from Luxembourg amounted to +5.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+29.6% per year) and Germany (-1.0% per year).

Import Prices by Country

The average import price for condensed or evaporated milk (unsweetened) stood at $X per ton in 2021, remaining stable against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.0%. The most prominent rate of growth was recorded in 2013 an increase of 54% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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