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

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

In 2021, after three years of growth, there was decline in the German market for condensed or evaporated milk (unsweetened), when its value decreased by -3.6% to $X. Overall, consumption showed a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2020, and then reduced slightly in the following year.

Production of Condensed Or Evaporated Milk (Unsweetened) in Germany

In value terms, unsweetened condensed and evaporated milk production shrank to $X in 2021 estimated in export price. In general, production recorded a noticeable slump. The pace of growth appeared the most rapid in 2020 when the production volume increased by 15%. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Exports of Condensed Or Evaporated Milk (Unsweetened)

Exports from Germany

In 2021, the amount of condensed or evaporated milk (unsweetened) exported from Germany contracted to X tons, dropping by -3.5% against the previous year's figure. In general, exports continue to indicate a slight slump. The pace of growth was the most pronounced in 2014 when exports increased by 30% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, unsweetened condensed and evaporated milk exports rose remarkably to $X in 2021. Overall, exports continue to indicate a noticeable curtailment. The pace of growth appeared the most rapid in 2014 with an increase of 20%. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

The Netherlands (X tons), Greece (X tons) and Poland (X tons) were the main destinations of unsweetened condensed and evaporated milk exports from Germany, together accounting for 63% of total exports. These countries were followed by Saudi Arabia, Libya, Austria, Belgium, Italy, the UK, France and Bulgaria, which together accounted for a further 25%.

From 2012 to 2021, the biggest increases were recorded for Austria (with a CAGR of +11.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Greece ($X) and Saudi Arabia ($X) appeared to be the largest markets for unsweetened condensed and evaporated milk exported from Germany worldwide, with a combined 61% share of total exports. Libya, Poland, Belgium, Austria, the UK, France, Italy and Bulgaria lagged somewhat behind, together comprising a further 26%.

Austria, with a CAGR of +12.8%, recorded the highest rates of growth with regard to the value of exports, among 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 9.5% against the previous year. Over the period under review, the export price, however, recorded a mild decrease. Over the period under review, the average export prices reached the peak figure 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 Saudi Arabia ($X per ton), while the average price for exports to Poland ($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 Austria (+1.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Condensed Or Evaporated Milk (Unsweetened)

Imports into Germany

In 2021, supplies from abroad of condensed or evaporated milk (unsweetened) decreased by less than 0.1% to X tons, falling for the second consecutive year after two years of growth. In general, imports, however, continue to indicate a temperate increase. The pace of growth was the most pronounced in 2019 when imports increased by 94% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2021, the growth of 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, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2019 with an increase of 204% against the previous year. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, the Netherlands (X tons) constituted the largest supplier of unsweetened condensed and evaporated milk to Germany, accounting for a 57% share of total imports. Moreover, unsweetened condensed and evaporated milk imports from the Netherlands exceeded the figures recorded by the second-largest supplier, France (X tons), twofold. The third position in this ranking was held by Italy (X tons), with a 6% share.

From 2012 to 2021, the average annual growth rate of volume from the Netherlands totaled +18.8%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+0.3% per year) and Italy (-0.6% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of condensed or evaporated milk (unsweetened) to Germany, comprising 68% of total imports. The second position in the ranking was held by France ($X), with a 17% share of total imports. It was followed by Italy, with a 4.8% share.

From 2012 to 2021, the average annual growth rate of value from the Netherlands amounted to +22.2%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-0.6% per year) and Italy (-0.2% per year).

Import Prices by Country

In 2021, the average import price for condensed or evaporated milk (unsweetened) amounted to $X per ton, surging by 21% against the previous year. In general, the import price enjoyed a mild expansion. The pace of growth appeared the most rapid in 2019 when the average import price increased by 57%. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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