Report Update Nov 1, 2024

Iran - Evaporated and Condensed Milk - Market Analysis, Forecast, Size, Trends and Insights

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Iran: Market for Evaporated And Condensed Milk 2024

Market Size for Evaporated And Condensed Milk in Iran

In 2022, after three years of growth, there was significant decline in the Iranian evaporated and condensed milk market, when its value decreased by -38.2% to $X. Over the period under review, consumption faced a deep setback. Evaporated and condensed milk consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Evaporated And Condensed Milk in Iran

In value terms, evaporated and condensed milk production surged to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 132% against the previous year. Evaporated and condensed milk production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Exports of Evaporated And Condensed Milk

Exports from Iran

In 2022, approx. X tons of evaporated and condensed milk were exported from Iran; falling by -31.1% against the year before. Overall, exports, however, posted a strong expansion. The most prominent rate of growth was recorded in 2014 with an increase of 450%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, evaporated and condensed milk exports contracted remarkably to $X in 2022. In general, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 283% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Azerbaijan (X tons), Georgia (X tons) and Armenia (X tons) were the main destinations of evaporated and condensed milk exports from Iran, with a combined 98% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Azerbaijan (with a CAGR of +154.8%), while the other leaders experienced more modest paces of growth.

In value terms, Azerbaijan ($X), Georgia ($X) and Armenia ($X) appeared to be the largest markets for evaporated and condensed milk exported from Iran worldwide, with a combined 99% share of total exports.

Among the main countries of destination, Azerbaijan, with a CAGR of +197.2%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average evaporated and condensed milk export price stood at $X per ton in 2022, falling by -8.5% against the previous year. Over the period under review, the export price, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 123%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Armenia ($X per ton), while the average price for exports to Azerbaijan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (+16.7%), while the prices for the other major destinations experienced a decline.

Imports of Evaporated And Condensed Milk

Imports into Iran

After two years of growth, supplies from abroad of evaporated and condensed milk decreased by -15.5% to X tons in 2022. Overall, imports faced a abrupt slump. The pace of growth was the most pronounced in 2014 when imports increased by 116% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, evaporated and condensed milk imports dropped to $X in 2022. In general, imports saw a abrupt decrease. The growth pace was the most rapid in 2016 when imports increased by 119%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Turkey (X tons) was the main evaporated and condensed milk supplier to Iran, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Turkey stood at +97.6%.

In value terms, Turkey ($X) constituted the largest supplier of evaporated and condensed milk to Iran.

From 2012 to 2022, the average annual growth rate of value from Turkey amounted to +91.1%.

Import Prices by Country

In 2022, the average evaporated and condensed milk import price amounted to $X per ton, picking up by 4.2% against the previous year. In general, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +8.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, evaporated and condensed milk import price decreased by -20.3% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 74% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Turkey.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +9.0% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for evaporated and condensed milk in the world?

The country with the largest volume of evaporated and condensed milk consumption was the United States, comprising approx. 19% of total volume. Moreover, evaporated and condensed milk consumption in the United States exceeded the figures recorded by the second-largest consumer, Peru, twofold. Malaysia ranked third in terms of total consumption with a 4.8% share.

What are the largest producers of evaporated and condensed milk in the world?

The countries with the highest volumes of evaporated and condensed milk production in 2020 were the United States, Peru and Germany, together accounting for 38% of global production. Malaysia, the Netherlands, Saudi Arabia, Belarus, Mexico, Singapore, Russia, the UK, France and Belgium lagged somewhat behind, together accounting for a further 40%.

What are the leading suppliers of evaporated and condensed milk to Iran?

In value terms, the United Arab Emirates constituted the largest supplier of evaporated and condensed milk to Iran, comprising 90% of total imports. The second position in the ranking was occupied by Kuwait, with a 5.3% share of total imports.

What are the leading importers of evaporated and condensed milk from Iran?

In value terms, the largest markets for evaporated and condensed milk exported from Iran were Azerbaijan, Georgia and Kazakhstan, with a combined 89% share of total exports.

What is the average export price for evaporated and condensed milk in Iran?

The average evaporated and condensed milk export price stood at $1,143 per ton in 2020, picking up by 126% against the previous year.

What is the average import price for evaporated and condensed milk in Iran?

In 2020, the average evaporated and condensed milk import price amounted to $1,484 per ton, which is down by -18% against the previous year.

This report provides an in-depth analysis of the market for evaporated and condensed milk in Iran. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 889 - Whole Milk, Condensed
FCL 894 - Whole Milk, Evaporated
FCL 895 - Skim Milk, Evaporated
FCL 896 - Skim Milk, Condensed

Country coverage:

Iran

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Iran
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

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This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
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While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Producing Animals Slaughtered, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023