Report Update Nov 1, 2024

Iraq - Condensed or Evaporated Milk (Unsweetened) - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

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

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

For the sixth consecutive year, the Iraqi market for condensed or evaporated milk (unsweetened) recorded growth in sales value, which increased by 12% to $X in 2021. Overall, consumption saw a significant expansion. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Exports of Condensed Or Evaporated Milk (Unsweetened)

Exports from Iraq

In 2020, exports of condensed or evaporated milk (unsweetened) from Iraq stood at X tons, approximately mirroring the previous year's figure. Overall, exports recorded a relatively flat trend pattern. Over the period under review, the exports attained the maximum in 2020 and are likely to continue growth in the near future.

In value terms, unsweetened condensed and evaporated milk exports amounted to $X in 2020. In general, exports recorded a relatively flat trend pattern. The exports peaked in 2020 and are expected to retain growth in years to come.

Exports by Country

Turkey (X tons) was the main destination for unsweetened condensed and evaporated milk exports from Iraq, with a approx. 100% share of total exports.

From 2020 to 2020, the average annual rate of growth in terms of volume to Turkey was relatively modest.

From 2020 to 2020, the average annual rate of growth in terms of value to Turkey was relatively modest.

Imports of Condensed Or Evaporated Milk (Unsweetened)

Imports into Iraq

In 2021, imports of condensed or evaporated milk (unsweetened) into Iraq skyrocketed to X tons, rising by 42% on 2020. Overall, imports saw a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 446%. Over the period under review, imports reached the peak figure in 2021 and are likely to continue growth in years to come.

In value terms, unsweetened condensed and evaporated milk imports dropped slightly to $X in 2021. Over the period under review, imports saw a significant expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 359%. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Kuwait (X tons) constituted the largest supplier of unsweetened condensed and evaporated milk to Iraq, with a 67% share of total imports. Moreover, unsweetened condensed and evaporated milk imports from Kuwait exceeded the figures recorded by the second-largest supplier, Saudi Arabia (X tons), twofold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Kuwait stood at +39.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (+45.8% per year) and the United Arab Emirates (+64.5% per year).

In value terms, the largest unsweetened condensed and evaporated milk suppliers to Iraq were Kuwait ($X), Saudi Arabia ($X) and the United Arab Emirates ($X), with a combined 95% share of total imports.

In terms of the main suppliers, the United Arab Emirates, with a CAGR of +57.4%, recorded 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 2021, the average import price for condensed or evaporated milk (unsweetened) amounted to $X per ton, dropping by -32.8% against the previous year. Over the period under review, the import price showed a noticeable reduction. The pace of growth appeared the most rapid in 2015 an increase of 28%. As a result, import price attained the peak level of $X per ton. From 2016 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+5.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for condensed or evaporated milk (unsweetened) in the world?

The countries with the highest volumes of unsweetened condensed and evaporated milk consumption in 2021 were Peru, the Netherlands and Germany, together accounting for 31% of global consumption. The United States, Russia, Belarus, Mexico, Singapore, Greece, China, Oman, the Czech Republic and Canada lagged somewhat behind, together comprising a further 38%.

What are the largest producers of condensed or evaporated milk (unsweetened) in the world?

The countries with the highest volumes of unsweetened condensed and evaporated milk production in 2021 were Peru, Germany and the Netherlands, together accounting for 42% of global production. These countries were followed by the United States, Russia, Belarus, Mexico, Singapore, France, China, the Czech Republic, Canada and South Africa, which together accounted for a further 38%.

What are the leading suppliers of condensed or evaporated milk (unsweetened) to Iraq?

In value terms, Kuwait, Saudi Arabia and the United Arab Emirates constituted the largest unsweetened condensed and evaporated milk suppliers to Iraq, together comprising 90% of total imports.

What is the average export price for condensed or evaporated milk (unsweetened) in Iraq?

The average export price for condensed or evaporated milk unsweetened) stood at $2,180 per ton in 2020, remaining stable against the previous year.

What is the average import price for condensed or evaporated milk (unsweetened) in Iraq?

In 2021, the average import price for condensed or evaporated milk unsweetened) amounted to $1,935 per ton, therefore, remained relatively stable against the previous year.

This report provides an in-depth analysis of the market for unsweetened condensed and evaporated milk in Iraq. 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 894 - Whole Milk, Evaporated
FCL 895 - Skim Milk, Evaporated

Country coverage:

Iraq

Data coverage:

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

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

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
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

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. TOP EXPORTING COUNTRIES
4. 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 VOLUME AND VALUE
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. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023