Kenya: Market for Powdered, Evaporated And Condensed Milk 2024

Market Size for Powdered, Evaporated And Condensed Milk in Kenya

The Kenyan market for powdered, evaporated and condensed milk expanded markedly to $X in 2022, picking up by X% against the previous year. Overall, the total consumption indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2016 indices. Powdered, evaporated and condensed milk consumption peaked in 2022 and is likely to continue growth in years to come.

Production of Powdered, Evaporated And Condensed Milk in Kenya

In value terms, powdered, evaporated and condensed milk production expanded modestly to $X in 2022 estimated in export price. In general, production saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2016 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Exports of Powdered, Evaporated And Condensed Milk

Exports from Kenya

In 2022, overseas shipments of powdered, evaporated and condensed milk increased by X% to X tons for the first time since 2014, thus ending a seven-year declining trend. Over the period under review, exports enjoyed a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, powdered, evaporated and condensed milk exports skyrocketed to $X in 2022. In general, exports, however, continue to indicate a noticeable slump. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

South Sudan (X tons) was the main destination for powdered, evaporated and condensed milk exports from Kenya, accounting for a X% share of total exports. Moreover, powdered, evaporated and condensed milk exports to South Sudan exceeded the volume sent to the second major destination, Tanzania (X tons), sevenfold. The third position in this ranking was taken by Malawi (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to South Sudan totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tanzania (X% per year) and Malawi (X% per year).

In value terms, South Sudan ($X) emerged as the key foreign market for powdered, evaporated and condensed milk exports from Kenya, comprising X% of total exports. The second position in the ranking was held by Tanzania ($X), with a X% share of total exports. It was followed by Congo, with a X% share.

From 2012 to 2022, the average annual growth rate of value to South Sudan amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tanzania (X% per year) and Congo (X% per year).

Export Prices by Country

The average export price for powdered, evaporated and condensed milk stood at $X per ton in 2022, dropping by X% against the previous year. Over the period under review, the export price continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2018 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Congo ($X per ton), while the average price for exports to Tanzania ($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 Uganda (X%), while the prices for the other major destinations experienced a decline.

Imports of Powdered, Evaporated And Condensed Milk

Imports into Kenya

After three years of growth, overseas purchases of powdered, evaporated and condensed milk decreased by X% to X tons in 2022. Overall, total imports indicated a moderate expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 with an increase of X%. Imports peaked at X tons in 2021, and then contracted sharply in the following year.

In value terms, powdered, evaporated and condensed milk imports amounted to $X in 2022. In general, imports, however, saw a buoyant expansion. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

In 2022, Uganda (X tons) constituted the largest supplier of powdered, evaporated and condensed milk to Kenya, with a X% share of total imports. Moreover, powdered, evaporated and condensed milk imports from Uganda exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), twofold. Belgium (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Uganda totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Belgium (X% per year).

In value terms, Uganda ($X) constituted the largest supplier of powdered, evaporated and condensed milk to Kenya, comprising X% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total imports. It was followed by Belgium, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Uganda amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Belgium (X% per year).

Import Prices by Country

The average import price for powdered, evaporated and condensed milk stood at $X per ton in 2022, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Uganda ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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