Kenya: Market for Powdered, Condensed Or Evaporated Milk 2024

Market Size for Powdered, Condensed Or Evaporated Milk in Kenya

The Kenyan market for powdered, condensed or evaporated milk declined to $X in 2022, approximately reflecting the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Powdered, condensed or evaporated milk consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Powdered, Condensed Or Evaporated Milk in Kenya

In value terms, powdered, condensed or evaporated milk production rose modestly to $X in 2022 estimated in export price. Over the period under review, production recorded a abrupt descent. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Powdered, condensed or evaporated milk production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Powdered, Condensed Or Evaporated Milk

Exports from Kenya

Powdered, condensed or evaporated milk exports from Kenya surged to X tons in 2022, increasing by X% on the year before. Over the period under review, exports, however, showed a deep reduction. The most prominent rate of growth was recorded in 2020 when exports increased by X%. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, powdered, condensed or evaporated milk exports skyrocketed to $X in 2022. In general, exports, however, continue to indicate a precipitous curtailment. The most prominent rate of growth was recorded in 2018 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Uganda (X tons), Oman (X tons) and Democratic Republic of the Congo (X tons) were the main destinations of powdered, condensed or evaporated milk exports from Kenya, together accounting for X% 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 Oman (with a CAGR of X%), while the other leaders experienced a decline.

In value terms, the largest markets for powdered, condensed or evaporated milk exported from Kenya were Uganda ($X), Oman ($X) and Malawi ($X), together comprising X% of total exports.

Oman, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average export price for powdered, condensed or evaporated milk amounted to $X per ton, which is down by X% against the previous year. Overall, the export price recorded a deep slump. The pace of growth was the most pronounced in 2015 an increase of 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 stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malawi ($X per ton), while the average price for exports to Zambia ($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, Condensed Or Evaporated Milk

Imports into Kenya

In 2022, after two years of decline, there was growth in purchases abroad of powdered, condensed or evaporated milk, when their volume increased by X% to X tons. Over the period under review, total imports indicated a noticeable increase 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. Based on 2022 figures, imports decreased by X% against 2019 indices. The pace of growth appeared the most rapid in 2015 with an increase of X%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, powdered, condensed or evaporated milk imports dropped slightly to $X in 2022. In general, total imports indicated a temperate increase 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, imports decreased by X% against 2019 indices. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Uganda (X tons) constituted the largest powdered, condensed or evaporated milk supplier to Kenya, with a X% share of total imports. Moreover, powdered, condensed or evaporated milk imports from Uganda exceeded the figures recorded by the second-largest supplier, Oman (X tons), twofold. Malaysia (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 stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Oman (X% per year) and Malaysia (X% per year).

In value terms, Uganda ($X), Oman ($X) and Malaysia ($X) constituted the largest powdered, condensed or evaporated milk suppliers to Kenya, together comprising X% of total imports. The United Arab Emirates, the Netherlands, Ireland, New Zealand and Saudi Arabia lagged somewhat behind, together comprising a further X%.

The Netherlands, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for powdered, condensed or evaporated milk amounted to $X per ton, declining by X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2021, and then reduced in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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