Kyrgyzstan: Market for Evaporated And Condensed Milk 2019

Market Size for Evaporated And Condensed Milk in Kyrgyzstan

The revenue of the evaporated and condensed milk market in Kyrgyzstan amounted to $X in 2018, jumping by X% against the previous year. Over the period under review, evaporated and condensed milk consumption continues to indicate buoyant growth. The pace of growth was the most pronounced in 2013 with an increase of X% year-to-year. Kyrgyzstan evaporated and condensed milk consumption peaked in 2018 and is likely to see steady growth in the near future.

Production of Evaporated And Condensed Milk in Kyrgyzstan

In value terms, evaporated and condensed milk production stood at $X in 2018 estimated in export prices. In general, evaporated and condensed milk production continues to indicate prominent growth. The pace of growth appeared the most rapid in 2013 when production volume increased by X% y-o-y. Over the period under review, evaporated and condensed milk production attained its peak figure level in 2018 and is likely to continue its growth in the near future.

Exports of Evaporated And Condensed Milk

Exports from Kyrgyzstan

In 2018, the amount of evaporated and condensed milk exported from Kyrgyzstan totaled X tons, picking up by X% against the previous year. Over the period under review, evaporated and condensed milk exports, however, continue to indicate a slight descent. The pace of growth was the most pronounced in 2017 when exports increased by X% year-to-year. Kyrgyzstan exports peaked at X tons in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

In value terms, evaporated and condensed milk exports totaled $X in 2018. In general, evaporated and condensed milk exports, however, continue to indicate a measured deduction. The pace of growth was the most pronounced in 2017 with an increase of X% year-to-year. Kyrgyzstan exports peaked at $X in 2007; however, from 2008 to 2018, exports remained at a lower figure.

Exports by Country

In 2018, Saudi Arabia (X tons) represented the main exporter of evaporated and condensed milk, constituting X% of total exports. Malaysia (X tons) occupied a X% share (based on tons) of total exports, which put it in second place, followed by the United Arab Emirates (X%). Thailand (X tons), Kuwait (X tons), Yemen (X tons) and Vietnam (X tons) occupied a relatively small share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by the United Arab Emirates, while the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), Malaysia ($X) and the United Arab Emirates ($X) were the countries with the highest levels of exports in 2018, together comprising X% of total exports.

The United Arab Emirates recorded the highest growth rate of exports, in terms of the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the evaporated and condensed milk export price in Kyrgyzstan amounted to $X per ton, jumping by X% against the previous year. Over the period under review, the evaporated and condensed milk export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the export price increased by X% y-o-y. Over the period under review, the export prices for evaporated and condensed milk reached their maximum at $X per ton in 2008; however, from 2009 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Yemen ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Kuwait, while the other leaders experienced more modest paces of growth.

Imports of Evaporated And Condensed Milk

Imports into Kyrgyzstan

In 2018, the amount of evaporated and condensed milk imported into Kyrgyzstan totaled X tons, coming down by -X% against the previous year. In general, evaporated and condensed milk imports continue to indicate a perceptible curtailment. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. Kyrgyzstan imports peaked at X tons in 2009; however, from 2010 to 2018, imports remained at a lower figure.

In value terms, evaporated and condensed milk imports stood at $X in 2018. In general, evaporated and condensed milk imports continue to indicate a pronounced decline. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. Kyrgyzstan imports peaked at $X in 2012; however, from 2013 to 2018, imports stood at a somewhat lower figure.

Imports by Country

The United Arab Emirates represented the major importer of evaporated and condensed milk in the world, with the volume of imports recording X tons, which was approx. X% of total imports in 2018. Saudi Arabia (X tons) occupied a X% share (based on tons) of total imports, which put it in second place, followed by Oman (X%), China, Hong Kong SAR (X%), Bahrain (X%) and China (X%). Qatar (X tons), Vietnam (X tons), Kazakhstan (X tons), Kuwait (X tons) and the Philippines (X tons) followed a long way behind the leaders.

From 2007 to 2018, average annual rates of growth with regard to evaporated and condensed milk imports into the United Arab Emirates stood at +X%. At the same time, China (+X%), Bahrain (+X%), Oman (+X%), Vietnam (+X%), Kuwait (+X%), Saudi Arabia (+X%) and China, Hong Kong SAR (+X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. Qatar experienced a relatively flat trend pattern. By contrast, the Philippines (-X%) and Kazakhstan (-X%) illustrated a downward trend over the same period. The United Arab Emirates (+X p.p.), Oman (+X p.p.), Bahrain (+X p.p.), China (+X p.p.), Saudi Arabia (+X p.p.) and Vietnam (+X p.p.) significantly strengthened its position in terms of the global imports, while Kazakhstan saw its share reduced by -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest evaporated and condensed milk importing markets into Kyrgyzstan were Saudi Arabia ($X), the United Arab Emirates ($X) and Oman ($X), together accounting for X% of total imports. China, China, Hong Kong SAR, Bahrain, Qatar, Kuwait, Kazakhstan, Vietnam, the Philippines and Kyrgyzstan lagged somewhat behind, together comprising a further X experienced the highest growth rate of imports, among the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the evaporated and condensed milk import price in Kyrgyzstan amounted to $X per ton, approximately reflecting the previous year. Over the period under review, the evaporated and condensed milk import price continues to indicate slight growth. The pace of growth appeared the most rapid in 2010 an increase of X% year-to-year. Over the period under review, the import prices for evaporated and condensed milk reached their peak figure at $X per ton in 2011; however, from 2012 to 2018, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was China ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform