Libya - Condensed or Evaporated Milk (Unsweetened) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLibya: Market for Condensed Or Evaporated Milk (Unsweetened) 2024
Market Size for Condensed Or Evaporated Milk (Unsweetened) in Libya
The Libyan market for condensed or evaporated milk (unsweetened) soared to $X in 2021, with an increase of 27% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, showed a abrupt decrease. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.
Exports of Condensed Or Evaporated Milk (Unsweetened)
Exports from Libya
Unsweetened condensed and evaporated milk exports from Libya totaled X kg in 2017, remaining stable against the previous year's figure. In general, exports saw a relatively flat trend pattern. The exports peaked in 2017 and are likely to see gradual growth in the near future.
In value terms, unsweetened condensed and evaporated milk exports amounted to $X in 2017. Overall, exports recorded a relatively flat trend pattern. Over the period under review, the exports reached the maximum in 2017 and are expected to retain growth in the near future.
Exports by Country
Malaysia (X kg) was the main destination for unsweetened condensed and evaporated milk exports from Libya, accounting for a approx. 100% share of total exports.
From 2017 to 2017, the average annual growth rate of volume to Malaysia was relatively modest.
From 2017 to 2017, the average annual rate of growth in terms of value to Malaysia was relatively modest.
Imports of Condensed Or Evaporated Milk (Unsweetened)
Imports into Libya
In 2021, imports of condensed or evaporated milk (unsweetened) into Libya surged to X tons, with an increase of 22% on the previous year's figure. In general, imports, however, continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2014 with an increase of 70%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.
In value terms, unsweetened condensed and evaporated milk imports skyrocketed to $X in 2021. Over the period under review, imports, however, showed a deep reduction. The pace of growth was the most pronounced in 2018 with an increase of 79% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.
Imports by Country
In 2021, the Netherlands (X tons) constituted the largest supplier of unsweetened condensed and evaporated milk to Libya, accounting for a 26% share of total imports. Moreover, unsweetened condensed and evaporated milk imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. Lithuania (X tons) ranked third in terms of total imports with a 6.6% share.
From 2012 to 2021, the average annual growth rate of volume from the Netherlands amounted to -6.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-23.5% per year) and Lithuania (+12.7% per year).
In value terms, the Netherlands ($X) constituted the largest supplier of condensed or evaporated milk (unsweetened) to Libya, comprising 28% of total imports. The second position in the ranking was held by Germany ($X), with a 9.5% share of total imports. It was followed by Lithuania, with a 7% share.
From 2012 to 2021, the average annual growth rate of value from the Netherlands amounted to -5.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-24.1% per year) and Lithuania (+14.3% per year).
Import Prices by Country
The average import price for condensed or evaporated milk (unsweetened) stood at $X per ton in 2021, picking up by 5.7% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 14% against the previous year. The import price peaked at $X per ton in 2012; afterwards, it flattened through to 2021.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Saudi Arabia ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Oman (+58.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for unsweetened condensed and evaporated milk in Libya. 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:
- Libya
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Libya
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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