Libya: Market for Powdered, Evaporated And Condensed Milk 2025

Market Size for Powdered, Evaporated And Condensed Milk in Libya

After four years of growth, the Libyan market for powdered, evaporated and condensed milk decreased by X% to $X in 2022. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2021, and then declined in the following year.

Exports of Powdered, Evaporated And Condensed Milk

Exports from Libya

In 2021, shipments abroad of powdered, evaporated and condensed milk decreased by X% to X kg, falling for the second year in a row after three years of growth. In general, exports continue to indicate a dramatic decline. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, powdered, evaporated and condensed milk exports amounted to $X in 2021. Overall, exports showed a dramatic decline. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Saudi Arabia (X kg) was the main destination for powdered, evaporated and condensed milk exports from Libya, accounting for a approx. X% share of total exports.

From 2013 to 2021, the average annual growth rate of volume to Saudi Arabia was relatively modest.

From 2013 to 2021, the average annual growth rate of value to Saudi Arabia was relatively modest.

Export Prices by Country

The average export price for powdered, evaporated and condensed milk stood at $X per ton in 2021, almost unchanged from the previous year. In general, the export price enjoyed significant growth. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. The export price peaked in 2021 and is likely to see steady growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.

From 2013 to 2021, the rate of growth in terms of prices for Ghana amounted to X% per year.

Imports of Powdered, Evaporated And Condensed Milk

Imports into Libya

In 2022, supplies from abroad of powdered, evaporated and condensed milk decreased by X% to X tons for the first time since 2017, thus ending a four-year rising trend. Over the period under review, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2021, and then declined slightly in the following year.

In value terms, powdered, evaporated and condensed milk imports fell to $X in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2021, and then fell in the following year.

Imports by Country

Germany (X tons), the Netherlands (X tons) and New Zealand (X tons) were the main suppliers of powdered, evaporated and condensed milk imports to Libya, with a combined X% share of total imports. The United Arab Emirates, Saudi Arabia, Australia and Oman lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Australia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, New Zealand ($X), Germany ($X) and the Netherlands ($X) constituted the largest powdered, evaporated and condensed milk suppliers to Libya, together comprising X% of total imports. Australia, the United Arab Emirates, Saudi Arabia and Oman lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Australia, with a CAGR of X%, saw the highest growth rate of 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

The average import price for powdered, evaporated and condensed milk stood at $X per ton in 2022, dropping by X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, 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 New Zealand ($X per ton), while the price for Saudi Arabia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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