Netherlands: Market for Condensed Or Evaporated Milk (Unsweetened) 2024

Market Size for Condensed Or Evaporated Milk (Unsweetened) in the Netherlands

The Dutch market for condensed or evaporated milk (unsweetened) rose remarkably to $X in 2021, increasing by 8.3% against the previous year. The market value increased at an average annual rate of +1.3% over the period from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Condensed Or Evaporated Milk (Unsweetened) in the Netherlands

In value terms, unsweetened condensed and evaporated milk production shrank modestly to $X in 2021 estimated in export price. In general, production showed a slight decrease. The most prominent rate of growth was recorded in 2017 when the production volume increased by 16%. Unsweetened condensed and evaporated milk production peaked at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Exports of Condensed Or Evaporated Milk (Unsweetened)

Exports from the Netherlands

In 2021, shipments abroad of condensed or evaporated milk (unsweetened) increased by 1.7% to X tons, rising for the third consecutive year after four years of decline. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 8.7% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, unsweetened condensed and evaporated milk exports totaled $X in 2021. Overall, exports, however, recorded a slight downturn. The most prominent rate of growth was recorded in 2017 with an increase of 14% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X tons), Germany (X tons) and Libya (X tons) were the main destinations of unsweetened condensed and evaporated milk exports from the Netherlands, with a combined 41% share of total exports. These countries were followed by Greece, Oman, Qatar, Belgium, Hong Kong SAR, Saudi Arabia, the UK, China and Nigeria, which together accounted for a further 46%.

From 2012 to 2021, the biggest increases were recorded for Oman (with a CAGR of +28.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for unsweetened condensed and evaporated milk exported from the Netherlands were the United Arab Emirates ($X), Germany ($X) and Libya ($X), together comprising 45% of total exports. These countries were followed by Oman, Qatar, Greece, Saudi Arabia, Hong Kong SAR, Belgium, the UK, China and Nigeria, which together accounted for a further 40%.

In terms of the main countries of destination, Oman, with a CAGR of +28.9%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for condensed or evaporated milk (unsweetened) stood at $X per ton in 2021, growing by 9.7% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 16%. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Condensed Or Evaporated Milk (Unsweetened)

Imports into the Netherlands

In 2021, purchases abroad of condensed or evaporated milk (unsweetened) increased by 9.6% to X tons, rising for the fourth year in a row after four years of decline. In general, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 38%. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, unsweetened condensed and evaporated milk imports skyrocketed to $X in 2021. Over the period under review, total imports indicated a modest increase from 2012 to 2021: its value increased at an average annual rate of +1.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +77.3% against 2018 indices. The pace of growth was the most pronounced in 2020 with an increase of 27% against the previous year. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of unsweetened condensed and evaporated milk to the Netherlands, accounting for a 51% share of total imports. Moreover, unsweetened condensed and evaporated milk imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X tons), threefold. The UK (X tons) ranked third in terms of total imports with a 14% share.

From 2012 to 2021, the average annual growth rate of volume from Germany totaled -3.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+2.1% per year) and the UK (+27.2% per year).

In value terms, Germany ($X) constituted the largest supplier of condensed or evaporated milk (unsweetened) to the Netherlands, comprising 53% of total imports. The second position in the ranking was taken by Belgium ($X), with an 18% share of total imports. It was followed by France, with a 12% share.

From 2012 to 2021, the average annual growth rate of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+0.7% per year) and France (+3.7% per year).

Import Prices by Country

In 2021, the average import price for condensed or evaporated milk (unsweetened) amounted to $X per ton, surging by 11% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 51% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Germany ($X per ton) and Belgium ($X per ton), while the price for Italy ($X per ton) and the UK ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+2.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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