Nicaragua: Market for Evaporated And Condensed Milk 2019

Market Size for Evaporated And Condensed Milk in Nicaragua

The revenue of the evaporated and condensed milk market in Nicaragua amounted to $X in 2018, flattening at 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). Overall, evaporated and condensed milk consumption continues to indicate a relatively flat trend pattern.

Exports of Evaporated And Condensed Milk

Exports by Country

Saudi Arabia represented the largest exporting country with an export of around X tons, which resulted at X% of total exports. It was distantly followed by Malaysia (X tons) and the United Arab Emirates (X tons), together comprising a X% share of total exports. Thailand (X tons), Kuwait (X tons), Yemen (X tons) and Vietnam (X tons) followed a long way behind the leaders.

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, the largest evaporated and condensed milk markets from Nicaragua were Saudi Arabia ($X), Malaysia ($X) and the United Arab Emirates ($X), together comprising X% of total exports.

The United Arab Emirates recorded the highest rates of growth with regard to exports, in terms of the main exporting countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The evaporated and condensed milk export price in Nicaragua stood at $X per ton in 2018, flattening at the previous year. In general, the evaporated and condensed milk export price continues to indicate a relatively flat trend pattern.

Prices varied noticeably by the country of origin; 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 by Country

The United Arab Emirates was the main importer of evaporated and condensed milk in the world, with the volume of imports accounting for X tons, which was near X% of total imports in 2018. Saudi Arabia (X tons) occupied the second position in the ranking, followed by Oman (X tons), China, Hong Kong SAR (X tons), Bahrain (X tons) and China (X tons). All these countries together occupied approx. X% share of total imports. The following importers - Qatar (X tons), Vietnam (X tons), Kazakhstan (X tons), Kuwait (X tons) and the Philippines (X tons) - together made up X% of total imports.

Imports into the United Arab Emirates increased at an average annual rate of +X% from 2007 to 2018. 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. While the share of 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.) increased significantly in terms of the global imports from 2007-2018, the share of Kazakhstan (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Saudi Arabia ($X), the United Arab Emirates ($X) and Oman ($X) appeared to be the countries with the highest levels of imports in 2018, with a combined X% share of total imports. China, China, Hong Kong SAR, Bahrain, Qatar, Kuwait, Kazakhstan, Vietnam and the Philippines lagged somewhat behind, together comprising a further X the main importing countries, China experienced the highest rates of growth with regard to imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the evaporated and condensed milk import price in Nicaragua amounted to $X per ton, approximately mirroring the previous year. Over the period under review, the evaporated and condensed milk import price continues to indicate a relatively flat trend pattern.

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