Northern America: Fermented Milk Products Market 2020

Fermented Milk Products Market Size in Northern America

The revenue of the fermented milk products market in Northern America amounted to $X in 2017, increasing by X% against the previous year. The fermented milk products consumption continues to indicate a perceptible downturn. The pace of growth appeared the most rapid in 2008, when market value increased by X% year-to-year. In that year, the fermented milk products market reached their peak level of $X. From 2009 to 2017, growth of the fermented milk products market failed to regain its momentum.

Fermented Milk Products Production in Northern America

In 2017, fermented milk products production in Northern America amounted to X tons, declining by -X% against the previous year. The fermented milk products production continues to indicate a drastic shrinkage. The pace of growth appeared the most rapid in 2008, with an increase of X% against the previous year. In that year, the fermented milk products production attained their peak volume of X tons. From 2009 to 2017, growth of the fermented milk products production failed to regain its momentum.

Fermented Milk Products Exports in Northern America

In 2017, approx. X tons of curdled milk, cream, yogurt or acidified milk and other fermented products were exported in Northern America; growing by X% against the previous year. The total exports indicated a prominent growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the fermented milk products exports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2013, with an increase of X% against the previous year. Over the period under review, the fermented milk products exports reached its peak figure volume in 2017, and are expected to retain its growth in the near future.

In value terms, fermented milk products exports stood at $X in 2017. The fermented milk products exports continue to indicate a strong growth. Over the period under review, the fermented milk products exports reached its maximum level in 2017, and are expected to retain its growth in the near future.

Fermented Milk Products Exports by Country in Northern America

The U.S. was the major exporter of curdled milk, cream, yogurt or acidified milk and other fermented products in Northern America, with the volume of exports resulting at X tons, which was near X% of total exports in 2017. It was distantly followed by Canada (X tons), comprising X% share of total exports.

From 2007 to 2017, average annual rates of growth with regard to fermented milk products exports from the U.S. stood at +X%. At the same time, Canada (+X%) displayed positive paces of growth. Moreover, Canada emerged as the fastest growing exporter in Northern America, with a CAGR of +X% from 2007-2017. While the share of Canada (-X%) and the U.S. (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) remains the largest fermented milk products supplier in Northern America, making up X% of global exports. The second position in the ranking was occupied by Canada ($X), with a X% share of global exports.

From 2007 to 2017, the average annual growth rate of value in the U.S. totaled +X%.

Fermented Milk Products Export Prices by Country in Northern America

In 2017, the fermented milk products export price in Northern America amounted to $X per ton, surging by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2017, when the export prices increased by X% year-to-year. Over the period under review, the export prices for curdled milk, cream, yogurt or acidified milk and other fermented products attained its maximum level of $X per ton in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Average export prices varied somewhat amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in Canada ($X per ton) and the U.S. ($X per ton), while the U.S. ($X per ton) and Canada ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Canada (+X% per year).

Fermented Milk Products Imports in Northern America

In 2017, approx. X tons of curdled milk, cream, yogurt or acidified milk and other fermented products were imported in Northern America; going up by X% against the previous year. The fermented milk products imports continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2012, with an increase of X% y-o-y. Over the period under review, the fermented milk products imports attained its maximum volume in 2017, and are expected to retain its growth in the near future.

In value terms, fermented milk products imports totaled $X in 2017. The fermented milk products imports continue to indicate a mild expansion. The level of imports peaked in 2017, and are likely to see steady growth in the near future.

Fermented Milk Products Imports by Country in Northern America

The U.S. prevails in fermented milk products imports structure, accounting for X tons, which was approx. X% of total imports in 2017. It was distantly followed by Canada (X tons), comprising X% share of total imports.

The U.S. was also the fastest growing in terms of the curdled milk, cream, yogurt or acidified milk and other fermented products imports, with a CAGR of +X% from 2007 to 2017. At the same time, Canada (+X%) displayed positive paces of growth. The U.S. (-X%) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported curdled milk, cream, yogurt or acidified milk and other fermented products in Northern America, making up X% of global imports. The second position in the ranking was occupied by Canada ($X), with a X% share of global imports.

From 2007 to 2017, the average annual rate of growth in terms of value in the U.S. stood at +X%.

Fermented Milk Products Import Prices by Country in Northern America

In 2017, the fermented milk products import price in Northern America amounted to $X per ton, flattening at the previous year. The fermented milk products import price continues to indicate a drastic shrinkage. The most prominent rate of growth was recorded in 2016, when the import prices increased by X% y-o-y. The level of import price peaked of $X per ton in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Canada ($X per ton), while the U.S. ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Canada (-X% per year).

Source: IndexBox Platform