Report Update Nov 1, 2024

Puerto Rico - Condensed or Evaporated Milk (Unsweetened) - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Market for Condensed Or Evaporated Milk (Unsweetened) 2024

Market Size for Condensed Or Evaporated Milk (Unsweetened) in Puerto Rico

The Puerto Rican market for condensed or evaporated milk (unsweetened) amounted to less than $X in 2021, 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). In general, consumption showed a relatively flat trend pattern.

Exports of Condensed Or Evaporated Milk (Unsweetened)

Exports from Puerto Rico

In 2021, exports of condensed or evaporated milk (unsweetened) from Puerto Rico stood at less than X kg, stabilizing at the year before. Overall, exports continue to indicate a relatively flat trend pattern.

In value terms, unsweetened condensed and evaporated milk exports stood at less than $X in 2021. Over the period under review, exports continue to indicate a relatively flat trend pattern.

Exports by Country

The shipments of the three major exporters of condensed or evaporated milk (unsweetened), namely Germany, the Netherlands and Saudi Arabia, represented more than half of total export. France (X tons) took the next position in the ranking, followed by Belgium (X tons), the United Arab Emirates (X tons) and Peru (X tons). All these countries together held near 20% share of total exports. The following exporters - the UK (X tons), Kuwait (X tons), South Africa (X tons), Australia (X tons), Luxembourg (X tons) and Lithuania (X tons) - together made up 14% of total exports.

From 2012 to 2021, the biggest increases were recorded for Australia (with a CAGR of +26.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Germany ($X) and Saudi Arabia ($X) were the countries with the highest levels of exports in 2021, together accounting for 53% of total exports. Belgium, France, the United Arab Emirates, Australia, Luxembourg, the UK, Kuwait, Lithuania, Peru and South Africa lagged somewhat behind, together comprising a further 34%.

Among the main exporting countries, Australia, with a CAGR of +24.6%, recorded the highest rates of growth with regard to 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 export price in Puerto Rico stood at less than $X per ton in 2021, therefore, remained relatively stable against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Australia ($X per ton), while South Africa ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Luxembourg (+2.1%), while the other leaders experienced more modest paces of growth.

Imports of Condensed Or Evaporated Milk (Unsweetened)

Imports into Puerto Rico

In 2021, the amount of condensed or evaporated milk (unsweetened) imported into Puerto Rico stood at less than X kg, approximately mirroring the previous year's figure. In general, imports continue to indicate a relatively flat trend pattern.

In value terms, unsweetened condensed and evaporated milk imports stood at less than $X in 2021. Overall, imports saw a relatively flat trend pattern.

Imports by Country

The countries with the highest levels of unsweetened condensed and evaporated milk imports in 2021 were the Netherlands (X tons), the United Arab Emirates (X tons), Greece (X tons), Germany (X tons), Saudi Arabia (X tons), Oman (X tons) and Belgium (X tons), together resulting at 58% of total import. The following importers - Kuwait (X tons), Libya (X tons), Hong Kong SAR (X tons), Mexico (X tons), Poland (X tons) and France (X tons) - each recorded a 17% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Kuwait (with a CAGR of +20.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest unsweetened condensed and evaporated milk importing markets into Puerto Rico were Saudi Arabia ($X), the United Arab Emirates ($X) and Greece ($X), with a combined 28% share of total imports. These countries were followed by the Netherlands, Germany, Oman, Belgium, Libya, Kuwait, France, Hong Kong SAR, Poland and Mexico, which together accounted for a further 42%.

Oman, with a CAGR of +20.1%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Puerto Rico amounted to less than $X per ton, approximately mirroring the previous year. In general, the import price continues to indicate a relatively flat trend pattern.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Saudi Arabia ($X per ton), while Mexico ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+4.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for condensed or evaporated milk (unsweetened) in the world?

The countries with the highest volumes of unsweetened condensed and evaporated milk consumption in 2021 were Peru, the Netherlands and Germany, with a combined 31% share of global consumption. The United States, Russia, Belarus, Mexico, Singapore, Greece, China, Oman, the Czech Republic and Canada lagged somewhat behind, together comprising a further 38%.

What are the largest producers of condensed or evaporated milk (unsweetened) in the world?

The countries with the highest volumes of unsweetened condensed and evaporated milk production in 2021 were Peru, Germany and the Netherlands, with a combined 42% share of global production. The United States, Russia, Belarus, Mexico, Singapore, France, China, the Czech Republic, Canada and South Africa lagged somewhat behind, together accounting for a further 38%.

What are the leading suppliers of condensed or evaporated milk (unsweetened) to Puerto Rico?

In value terms, Saudi Arabia, Greece and the Netherlands were the countries with the highest levels of imports in 2021, with a combined 30% share of total imports. Germany, Belgium, Oman, the United Arab Emirates, France, Hong Kong SAR, Libya, Haiti, Italy and Poland lagged somewhat behind, together comprising a further 39%.

What are the leading importers of condensed or evaporated milk (unsweetened) from Puerto Rico?

In value terms, the largest unsweetened condensed and evaporated milk supplying countries from Puerto Rico were the Netherlands, Germany and Belgium, with a combined 54% share of total exports. These countries were followed by France, Saudi Arabia, Peru, Australia, Luxembourg, the United Arab Emirates, the United States, Lithuania and the UK, which together accounted for a further 33%.

What is the average export price for condensed or evaporated milk (unsweetened) in Puerto Rico?

The export price for condensed or evaporated milk unsweetened) in Puerto Rico stood at $less than 0.1 per ton in 2021, leveling off at the previous year.

What is the average import price for condensed or evaporated milk (unsweetened) in Puerto Rico?

The import price for condensed or evaporated milk unsweetened) in Puerto Rico stood at $less than 0.1 per ton in 2021, approximately reflecting the previous year.

This report provides an in-depth analysis of the market for unsweetened condensed and evaporated milk in Puerto Rico. 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:

Puerto Rico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Puerto Rico
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
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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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023