Report Update Nov 1, 2024

Puerto Rico - Evaporated and Condensed Milk - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Market for Evaporated And Condensed Milk 2024

Exports of Evaporated And Condensed Milk

Exports by Country

The Netherlands (X tons) and Germany (X tons) were the largest exporters of evaporated and condensed milk in 2021, resulting at approx. 17% and 16% of total exports, respectively. It was distantly followed by Saudi Arabia (X tons), Belgium (X tons), France (X tons) and Malaysia (X tons), together constituting a 30% share of total exports. The following exporters - the United Arab Emirates (X tons), Belarus (X tons), Australia (X tons), Spain (X tons), the UK (X tons), South Africa (X tons) and Luxembourg (X tons) - together made up 18% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by the UK (with a CAGR of +18.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest evaporated and condensed milk supplying countries from Puerto Rico were the Netherlands ($X), Germany ($X) and Belgium ($X), with a combined 48% share of total exports. These countries were followed by Saudi Arabia, France, Australia, the United Arab Emirates, Belarus, Spain, Malaysia, Luxembourg, the UK and South Africa, which together accounted for a further 32%.

Australia, with a CAGR of +13.5%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Imports of Evaporated And Condensed Milk

Imports by Country

The Netherlands (X tons), Greece (X tons), the United Arab Emirates (X tons), Saudi Arabia (X tons), Germany (X tons), Belgium (X tons), Oman (X tons), Libya (X tons), France (X tons), Kuwait (X tons), Poland (X tons) and Hong Kong SAR (X tons) represented roughly 59% of total imports in 2021. Russia (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were in Kuwait (with a CAGR of +22.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), the Netherlands ($X) and Greece ($X) appeared to be the countries with the highest levels of imports in 2021, together accounting for 23% of total imports. These countries were followed by Germany, the United Arab Emirates, Belgium, Oman, France, Libya, Russia, Kuwait, Hong Kong SAR and Poland, which together accounted for a further 35%.

Kuwait, with a CAGR of +13.8%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for evaporated and condensed milk in the world?

The country with the largest volume of evaporated and condensed milk consumption was the United States, comprising approx. 19% of total volume. Moreover, evaporated and condensed milk consumption in the United States exceeded the figures recorded by the second-largest consumer, Peru, twofold. Malaysia ranked third in terms of total consumption with a 4.8% share.

What are the largest producers of evaporated and condensed milk in the world?

The countries with the highest volumes of evaporated and condensed milk production in 2020 were the United States, Peru and Germany, together accounting for 38% of global production. Malaysia, the Netherlands, Saudi Arabia, Belarus, Mexico, Singapore, Russia, the UK, France and Belgium lagged somewhat behind, together accounting for a further 40%.

What are the leading suppliers of evaporated and condensed milk to Puerto Rico?

In value terms, the largest evaporated and condensed milk importing markets into Puerto Rico were Saudi Arabia, the United Arab Emirates and the Netherlands, with a combined 27% share of total imports. These countries were followed by Greece, Germany, France, the UK, Oman, Belgium, Kuwait, Russia, Poland and Italy, which together accounted for a further 34%.

What are the leading importers of evaporated and condensed milk from Puerto Rico?

In value terms, the Netherlands, Germany and Saudi Arabia appeared to be the countries with the highest levels of exports in 2020, with a combined 44% share of total exports.

What is the average export price for evaporated and condensed milk in Puerto Rico?

The evaporated and condensed milk export price in Puerto Rico stood at $less than 0.1 per ton in 2020, remaining stable against the previous year.

What is the average import price for evaporated and condensed milk in Puerto Rico?

In 2020, the evaporated and condensed milk import price in Puerto Rico amounted to $less than 0.1 per ton, remaining relatively unchanged against the previous year.

This report provides an in-depth analysis of the market for evaporated and condensed 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 889 - Whole Milk, Condensed
FCL 894 - Whole Milk, Evaporated
FCL 895 - Skim Milk, Evaporated
FCL 896 - Skim Milk, Condensed

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
Find deeper insights into current market developments
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. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. 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, PRODUCING ANIMALS AND YIELD
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. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Producing Animals Slaughtered, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023