Moldova: Skimmed Milk Market 2020

Skimmed Milk Market Size in Moldova

The revenue of the skimmed milk market in Moldova amounted to $X in 2018, going up by X% against the previous year. Overall, the total market indicated resilient growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, skimmed milk consumption increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2010 when the market value increased by X% y-o-y. Over the period under review, the skimmed milk market attained its peak figure level in 2018 and is likely to continue its growth in the immediate term.

Skimmed Milk Production in Moldova

In value terms, skimmed milk production amounted to $X in 2018 estimated in export prices. Over the period under review, the total output indicated a resilient expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, skimmed milk production increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2010 when production volume increased by X% against the previous year. Moldova skimmed milk production peaked at $X in 2012; however, from 2013 to 2018, production stood at a somewhat lower figure.

Skimmed Milk Exports

Exports from Moldova

In 2018, the amount of skimmed milk exported from Moldova totaled X tons, waning by -X% against the previous year. Overall, skimmed milk exports continue to indicate a deep drop. The pace of growth was the most pronounced in 2016 with an increase of X% y-o-y. Moldova exports peaked at X tons in 2007; however, from 2008 to 2018, exports remained at a lower figure.

In value terms, skimmed milk exports stood at $X in 2018. Overall, skimmed milk exports continue to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, skimmed milk exports reached their peak figure at $X in 2007; however, from 2008 to 2018, exports remained at a lower figure.

Exports by Country

In 2018, New Zealand (X tons), distantly followed by the U.S. (X tons), Germany (X tons), the Netherlands (X tons) and Belgium (X tons) represented the main exporters of skimmed milk, together creating X% of total exports. The following exporters - France (X tons), Saudi Arabia (X tons), Australia (X tons), Belarus (X tons), the United Arab Emirates (X tons), Ireland (X tons) and Poland (X tons) - together made up X% of total exports.

From 2007 to 2018, average annual rates of growth with regard to skimmed milk exports from New Zealand stood at +X%. At the same time, the United Arab Emirates (+X%), Saudi Arabia (+X%), the U.S. (+X%), Belgium (+X%), Poland (+X%), Ireland (+X%), Germany (+X%), the Netherlands (+X%), Belarus (+X%) and France (+X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2007-2018. By contrast, Australia (-X%) illustrated a downward trend over the same period. New Zealand (+X p.p.), the U.S. (+X p.p.), Germany (+X p.p.), Saudi Arabia (+X p.p.), the Netherlands (+X p.p.), Belgium (+X p.p.) and the United Arab Emirates (+X p.p.) significantly strengthened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, New Zealand ($X) remains the largest skimmed milk supplier from Moldova, comprising X% of global exports. The second position in the ranking was occupied by Germany ($X), with a X% share of global exports. It was followed by the U.S., with a X% share.

In New Zealand, skimmed milk exports increased at an average annual rate of +X% over the period from 2007-2018. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (+X% per year) and the U.S. (+X% per year).

Export Prices by Country

The skimmed milk export price in Moldova stood at $X per ton in 2018, jumping by X% against the previous year. Overall, the skimmed milk export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when the export price increased by X% y-o-y. Over the period under review, the export prices for skimmed milk reached their maximum at $X per ton in 2012; however, from 2013 to 2018, export prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Australia ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the United Arab Emirates, while the other leaders experienced a decline in the export price figures.

Skimmed Milk Imports

Imports into Moldova

In 2018, approx. X tons of skimmed milk were imported into Moldova; shrinking by -X% against the previous year. Over the period under review, skimmed milk imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011 with an increase of X% y-o-y. In that year, skimmed milk imports attained their peak of X tons. From 2012 to 2018, the growth of skimmed milk imports failed to regain its momentum.

In value terms, skimmed milk imports stood at $X in 2018. Over the period under review, skimmed milk imports continue to indicate a perceptible descent. The pace of growth was the most pronounced in 2011 when imports increased by X% against the previous year. Moldova imports peaked at $X in 2013; however, from 2014 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, China (X tons), followed by Algeria (X tons) represented the major importers of skimmed milk, together constituting X% of total imports. The United Arab Emirates (X tons), Mexico (X tons), Belgium (X tons), the Netherlands (X tons), the Philippines (X tons), Russia (X tons), Saudi Arabia (X tons), China, Macao SAR (X tons), Indonesia (X tons) and Malaysia (X tons) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by China, Macao SAR, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest skimmed milk importing markets into Moldova were China ($X), Algeria ($X) and Mexico ($X), together accounting for X% of total imports. Saudi Arabia, the United Arab Emirates, Russia, the Netherlands, Indonesia, Belgium, Malaysia, the Philippines, China, Macao SAR and Moldova lagged somewhat behind, together accounting for a further X terms of the main importing countries, China, Macao SAR recorded the highest growth rate of market size, over the period under review, while imports for the other leaders experienced more modest paces of growth.

Import Prices by Country

The skimmed milk import price in Moldova stood at $X per ton in 2018, coming down by -X% against the previous year. In general, the skimmed milk import price continues to indicate a measured contraction. The most prominent rate of growth was recorded in 2010 when the import price increased by X% year-to-year. Moldova import price peaked at $X per ton in 2013; however, from 2014 to 2018, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Algeria ($X per ton), while China, Macao SAR ($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 a decline in the import price figures.

Source: IndexBox Platform