Rwanda: Skimmed Milk Market 2020

Skimmed Milk Market Size in Rwanda

The revenue of the skimmed milk market in Rwanda amounted to $X in 2018, waning by -X% against the previous year. Overall, skimmed milk consumption continues to indicate a significant curtailment. The pace of growth was the most pronounced in 2008 when the market value increased by X% against the previous year. In that year, the skimmed milk market reached its peak level of $X. From 2009 to 2018, the growth of the skimmed milk market remained at a somewhat lower figure.

Skimmed Milk Production in Rwanda

In value terms, skimmed milk production totaled $X in 2018 estimated in export prices. In general, skimmed milk production continues to indicate a deep descent. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. In that year, skimmed milk production attained its peak level of $X. From 2009 to 2018, skimmed milk production growth remained at a lower figure.

Skimmed Milk Exports

Exports from Rwanda

In 2018, the amount of skimmed milk exported from Rwanda totaled X kg, lowering by -X% against the previous year. In general, skimmed milk exports continue to indicate a drastic slump. The pace of growth was the most pronounced in 2017 when exports increased by X% y-o-y. In that year, skimmed milk exports reached their peak of X kg, and then declined slightly in the following year.

In value terms, skimmed milk exports stood at $X in 2018. Over the period under review, skimmed milk exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. In that year, skimmed milk exports attained their peak of $X, and then declined slightly in the following year.

Exports by Country

In 2018, New Zealand (X tons), distantly followed by the U.S. (X tons), Germany (X tons), the Netherlands (X tons), Belgium (X tons) and France (X tons) were the major exporters of skimmed milk, together creating X% of total exports. Australia (X tons), Saudi Arabia (X tons), Belarus (X tons), Poland (X tons), Ireland (X tons) and Uruguay (X tons) followed a long way behind the leaders.

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, Uruguay (+X%), Saudi Arabia (+X%), the U.S. (+X%), Belgium (+X%), Poland (+X%), Germany (+X%), the Netherlands (+X%), Belarus (+X%), Ireland (+X%) and France (+X%) displayed positive paces of growth. Moreover, Uruguay emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. Australia experienced a relatively flat trend pattern. While the share of New Zealand (+X p.p.), the U.S. (+X p.p.), Germany (+X p.p.), the Netherlands (+X p.p.), Belgium (+X p.p.), Saudi Arabia (+X p.p.) and Uruguay (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, New Zealand ($X) remains the largest skimmed milk supplier from Rwanda, comprising X% of global exports. The second position in the ranking was occupied by Germany ($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 Rwanda stood at $X per ton in 2018, shrinking by -X% against the previous year. Overall, the skimmed milk export price continues to indicate an abrupt downturn. The most prominent rate of growth was recorded in 2008 an increase of X% year-to-year. In that year, the export prices for skimmed milk attained their peak level of $X per ton. From 2009 to 2018, the growth in terms of the export prices for skimmed milk remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Ireland ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

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

Skimmed Milk Imports

Imports into Rwanda

In 2018, the imports of skimmed milk into Rwanda totaled X tons, picking up by X% against the previous year. In general, skimmed milk imports continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2016 with an increase of X% year-to-year. Over the period under review, skimmed milk imports reached their peak figure in 2018 and are likely to continue its growth in the near future.

In value terms, skimmed milk imports amounted to $X in 2018. Overall, skimmed milk imports continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. Over the period under review, skimmed milk imports reached their peak figure in 2018 and are expected to retain its growth in the immediate term.

Imports by Country

In 2018, China (X tons), followed by Algeria (X tons) and Mexico (X tons) were the main importers of skimmed milk, together achieving X% of total imports. The following importers - the United Arab Emirates (X tons), Belgium (X tons), the Netherlands (X tons), the Philippines (X tons), Russia (X tons), Saudi Arabia (X tons), Indonesia (X tons), China, Macao SAR (X tons) and Malaysia (X tons) - together made up X% of total imports.

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 the other leaders experienced more modest paces of growth.

In value terms, China ($X), Algeria ($X) and Mexico ($X) appeared to be the countries with the highest levels of imports in 2018, together accounting for X% of total imports. These countries were followed by Saudi Arabia, Russia, the United Arab Emirates, the Netherlands, Indonesia, Belgium, Malaysia, the Philippines, China, Macao SAR and Rwanda, which together accounted for a further X the main importing countries, China, Macao SAR experienced the highest growth rate of imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The skimmed milk import price in Rwanda stood at $X per ton in 2018, remaining constant against the previous year. Over the period under review, the skimmed milk import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the import price increased by X% year-to-year. In that year, the import prices for skimmed milk attained their peak level of $X per ton. From 2016 to 2018, the growth in terms of the import prices for skimmed milk remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, 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