Southern Asia: Fermented Milk Products Market 2020

Fermented Milk Products Market Size in Southern Asia

The revenue of the fermented milk products market in Southern Asia amounted to $X in 2017, coming up by X% against the previous year. The fermented milk products consumption continues to indicate a remarkable growth. The pace of growth appeared the most rapid in 2010, when market value increased by X% y-o-y. The level of fermented milk products consumption peaked of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Fermented Milk Products Production in Southern Asia

In 2017, the amount of curdled milk, cream, yogurt or acidified milk and other fermented products produced in Southern Asia totaled X tons, growing by X% against the previous year. The fermented milk products production continues to indicate a skyrocketing growth. The most prominent rate of growth was recorded in 2010, with an increase of X% year-to-year. Over the period under review, the fermented milk products production reached its maximum volume in 2017, and is expected to retain its growth in the immediate term.

Fermented Milk Products Exports in Southern Asia

In 2017, approx. X tons of curdled milk, cream, yogurt or acidified milk and other fermented products were exported in Southern Asia; growing by X% against the previous year. The fermented milk products exports continue to indicate a strong growth. The most prominent rate of growth was recorded in 2008, with an increase of X% against the previous year. The volume of exports peaked of X tons in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, fermented milk products exports totaled $X in 2017. The fermented milk products exports continue to indicate a remarkable increase. Over the period under review, the fermented milk products exports reached its peak figure level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Fermented Milk Products Exports by Country in Southern Asia

Pakistan represented the largest exporter of curdled milk, cream, yogurt or acidified milk and other fermented products in Southern Asia, with the volume of exports finishing at X tons, which was near X% of total exports in 2017. It was distantly followed by India (X tons), committing X% share of total exports. Sri Lanka (X tons) took the slight share of total exports.

Exports from Pakistan increased at an average annual rate of +X% from 2007 to 2017. At the same time, India (+X%) and Sri Lanka (+X%) displayed positive paces of growth. Moreover, India emerged as the fastest growing exporter in Southern Asia, with a CAGR of +X% from 2007-2017. From 2007 to 2017, the share of India and Pakistan decreased by -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Pakistan ($X) remains the largest fermented milk products supplier in Southern Asia, making up X% of global exports. The second position in the ranking was occupied by India ($X), with a X% share of global exports. It was followed by Sri Lanka, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Pakistan amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: India (+X% per year) and Sri Lanka (+X% per year).

Fermented Milk Products Export Prices by Country in Southern Asia

In 2017, the fermented milk products export price in Southern Asia amounted to $X per ton, falling by -X% against the previous year. The fermented milk products export price continues to indicate a slight drop. The pace of growth was the most pronounced in 2009, an increase of X% against the previous year. Over the period under review, the export prices for curdled milk, cream, yogurt or acidified milk and other fermented products attained its peak figure level of $X per ton in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Average export prices varied somewhat amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in India ($X per ton) and Sri Lanka ($X per ton), while Pakistan ($X per ton) and Sri Lanka ($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 Sri Lanka (+X% per year), while the other leaders experienced a decline in the export price figures.

Fermented Milk Products Imports in Southern Asia

In 2017, imports of curdled milk, cream, yogurt or acidified milk and other fermented products in Southern Asia totaled X tons, rising by X% against the previous year. The fermented milk products imports continue to indicate a prominent growth. The pace of growth was the most pronounced in 2008, when imports increased by X% year-to-year. Over the period under review, the fermented milk products imports reached its maximum volume of X tons in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, fermented milk products imports stood at $X in 2017. The fermented milk products imports continue to indicate a prominent increase. Over the period under review, the fermented milk products imports attained its maximum level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Fermented Milk Products Imports by Country in Southern Asia

Afghanistan was the largest importing country with an import of around X tons, which reached X% of total imports. It was distantly followed by Maldives (X tons) and Bangladesh (X tons), together generating X% share of total imports. The following importers - Pakistan (X tons) and Sri Lanka (X tons) each resulted at a X% share of total imports.

Imports into Afghanistan increased at an average annual rate of +X% from 2007 to 2017. At the same time, Pakistan (+X%), Sri Lanka (+X%), Maldives (+X%) and Bangladesh (+X%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest growing importer in Southern Asia, with a CAGR of +X% from 2007-2017. Bangladesh (-X%), Maldives (-X%) and Afghanistan (-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 largest fermented milk products markets worldwide were Afghanistan ($X), Maldives ($X) and Bangladesh ($X), together accounting for X% of total imports.

Maldives (+X% per year) experienced the highest growth rate of imports, in terms of the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Fermented Milk Products Import Prices by Country in Southern Asia

The fermented milk products import price in Southern Asia stood at $X per ton in 2017, increasing by X% against the previous year. The fermented milk products import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008, when it surged by X% against the previous year. In that year, the import prices for curdled milk, cream, yogurt or acidified milk and other fermented products reached their peak level of $X per ton. From 2009 to 2017, growth of the import prices for curdled milk, cream, yogurt or acidified milk and other fermented products failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Bangladesh ($X per ton), while Pakistan ($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 Maldives (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform