Macedonia: Skimmed Milk Market 2020

Skimmed Milk Market Size in Macedonia

The revenue of the skimmed milk market in Macedonia amounted to $X in 2018, picking up by X% against 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). Overall, skimmed milk consumption continues to indicate remarkable growth. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Macedonia skimmed milk consumption peaked at $X in 2013; however, from 2014 to 2018, consumption failed to regain its momentum.

Skimmed Milk Exports

Exports from Macedonia

In 2018, the skimmed milk exports from Macedonia amounted to X tons, growing by X% against the previous year. Over the period under review, skimmed milk exports continue to indicate extraordinary growth. The most prominent rate of growth was recorded in 2015 when exports increased by X% year-to-year. Over the period under review, skimmed milk exports attained their peak figure in 2018 and are expected to retain its growth in the immediate term.

In value terms, skimmed milk exports amounted to $X in 2018. Overall, skimmed milk exports continue to indicate a strong increase. The pace of growth was the most pronounced in 2015 when exports increased by X% y-o-y. Over the period under review, skimmed milk exports attained their maximum in 2018 and are expected to retain its growth in the immediate term.

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 largest exporters of skimmed milk, together achieving 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. From 2007 to 2018, the share of New Zealand, the U.S., Germany, Saudi Arabia, the Netherlands, Belgium and the United Arab Emirates increased by +X%, +X%, +X%, +X%, +X%, +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2018, the average annual rate of growth in terms of value in New Zealand totaled +X%. In the other countries, the average annual rates were as follows: Germany (+X% per year) and the U.S. (+X% per year).

Export Prices by Country

In 2018, the skimmed milk export price in Macedonia amounted to $X per ton, shrinking by -X% against the previous year. Overall, the skimmed milk export price continues to indicate a temperate reduction. The pace of growth appeared the most rapid in 2013 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 2014 to 2018, the growth in terms of the export prices for skimmed milk 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 Macedonia

In 2018, the amount of skimmed milk imported into Macedonia stood at X tons, rising by X% against the previous year. In general, skimmed milk imports continue to indicate an outstanding expansion. The most prominent rate of growth was recorded in 2011 when imports increased by X% year-to-year. Macedonia imports peaked at X tons in 2013; however, from 2014 to 2018, imports failed to regain their momentum.

In value terms, skimmed milk imports totaled $X in 2018. Overall, skimmed milk imports continue to indicate a buoyant expansion. The growth pace was the most rapid in 2011 when imports increased by X% y-o-y. Macedonia 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 committing 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, China ($X), Algeria ($X) and Mexico ($X) were the countries with the highest levels of imports in 2018, with a combined X% share of total imports. These countries were followed by Saudi Arabia, the United Arab Emirates, Russia, the Netherlands, Indonesia, Belgium, Malaysia, the Philippines, China, Macao SAR and Macedonia, which together accounted for a further X, Macao SAR recorded the highest rates of growth with regard to market size, in terms of the main importing countries 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 Macedonia stood at $X per ton in 2018, coming down by -X% against the previous year. Over the period under review, the skimmed milk import price continues to indicate a deep descent. The pace of growth appeared the most rapid in 2016 an increase of X% year-to-year. Macedonia import price peaked at $X per ton in 2007; however, from 2008 to 2018, import prices remained at a 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