Yemen: Milk Market 2020

Milk Market Size in Yemen

The revenue of the milk market in Yemen amounted to $X in 2018, going up by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 when the market value increased by X% against the previous year. In that year, the milk market attained its peak level and is likely to continue its growth in the immediate term.

Milk Production in Yemen

In value terms, milk production amounted to $X in 2018 estimated in export prices. Overall, the total output indicated a perceptible increase from 2007 to 2018: its value decreased 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, milk production increased by +X% against 2011 indices. The most prominent rate of growth was recorded in 2018 when production volume increased by X% year-to-year. In that year, milk production attained its peak level and is likely to continue its growth in the immediate term.

In 2018, the average yield of milk in Yemen totaled X kg per head, approximately mirroring the previous year. Overall, the milk yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. In that year, the average milk yield reached its peak level of X kg per head. From 2015 to 2018, the growth of the average milk yield remained at a lower figure.

In 2018, the amount of producing animals in Yemen amounted to X heads, approximately reflecting the previous year. Over the period under review, the number of animals for milk production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. Over the period under review, this number reached its peak figure level at X heads in 2013; however, from 2014 to 2018, producing animals remained at a lower figure.

Milk Exports

Exports from Yemen

In 2018, the milk exports from Yemen stood at X tons, coming down by -X% against the previous year. Over the period under review, milk exports continue to indicate a sharp contraction. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. In that year, milk exports attained their peak of X tons. From 2009 to 2018, the growth of milk exports failed to regain its momentum.

In value terms, milk exports amounted to $X in 2018. In general, milk exports continue to indicate a sharp descent. The pace of growth appeared the most rapid in 2008 when exports increased by X% against the previous year. In that year, milk exports reached their peak of $X. From 2009 to 2018, the growth of milk exports remained at a somewhat lower figure.

Exports by Country

Somalia (X kg), Djibouti (X kg) and Libya (X kg) were the main destinations of milk exports from Yemen.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Bahrain, while the other leaders experienced a decline.

In value terms, Somalia ($X), Djibouti ($X) and Libya ($X) constituted the largest markets for milk exported from Yemen worldwide, with a combined X% share of total exports.

Somalia experienced the highest rates of growth with regard to exports, in terms of the main countries of destination over the last eleven years, while the other leaders experienced a decline.

Export Prices by Country

In 2018, the average milk export price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the export price indicated a perceptible increase from 2007 to 2018: its price 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, milk export price increased by +X% against 2012 indices. The pace of growth was the most pronounced in 2018 when the average export price increased by X% year-to-year. In that year, the average export prices for milk reached their peak level and is likely to continue its growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Somalia ($X per ton), while the average price for exports to Oman ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Somalia, while the prices for the other major destinations experienced mixed trend patterns.

Milk Imports

Imports into Yemen

Milk imports into Yemen amounted to X tons in 2018, going up by X% against the previous year. Overall, milk imports, however, continue to indicate a drastic deduction. The most prominent rate of growth was recorded in 2012 when imports increased by X% against the previous year. Imports peaked at X tons in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

In value terms, milk imports totaled $X in 2018. Over the period under review, milk imports, however, continue to indicate a drastic shrinkage. The pace of growth was the most pronounced in 2012 when imports increased by X% year-to-year. Over the period under review, milk imports attained their maximum at $X in 2014; however, from 2015 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, Saudi Arabia (X tons) constituted the largest milk supplier to Yemen, with a X% share of total imports. Moreover, milk imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), sevenfold. The UK (X tons) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual growth rate of volume from Saudi Arabia stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+X% per year) and the UK (+X% per year).

In value terms, Saudi Arabia ($X) constituted the largest supplier of milk to Yemen, comprising X% of total milk imports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of total imports.

From 2007 to 2018, the average annual growth rate of value from Saudi Arabia stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+X% per year) and Germany (+X% per year).

Import Prices by Country

The average milk import price stood at $X per ton in 2018, declining by -X% against the previous year. In general, the import price indicated strong growth from 2007 to 2018: its price 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, milk import price decreased by -X% against 2016 indices. The growth pace was the most rapid in 2008 an increase of X% y-o-y. Over the period under review, the average import prices for milk attained their maximum at $X per ton in 2016; however, from 2017 to 2018, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the United Arab Emirates ($X per ton), while the price for Germany ($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 UK (+X% per year), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform