Zimbabwe: Skimmed Milk Market 2020

Skimmed Milk Market Size in Zimbabwe

The revenue of the skimmed milk market in Zimbabwe amounted to $X in 2018, declining by -X% against the previous year. Over the period under review, skimmed milk consumption continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the market value increased by X% against the previous year. Over the period under review, the skimmed milk market reached its peak figure level at $X in 2014; however, from 2015 to 2018, consumption remained at a lower figure.

Skimmed Milk Production in Zimbabwe

In value terms, skimmed milk production totaled $X in 2018 estimated in export prices. Over the period under review, skimmed milk production continues to indicate a mild drop. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. In that year, skimmed milk production attained its peak level of $X. From 2014 to 2018, skimmed milk production growth remained at a lower figure.

Skimmed Milk Exports

Exports from Zimbabwe

In 2018, approx. X tons of skimmed milk were exported from Zimbabwe; leveling off at the previous year. In general, skimmed milk exports, however, continue to indicate a deep slump. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. Over the period under review, skimmed milk exports attained their peak figure at X tons in 2008; however, from 2009 to 2018, exports failed to regain their momentum.

In value terms, skimmed milk exports amounted to $X in 2018. In general, skimmed milk exports, however, continue to indicate an abrupt setback. The pace of growth was the most pronounced in 2011 when exports increased by X% against the previous year. Over the period under review, skimmed milk exports attained their maximum 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), Belgium (X tons) and France (X tons) were the largest 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) took a little share of total exports.

Exports from New Zealand increased at an average annual rate of +X% from 2007 to 2018. 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. 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.) 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 ($X) remains the largest skimmed milk supplier from Zimbabwe, comprising X% of global exports. The second position in the ranking was occupied by Germany ($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 growth rate of value in New Zealand amounted to +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

The skimmed milk export price in Zimbabwe stood at $X per ton in 2018, dropping by -X% against the previous year. Over the period under review, the skimmed milk export price continues to indicate a mild curtailment. The pace of growth appeared the most rapid in 2013 when the export price increased by X% y-o-y. 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 failed to regain its momentum.

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 Zimbabwe

In 2018, the skimmed milk imports into Zimbabwe amounted to X tons, waning by -X% against the previous year. Overall, skimmed milk imports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2017 with an increase of X% y-o-y. Over the period under review, skimmed milk imports attained their maximum at X tons in 2011; however, from 2012 to 2018, imports remained at a lower figure.

In value terms, skimmed milk imports amounted to $X in 2018. In general, skimmed milk imports continue to indicate a measured decline. The growth pace was the most rapid in 2017 with an increase of X% y-o-y. Over the period under review, skimmed milk imports attained their peak figure at $X in 2011; however, from 2012 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, China (X tons), followed by Algeria (X tons) and Mexico (X tons) represented the largest importers of skimmed milk, together comprising X% of total imports. 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) 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 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, together comprising 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 Zimbabwe, which together accounted for a further X, Macao SAR experienced the highest growth rate of imports, in terms of the main importing countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the skimmed milk import price in Zimbabwe amounted to $X per ton, growing by X% against the previous year. Overall, the import price indicated a resilient 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, skimmed milk import price increased by +X% against 2013 indices. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. Zimbabwe import price peaked in 2018 and is likely to continue its growth in the immediate term.

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