Netherlands - Evaporated And Condensed Milk - Market Analysis, Forecast, Size, Trends and Insights
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Netherlands - Evaporated And Condensed Milk - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: Mar 26, 2024

Export of Evaporated and Condensed Milk From the Netherlands Plummets to $59M in November 2023

Netherlands Evaporated And Condensed Milk Exports

In November 2023, the amount of evaporated and condensed milk exported from the Netherlands contracted modestly to 29K tons, dropping by -4% against the month before. Overall, exports continue to indicate a slight decrease. The growth pace was the most rapid in March 2023 with an increase of 19% m-o-m.

In value terms, evaporated and condensed milk exports dropped to $59M (IndexBox estimates) in November 2023. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 when exports increased by 18% m-o-m. As a result, the exports reached the peak of $64M. From April 2023 to November 2023, the growth of the exports remained at a lower figure.Netherlands Evaporated And Condensed Milk Exports By Country (Million USD)

COUNTRYExport Value of Evaporated And Condensed Milk in Netherlands (million USD)
Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023May 2023Jun 2023Jul 2023Aug 2023Sep 2023Oct 2023Nov 2023
Germany12.512.412.211.013.110.911.09.110.09.18.47.711.2
United Arab Emirates4.98.59.95.36.74.22.43.43.13.83.97.47.0
Saudi Arabia6.67.13.74.35.23.13.35.53.78.57.812.16.9
Libya4.70.92.42.01.80.15.44.60.62.34.00.94.6
Belgium5.04.24.95.24.54.54.24.74.44.23.63.63.7
Greece5.90.93.13.13.12.72.22.83.33.93.86.22.9
Qatar3.52.33.32.44.04.74.52.83.23.12.32.81.2
Others20.420.022.320.525.118.719.022.620.120.218.719.921.9
Total63.556.361.953.863.648.952.155.548.555.152.560.659.4

Exports by Country

Germany (4.9K tons), the United Arab Emirates (3.6K tons) and Belgium (3.4K tons) were the main destinations of evaporated and condensed milk exports from the Netherlands, together accounting for 41% of total exports.

From November 2022 to November 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United Arab Emirates (with a CAGR of +2.4%), while the other leaders experienced mixed trend patterns.

In value terms, Germany ($11M), the United Arab Emirates ($7M) and Saudi Arabia ($6.9M) constituted the largest markets for evaporated and condensed milk exported from the Netherlands worldwide, with a combined 42% share of total exports.

the United Arab Emirates, with a CAGR of +3.1%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Exports by Type

Condensed or evaporated milk (unsweetened) (22K tons) was the largest type of evaporated and condensed milk exported from the Netherlands, with a 77% share of total exports. Moreover, condensed or evaporated milk (unsweetened) exceeded the volume of the second product type, condensed or evaporated milk (sweetened) (6.5K tons), threefold.

From November 2022 to November 2023, the average monthly rate of growth in terms of the volume of export of condensed or evaporated milk (unsweetened) totaled -1.2%.

In value terms, condensed or evaporated milk (unsweetened) ($41M) remains the largest type of evaporated and condensed milk exported from the Netherlands, comprising 69% of total exports. The second position in the ranking was taken by condensed or evaporated milk (sweetened) ($18M), with a 31% share of total exports.

From November 2022 to November 2023, the average monthly growth rate of the export volume of condensed or evaporated milk (unsweetened) totaled -1.1%.

Export Prices by Country

In November 2023, the evaporated and condensed milk price stood at $2,045 per ton (FOB, Netherlands), increasing by 2% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 an increase of 5.7% against the previous month. The export price peaked at $2,054 per ton in January 2023; however, from February 2023 to November 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In November 2023, the country with the highest price was Saudi Arabia ($2,385 per ton), while the average price for exports to Belgium ($1,108 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for evaporated and condensed milk in the Netherlands. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 889 - Whole Milk, Condensed
  • FCL 894 - Whole Milk, Evaporated
  • FCL 895 - Skim Milk, Evaporated
  • FCL 896 - Skim Milk, Condensed

Country coverage:

  • Netherlands

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the Netherlands
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

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  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

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    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, PRODUCING ANIMALS AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

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  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Producing Animals Slaughtered, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023

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