France: Market for Condensed Or Evaporated Milk (Unsweetened) 2024

Market Size for Condensed Or Evaporated Milk (Unsweetened) in France

The French market for condensed or evaporated milk (unsweetened) was finally on the rise to reach $X in 2022, after two years of decline. Over the period under review, consumption recorded a buoyant increase. Unsweetened condensed and evaporated milk consumption peaked in 2022 and is likely to see gradual growth in the immediate term.

Production of Condensed Or Evaporated Milk (Unsweetened) in France

In value terms, unsweetened condensed and evaporated milk production totaled $X in 2022 estimated in export price. Overall, production, however, faced a deep setback. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. Unsweetened condensed and evaporated milk production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Exports of Condensed Or Evaporated Milk (Unsweetened)

Exports from France

In 2022, overseas shipments of condensed or evaporated milk (unsweetened) decreased by X% to X tons, falling for the second year in a row after two years of growth. Overall, exports recorded a perceptible reduction. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, unsweetened condensed and evaporated milk exports soared to $X in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

Exports by Country

Germany (X tons), Belgium (X tons) and the Netherlands (X tons) were the main destinations of unsweetened condensed and evaporated milk exports from France, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for unsweetened condensed and evaporated milk exported from France were Germany ($X), the Netherlands ($X) and Belgium ($X), with a combined X% share of total exports.

Belgium, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for condensed or evaporated milk (unsweetened) amounted to $X per ton, increasing by X% against the previous year. Overall, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, unsweetened condensed and evaporated milk export price increased by X% against 2018 indices. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Condensed Or Evaporated Milk (Unsweetened)

Imports into France

In 2022, overseas purchases of condensed or evaporated milk (unsweetened) increased by X% to X tons, rising for the second year in a row after five years of decline. Overall, total imports indicated a modest expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, unsweetened condensed and evaporated milk imports surged to $X in 2022. In general, imports posted strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Belgium (X tons), Luxembourg (X tons) and the UK (X tons) were the main suppliers of unsweetened condensed and evaporated milk imports to France, with a combined X% share of total imports. Germany, Sweden, the Netherlands and Spain lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Sweden (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), Luxembourg ($X) and the UK ($X) constituted the largest unsweetened condensed and evaporated milk suppliers to France, with a combined X% share of total imports. Germany, the Netherlands, Sweden and Spain lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Sweden, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for condensed or evaporated milk (unsweetened) amounted to $X per ton, remaining constant against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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