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Azerbaijan - Evaporated And Condensed Milk - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Evaporated and Condensed Milk in Azerbaijan - 2023
Contents:
- Price for Evaporated and Condensed Milk in Azerbaijan (CIF) - 2023
- Price for Evaporated and Condensed Milk in Azerbaijan (FOB) - 2022
- Imports of Evaporated and Condensed Milk in Azerbaijan
- Exports of Evaporated and Condensed Milk in Azerbaijan
Price for Evaporated and Condensed Milk in Azerbaijan (CIF) - 2023
The average evaporated and condensed milk import price stood at $1,877 per ton in July 2023, with a decrease of -5.5% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in October 2022 an increase of 6.3% m-o-m. The import price peaked at $2,503 per ton in November 2022; however, from December 2022 to July 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($3,703 per ton), while the price for Ukraine ($1,734 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Turkey (+11.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Evaporated and Condensed Milk in Azerbaijan (FOB) - 2022
The average evaporated and condensed milk export price stood at $1,221 per ton in 2022, dropping by -16.5% against the previous year. In general, the export price, however, showed a significant increase. The pace of growth was the most pronounced in 2017 when the average export price increased by 26% against the previous year. Over the period under review, the average export prices reached the maximum at $1,476 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Georgia.
From 2012 to 2022, the rate of growth in terms of prices for Sudan amounted to +11.2% per year.
Imports of Evaporated and Condensed Milk in Azerbaijan
Evaporated and condensed milk imports into Azerbaijan reached 2.6K tons in 2022, rising by 2.1% on 2021 figures. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 28%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, evaporated and condensed milk imports surged to $5.2M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +17.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +92.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 46%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
Import of Evaporated and Condensed Milk in Azerbaijan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Iran | 16.8 | 59.6 | 69.6 | 2,135 | 402.8% |
Belarus | 671 | 728 | 891 | 1,344 | 26.1% |
Russia | 455 | 493 | 459 | 741 | 17.7% |
Ukraine | 1,735 | 948 | 1,769 | 584 | -30.4% |
Turkey | 302 | 281 | 374 | 243 | -7.0% |
Others | 18.8 | 179 | 358 | 123 | 87.0% |
Total | 3,199 | 2,689 | 3,921 | 5,172 | 17.4% |
Top Suppliers of Evaporated and Condensed Milk to Azerbaijan in 2022:
- Iran (1159.3 tons)
- Belarus (589.6 tons)
- Ukraine (299.3 tons)
- Russia (292.6 tons)
- Turkey (241.7 tons)
Exports of Evaporated and Condensed Milk in Azerbaijan
After two years of decline, overseas shipments of evaporated and condensed milk increased by 261% to 305 tons in 2022. Over the period under review, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, evaporated and condensed milk exports surged to $373K in 2022. Overall, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Evaporated and Condensed Milk in Azerbaijan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Georgia | 117 | 125 | 123 | 373 | 47.2% |
Others | 1.3 | N/A | 0.7 | N/A | -26.6% |
Total | 118 | 125 | 124 | 373 | 46.8% |
Top Export Markets for Evaporated and Condensed Milk from Azerbaijan in 2022:
- Georgia (305.4 tons)
This report provides an in-depth analysis of the market for evaporated and condensed milk in Azerbaijan. 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:
- Azerbaijan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Azerbaijan
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals Slaughtered, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the market for evaporated and condensed milk in Azerbaijan.
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New Zealand seized control of the market for evaporated and condensed milk. In 2014, New Zealand exported X thousand tons of evaporated and condensed milk totaling X million USD, X% over the previous year. Its primary trading partner was Chin
Germany dominates in the global skimmed milk trade. In 2014, Germany exported X thousand tons of skimmed milk totaling X million USD, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total skimmed mi
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New Zealand seized control of the market for evaporated and condensed milk. In 2014, New Zealand exported X thousand tons of evaporated and condensed milk totaling X million USD, X% over the previous year. Its primary trading partner was Chin
Germany dominates in the global skimmed milk trade. In 2014, Germany exported X thousand tons of skimmed milk totaling X million USD, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total skimmed mi
Explore the top import markets for powdered milk and discover key statistics and numbers showcasing the global trade in this sector. China, Algeria, Indonesia, Mexico, United Arab Emirates, Philippines, Netherlands, Malaysia, Belgium, and Thailand are the leading countries in the import value of powdered milk.
Explore the world's best import markets for skim powdered milk and understand the key statistics and trends in the industry.