Africa: Powdered Milk Market 2024

Powdered Milk Market Size in Africa

The African powdered milk market dropped to $X in 2023, falling by X% against the previous year. Overall, consumption, however, recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2020; however, from 2021 to 2023, consumption failed to regain momentum.

Powdered Milk Production in Africa

In value terms, powdered milk production contracted notably to $X in 2023 estimated in export price. In general, production, however, showed a strong expansion. The pace of growth was the most pronounced in 2022 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X, and then reduced markedly in the following year.

The country with the largest volume of powdered milk production was Uganda (X tons), comprising approx. X% of total volume. Moreover, powdered milk production in Uganda exceeded the figures recorded by the second-largest producer, Mauritius (X tons), threefold. The third position in this ranking was held by South Africa (X tons), with a X% share.

In Uganda, powdered milk production expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Mauritius (X% per year) and South Africa (X% per year).

Powdered Milk Exports

Exports in Africa

In 2023, overseas shipments of powdered milk decreased by X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a abrupt decline. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The volume of export peaked at X tons in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

In value terms, powdered milk exports fell to $X in 2023. Overall, exports recorded a perceptible reduction. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

In 2023, South Africa (X tons) represented the major exporter of powdered milk, achieving X% of total exports. Uganda (X tons) took the second position in the ranking, distantly followed by Zambia (X tons), Togo (X tons) and Ghana (X tons). All these countries together held approx. X% share of total exports. The following exporters - Egypt (X tons) and Rwanda (X tons) - each accounted for a X% share of total exports.

Exports from South Africa decreased at an average annual rate of X% from 2012 to 2023. At the same time, Zambia (X%), Rwanda (X%), Ghana (X%) and Uganda (X%) displayed positive paces of growth. Moreover, Zambia emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2023. By contrast, Egypt (X%) and Togo (X%) illustrated a downward trend over the same period. While the share of South Africa (X p.p.), Uganda (X p.p.), Zambia (X p.p.), Ghana (X p.p.) and Rwanda (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest powdered milk supplier in Africa, comprising X% of total exports. The second position in the ranking was taken by Uganda ($X), with a X% share of total exports. It was followed by Zambia, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in South Africa stood at X%. In the other countries, the average annual rates were as follows: Uganda (X% per year) and Zambia (X% per year).

Export Prices by Country

In 2023, the export price in Africa amounted to $X per ton, almost unchanged from the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Egypt ($X per ton), while Zambia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Uganda (X%), while the other leaders experienced more modest paces of growth.

Powdered Milk Imports

Imports in Africa

In 2023, powdered milk imports in Africa declined modestly to X tons, waning by X% compared with the previous year. In general, imports showed a slight contraction. The growth pace was the most rapid in 2014 when imports increased by X%. Over the period under review, imports reached the maximum at X tons in 2015; however, from 2016 to 2023, imports remained at a lower figure.

In value terms, powdered milk imports dropped to $X in 2023. Overall, imports showed a mild decline. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, Algeria (X tons), distantly followed by Egypt (X tons), Nigeria (X tons), Morocco (X tons) and Sudan (X tons) were the main importers of powdered milk, together making up X% of total imports. Somalia (X tons), South Africa (X tons), Cote d'Ivoire (X tons), Libya (X tons), Senegal (X tons) and Ghana (X tons) held a minor share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Morocco (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Algeria ($X) constitutes the largest market for imported powdered milk in Africa, comprising X% of total imports. The second position in the ranking was held by Egypt ($X), with a X% share of total imports. It was followed by Nigeria, with an X% share.

In Algeria, powdered milk imports plunged by an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: Egypt (X% per year) and Nigeria (X% per year).

Import Prices by Country

The import price in Africa stood at $X per ton in 2023, waning by X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2022 an increase of X%. Over the period under review, import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2023, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2023, major importing countries recorded the following prices: in Cote d'Ivoire ($X per ton) and Nigeria ($X per ton), while Sudan ($X per ton) and Ghana ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Morocco (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform