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Eritrea - Milk - Market Analysis, Forecast, Size, Trends and Insights
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Milk Market Size in Eritrea
The revenue of the milk market in Eritrea amounted to $X in 2018, therefore, remained relatively stable against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded over the period under review. The pace of growth appeared the most rapid in 2017 when the market value increased by X% year-to-year. Over the period under review, the milk market reached its maximum level at $X in 2014; however, from 2015 to 2018, consumption failed to regain its momentum.
Milk Production in Eritrea
In value terms, milk production stood at $X in 2018 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when production volume increased by X% against the previous year. Eritrea milk production peaked at $X in 2014; however, from 2015 to 2018, production stood at a somewhat lower figure.
In 2018, the average milk yield in Eritrea totaled X kg per head, leveling off at the previous year. In general, the milk yield continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when yield increased by X% against the previous year. Over the period under review, the milk yield reached its peak figure level in 2018 and is expected to retain its growth in the immediate term.
The number of animals for milk production in Eritrea amounted to X heads in 2018, stabilizing at the previous year. In general, the number of animals for milk production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Over the period under review, this number attained its peak figure level in 2018 and is likely to continue its growth in the near future.
Milk Exports
Exports from Eritrea
In 2018, approx. X kg of milk were exported from Eritrea; stabilizing at the previous year. Overall, milk exports continue to indicate a relatively flat trend pattern.
In value terms, milk exports stood at $X in 2018. In general, milk exports continue to indicate a relatively flat trend pattern.
Exports by Country
In 2018, Germany (X tons), followed by the Netherlands (X tons), the Czech Republic (X tons), France (X tons), the UK (X tons), Belgium (X tons), Austria (X tons) and Poland (X tons) represented the major exporters of milk, together achieving X% of total exports. Latvia (X tons), Hungary (X tons), Slovenia (X tons) and Luxembourg (X tons) followed a long way behind the leaders.
From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Poland, while the other leaders experienced more modest paces of growth.
In value terms, the largest milk markets from Eritrea were Germany ($X), the Netherlands ($X) and Belgium ($X), with a combined X% share of total exports. These countries were followed by France, Poland, the UK, the Czech Republic, Austria, Hungary, Latvia, Luxembourg and Slovenia, which together accounted for a further X experienced the highest growth rate of exports, among the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2018, the milk export price in Eritrea amounted to $X per ton, standing approx. at the previous year. Over the period under review, the milk export price continues to indicate a relatively flat trend pattern.
Prices varied noticeably by the country of origin; the country with the highest price was the Netherlands ($X per ton), while Latvia ($X per ton) was amongst the lowest.
From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Belgium, while the other leaders experienced more modest paces of growth.
Milk Imports
Imports into Eritrea
In 2018, the imports of milk into Eritrea amounted to X tons, falling by -X% against the previous year. Over the period under review, milk imports continue to indicate a sharp downturn. The pace of growth was the most pronounced in 2015 with an increase of X% year-to-year. Eritrea imports peaked at X tons in 2010; however, from 2011 to 2018, imports stood at a somewhat lower figure.
In value terms, milk imports stood at $X in 2018. Overall, milk imports continue to indicate a precipitous reduction. The growth pace was the most rapid in 2010 when imports increased by X% y-o-y. Eritrea imports peaked at $X in 2011; however, from 2012 to 2018, imports stood at a somewhat lower figure.
Imports by Country
In 2018, Germany (X tons), distantly followed by Italy (X tons), Belgium (X tons), the Netherlands (X tons), Ireland (X tons) and China (X tons) were the key importers of milk, together generating X% of total imports. Lithuania (X tons), France (X tons), the UK (X tons), Russia (X tons), Croatia (X tons) and Austria (X tons) took a minor share of total imports.
From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by China (+X% per year), while the other leaders experienced more modest paces of growth.
In value terms, the largest milk importing markets into Eritrea were Germany ($X), Belgium ($X) and Italy ($X), with a combined X% share of total imports. China, France, the Netherlands, Ireland, the UK, Lithuania, Russia, Austria, Croatia and Eritrea lagged somewhat behind, together comprising a further X the main importing countries, China recorded the highest growth rate of imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.
Import Prices by Country
The milk import price in Eritrea stood at $X per ton in 2018, growing by X% against the previous year. In general, the milk import price continues to indicate significant growth. The growth pace was the most rapid in 2013 when the import price increased by X% y-o-y. In that year, the import prices for milk reached their peak level of $X per ton. From 2014 to 2018, the growth in terms of the import prices for milk remained at a somewhat lower figure.
Prices varied noticeably by the country of destination; the country with the highest price was France ($X per ton), while Lithuania ($X per ton) was amongst the lowest.
From 2007 to 2018, the most notable rate of growth in terms of prices was attained by France, while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the milk market in Eritrea. 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 1130 - Camel milk
- FCL 882 - Cow milk, whole (fresh)
- FCL 1020 - Goat milk
- FCL 982 - Sheep milk
- FCL 951 - Buffalo milk
- FCL 888 - Skim Milk of Cows
Country coverage:
- Eritrea
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Eritrea
- 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
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