Overview of the Market for Evaporated And Condensed Milk in Libya
The revenue of the evaporated and condensed milk market in Libya reached $ in 2019, picking up by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw significant growth. The most prominent rate of growth was recorded in 2011 with an increase of % against the previous year. Evaporated and condensed milk consumption peaked at $ in 2012; however, from 2013 to 2019, consumption failed to regain the momentum.