Croatia - Dried Milk - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Croatia - Dried Milk - Market Analysis, Forecast, Size, Trends and Insights

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Powdered Milk Price in Croatia - 2023

Contents:

  1. Powdered Milk Price in Croatia (CIF) - 2023
  2. Powdered Milk Price in Croatia (FOB) - 2022
  3. Powdered Milk Imports in Croatia
  4. Powdered Milk Exports in Croatia

Powdered Milk Price in Croatia (CIF) - 2023

In June 2023, the average powdered milk import price amounted to $3,472 per ton, falling by -5.3% against the previous month. Over the period under review, the import price showed a mild contraction. The pace of growth appeared the most rapid in January 2023 when the average import price increased by 26% against the previous month. As a result, import price attained the peak level of $4,579 per ton. From February 2023 to June 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the Netherlands ($4,152 per ton), while the price for Germany ($2,763 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.2%), while the prices for the other major suppliers experienced a decline.

Powdered Milk Price in Croatia (FOB) - 2022

The average powdered milk export price stood at $3,516 per ton in 2022, increasing by 16% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 90% against the previous year. The export price peaked at $7,399 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($8,000 per ton), while the average price for exports to Romania ($2,668 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 Spain (+30.2%), while the prices for the other major destinations experienced more modest paces of growth.

Powdered Milk Imports in Croatia

In 2022, imports of powdered milk into Croatia expanded slightly to 5.4K tons, picking up by 2.4% against the year before. Over the period under review, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 18%.

In value terms, powdered milk imports surged to $22M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +16.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 29% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Powdered Milk in Croatia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland7.33.86.27.82.2%
Czech Republic1.83.75.33.626.0%
Netherlands1.30.31.03.437.8%
Germany1.43.01.92.927.5%
Belgium1.51.20.91.62.2%
France0.10.40.41.2128.9%
Austria0.1N/AN/A0.458.7%
Others0.21.01.40.858.7%
Total13.813.317.221.716.3%

Top Suppliers of Powdered Milk to Croatia in 2022:

  1. Poland (1940.4 tons)
  2. Netherlands (901.5 tons)
  3. Czech Republic (801.7 tons)
  4. Germany (615.8 tons)
  5. Belgium (416.5 tons)
  6. France (380.0 tons)
  7. Austria (101.4 tons)

Powdered Milk Exports in Croatia

In 2022, overseas shipments of powdered milk were finally on the rise to reach 149 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a perceptible contraction.

In value terms, powdered milk exports skyrocketed to $524K in 2022. Over the period under review, exports, however, continue to indicate a precipitous decrease.

Export of Powdered Milk in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovenia14613994.121714.1%
HungaryN/AN/A1.010310200.0%
Bosnia and Herzegovina5.719752.293.6154.2%
RomaniaN/AN/AN/A37.80%
SpainN/AN/A4.926.3436.7%
BulgariaN/AN/A2.215.3595.5%
North MacedoniaN/AN/AN/A13.10%
Serbia63.5N/AN/A5.9-54.7%
Germany68.123.92.02.2-68.2%
Netherlands818N/AN/AN/A0%
Others9.319.116.99.50.7%
Total1,111379173524-22.2%

Top Export Markets for Powdered Milk from Croatia in 2022:

  1. Netherlands (undefined tons)
  2. Slovenia (69.2 tons)
  3. Hungary (23.2 tons)
  4. Bosnia and Herzegovina (22.3 tons)
  5. Romania (14.2 tons)
  6. Spain (9.1 tons)
  7. Bulgaria (4.8 tons)
  8. North Macedonia (2.5 tons)
  9. Serbia (0.9 tons)
  10. Germany (0.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the powdered milk market in Croatia. 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 897 - Dry Whole Cow Milk
  • FCL 898 - Dry Skim Cow Milk

Country coverage:

  • Croatia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Croatia
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, PRODUCING ANIMALS AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Producing Animals Slaughtered, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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