Czech Republic - Dried Milk - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Czech Republic - Dried Milk - Market Analysis, Forecast, Size, Trends and Insights

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Powdered Milk Price in the Czech Republic - 2023

Contents:

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

Powdered Milk Price in the Czech Republic (FOB) - 2023

In July 2023, the average powdered milk export price amounted to $3,464 per ton, dropping by -3.4% against the previous month. Over the period under review, the export price saw a perceptible decrease. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 13% m-o-m. The export price peaked at $4,606 per ton in July 2022; however, from August 2022 to July 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was Poland ($5,435 per ton), while the average price for exports to Croatia ($1,484 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+1.4%), while the prices for the other major destinations experienced a decline.

Powdered Milk Price in the Czech Republic (CIF) - 2022

The average powdered milk import price stood at $5,050 per ton in 2022, picking up by 16% against the previous year. Over the period under review, the import price saw a strong increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by 42% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($11,425 per ton), while the price for France ($3,425 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Powdered Milk Exports in the Czech Republic

In 2022, shipments abroad of powdered milk was finally on the rise to reach 23K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a pronounced downturn.

In value terms, powdered milk exports soared to $93M in 2022. The total export value increased at an average annual rate of +7.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Powdered Milk in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bangladesh18.516.017.617.1-2.6%
Slovakia9.87.39.111.24.6%
Lebanon10.38.36.98.8-5.1%
Thailand4.34.85.07.419.8%
Poland3.13.03.97.333.0%
Netherlands0.12.33.76.5302.1%
Serbia2.93.74.05.120.7%
North Macedonia0.91.51.74.064.4%
Croatia2.83.75.23.79.7%
Hungary4.23.43.73.6-5.0%
Germany0.50.51.32.161.3%
Albania0.30.90.51.571.0%
Romania2.02.31.41.2-15.7%
Others15.110.311.213.9-2.7%
Total74.868.175.293.57.7%

Top Export Markets for Powdered Milk from the Czech Republic in 2022:

  1. Bangladesh (4.4K tons)
  2. Slovakia (2.6K tons)
  3. Lebanon (2.1K tons)
  4. Poland (1.8K tons)
  5. Thailand (1.8K tons)
  6. Netherlands (1.7K tons)
  7. Croatia (1.4K tons)
  8. Serbia (1.1K tons)
  9. North Macedonia (1.0K tons)
  10. Hungary (0.8K tons)
  11. Romania (0.5K tons)
  12. Germany (0.5K tons)
  13. Albania (0.4K tons)

Powdered Milk Imports in the Czech Republic

Powdered milk imports into the Czech Republic skyrocketed to 5.3K tons in 2022, picking up by 20% compared with the previous year. Over the period under review, imports, however, saw a deep contraction.

In value terms, powdered milk imports skyrocketed to $27M in 2022. Overall, imports saw strong growth. The pace of growth was the most pronounced in 2021 with an increase of 41% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Import of Powdered Milk in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/A0.15.28.0794.4%
Netherlands2.11.71.64.831.7%
Poland6.53.53.84.4-12.2%
Slovakia0.61.12.23.376.5%
Germany2.71.92.02.1-8.0%
France2.63.52.51.5-16.8%
Spain0.40.80.91.140.1%
Belgium0.70.10.2N/A-46.5%
Others1.10.90.71.510.9%
Total16.713.519.126.716.9%

Top Suppliers of Powdered Milk to the Czech Republic in 2022:

  1. Netherlands (1225.7 tons)
  2. Poland (1088.3 tons)
  3. Slovakia (886.3 tons)
  4. United Kingdom (703.9 tons)
  5. Germany (516.9 tons)
  6. France (435.7 tons)
  7. Spain (248.6 tons)
  8. Belgium (0.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the powdered milk market in the Czech Republic. 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:

  • Czech Republic

Data coverage:

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