Croatia - Buttermilk And Buttermilk Powder - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Buttermilk and Buttermilk Powder in Croatia - 2023
Contents:
- Price for Buttermilk and Buttermilk Powder in Croatia (FOB) - 2023
- Price for Buttermilk and Buttermilk Powder in Croatia (CIF) - 2023
- Exports of Buttermilk and Buttermilk Powder in Croatia
- Imports of Buttermilk and Buttermilk Powder in Croatia
Price for Buttermilk and Buttermilk Powder in Croatia (FOB) - 2023
In August 2023, the average buttermilk and buttermilk powder export price amounted to $1,536 per ton, leveling off at the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.8%. The pace of growth appeared the most rapid in December 2022 when the average export price increased by 10% m-o-m. Over the period under review, the average export prices attained the peak figure at $1,608 per ton in February 2023; however, from March 2023 to August 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In August 2023, the country with the highest price was Sweden ($2,999 per ton), while the average price for exports to Serbia ($1,138 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Buttermilk and Buttermilk Powder in Croatia (CIF) - 2023
In August 2023, the average buttermilk and buttermilk powder import price amounted to $1,669 per ton, approximately reflecting the previous month. Over the last twelve months, it increased at an average monthly rate of +2.4%. The growth pace was the most rapid in November 2022 when the average import price increased by 6% m-o-m. The import price peaked at $1,707 per ton in June 2023; afterwards, it flattened through to August 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($2,162 per ton), while the price for Bosnia and Herzegovina ($1,334 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Serbia (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Buttermilk and Buttermilk Powder in Croatia
In 2022, approx. 9.2K tons of buttermilk and buttermilk powder were exported from Croatia; increasing by 7.7% on 2021 figures. The total export volume increased at an average annual rate of +10.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 17%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in years to come.
In value terms, buttermilk and buttermilk powder exports surged to $12M in 2022. The total export value increased at an average annual rate of +11.5% over the period from 2019 to 2022; however, 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 Buttermilk and Buttermilk Powder in Croatia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1.1 | 1.3 | 2.1 | 3.0 | 39.7% |
| Slovenia | 2.4 | 2.5 | 2.4 | 3.0 | 7.7% |
| Bosnia and Herzegovina | 2.0 | 2.0 | 2.1 | 2.2 | 3.2% |
| Spain | 0.6 | 0.6 | 0.7 | 0.9 | 14.5% |
| Sweden | 1.1 | 1.1 | 1.0 | 0.8 | -10.1% |
| Serbia | 0.5 | 0.4 | 0.3 | 0.5 | 0.0% |
| Montenegro | 0.4 | 0.3 | 0.3 | 0.3 | -9.1% |
| Others | 0.3 | 0.6 | 0.7 | 0.8 | 38.7% |
| Total | 8.3 | 8.8 | 9.7 | 11.5 | 11.5% |
Top Export Markets for Buttermilk and Buttermilk Powder from Croatia in 2022:
- Italy (2.9K tons)
- Slovenia (2.2K tons)
- Bosnia and Herzegovina (1.4K tons)
- Spain (0.9K tons)
- Serbia (0.5K tons)
- Sweden (0.4K tons)
- Montenegro (0.3K tons)
Imports of Buttermilk and Buttermilk Powder in Croatia
In 2022, after three years of growth, there was significant decline in supplies from abroad of buttermilk and buttermilk powder, when their volume decreased by -14.5% to 5.9K tons. The total import volume increased at an average annual rate of +8.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 33%. As a result, imports reached the peak of 6.9K tons, and then reduced in the following year.
In value terms, buttermilk and buttermilk powder imports reduced to $7.1M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +10.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +33.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 41%. As a result, imports reached the peak of $7.6M, and then shrank in the following year.
| Import of Buttermilk and Buttermilk Powder in Croatia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bosnia and Herzegovina | 1.9 | 2.3 | 3.6 | 2.7 | 12.4% |
| Germany | 2.4 | 1.9 | 2.4 | 2.5 | 1.4% |
| Slovenia | 0.6 | 0.8 | 1.1 | 1.2 | 26.0% |
| Hungary | 0.3 | 0.2 | 0.3 | 0.3 | 0.0% |
| Serbia | N/A | N/A | N/A | 0.2 | 0% |
| Others | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
| Total | 5.3 | 5.4 | 7.6 | 7.1 | 10.2% |
Top Suppliers of Buttermilk and Buttermilk Powder to Croatia in 2022:
- Bosnia and Herzegovina (2873.7 tons)
- Germany (1421.2 tons)
- Slovenia (905.7 tons)
- Serbia (352.4 tons)
- Hungary (277.1 tons)
This report provides an in-depth analysis of the market for buttermilk and buttermilk powder 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 893 - Buttermilk, Curdled Milk, Acidified 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:
- 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
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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
- 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 VOLUME AND VALUE
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
- 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
- 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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