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

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

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Price for Powdered, Evaporated and Condensed Milk in Croatia - 2023

Contents:

  1. Price for Powdered, Evaporated and Condensed Milk in Croatia (CIF) - 2022
  2. Price for Powdered, Evaporated and Condensed Milk in Croatia (FOB) - 2022
  3. Imports of Powdered, Evaporated and Condensed Milk in Croatia
  4. Exports of Powdered, Evaporated and Condensed Milk in Croatia

Price for Powdered, Evaporated and Condensed Milk in Croatia (CIF) - 2022

The average import price for powdered, evaporated and condensed milk stood at $3,169 per ton in 2022, jumping by 32% against the previous year. In general, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, powdered, evaporated and condensed milk import price increased by +93.5% against 2018 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($4,422 per ton), while the price for Germany ($2,039 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Powdered, Evaporated and Condensed Milk in Croatia (FOB) - 2022

The average export price for powdered, evaporated and condensed milk stood at $3,708 per ton in 2022, growing by 26% against the previous year. Over the period under review, the export price continues to indicate a modest expansion. The pace of growth was the most pronounced in 2017 when the average export price increased by 69% against the previous year. Over the period under review, the average export prices hit record highs at $7,284 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 external markets. In 2022, amid the top suppliers, the country with the highest price was North Macedonia ($5,253 per ton), while the average price for exports to Romania ($2,540 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.

Imports of Powdered, Evaporated and Condensed Milk in Croatia

In 2022, approx. 8.2K tons of powdered, evaporated and condensed milk were imported into Croatia; reducing by -6.3% compared with the year before. Over the period under review, imports recorded a noticeable setback. The pace of growth appeared the most rapid in 2021 when imports increased by 9.7%.

In value terms, powdered, evaporated and condensed milk imports surged to $26M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +16.2% 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 +56.8% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 26%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Powdered, Evaporated and Condensed Milk in Croatia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland7.63.96.37.91.3%
Germany3.76.05.55.916.8%
Czech Republic1.83.75.33.727.1%
Netherlands1.30.31.03.437.8%
Belgium1.61.20.91.72.0%
France0.10.40.41.2128.9%
Slovenia0.10.30.51.0115.4%
Others0.30.81.11.363.0%
Total16.616.621.026.016.1%

Top Suppliers of Powdered, Evaporated and Condensed Milk to Croatia in 2022:

  1. Germany (2.9K tons)
  2. Poland (2.0K tons)
  3. Netherlands (0.9K tons)
  4. Czech Republic (0.8K tons)
  5. France (0.4K tons)
  6. Slovenia (0.4K tons)
  7. Belgium (0.4K tons)

Exports of Powdered, Evaporated and Condensed Milk in Croatia

In 2022, approx. 302 tons of powdered, evaporated and condensed milk were exported from Croatia; picking up by 68% against the year before. Overall, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, powdered, evaporated and condensed milk exports surged to $1.1M in 2022. In general, exports showed a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Powdered, Evaporated and Condensed Milk in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovenia15214332851149.8%
HungaryN/A66.0116394144.3%
Bosnia and Herzegovina5.719753.294.4154.9%
Romania0.5N/A3.046.7353.7%
SpainN/AN/A4.926.3436.7%
BulgariaN/AN/A2.215.3595.5%
Serbia63.5N/AN/A5.9-54.7%
Germany68.124.02.02.2-68.2%
Netherlands818N/AN/AN/A0%
Others9.422.018.622.634.0%
Total1,1174525281,1190.1%

Top Export Markets for Powdered, Evaporated and Condensed Milk from Croatia in 2022:

  1. Netherlands (undefined tons)
  2. Slovenia (154.1 tons)
  3. Hungary (86.6 tons)
  4. Bosnia and Herzegovina (22.5 tons)
  5. Romania (18.4 tons)
  6. Spain (9.1 tons)
  7. Bulgaria (4.8 tons)
  8. Serbia (0.9 tons)
  9. Germany (0.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for powdered, evaporated and condensed milk 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
  • FCL 889 - Whole Milk, Condensed
  • FCL 894 - Whole Milk, Evaporated
  • FCL 895 - Skim Milk, Evaporated
  • FCL 896 - Skim Milk, Condensed

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. TOP EXPORTING COUNTRIES
    4. 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 VOLUME AND VALUE
  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. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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