Austria - Condensed Or Evaporated Milk (Sweetened) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Austria - Condensed Or Evaporated Milk (Sweetened) - Market Analysis, Forecast, Size, Trends And Insights

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Price for Sweetened Condensed and Evaporated Milk in Austria - 2023

Contents:

  1. Price for Sweetened Condensed and Evaporated Milk in Austria (FOB) - 2023
  2. Price for Sweetened Condensed and Evaporated Milk in Austria (CIF) - 2023
  3. Exports of Sweetened Condensed and Evaporated Milk in Austria
  4. Imports of Sweetened Condensed and Evaporated Milk in Austria

Price for Sweetened Condensed and Evaporated Milk in Austria (FOB) - 2023

The average export price for condensed or evaporated milk (sweetened) stood at $1,408 per ton in June 2023, shrinking by -1.5% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.1%. The pace of growth appeared the most rapid in December 2022 an increase of 8.7% m-o-m. Over the period under review, the average export prices hit record highs at $1,484 per ton in January 2023; however, from February 2023 to June 2023, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Italy.

From June 2022 to June 2023, the rate of growth in terms of prices for Italy amounted to +1.9% per month.

Price for Sweetened Condensed and Evaporated Milk in Austria (CIF) - 2023

In May 2023, the average import price for condensed or evaporated milk (sweetened) amounted to $2,540 per ton, shrinking by -45.9% against the previous month. In general, the import price saw a pronounced curtailment. The growth pace was the most rapid in January 2023 when the average import price increased by 92% against the previous month. The import price peaked at $4,696 per ton in April 2023, and then shrank significantly in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($4,892 per ton), while the price for Croatia ($1,622 per ton) was amongst the lowest.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Croatia (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Sweetened Condensed and Evaporated Milk in Austria

In 2022, the amount of condensed or evaporated milk (sweetened) exported from Austria soared to 6.2K tons, jumping by 101% against 2021. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 212% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, sweetened condensed and evaporated milk exports soared to $7.8M in 2022. In general, exports posted significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 85% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

Export of Sweetened Condensed and Evaporated Milk in Austria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/A3.34.66.439.3%
Germany1.80.31.31.0-17.8%
GreeceN/A0.10.10.10.0%
Others0.20.10.20.314.5%
Total2.13.96.17.854.9%

Top Export Markets for Sweetened Condensed and Evaporated Milk from Austria in 2022:

  1. Italy (5.7K tons)
  2. Germany (0.3K tons)
  3. Greece (0.1K tons)

Imports of Sweetened Condensed and Evaporated Milk in Austria

Sweetened condensed and evaporated milk imports into Austria shrank markedly to 1.1K tons in 2022, declining by -32.4% on 2021. Over the period under review, imports saw a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 63%.

In value terms, sweetened condensed and evaporated milk imports fell notably to $2.5M in 2022. In general, imports saw a abrupt descent. The pace of growth was the most pronounced in 2021 when imports increased by 22%.

Import of Sweetened Condensed and Evaporated Milk in Austria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2,6612,3592,980981-28.3%
Belgium25.040.914.1675200.0%
CroatiaN/A1.31024211699.6%
Netherlands15119261.0148-0.7%
Spain286229289110-27.3%
France83.417.653.353.7-13.6%
Italy1,28419.348.030.5-71.3%
Thailand21311457.9N/A-47.9%
Others92.455.390.258.6-14.1%
Total4,7953,0283,6942,478-19.8%

Top Suppliers of Sweetened Condensed and Evaporated Milk to Austria in 2022:

  1. Germany (505.6 tons)
  2. Croatia (307.1 tons)
  3. Belgium (143.3 tons)
  4. Netherlands (51.8 tons)
  5. Spain (36.9 tons)
  6. France (30.4 tons)
  7. Italy (18.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for sweetened condensed and evaporated milk in Austria. 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 889 - Whole Milk, Condensed
  • FCL 896 - Skim Milk, Condensed

Country coverage:

  • Austria

Data coverage:

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