Serbia - Whole Fresh Milk - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWhole Fresh Milk Price in Serbia - 2023
Contents:
- Whole Fresh Milk Price in Serbia (CIF) - 2023
- Whole Fresh Milk Price in Serbia (FOB) - 2023
- Whole Fresh Milk Imports in Serbia
- Whole Fresh Milk Exports in Serbia
Whole Fresh Milk Price in Serbia (CIF) - 2023
The average whole fresh milk import price stood at $709 per ton in October 2023, almost unchanged from the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 an increase of 8.6% month-to-month. As a result, import price reached the peak level of $867 per ton. From April 2023 to October 2023, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In October 2023, the countries with the highest prices were Slovenia ($740 per ton) and Bosnia and Herzegovina ($723 per ton), while the price for Hungary ($544 per ton) and Croatia ($698 per ton) were amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Croatia (-0.0%), while the prices for the other major suppliers experienced a decline.
Whole Fresh Milk Price in Serbia (FOB) - 2023
The average whole fresh milk export price stood at $710 per ton in October 2023, surging by 4.6% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 15% against the previous month. Over the period under review, the average export prices attained the maximum at $945 per ton in December 2022; however, from January 2023 to October 2023, the export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In October 2023, the highest price was recorded for prices to Bulgaria ($811 per ton) and Bosnia and Herzegovina ($800 per ton), while the average price for exports to Albania ($555 per ton) and North Macedonia ($609 per ton) were amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+0.6%), while the prices for the other major destinations experienced mixed trend patterns.
Whole Fresh Milk Imports in Serbia
In 2022, whole fresh milk imports into Serbia soared to 42K tons, jumping by 33% compared with the previous year's figure. The total import volume increased at an average annual rate of +7.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, whole fresh milk imports soared to $29M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +16.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Whole Fresh Milk in Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bosnia and Herzegovina | 12.3 | 15.4 | 12.4 | 12.5 | 0.5% |
| Poland | 0.8 | 0.2 | N/A | 6.8 | 104.1% |
| Croatia | 3.0 | 3.0 | 2.7 | 4.7 | 16.1% |
| Hungary | 0.9 | 1.0 | 0.8 | 2.3 | 36.7% |
| Slovenia | 1.0 | 1.5 | 1.8 | 2.0 | 26.0% |
| Czech Republic | N/A | N/A | 0.1 | 0.8 | 700.0% |
| Others | 0.5 | 0.5 | 0.4 | 0.3 | -15.7% |
| Total | 18.5 | 21.7 | 18.2 | 29.4 | 16.7% |
Top Suppliers of Whole Fresh Milk to Serbia in 2022:
- Bosnia and Herzegovina (18.8K tons)
- Poland (8.2K tons)
- Croatia (7.1K tons)
- Hungary (3.8K tons)
- Slovenia (2.6K tons)
- Czech Republic (1.1K tons)
Whole Fresh Milk Exports in Serbia
For the third consecutive year, Serbia recorded decline in shipments abroad of whole fresh milk, which decreased by -17.9% to 26K tons in 2022. In general, exports recorded a dramatic decline. The smallest decline of -15.2% was in 2021.
In value terms, whole fresh milk exports expanded remarkably to $17M in 2022. Overall, exports saw a deep downturn.
| Export of Whole Fresh Milk in Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Montenegro | 4.2 | 2.9 | 6.5 | 6.4 | 15.1% |
| North Macedonia | 7.6 | 5.9 | 4.5 | 4.8 | -14.2% |
| Albania | 2.1 | 0.8 | 3.0 | 3.5 | 18.6% |
| Bulgaria | N/A | N/A | 0.2 | 1.7 | 750.0% |
| Bosnia and Herzegovina | 11.8 | 4.5 | 1.4 | 0.3 | -70.6% |
| Others | N/A | 0.7 | N/A | N/A | 0% |
| Total | 25.8 | 14.9 | 15.7 | 16.8 | -13.3% |
Top Export Markets for Whole Fresh Milk from Serbia in 2022:
- Montenegro (8.9K tons)
- North Macedonia (7.9K tons)
- Albania (5.9K tons)
- Bulgaria (2.5K tons)
- Bosnia and Herzegovina (0.5K tons)
This report provides an in-depth analysis of the whole fresh milk market in Serbia. 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 1130 - Camel milk
- FCL 882 - Cow milk, whole (fresh)
- FCL 1020 - Goat milk
- FCL 982 - Sheep milk
- FCL 951 - Buffalo milk
Country coverage:
- Serbia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Serbia
- 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
- COUNTRIES WITH TOP YIELDS
- 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, PRODUCING ANIMALS AND YIELD
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
- Yield 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
- Producing Animals Slaughtered, 2012–2023
- Yield, 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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This report provides an in-depth analysis of the whole fresh milk market in Serbia.
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This report provides an in-depth analysis of the milk market in Serbia.
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This report provides an in-depth analysis of the global whole fresh milk market.
3790
This report provides an in-depth analysis of the global milk market.
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This report provides an in-depth analysis of the global skim milk market.
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This report provides an in-depth analysis of the global cream fresh market.
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This report provides an in-depth analysis of the whole fresh milk market in Serbia.
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This report provides an in-depth analysis of the milk market in Serbia.
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Explore the top import markets for whole fresh milk and their import values. Germany, China, Netherlands, Belgium, Italy, and more lead the global market. Discover key statistics and insights using data from the IndexBox market intelligence platform.
971
The global whole fresh milk market is estimated at $798.4B in 2018, an increase of 1.7% from 2017.
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Explore the top import markets for milk based on the data provided by the IndexBox platform. Discover the countries with the highest import values for milk in 2022.
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From the shift towards plant-based alternatives to the growing demand for organic and sustainable milk products, the milk market is undergoing significant changes.
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The global milk market reduced to $778.1B in 2021, remaining constant against the previous year.
1379
Driven by increasing demand worldwide, the milk market is forecast to expand with an anticipated CAGR of +1.7% for the period from 2020 to 2030, which is projected to bring the market volume to 1.2B tons by the end of 2030.
1387
Germany dominated in the global milk trade in 2014. In 2014, Germany exported X thousand tons of milk totaling X million USD, X% over the previous year. Its primary trading partner was Italy, where it supplied X% of its total milk exports in
2172
Developing countries are expected to display positive dynamics in per capita consumption of dairy products, due to robust income growth, expanding populations and a further globalization of diets.
2045
Global cream fresh consumption amounted to X thousand tons in 2015, going up by +X% against the previous year level.
1500
Global cream fresh imports amounted to X thousand tons in 2015, standing approx. at the previous year level.
