
Croatia - Evaporated And Condensed Milk - Market Analysis, Forecast, Size, Trends and Insights
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Croatia: Overview of the Market for Evaporated And Condensed Milk 2021
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Market Size for Evaporated And Condensed Milk in Croatia
In 2019, after three years of growth, there was significant decline in the Croatian evaporated and condensed milk market, when its value decreased by -X% to $X. Overall, consumption showed a deep downturn. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. As a result, consumption attained the peak level of $X. From 2011 to 2019, the growth of the market remained at a lower figure.
Production of Evaporated And Condensed Milk in Croatia
In value terms, evaporated and condensed milk production reduced slightly to $X in 2019 estimated in export prices. In general, production continues to indicate a noticeable decline. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2008; however, from 2009 to 2019, production remained at a lower figure.
Exports of Evaporated And Condensed Milk
Exports from Croatia
In 2019, after two years of decline, there was significant growth in overseas shipments of evaporated and condensed milk, when their volume increased by X% to X tonnes. Over the period under review, exports, however, continue to indicate a perceptible slump. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Over the period under review, exports hit record highs at X tonnes in 2012; however, from 2013 to 2019, exports failed to regain the momentum.
In value terms, evaporated and condensed milk exports shrank modestly to $X in 2019. In general, exports, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2011 when exports increased by X% against the previous year. Exports peaked at $X in 2007; however, from 2008 to 2019, exports remained at a lower figure.
Exports by Country
Slovenia (X tonnes) was the main destination for evaporated and condensed milk exports from Croatia, with a X% share of total exports. Moreover, evaporated and condensed milk exports to Slovenia exceeded the volume sent to the second major destination, Romania (X tonnes), sixfold.
From 2007 to 2019, the average annual growth rate of volume to Slovenia stood at +X%.
In value terms, Slovenia ($X) remains the key foreign market for evaporated and condensed milk exports from Croatia, comprising X% of total exports. The second position in the ranking was occupied by Romania ($X), with a X% share of total exports.
From 2007 to 2019, the average annual growth rate of value to Slovenia totaled +X%.
Export Prices by Country
In 2019, the average evaporated and condensed milk export price amounted to $X per tonne, declining by -X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of X% year-to-year. As a result, export price reached the peak level of $X per tonne, and then contracted notably in the following year.
Prices varied noticeably by the country of destination; the country with the highest price was Slovenia ($X per tonne), while the average price for exports to Romania stood at $X per tonne.
From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia.
Imports of Evaporated And Condensed Milk
Imports into Croatia
After two years of growth, overseas purchases of evaporated and condensed milk decreased by -X% to X tonnes in 2019. Over the period under review, imports continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2010 when imports increased by X% against the previous year. As a result, imports attained the peak of X tonnes. From 2011 to 2019, the growth imports failed to regain the momentum.
In value terms, evaporated and condensed milk imports declined to $X in 2019. Overall, imports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2010 when imports increased by X% year-to-year. As a result, imports reached the peak of $X. From 2011 to 2019, the growth imports remained at a lower figure.
Imports by Country
In 2019, Germany (X tonnes) constituted the largest evaporated and condensed milk supplier to Croatia, accounting for a X% share of total imports. Moreover, evaporated and condensed milk imports from Germany exceeded the figures recorded by the second-largest supplier, Poland (X tonnes), more than tenfold.
From 2007 to 2019, the average annual rate of growth in terms of volume from Germany amounted to +X%.
In value terms, Germany ($X) constituted the largest supplier of evaporated and condensed milk to Croatia, comprising X% of total imports. The second position in the ranking was occupied by Poland ($X), with a X% share of total imports.
From 2007 to 2019, the average annual growth rate of value from Germany amounted to +X%.
Import Prices by Country
In 2019, the average evaporated and condensed milk import price amounted to $X per tonne, therefore, remained relatively stable against the previous year. Over the period under review, the import price, however, continues to indicate a deep reduction. The growth pace was the most rapid in 2016 an increase of X% y-o-y. The import price peaked at $X per tonne in 2008; however, from 2009 to 2019, import prices failed to regain the momentum.
Prices varied noticeably by the country of origin; the country with the highest price was Poland ($X per tonne), while the price for Germany totaled $X per tonne.
From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Poland.
Source: IndexBox AI Platform
Frequently Asked Questions (FAQ) :
What are the largest markets for evaporated and condensed milk in the world?+
The countries with the highest volumes of evaporated and condensed milk consumption in 2019 were the U.S. (984K tonnes), Peru (594K tonnes) and Singapore (331K tonnes), with a combined 33% share of global consumption. The Netherlands, France, Belgium, Mexico, Russia, Germany, China, the United Arab Emirates, Saudi Arabia and Greece lagged somewhat behind, together comprising a further 32%.
What are the largest producers of evaporated and condensed milk in the world?+
The countries with the highest volumes of evaporated and condensed milk production in 2019 were the U.S. (967K tonnes), Peru (682K tonnes) and the Netherlands (424K tonnes), together accounting for 39% of global production. These countries were followed by Germany, Saudi Arabia, Singapore, France, Malaysia, Mexico, Russia, Belarus, China and Thailand, which together accounted for a further 41%.
What are the leading suppliers of evaporated and condensed milk to Croatia?+
In value terms, Germany ($1.8M) constituted the largest supplier of evaporated and condensed milk to Croatia, comprising 83% of total imports. The second position in the ranking was occupied by Poland ($180K), with a 8.2% share of total imports.
What are the leading importers of evaporated and condensed milk from Croatia?+
In value terms, Slovenia ($33K) remains the key foreign market for evaporated and condensed milk exports from Croatia, comprising 91% of total exports. The second position in the ranking was occupied by Romania ($2.9K), with a 8.1% share of total exports.
What is the average export price for evaporated and condensed milk in Croatia?+
In 2019, the average evaporated and condensed milk export price amounted to $2,418 per tonne, with a decrease of -24.8% against the previous year.
What is the average import price for evaporated and condensed milk in Croatia?+
The average evaporated and condensed milk import price stood at $705 per tonne in 2019, approximately equating the previous year.
This report provides an in-depth analysis of the market for 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 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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