
Czech Republic - Milk - Market Analysis, Forecast, Size, Trends and Insights
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Czech Republic: Milk Market Overview 2020
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Milk Market Size in the Czech Republic
The revenue of the milk market in the Czech Republic amounted to $X in 2018, waning by -X% against the previous year. Over the period under review, milk consumption continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Milk consumption peaked at $X in 2007; however, from 2008 to 2018, consumption failed to regain its momentum.
Milk Production in the Czech Republic
In value terms, milk production totaled $X in 2018 estimated in export prices. Overall, milk production continues to indicate a moderate descent. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Over the period under review, milk production attained its peak figure level at $X in 2014; however, from 2015 to 2018, production stood at a somewhat lower figure.
Average yield of milk in the Czech Republic stood at X tonne per head in 2018, approximately reflecting the previous year. In general, the milk yield continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. Milk yield peaked at X tonne per head in 2007; however, from 2008 to 2018, yield stood at a somewhat lower figure.
In 2018, approx. X heads of producing animals were grown in the Czech Republic; remaining constant against the previous year. Over the period under review, the number of animals for milk production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. Over the period under review, this number attained its maximum level in 2018 and is likely to see steady growth in the immediate term.
Milk Exports
Exports from the Czech Republic
In 2018, the milk exports from the Czech Republic amounted to X tonnes, surging by X% against the previous year. In general, the total exports indicated a pronounced expansion from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, milk exports increased by +X% against 2012 indices. The pace of growth appeared the most rapid in 2012 when exports increased by X% y-o-y. Over the period under review, milk exports attained their peak figure in 2018 and are likely to see steady growth in the immediate term.
In value terms, milk exports totaled $X in 2018. The total export value increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The pace of growth was the most pronounced in 2017 when exports increased by X% year-to-year. Over the period under review, milk exports attained their maximum at $X in 2014; however, from 2015 to 2018, exports remained at a lower figure.
Exports by Country
Germany (X tonnes) was the main destination for milk exports from the Czech Republic, accounting for a X% share of total exports. Moreover, milk exports to Germany exceeded the volume sent to the second major destination, Slovakia (X tonnes), sevenfold. Italy (X tonnes) ranked third in terms of total exports with a X% share.
From 2007 to 2018, the average annual rate of growth in terms of volume to Germany stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+X% per year) and Italy (+X% per year).
In value terms, Germany ($X) remains the key foreign market for milk exports from the Czech Republic, comprising X% of total milk exports. The second position in the ranking was occupied by Slovakia ($X), with a X% share of total exports. It was followed by Italy, with a X% share.
From 2007 to 2018, the average annual growth rate of value to Germany totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+X% per year) and Italy (+X% per year).
Export Prices by Country
The average milk export price stood at $X per tonne in 2018, flattening at the previous year. Over the period under review, the milk export price, however, continues to indicate a slight contraction. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The export price peaked at $X per tonne in 2008; however, from 2009 to 2018, export prices failed to regain their momentum.
Average prices varied somewhat for the major foreign markets. In 2018, the highest prices were recorded for prices to Romania ($X per tonne) and Slovakia ($X per tonne), while the average price for exports to Germany ($X per tonne) and Hungary ($X per tonne) were amongst the lowest.
From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia, while the prices for the other major destinations experienced a decline.
Milk Imports
Imports into the Czech Republic
In 2018, the milk imports into the Czech Republic amounted to X tonnes, lowering by -X% against the previous year. In general, milk imports continue to indicate a deep reduction. The growth pace was the most rapid in 2012 when imports increased by X% year-to-year. Over the period under review, milk imports attained their maximum at X tonnes in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.
In value terms, milk imports totaled $X in 2018. In general, milk imports continue to indicate an abrupt deduction. The growth pace was the most rapid in 2008 when imports increased by X% y-o-y. In that year, milk imports reached their peak of $X. From 2009 to 2018, the growth of milk imports remained at a somewhat lower figure.
Imports by Country
Germany (X tonnes), Slovakia (X tonnes) and Poland (X tonnes) were the main suppliers of milk imports to the Czech Republic, with a combined X% share of total imports. These countries were followed by Hungary, Belgium, Lithuania and Austria, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Belgium, while the other leaders experienced more modest paces of growth.
In value terms, the largest milk suppliers to the Czech Republic were Germany ($X), Poland ($X) and Slovakia ($X), together comprising X% of total imports. Lithuania, Belgium, Hungary and Austria lagged somewhat behind, together comprising a further X terms of the main suppliers, Belgium experienced the highest growth rate of imports, over the last eleven years, while the other leaders experienced more modest paces of growth.
Import Prices by Country
The average milk import price stood at $X per tonne in 2018, falling by -X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% year-to-year. The import price peaked at $X per tonne in 2011; however, from 2012 to 2018, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin; the country with the highest price was Poland ($X per tonne), while the price for Hungary ($X per tonne) was amongst the lowest.
From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Lithuania, while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox AI Platform
This report provides an in-depth analysis of the milk market in the Czech Republic. 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.
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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