Czech Republic: Market for Powdered, Condensed Or Evaporated Milk 2024

Market Size for Powdered, Condensed Or Evaporated Milk in the Czech Republic

For the third year in a row, the Czech market for powdered, condensed or evaporated milk recorded growth in sales value, which increased by X% to $X in 2022. Overall, consumption, however, recorded a mild decrease. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Production of Powdered, Condensed Or Evaporated Milk in the Czech Republic

In value terms, powdered, condensed or evaporated milk production rose slightly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Exports of Powdered, Condensed Or Evaporated Milk

Exports from the Czech Republic

In 2022, shipments abroad of powdered, condensed or evaporated milk decreased by X% to X tons, falling for the sixth consecutive year after three years of growth. In general, exports saw a noticeable descent. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, powdered, condensed or evaporated milk exports expanded markedly to $X in 2022. Overall, exports recorded a slight reduction. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Slovakia (X tons), Bangladesh (X tons) and Lebanon (X tons) were the main destinations of powdered, condensed or evaporated milk exports from the Czech Republic, together accounting for X% of total exports. Poland, Thailand, the Netherlands, Serbia, Croatia, North Macedonia, Hungary, Germany, Romania and Cuba lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Romania (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for powdered, condensed or evaporated milk exported from the Czech Republic were Bangladesh ($X), Slovakia ($X) and Lebanon ($X), with a combined X% share of total exports. Poland, Thailand, the Netherlands, Serbia, North Macedonia, Hungary, Croatia, Germany, Cuba and Romania lagged somewhat behind, together comprising a further X%.

Romania, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for powdered, condensed or evaporated milk amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, powdered, condensed or evaporated milk export price increased by X% against 2016 indices. The pace of growth appeared the most rapid in 2013 an increase of X%. As a result, the export price attained the peak level of $X per ton; afterwards, it flattened through to 2022.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Lebanon ($X per ton), while the average price for exports to Germany ($X 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 Hungary (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Powdered, Condensed Or Evaporated Milk

Imports into the Czech Republic

Powdered, condensed or evaporated milk imports into the Czech Republic shrank notably to X tons in 2022, with a decrease of X% compared with the previous year's figure. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, powdered, condensed or evaporated milk imports amounted to $X in 2022. In general, imports, however, showed strong growth. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of powdered, condensed or evaporated milk to the Czech Republic, with a X% share of total imports. Moreover, powdered, condensed or evaporated milk imports from Germany exceeded the figures recorded by the second-largest supplier, Poland (X tons), twofold. Slovakia (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and Slovakia (X% per year).

In value terms, Germany ($X), the UK ($X) and Poland ($X) constituted the largest powdered, condensed or evaporated milk suppliers to the Czech Republic, together comprising X% of total imports.

In terms of the main suppliers, the UK, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for powdered, condensed or evaporated milk amounted to $X per ton, jumping by X% against the previous year. Over the period under review, the import price posted a buoyant expansion. 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 UK ($X per ton), while the price for France ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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