Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Croatia - 2023

Contents:

1. Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Croatia (CIF) - 2022
2. Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Croatia (FOB) - 2022
3. Imports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Croatia
4. Exports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Croatia

Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Croatia (CIF) - 2022

The average import price for powdered sweetened milk and cream of fat weight content over 1.5% stood at $2,442 per ton in 2022, dropping by -72.5% against the previous year. Over the period under review, the import price saw a perceptible shrinkage. The growth pace was the most rapid in 2019 an increase of 101%. As a result, import price reached the peak level of $11,865 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

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 Germany ($14,600 per ton), while the price for Hungary ($2,070 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+74.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Croatia (FOB) - 2022

In 2022, the average export price for powdered sweetened milk and cream of fat weight content over 1.5% amounted to $2,546 per ton, falling by -5.5% against the previous year. In general, the export price faced a sharp reduction. Over the period under review, the average export prices attained the peak figure at $15,402 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

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 Italy ($3,401 per ton), while the average price for exports to Slovenia totaled $1,397 per ton.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (-27.6%).

Imports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Croatia

In 2022, imports of powdered sweetened milk and cream of fat weight content over 1.5% into Croatia soared to 10 tons, rising by 237% compared with 2021 figures. In general, imports saw a noticeable expansion.

In value terms, imports of powdered sweetened milk and cream of fat weight content over 1.5% dropped to $25K in 2022. Over the period under review, imports, however, saw a precipitous setback.

Top Suppliers of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% to Croatia in 2022:

1. Hungary (7.4 tons)
2. Slovenia (2.6 tons)

Exports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Croatia

Exports of powdered sweetened milk and cream of fat weight content over 1.5% from Croatia totaled 535 kg in 2022, increasing by 5.3% compared with the previous year's figure. The total export volume increased at an average annual rate of +5.3% over the period from 2021 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of powdered sweetened milk and cream of fat weight content over 1.5% reduced modestly to $1.4K in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern.

Top Export Markets for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% from Croatia in 2022:

1. Italy (302.0 kg)
2. Slovenia (232.0 kg)

Source: IndexBox Market Intelligence Platform