Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Slovakia - 2024
Contents:
- Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Slovakia (CIF) - 2022
- Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Slovakia (FOB) - 2022
- Imports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Slovakia
- Exports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Slovakia
Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Slovakia (CIF) - 2022
In 2022, the average import price for powdered sweetened milk and cream of fat weight content over 1.5% amounted to $2,721 per ton, reducing by -11.1% against the previous year. Over the period under review, the import price continues to indicate a perceptible shrinkage. The pace of growth was the most pronounced in 2017 when the average import price increased by 35% against the previous year. Over the period under review, average import prices attained the maximum at $6,301 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
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 Czech Republic ($3,034 per ton), while the price for Denmark totaled $1,534 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (-1.0%).
Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Slovakia (FOB) - 2022
The average export price for powdered sweetened milk and cream of fat weight content over 1.5% stood at $11,901 per ton in 2022, dropping by -22.1% against the previous year. Overall, the export price, however, posted a strong increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by 304% against the previous year. The export price peaked at $15,269 per ton in 2021, and then fell rapidly in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($14,411 per ton), while the average price for exports to Poland stood at $4,642 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+9.0%).
Imports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Slovakia
In 2022, approx. 2.3K tons of powdered sweetened milk and cream of fat weight content over 1.5% were imported into Slovakia; growing by 29% on the previous year. In general, imports posted significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 379%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of powdered sweetened milk and cream of fat weight content over 1.5% expanded markedly to $6.2M in 2022. Over the period under review, imports saw a resilient expansion. The pace of growth appeared the most rapid in 2021 with an increase of 132%. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the near future.
| Import of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 1.5 | 1.9 | 3.9 | 5.3 | 52.3% |
| Denmark | N/A | 0.1 | 1.0 | 0.8 | 182.8% |
| Germany | 0.2 | 0.4 | 0.4 | 0.1 | -20.6% |
| Poland | 0.3 | N/A | N/A | N/A | 0% |
| Others | 3.4 | N/A | N/A | N/A | 0% |
| Total | 5.3 | 2.3 | 5.4 | 6.2 | 5.4% |
Top Suppliers of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% to Slovakia in 2022:
- Czech Republic (1755.1 tons)
- Denmark (499.9 tons)
- Germany (4.3 tons)
- Poland (3.3 tons)
Exports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Slovakia
In 2022, exports of powdered sweetened milk and cream of fat weight content over 1.5% from Slovakia skyrocketed to 73 tons, rising by 55% on the year before. Over the period under review, exports, however, recorded a abrupt decline.
In value terms, exports of powdered sweetened milk and cream of fat weight content over 1.5% soared to $869K in 2022. Overall, exports, however, recorded a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 112%.
| Export of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 297 | 337 | 718 | 776 | 37.7% |
| Poland | 540 | 1.0 | 1.0 | 83.9 | -46.2% |
| Others | 837 | 1.4 | 1.0 | 8.8 | -78.1% |
| Total | 1,673 | 339 | 720 | 869 | -19.6% |
Top Export Markets for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% from Slovakia in 2022:
- Czech Republic (53.9 tons)
- Poland (18.1 tons)
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