Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Croatia - 2023
Contents:
- Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Croatia (CIF) - 2023
- Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Croatia (FOB) - 2022
- Imports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Croatia
- Exports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Croatia
Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Croatia (CIF) - 2023
The average import price for powdered unsweetened milk and cream of fat weight content over 1.5% stood at $4,722 per ton in December 2023, with an increase of 11% against the previous month. Overall, import price indicated a temperate expansion from December 2022 to December 2023: its price increased at an average monthly rate of +3.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, import price for powdered unsweetened milk and cream of fat weight content over 1.5% increased by +24.2% against October 2023 indices. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 103% month-to-month. As a result, import price reached the peak level of $6,041 per ton. From February 2023 to December 2023, the average import prices remained at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In December 2023, the highest price was recorded for prices from Poland ($6,082 per ton) and Slovenia ($5,707 per ton), while the price for the Netherlands ($4,206 per ton) and Hungary ($4,218 per ton) were amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Poland (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Croatia (FOB) - 2022
The average export price for powdered unsweetened milk and cream of fat weight content over 1.5% stood at $3,822 per ton in 2022, growing by 39% against the previous year. Over the period under review, the export price enjoyed modest growth. The pace of growth was the most pronounced in 2018 an increase of 100%. As a result, the export price reached the peak level of $9,235 per ton. From 2019 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was North Macedonia ($5,253 per ton), while the average price for exports to Romania ($2,668 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 Spain (+30.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Croatia
In 2022, imports of powdered unsweetened milk and cream of fat weight content over 1.5% into Croatia fell to 1.6K tons, shrinking by -6.5% compared with the year before. Over the period under review, imports recorded a sharp downturn. The growth pace was the most rapid in 2021 when imports increased by 11% against the previous year.
In value terms, imports of powdered unsweetened milk and cream of fat weight content over 1.5% skyrocketed to $7.3M in 2022. In general, imports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 22%.
| Import of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 3,009 | 1,449 | 2,727 | 2,192 | -10.0% |
| Czech Republic | 736 | 597 | 1,369 | 1,920 | 37.7% |
| Germany | 945 | 1,996 | 739 | 1,753 | 22.9% |
| Austria | 81.4 | 1.3 | 7.6 | 414 | 72.0% |
| Netherlands | 183 | 94.2 | 356 | 332 | 22.0% |
| Belgium | 433 | 319 | 172 | 232 | -18.8% |
| Slovenia | 97.1 | 279 | 289 | 155 | 16.9% |
| France | 141 | 198 | 158 | 97.5 | -11.6% |
| Others | 5,717 | 183 | 425 | 211 | -66.7% |
| Total | 11,343 | 5,117 | 6,243 | 7,307 | -13.6% |
Top Suppliers of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% to Croatia in 2022:
- Poland (497.7 tons)
- Czech Republic (395.4 tons)
- Germany (348.5 tons)
- Austria (104.4 tons)
- Netherlands (64.8 tons)
- Slovenia (44.6 tons)
- Belgium (44.2 tons)
- France (20.6 tons)
Exports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Croatia
In 2022, shipments abroad of powdered unsweetened milk and cream of fat weight content over 1.5% was finally on the rise to reach 87 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, faced a significant curtailment.
In value terms, exports of powdered unsweetened milk and cream of fat weight content over 1.5% soared to $333K in 2022. Overall, exports, however, showed a sharp setback.
| Export of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovenia | 74.5 | 88.4 | 57.1 | 107 | 12.8% |
| Hungary | N/A | N/A | N/A | 103 | 0% |
| Romania | N/A | N/A | N/A | 37.8 | 0% |
| Spain | N/A | N/A | 4.9 | 26.3 | 436.7% |
| Bosnia and Herzegovina | N/A | 24.0 | 16.5 | 22.3 | -3.6% |
| Bulgaria | N/A | N/A | N/A | 15.3 | 0% |
| North Macedonia | N/A | N/A | N/A | 13.1 | 0% |
| Germany | 68.0 | 1.8 | 2.0 | 1.5 | -72.0% |
| Israel | 3.8 | 15.1 | 4.1 | N/A | 3.9% |
| Netherlands | 818 | N/A | N/A | N/A | 0% |
| Others | 965 | 1.7 | 11.8 | 6.5 | -81.1% |
| Total | 1,929 | 131 | 96.3 | 333 | -44.3% |
Top Export Markets for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% from Croatia in 2022:
- Slovenia (27.5 tons)
- Hungary (23.2 tons)
- Romania (14.2 tons)
- Spain (9.1 tons)
- Bulgaria (4.8 tons)
- Bosnia and Herzegovina (4.5 tons)
- North Macedonia (2.5 tons)
- Germany (0.3 tons)
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