Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Slovakia - 2024
Contents:
- Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Slovakia (CIF) - 2023
- Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Slovakia (FOB) - 2022
- Imports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Slovakia
- Exports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Slovakia
Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Slovakia (CIF) - 2023
In December 2023, the average import price for powdered unsweetened milk and cream of fat weight content over 1.5% amounted to $2,399 per ton, waning by -33.2% against the previous month. In general, the import price saw a deep reduction. The pace of growth appeared the most rapid in August 2023 an increase of 91% m-o-m. The import price peaked at $5,082 per ton in May 2023; however, from June 2023 to December 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Belgium ($7,682 per ton), while the price for Italy ($341 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Germany (+11.0%), while the prices for the other major suppliers experienced a decline.
Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Slovakia (FOB) - 2022
In 2022, the average export price for powdered unsweetened milk and cream of fat weight content over 1.5% amounted to $5,587 per ton, rising by 47% against the previous year. In general, the export price, however, recorded a perceptible decline. Over the period under review, the average export prices hit record highs at $9,144 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the Czech Republic ($5,665 per ton) and North Macedonia ($5,498 per ton), while the average price for exports to Bulgaria ($4,815 per ton) and Hungary ($5,009 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+16.7%), 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 Slovakia
In 2022, the amount of powdered unsweetened milk and cream of fat weight content over 1.5% imported into Slovakia fell to 1.3K tons, remaining relatively unchanged against the year before. In general, imports faced a dramatic downturn.
In value terms, imports of powdered unsweetened milk and cream of fat weight content over 1.5% skyrocketed to $5.6M in 2022. Over the period under review, imports faced a precipitous decline.
| Import of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 4,921 | 4,619 | 3,733 | 4,665 | -1.8% |
| Germany | 277 | 203 | 265 | 229 | -6.1% |
| France | 5.0 | N/A | 158 | 212 | 248.7% |
| Hungary | 54.4 | 110 | 59.4 | 66.8 | 7.1% |
| Italy | 42.6 | 35.5 | 39.6 | 66.0 | 15.7% |
| Poland | 13.3 | 9.4 | 8.3 | 56.3 | 61.8% |
| Denmark | 348 | 267 | 304 | 50.4 | -47.5% |
| Others | 5,878 | 153 | 146 | 225 | -66.3% |
| Total | 11,539 | 5,396 | 4,713 | 5,570 | -21.6% |
Top Suppliers of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% to Slovakia in 2022:
- Czech Republic (891.0 tons)
- Italy (212.0 tons)
- France (84.0 tons)
- Germany (54.2 tons)
- Hungary (21.6 tons)
- Poland (20.4 tons)
- Denmark (20.0 tons)
Exports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Slovakia
In 2022, approx. 239 tons of powdered unsweetened milk and cream of fat weight content over 1.5% were exported from Slovakia; with a decrease of -44.9% on 2021 figures. In general, exports continue to indicate a precipitous curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 114%.
In value terms, exports of powdered unsweetened milk and cream of fat weight content over 1.5% dropped dramatically to $1.3M in 2022. Overall, exports continue to indicate a perceptible slump. The pace of growth was the most pronounced in 2021 when exports increased by 151% against the previous year. As a result, the exports reached the peak of $1.6M, and then contracted sharply in the following year.
| Export of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 371 | 351 | 374 | 857 | 32.2% |
| North Macedonia | 159 | 160 | 117 | 417 | 37.9% |
| Hungary | 16.6 | 16.8 | 121 | 37.7 | 31.4% |
| Poland | 114 | 6.3 | 968 | N/A | 191.4% |
| Romania | 55.1 | 68.4 | 53.8 | N/A | -1.2% |
| Others | 757 | 54.8 | 13.4 | 24.7 | -68.0% |
| Total | 1,473 | 657 | 1,647 | 1,337 | -3.2% |
Top Export Markets for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% from Slovakia in 2022:
- Czech Republic (151.3 tons)
- North Macedonia (75.9 tons)
- Hungary (7.5 tons)
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