Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Slovenia - 2024

Contents:

  1. Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Slovenia (CIF) - 2023
  2. Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Slovenia (FOB) - 2022
  3. Imports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Slovenia
  4. Exports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Slovenia

Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Slovenia (CIF) - 2023

In December 2023, the average import price for powdered unsweetened milk and cream of fat weight content over 1.5% amounted to $13,352 per ton, surging by 34% against the previous month. In general, the import price saw strong growth. The pace of growth was the most pronounced in November 2023 an increase of 86% against the previous month. The import price peaked in December 2023.

Average prices varied somewhat amongst the major supplying countries. In December 2023, the highest price was recorded for prices from Germany ($4,880 per ton) and Croatia ($4,637 per ton), while the price for the Netherlands ($3,719 per ton) and Italy ($4,635 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 Croatia (+5.8%), 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 Slovenia (FOB) - 2022

In 2022, the average export price for powdered unsweetened milk and cream of fat weight content over 1.5% amounted to $4,911 per ton, picking up by 37% against the previous year. Overall, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for powdered unsweetened milk and cream of fat weight content over 1.5% increased by +29.2% against 2019 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 ($7,667 per ton), while the average price for exports to North Macedonia ($3,500 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 Austria (+11.7%), 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 Slovenia

In 2022, approx. 238 tons of powdered unsweetened milk and cream of fat weight content over 1.5% were imported into Slovenia; declining by -61.3% against the previous year. In general, imports saw a sharp descent. The smallest decline of -22% was in 2021.

In value terms, imports of powdered unsweetened milk and cream of fat weight content over 1.5% dropped sharply to $1.3M in 2022. Over the period under review, imports recorded a significant decrease. The smallest decline of -18.8% was in 2021.

Import of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Slovenia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4643603325133.4%
Italy78.814610918432.7%
Croatia86.194.610518228.3%
Belgium2.6N/AN/A144281.2%
Austria24.217.721.810462.6%
France43.362.310386.826.1%
Czech Republic1,7421,7671,44929.2-74.4%
Netherlands1,0353901793.8-84.6%
Others3,6178.311.86.8-87.7%
Total7,0932,8452,3121,253-43.9%

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

  1. Germany (104.0 tons)
  2. Croatia (39.7 tons)
  3. Italy (31.8 tons)
  4. Belgium (23.0 tons)
  5. Austria (16.3 tons)
  6. France (15.0 tons)
  7. Czech Republic (5.4 tons)
  8. Netherlands (1.3 tons)

Exports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Slovenia

For the third consecutive year, Slovenia recorded decline in overseas shipments of powdered unsweetened milk and cream of fat weight content over 1.5%, which decreased by -24.9% to 17 tons in 2022. In general, exports recorded a sharp decrease.

In value terms, exports of powdered unsweetened milk and cream of fat weight content over 1.5% stood at $85K in 2022. Overall, exports showed a sharp setback.

Export of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Slovenia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bosnia and Herzegovina6.535.219.672.8123.7%
Austria0.20.90.26.4217.5%
Croatia96.811763.05.6-61.3%
Italy36.66.9N/AN/A-81.1%
Others1550.7N/A0.2-89.1%
Total29516082.985.0-34.0%

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

  1. Bosnia and Herzegovina (14.7 tons)
  2. Croatia (1.4 tons)
  3. Austria (1.2 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Dairy produce; milk and cream, concentrated, not containing added sugar or other sweetening matter, in powder, granules or other solid forms, of a fat content exceeding 1.5% (by weight) - Slovenia