Croatia - Whole Fresh Milk - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Croatia - Whole Fresh Milk - Market Analysis, Forecast, Size, Trends and Insights

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Whole Fresh Milk Price in Croatia - 2023

Contents:

  1. Whole Fresh Milk Price in Croatia (CIF) - 2023
  2. Whole Fresh Milk Price in Croatia (FOB) - 2023
  3. Whole Fresh Milk Imports in Croatia
  4. Whole Fresh Milk Exports in Croatia

Whole Fresh Milk Price in Croatia (CIF) - 2023

The average whole fresh milk import price stood at $540 per ton in July 2023, picking up by 5.6% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in August 2022 an increase of 7.1% month-to-month. The import price peaked at $650 per ton in December 2022; however, from January 2023 to July 2023, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In July 2023, the countries with the highest prices were Austria ($705 per ton) and Slovakia ($604 per ton), while the price for Hungary ($495 per ton) and Slovenia ($545 per ton) were amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Slovenia (+0.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Whole Fresh Milk Price in Croatia (FOB) - 2023

In July 2023, the average whole fresh milk export price amounted to $977 per ton, remaining stable against the previous month. Over the last twelve months, it increased at an average monthly rate of +3.4%. The pace of growth was the most pronounced in November 2022 an increase of 12% month-to-month. The export price peaked at $995 per ton in May 2023; however, from June 2023 to July 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was Mali ($1,331 per ton), while the average price for exports to Serbia ($724 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.

Whole Fresh Milk Imports in Croatia

Whole fresh milk imports into Croatia expanded rapidly to 212K tons in 2022, picking up by 11% compared with the previous year. The total import volume increased at an average annual rate of +1.4% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, whole fresh milk imports surged to $121M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +11.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.6% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Whole Fresh Milk in Croatia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary22.619.630.058.437.2%
Slovenia37.437.943.844.96.3%
Czech Republic6.64.33.77.33.4%
Slovakia11.87.51.13.2-35.3%
Austria2.61.51.83.16.0%
Bosnia and Herzegovina3.34.03.21.3-26.7%
Others2.71.33.73.25.8%
Total87.076.187.312111.6%

Top Suppliers of Whole Fresh Milk to Croatia in 2022:

  1. Hungary (101.6K tons)
  2. Slovenia (83.9K tons)
  3. Czech Republic (11.0K tons)
  4. Slovakia (4.6K tons)
  5. Austria (4.3K tons)
  6. Bosnia and Herzegovina (2.0K tons)

Whole Fresh Milk Exports in Croatia

In 2022, shipments abroad of whole fresh milk decreased by -2.8% to 19K tons, falling for the second consecutive year after two years of growth. In general, exports showed a pronounced slump. The most prominent rate of growth was recorded in 2020 with an increase of 14%. As a result, the exports attained the peak of 25K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, whole fresh milk exports expanded sharply to $13M in 2022. The total export value increased at an average annual rate of +2.9% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 11% against the previous year. As a result, the exports attained the peak of $14M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Whole Fresh Milk in Croatia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Serbia3.22.92.64.612.9%
Bosnia and Herzegovina3.34.53.53.73.9%
Montenegro0.30.30.31.467.1%
Slovenia1.81.20.81.3-10.3%
North Macedonia0.40.40.40.57.7%
Senegal0.30.80.90.410.1%
Italy1.41.41.30.2-47.7%
France0.70.61.0N/A19.5%
Others0.91.61.41.313.0%
Total12.313.712.213.42.9%

Top Export Markets for Whole Fresh Milk from Croatia in 2022:

  1. Serbia (7.1K tons)
  2. Bosnia and Herzegovina (5.5K tons)
  3. Montenegro (1.8K tons)
  4. Slovenia (1.6K tons)
  5. North Macedonia (0.6K tons)
  6. Italy (0.5K tons)
  7. Senegal (0.5K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the whole fresh milk market in Croatia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 1130 - Camel milk
  • FCL 882 - Cow milk, whole (fresh)
  • FCL 1020 - Goat milk
  • FCL 982 - Sheep milk
  • FCL 951 - Buffalo milk

Country coverage:

  • Croatia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Croatia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, PRODUCING ANIMALS AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Producing Animals Slaughtered, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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