Eastern Europe: Powdered Milk Market 2024

Powdered Milk Market Size in Eastern Europe

After four years of growth, the East European powdered milk market decreased by X% to $X in 2023. Over the period under review, consumption continues to indicate a mild slump. As a result, consumption attained the peak level of $X. From 2014 to 2023, the growth of the market remained at a somewhat lower figure.

Powdered Milk Production in Eastern Europe

In value terms, powdered milk production plummeted to $X in 2023 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2014 to 2023, production growth remained at a somewhat lower figure.

The countries with the highest volumes of production in 2023 were Poland (X tons), Belarus (X tons) and Ukraine (X tons), together comprising X% of total production. Russia, Lithuania, the Czech Republic, Slovakia and Estonia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the biggest increases were recorded for Estonia (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.

Powdered Milk Exports

Exports in Eastern Europe

In 2023, shipments abroad of powdered milk was finally on the rise to reach X tons after three years of decline. The total export volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, the exports attained the peak of X tons. From 2015 to 2023, the growth of the exports remained at a lower figure.

In value terms, powdered milk exports declined slightly to $X in 2023. In general, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2023, the exports remained at a lower figure.

Exports by Country

Poland (X tons) and Belarus (X tons) represented roughly X% of total exports in 2023. It was distantly followed by Lithuania (X tons), Ukraine (X tons), the Czech Republic (X tons) and Russia (X tons), together constituting a X% share of total exports. Estonia (X tons) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for Estonia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest powdered milk supplying countries in Eastern Europe were Poland ($X), Belarus ($X) and Lithuania ($X), with a combined X% share of total exports. The Czech Republic, Ukraine, Russia and Estonia lagged somewhat behind, together accounting for a further X%.

Estonia, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the export price in Eastern Europe amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2023, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced mixed trends in the export price figures.

Powdered Milk Imports

Imports in Eastern Europe

In 2023, the amount of powdered milk imported in Eastern Europe soared to X tons, picking up by X% compared with 2022. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, powdered milk imports surged to $X in 2023. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, imports reached the peak of $X. From 2014 to 2023, the growth of imports remained at a lower figure.

Imports by Country

In 2023, Poland (X tons) represented the largest importer of powdered milk, constituting X% of total imports. It was distantly followed by Russia (X tons), Bulgaria (X tons), Romania (X tons) and Hungary (X tons), together generating a X% share of total imports. The following importers - Slovakia (X tons) and Lithuania (X tons) - each finished at a X% share of total imports.

From 2012 to 2023, the biggest increases were recorded for Poland (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) constitutes the largest market for imported powdered milk in Eastern Europe, comprising X% of total imports. The second position in the ranking was held by Russia ($X), with a X% share of total imports. It was followed by Romania, with an X% share.

From 2012 to 2023, the average annual growth rate of value in Poland amounted to X%. In the other countries, the average annual rates were as follows: Russia (X% per year) and Romania (X% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2023, reducing by X% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2023, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Romania ($X per ton), while Hungary ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Romania (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform