Croatia: Milk Market 2024

Milk Market Size in Croatia

The Croatian milk market expanded slightly to $X in 2022, increasing by X% against the previous year. Over the period under review, consumption, however, saw a pronounced reduction. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Milk Production in Croatia

In value terms, milk production stood at $X in 2022 estimated in export price. Overall, production, however, continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Milk Exports

Exports from Croatia

In 2022, the amount of milk exported from Croatia rose modestly to X tons, picking up by X% against 2021. In general, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, milk exports soared to $X in 2022. Overall, exports, however, showed a slight reduction. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Bosnia and Herzegovina (X tons), Serbia (X tons) and Montenegro (X tons) were the main destinations of milk exports from Croatia, with a combined X% share of total exports. Slovenia, North Macedonia, Italy and Senegal lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Bosnia and Herzegovina ($X), Serbia ($X) and Montenegro ($X) were the largest markets for milk exported from Croatia worldwide, with a combined X% share of total exports. Slovenia, North Macedonia, Senegal and Italy lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Italy, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average milk export price stood at $X per ton in 2022, growing by X% against the previous year. Overall, the export price, however, continues to indicate a slight contraction. The pace of growth appeared the most rapid in 2021 when the average export price increased by X%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Senegal ($X per ton), while the average price for exports to Italy ($X 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 France (X%), while the prices for the other major destinations experienced more modest paces of growth.

Milk Imports

Imports into Croatia

In 2022, purchases abroad of milk increased by X% to X tons, rising for the second consecutive year after three years of decline. In general, total imports indicated a resilient increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, milk imports soared to $X in 2022. Over the period under review, imports saw a buoyant expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in years to come.

Imports by Country

Hungary (X tons), Slovenia (X tons) and the Czech Republic (X tons) were the main suppliers of milk imports to Croatia, together accounting for X% of total imports. Slovakia, Austria, Bosnia and Herzegovina and Germany lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Austria (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest milk suppliers to Croatia were Hungary ($X), Slovenia ($X) and the Czech Republic ($X), with a combined X% share of total imports. Slovakia, Austria, Bosnia and Herzegovina and Germany lagged somewhat behind, together accounting for a further X%.

Austria, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average milk import price stood at $X per ton in 2022, increasing by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Austria ($X per ton) and Germany ($X per ton), while the price for Slovenia ($X per ton) and Slovakia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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