Czech Republic: Market for Powdered, Evaporated And Condensed Milk 2024

Market Size for Powdered, Evaporated And Condensed Milk in the Czech Republic

After two years of growth, the Czech market for powdered, evaporated and condensed milk decreased by X% to $X in 2022. Overall, consumption recorded a perceptible reduction. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Powdered, Evaporated And Condensed Milk in the Czech Republic

In value terms, powdered, evaporated and condensed milk production expanded to $X in 2022 estimated in export price. In general, production, however, continues to indicate a perceptible contraction. The growth pace was the most rapid in 2013 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Exports of Powdered, Evaporated And Condensed Milk

Exports from the Czech Republic

In 2022, shipments abroad of powdered, evaporated and condensed milk decreased by X% to X tons, falling for the sixth consecutive year after three years of growth. Over the period under review, exports recorded a noticeable slump. The most prominent rate of growth was recorded in 2016 when exports increased by X%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, powdered, evaporated and condensed milk exports soared to $X in 2022. Overall, exports showed a mild shrinkage. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Bangladesh (X tons), Slovakia (X tons) and Lebanon (X tons) were the main destinations of powdered, evaporated and condensed milk exports from the Czech Republic, together accounting for X% of total exports. Poland, Thailand, the Netherlands, Croatia, Serbia, Germany, North Macedonia, Hungary, Romania and Cuba lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest markets for powdered, evaporated and condensed milk exported from the Czech Republic were Bangladesh ($X), Slovakia ($X) and Lebanon ($X), with a combined X% share of total exports. Poland, Thailand, the Netherlands, Serbia, North Macedonia, Croatia, Hungary, Germany, Cuba and Romania lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Romania, 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 export price for powdered, evaporated and condensed milk stood at $X per ton in 2022, increasing by X% against the previous year. Overall, export price indicated a temperate increase from 2012 to 2022: its price 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, powdered, evaporated and condensed milk export price increased by X% against 2016 indices. The pace of growth appeared the most rapid in 2013 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

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

Imports of Powdered, Evaporated And Condensed Milk

Imports into the Czech Republic

In 2022, the amount of powdered, evaporated and condensed milk imported into the Czech Republic fell remarkably to X tons, with a decrease of X% compared with 2021 figures. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, powdered, evaporated and condensed milk imports amounted to $X in 2022. Over the period under review, imports, however, continue to indicate resilient growth. The pace of growth appeared the most rapid in 2013 when imports increased by X%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

Germany (X tons), the Netherlands (X tons) and Poland (X tons) were the main suppliers of powdered, evaporated and condensed milk imports to the Czech Republic, with a combined X% share of total imports. Slovakia, the UK, France, Spain, Austria and Belgium lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest powdered, evaporated and condensed milk suppliers to the Czech Republic were the UK ($X), the Netherlands ($X) and Poland ($X), together accounting for X% of total imports. Germany, Slovakia, France, Austria, Spain and Belgium lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Spain, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for powdered, evaporated and condensed milk amounted to $X per ton, surging by X% against the previous year. In general, the import price showed a resilient expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Germany ($X per ton) was 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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