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

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

The Czech market for powdered, condensed or evaporated milk amounted to $X in 2022, flattening at the previous year. Overall, consumption, however, continues to indicate a slight shrinkage. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

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

In value terms, powdered, condensed or evaporated milk production rose modestly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a noticeable descent. 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 somewhat lower figure.

Exports of Powdered, Condensed Or Evaporated Milk

Exports from the Czech Republic

In 2022, overseas shipments of powdered, condensed or evaporated milk decreased by X% to X tons, falling for the sixth year in a row after three years of growth. Overall, exports continue to indicate a perceptible downturn. The growth pace was the most rapid in 2016 with an increase of X%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, powdered, condensed or evaporated milk exports expanded sharply to $X in 2022. In general, exports recorded a slight slump. The pace of growth was the most pronounced 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 2022, the exports remained at a lower figure.

Exports by Country

Slovakia (X tons), Bangladesh (X tons) and Lebanon (X tons) were the main destinations of powdered, condensed or evaporated milk exports from the Czech Republic, with a combined X% share of total exports. Poland, Thailand, the Netherlands, Serbia, Croatia, North Macedonia, Hungary, Germany, Romania and Cuba lagged somewhat behind, together accounting for 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, condensed or evaporated milk exported from the Czech Republic were Bangladesh ($X), Slovakia ($X) and Lebanon ($X), together comprising X% of total exports. Poland, Thailand, the Netherlands, Serbia, North Macedonia, Hungary, Croatia, 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 growth rate of 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, condensed or evaporated milk stood at $X per ton in 2022, jumping by X% against the previous year. Over the period under review, export price indicated a measured expansion 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, condensed or evaporated milk export price increased by X% against 2016 indices. The pace of growth appeared the most rapid in 2013 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton; afterwards, it flattened through to 2022.

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 Lebanon ($X per ton), while the average price for exports to Germany ($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, Condensed Or Evaporated Milk

Imports into the Czech Republic

In 2022, the amount of powdered, condensed or evaporated milk imported into the Czech Republic dropped significantly to X tons, shrinking by X% compared with the year before. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, powdered, condensed or evaporated milk imports rose to $X in 2022. Over the period under review, imports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Germany (X tons) constituted the largest powdered, condensed or evaporated milk supplier to the Czech Republic, with a X% share of total imports. Moreover, powdered, condensed or evaporated milk imports from Germany exceeded the figures recorded by the second-largest supplier, Poland (X tons), twofold. The third position in this ranking was taken by Slovakia (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and Slovakia (X% per year).

In value terms, Germany ($X), the UK ($X) and Poland ($X) constituted the largest powdered, condensed or evaporated milk suppliers to the Czech Republic, together accounting for X% of total imports.

Among the main suppliers, the UK, 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, condensed or evaporated milk amounted to $X per ton, with an increase of X% against the previous year. In general, the import price continues to indicate prominent growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for France ($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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