Eastern Europe: Powdered Milk Market 2024

Powdered Milk Market Size in Eastern Europe

The East European powdered milk market rose significantly to $X in 2022, with an increase of 5.8% against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Powdered Milk Production in Eastern Europe

In value terms, powdered milk production reached $X in 2022 estimated in export price. Over the period under review, production showed a slight descent. The most prominent rate of growth was recorded in 2013 when the production volume increased by 50%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

The countries with the highest volumes of production in 2022 were Poland (X tons), Belarus (X tons) and Ukraine (X tons), together accounting for 67% of total production. Russia, Lithuania, the Czech Republic, Slovakia, Romania and Estonia lagged somewhat behind, together comprising a further 29%.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of +27.1%), while production for the other leaders experienced more modest paces of growth.

Powdered Milk Exports

Exports in Eastern Europe

In 2022, shipments abroad of powdered milk was finally on the rise to reach X tons after two years of decline. The total export volume increased at an average annual rate of +2.0% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of 29% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, powdered milk exports soared to $X in 2022. Total exports indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +91.7% against 2016 indices. The pace of growth was the most pronounced in 2013 with an increase of 37% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Belarus (X tons) and Poland (X tons) dominates exports structure, together achieving 75% of total exports. It was distantly followed by Lithuania (X tons), Ukraine (X tons) and the Czech Republic (X tons), together making up a 20% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Poland (with a CAGR of +3.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest powdered milk supplying countries in Eastern Europe were Belarus ($X), Poland ($X) and Lithuania ($X), with a combined 84% share of total exports.

Poland, with a CAGR of +6.7%, recorded the highest rates of growth with regard to the value of exports, among 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 2022, the export price in Eastern Europe amounted to $X per ton, jumping by 28% against the previous year. Over the period under review, the export price saw mild growth. The most prominent rate of growth was recorded in 2013 an increase of 36% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in the Czech Republic ($X per ton) and Poland ($X per ton), while Lithuania ($X per ton) and Ukraine ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+3.1%), while the other leaders experienced more modest paces of growth.

Powdered Milk Imports

Imports in Eastern Europe

Powdered milk imports totaled X tons in 2022, increasing by 8% on 2021 figures. The total import volume increased at an average annual rate of +2.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 with an increase of 36% against the previous year. Over the period under review, imports attained the maximum at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, powdered milk imports surged to $X in 2022. Total imports indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of +3.3% 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 +67.5% against 2018 indices. The growth pace was the most rapid in 2013 with an increase of 72%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Poland (X tons) and Russia (X tons) prevails in imports structure, together achieving 71% of total imports. Bulgaria (X tons) took the next position in the ranking, followed by Romania (X tons) and Hungary (X tons). All these countries together held approx. 17% share of total imports. The following importers - Slovakia (X tons), Estonia (X tons) and Lithuania (X tons) - together made up 7.3% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Poland (with a CAGR of +13.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest powdered milk importing markets in Eastern Europe were Poland ($X), Russia ($X) and Bulgaria ($X), with a combined 78% share of total imports.

In terms of the main importing countries, Poland, with a CAGR of +14.8%, recorded 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

The import price in Eastern Europe stood at $X per ton in 2022, increasing by 9.3% against the previous year. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the import price increased by 27%. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+7.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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