Serbia - Dried Milk - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPowdered Milk Price in Serbia - 2023
Contents:
- Powdered Milk Price in Serbia (CIF) - 2023
- Powdered Milk Price in Serbia (FOB) - 2022
- Powdered Milk Imports in Serbia
- Powdered Milk Exports in Serbia
Powdered Milk Price in Serbia (CIF) - 2023
In November 2023, the average powdered milk import price amounted to $3,043 per ton, growing by 7.3% against the previous month. In general, the import price, however, recorded a noticeable descent. The import price peaked at $4,858 per ton in November 2022; however, from December 2022 to November 2023, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In November 2023, the countries with the highest prices were the Netherlands ($3,986 per ton) and the Czech Republic ($3,507 per ton), while the price for France ($2,678 per ton) and Germany ($2,827 per ton) were amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Sweden (+0.9%), while the prices for the other major suppliers experienced a decline.
Powdered Milk Price in Serbia (FOB) - 2022
The average powdered milk export price stood at $4,736 per ton in 2022, with an increase of 22% against the previous year. In general, export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, powdered milk export price increased by +111.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 an increase of 73%. The export price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($18,345 per ton), while the average price for exports to China ($3,654 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 North Macedonia (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.
Powdered Milk Imports in Serbia
In 2022, approx. 9.7K tons of powdered milk were imported into Serbia; growing by 197% against 2021 figures. Over the period under review, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, powdered milk imports surged to $42M in 2022. Overall, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Powdered Milk in Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 1.1 | 3.6 | 1.6 | 17.6 | 152.0% |
| Czech Republic | 2.0 | 2.6 | 3.3 | 5.1 | 36.6% |
| France | 0.9 | 1.4 | 1.3 | 5.0 | 77.1% |
| Denmark | N/A | N/A | N/A | 4.1 | 0% |
| Germany | 1.1 | 0.8 | 1.4 | 3.9 | 52.5% |
| Lithuania | N/A | 1.0 | 0.8 | 2.0 | 41.4% |
| Belarus | N/A | N/A | N/A | 1.0 | 0% |
| Netherlands | 1.5 | 0.7 | 1.2 | 0.9 | -15.7% |
| Others | 0.8 | 1.2 | 0.6 | 2.2 | 40.1% |
| Total | 7.3 | 11.3 | 10.3 | 41.9 | 79.0% |
Top Suppliers of Powdered Milk to Serbia in 2022:
- Poland (4.1K tons)
- France (1.3K tons)
- Czech Republic (1.1K tons)
- Germany (0.9K tons)
- Denmark (0.8K tons)
- Lithuania (0.5K tons)
- Belarus (0.2K tons)
- Netherlands (0.2K tons)
Powdered Milk Exports in Serbia
For the third year in a row, Serbia recorded decline in shipments abroad of powdered milk, which decreased by -13% to 67 tons in 2022. In general, exports saw a sharp slump.
In value terms, powdered milk exports amounted to $316K in 2022. Overall, exports recorded a precipitous shrinkage.
| Export of Powdered Milk in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bosnia and Herzegovina | 635 | 651 | 171 | 232 | -28.5% |
| Montenegro | 60.8 | 67.1 | 71.9 | 34.2 | -17.5% |
| Ukraine | N/A | N/A | N/A | 22.1 | 0% |
| China | 10.5 | 114 | 42.5 | 20.2 | 24.4% |
| Albania | 56.3 | N/A | 2.2 | 6.1 | -52.3% |
| North Macedonia | 373 | 153 | N/A | 1.3 | -84.8% |
| Others | 1.8 | 0.4 | 9.2 | N/A | 126.1% |
| Total | 1,137 | 985 | 297 | 316 | -34.7% |
Top Export Markets for Powdered Milk from Serbia in 2022:
- Bosnia and Herzegovina (52.4 tons)
- Montenegro (5.9 tons)
- China (5.5 tons)
- Albania (1.5 tons)
- Ukraine (1.2 tons)
- North Macedonia (0.2 tons)
This report provides an in-depth analysis of the powdered milk market in Serbia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 897 - Dry Whole Cow Milk
- FCL 898 - Dry Skim Cow Milk
Country coverage:
- Serbia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Serbia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals Slaughtered, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the powdered milk market in Serbia.
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This report provides an in-depth analysis of the market for powdered, condensed or evaporated milk in Serbia.
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This report provides an in-depth analysis of the market for evaporated and condensed milk in Serbia.
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This report provides an in-depth analysis of the market for sweetened condensed and evaporated milk in Serbia.
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This report provides an in-depth analysis of the market for unsweetened condensed and evaporated milk in Serbia.
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This report provides an in-depth analysis of the skim powdered milk market in Serbia.
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This report provides an in-depth analysis of the market for powdered, evaporated and condensed milk in Serbia.
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This report provides an in-depth analysis of the whole powdered milk market in Serbia.
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This report provides an in-depth analysis of the global powdered milk market.
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This report provides an in-depth analysis of the global market for powdered, condensed or evaporated milk.
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Explore the top import markets for powdered milk and discover key statistics and numbers showcasing the global trade in this sector. China, Algeria, Indonesia, Mexico, United Arab Emirates, Philippines, Netherlands, Malaysia, Belgium, and Thailand are the leading countries in the import value of powdered milk.
1322
Germany dominates in the global skimmed milk trade. In 2014, Germany exported X thousand tons of skimmed milk totaling X million USD, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total skimmed mi
1720
New Zealand seized control of the market for evaporated and condensed milk. In 2014, New Zealand exported X thousand tons of evaporated and condensed milk totaling X million USD, X% over the previous year. Its primary trading partner was Chin
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Explore the top import markets for powdered, evaporated, and condensed milk in the world. Learn about the countries with the highest import values and key statistics. Find out how IndexBox market intelligence platform provides valuable insights.
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Discover the top 10 countries with the highest import values for whole powdered milk in 2023. Learn about the trends and factors driving the demand for this dairy product in key markets.
319
Explore the top import markets for powdered milk and discover key statistics and numbers showcasing the global trade in this sector. China, Algeria, Indonesia, Mexico, United Arab Emirates, Philippines, Netherlands, Malaysia, Belgium, and Thailand are the leading countries in the import value of powdered milk.
1322
Germany dominates in the global skimmed milk trade. In 2014, Germany exported X thousand tons of skimmed milk totaling X million USD, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total skimmed mi
1720
New Zealand seized control of the market for evaporated and condensed milk. In 2014, New Zealand exported X thousand tons of evaporated and condensed milk totaling X million USD, X% over the previous year. Its primary trading partner was Chin
251
Explore the top import markets for powdered, evaporated, and condensed milk in the world. Learn about the countries with the highest import values and key statistics. Find out how IndexBox market intelligence platform provides valuable insights.
106
Discover the top 10 countries with the highest import values for whole powdered milk in 2023. Learn about the trends and factors driving the demand for this dairy product in key markets.
