Serbia - Condensed Or Evaporated Milk (Unsweetened) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Unsweetened Condensed and Evaporated Milk in Serbia - 2023
Contents:
- Price for Unsweetened Condensed and Evaporated Milk in Serbia (CIF) - 2022
- Price for Unsweetened Condensed and Evaporated Milk in Serbia (FOB) - 2022
- Imports of Unsweetened Condensed and Evaporated Milk in Serbia
- Exports of Unsweetened Condensed and Evaporated Milk in Serbia
Price for Unsweetened Condensed and Evaporated Milk in Serbia (CIF) - 2022
The average import price for condensed or evaporated milk (unsweetened) stood at $1,147 per ton in 2022, surging by 43% against the previous year. Overall, the import price, however, recorded a slight slump. The growth pace was the most rapid in 2018 an increase of 165% against the previous year. As a result, import price reached the peak level of $2,762 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($9,371 per ton), while the price for Bosnia and Herzegovina ($1,032 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+20.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Unsweetened Condensed and Evaporated Milk in Serbia (FOB) - 2022
The average export price for condensed or evaporated milk (unsweetened) stood at $3,286 per ton in 2022, surging by 31% against the previous year. In general, the export price showed noticeable growth. The pace of growth appeared the most rapid in 2019 when the average export price increased by 53%. The export price peaked in 2022 and is expected to retain growth in the near future.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was North Macedonia ($3,745 per ton), while the average price for exports to Montenegro ($2,739 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 (+9.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Unsweetened Condensed and Evaporated Milk in Serbia
In 2022, the amount of condensed or evaporated milk (unsweetened) imported into Serbia skyrocketed to 2.5K tons, growing by 449% compared with 2021. Overall, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, unsweetened condensed and evaporated milk imports soared to $2.8M in 2022. Over the period under review, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Unsweetened Condensed and Evaporated Milk in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bosnia and Herzegovina | N/A | 320 | 209 | 1,621 | 125.1% |
| Germany | 273 | N/A | 51.8 | 1,102 | 59.2% |
| Netherlands | N/A | 34.1 | 97.9 | 62.2 | 35.1% |
| France | 197 | N/A | N/A | N/A | 0% |
| Others | 11.6 | 21.8 | N/A | 34.6 | 43.9% |
| Total | 482 | 376 | 359 | 2,819 | 80.2% |
Top Suppliers of Unsweetened Condensed and Evaporated Milk to Serbia in 2022:
- Bosnia and Herzegovina (1570.8 tons)
- Germany (856.5 tons)
- Netherlands (25.9 tons)
Exports of Unsweetened Condensed and Evaporated Milk in Serbia
For the third year in a row, Serbia recorded decline in shipments abroad of condensed or evaporated milk (unsweetened), which decreased by -6% to 9.9 tons in 2022. In general, exports continue to indicate a dramatic setback.
In value terms, unsweetened condensed and evaporated milk exports skyrocketed to $32K in 2022. Overall, exports saw a dramatic descent.
| Export of Unsweetened Condensed and Evaporated Milk in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| North Macedonia | 431 | 2.0 | 8.5 | 14.7 | -67.6% |
| Montenegro | 22.8 | 5.3 | 17.9 | 11.6 | -20.2% |
| Bosnia and Herzegovina | N/A | N/A | N/A | 6.2 | 0% |
| United Arab Emirates | N/A | 42.2 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 453 | 49.5 | 26.4 | 32.5 | -58.4% |
Top Export Markets for Unsweetened Condensed and Evaporated Milk from Serbia in 2022:
- Montenegro (4.3 tons)
- North Macedonia (3.9 tons)
- Bosnia and Herzegovina (1.7 tons)
This report provides an in-depth analysis of the market for unsweetened condensed and evaporated milk 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 894 - Whole Milk, Evaporated
- FCL 895 - Skim Milk, Evaporated
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
- 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 VOLUME AND VALUE
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
- 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
- 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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