Milk Market Overview in Croatia
In value terms, milk production declined to $ in 2019 estimated in export prices. Overall, production showed a perceptible shrinkage. The pace of growth was the most pronounced in 2008 when the production volume increased by % y-o-y. As a result, production reached the peak level of $. From 2009 to 2019, production growth remained at a somewhat lower figure.
The average yield of milk in Croatia fell slightly to tonnes per head in 2019, with a decrease of -% against 2018. Over the period under review, the yield showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the yield increased by % against the previous year. As a result, the yield attained the peak level of tonnes per head. From 2016 to 2019, the growth of the average milk yield failed to regain the momentum.
In 2019, the amount of producing animals in Croatia amounted to heads, flattening at the year before. Over the period under review, the number of producing animals, however, saw a mild slump. The pace of growth appeared the most rapid in 2016 when the number of producing animals increased by % against the previous year. Over the period under review, this number hit record highs at heads in 2007; however, from 2008 to 2019, producing animals remained at a lower figure.
The size of the milk market in Croatia dropped to $ in 2019, shrinking by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when the market value increased by % y-o-y. Over the period under review, the market reached the maximum level at $ in 2013; however, from 2014 to 2019, consumption remained at a lower figure.
From 2007 to 2019, the average annual growth rate of the volume of consumption of whole fresh milk was relatively modest.
In value terms, whole fresh milk ($) led the market, alone. The second position in the ranking was occupied by skim milk of cows ($).
From 2007 to 2019, the average annual rate of growth in terms of the market volume of whole fresh milk was relatively modest.