Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Argentina - 2022
Contents:
- Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Argentina (FOB) - 2022
- Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Argentina (CIF) - 2022
- Exports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Argentina
- Imports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Argentina
Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Argentina (FOB) - 2022
The average export price for powdered sweetened milk and cream of fat weight content over 1.5% stood at $4,828 per ton in 2022, growing by 47% against the previous year. Over the period under review, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for powdered sweetened milk and cream of fat weight content over 1.5% increased by +62.3% against 2019 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ghana ($11,546 per ton), while the average price for exports to Algeria ($1,060 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 Ghana (+13.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Argentina (CIF) - 2022
In 2022, the average import price for powdered sweetened milk and cream of fat weight content over 1.5% amounted to $5,866 per ton, increasing by 12% against the previous year. In general, the import price recorded a buoyant increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 57%. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($8,792 per ton), while the price for the United States ($960 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (-0.4%), while the prices for the other major suppliers experienced a decline.
Exports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Argentina
After three years of growth, shipments abroad of powdered sweetened milk and cream of fat weight content over 1.5% decreased by -67.8% to 312 tons in 2022. In general, exports showed a abrupt contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 113% against the previous year.
In value terms, exports of powdered sweetened milk and cream of fat weight content over 1.5% contracted markedly to $1.5M in 2022. Over the period under review, exports, however, enjoyed a prominent increase. The pace of growth was the most pronounced in 2020 when exports increased by 135%.
| Export of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Panama | 163 | 997 | 1,501 | 669 | 60.1% |
| Lebanon | 168 | 294 | 272 | 113 | -12.4% |
| Senegal | N/A | N/A | N/A | 107 | 0% |
| Ghana | 41.6 | 103 | 135 | 105 | 36.2% |
| Jordan | 357 | 516 | 396 | 105 | -33.5% |
| United Arab Emirates | 55.6 | 125 | 149 | 79.4 | 12.6% |
| Mauritania | 54.7 | 120 | 139 | 72.0 | 9.6% |
| Gabon | 37.0 | 47.7 | 133 | 59.2 | 17.0% |
| Brazil | 116 | 177 | 150 | 56.9 | -21.1% |
| Bolivia | 27.4 | 58.4 | 66.4 | 33.6 | 7.0% |
| Cote d'Ivoire | 26.8 | 52.4 | 54.5 | 26.4 | -0.5% |
| Angola | 15.9 | 29.6 | 29.3 | 13.0 | -6.5% |
| Algeria | 28.0 | 41.9 | 33.4 | 11.8 | -25.0% |
| Others | 194 | 455 | 124 | 55.9 | -34.0% |
| Total | 1,286 | 3,016 | 3,184 | 1,506 | 5.4% |
Top Export Markets for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% from Argentina in 2022:
- Panama (125.8 tons)
- Lebanon (39.4 tons)
- Jordan (30.5 tons)
- Mauritania (17.9 tons)
- United Arab Emirates (14.9 tons)
- Senegal (11.3 tons)
- Algeria (11.2 tons)
- Brazil (10.6 tons)
- Gabon (10.6 tons)
- Ghana (9.1 tons)
- Bolivia (7.0 tons)
- Cote d'Ivoire (7.0 tons)
- Angola (5.7 tons)
Imports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Argentina
After two years of decline, overseas purchases of powdered sweetened milk and cream of fat weight content over 1.5% increased by 302% to 6.6 tons in 2022. Over the period under review, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of powdered sweetened milk and cream of fat weight content over 1.5% skyrocketed to $39K in 2022. In general, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.5 | 2.7 | 4.0 | 30.3 | 292.8% |
| Chile | 5.2 | 4.6 | 4.1 | 7.9 | 15.0% |
| United States | 1.1 | 0.7 | 0.5 | 0.6 | -18.3% |
| Others | 0.8 | N/A | N/A | N/A | 0% |
| Total | 7.5 | 8.1 | 8.6 | 38.9 | 73.1% |
Top Suppliers of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% to Argentina in 2022:
- Germany (3.4 tons)
- Chile (2.5 tons)
- United States (0.7 tons)
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