Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Chile - 2024

Contents:

1. Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Chile (CIF) - 2022
2. Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Chile (FOB) - 2022
3. Imports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Chile
4. Exports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Chile

Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Chile (CIF) - 2022

The average import price for powdered sweetened milk and cream of fat weight content over 1.5% stood at $717 per ton in 2022, surging by 26% against the previous year. In general, the import price, however, continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2020 an increase of 205%. The import price peaked at $3,502 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Peru ($2,428 per ton), while the price for the Netherlands ($599 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Chile (FOB) - 2022

The average export price for powdered sweetened milk and cream of fat weight content over 1.5% stood at $4,596 per ton in 2022, increasing by 16% against the previous year. Over the period under review, the export price, however, saw a slight decrease. The pace of growth was the most pronounced in 2017 when the average export price increased by 26% against the previous year. Over the period under review, the average export prices attained the maximum at $5,462 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Cuba.

From 2012 to 2022, the rate of growth in terms of prices for Bolivia amounted to +57.2% per year.

Imports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Chile

For the third consecutive year, Chile recorded decline in overseas purchases of powdered sweetened milk and cream of fat weight content over 1.5%, which decreased by -39.5% to 80 tons in 2022. In general, imports saw a precipitous setback. The smallest decline of -25.6% was in 2021.

In value terms, imports of powdered sweetened milk and cream of fat weight content over 1.5% declined sharply to $57K in 2022. Over the period under review, imports saw a dramatic descent. The most prominent rate of growth was recorded in 2020 when imports increased by 69%. As a result, imports reached the peak of $293K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Top Suppliers of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% to Chile in 2022:

1. Netherlands (35.5 tons)
2. China (3.1 tons)
3. Peru (1.0 tons)

Exports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Chile

For the third consecutive year, Chile recorded decline in overseas shipments of powdered sweetened milk and cream of fat weight content over 1.5%, which decreased by -69.3% to 12 tons in 2022. Over the period under review, exports continue to indicate a sharp reduction. The smallest decline of -15.4% was in 2020.

In value terms, exports of powdered sweetened milk and cream of fat weight content over 1.5% fell remarkably to $55K in 2022. In general, exports saw a sharp curtailment. The smallest decline of -4.4% was in 2020.

Top Export Markets for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% from Chile in 2022:

1. Cuba (6.0 tons)

Source: IndexBox Market Intelligence Platform