Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Colombia - 2024
Contents:
- Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Colombia (CIF) - 2022
- Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Colombia (FOB) - 2022
- Imports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Colombia
- Exports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Colombia
Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Colombia (CIF) - 2022
In 2022, the average import price for powdered sweetened milk and cream of fat weight content over 1.5% amounted to $4,324 per ton, picking up by 36% against the previous year. In general, the import price, however, showed a mild curtailment. The pace of growth appeared the most rapid in 2013 when the average import price increased by 167% against the previous year. As a result, import price reached the peak level of $13,289 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Ecuador ($4,641 per ton), while the price for Ireland ($3,752 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+20.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Colombia (FOB) - 2022
In 2022, the average export price for powdered sweetened milk and cream of fat weight content over 1.5% amounted to $5,572 per ton, rising by 13% against the previous year. In general, the export price, however, recorded a noticeable shrinkage. The pace of growth appeared the most rapid in 2013 an increase of 431%. As a result, the export price reached the peak level of $46,000 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($13,141 per ton), while the average price for exports to Trinidad and Tobago ($5,013 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 Trinidad and Tobago (+13.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Colombia
In 2022, overseas purchases of powdered sweetened milk and cream of fat weight content over 1.5% were finally on the rise to reach 754 tons after two years of decline. In general, imports, however, showed a drastic downturn.
In value terms, imports of powdered sweetened milk and cream of fat weight content over 1.5% skyrocketed to $3.3M in 2022. Over the period under review, imports recorded modest 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 Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ecuador | 291 | 487 | N/A | 997 | 50.8% |
Ireland | N/A | 130 | 300 | 466 | 89.3% |
Spain | N/A | N/A | N/A | 147 | 0% |
France | N/A | N/A | 67.2 | N/A | 0% |
Czech Republic | 1,251 | 664 | N/A | N/A | -46.9% |
Others | 1,557 | 1,357 | 431 | 1,649 | 1.9% |
Total | 3,099 | 2,638 | 798 | 3,259 | 1.7% |
Top Suppliers of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% to Colombia in 2022:
- Ecuador (214.9 tons)
- Ireland (124.3 tons)
- Spain (37.3 tons)
Exports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Colombia
In 2022, overseas shipments of powdered sweetened milk and cream of fat weight content over 1.5% decreased by -8.1% to 57 tons, falling for the second year in a row after two years of growth. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 70,504% against the previous year. As a result, the exports attained the peak of 165 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of powdered sweetened milk and cream of fat weight content over 1.5% expanded to $319K in 2022. In general, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 26,651%. As a result, the exports reached the peak of $673K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
Export of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Trinidad and Tobago | N/A | 275 | 108 | 97.2 | -40.5% |
Aruba | N/A | 48.1 | 31.1 | 40.0 | -8.8% |
Spain | 1.3 | 6.0 | 14.3 | 22.4 | 158.3% |
Others | 1.3 | 344 | 154 | 160 | 397.4% |
Total | 2.5 | 673 | 307 | 319 | 403.4% |
Top Export Markets for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% from Colombia in 2022:
- Trinidad and Tobago (19.4 tons)
- Aruba (7.5 tons)
- Spain (1.7 tons)
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