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

Contents:

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

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

In 2022, the average import price for powdered sweetened milk and cream of fat weight content over 1.5% amounted to $1,408 per ton, dropping by -5.3% against the previous year. Over the period under review, the import price, however, showed a temperate expansion. The pace of growth appeared the most rapid in 2016 when the average import price increased by 94%. Over the period under review, average import prices reached the peak figure at $1,487 per ton in 2021, and then dropped in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($2,594 per ton), while the price for France ($311 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (-4.1%), while the prices for the other major suppliers experienced a decline.

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

The average export price for powdered sweetened milk and cream of fat weight content over 1.5% stood at $3,442 per ton in 2022, increasing by 8.9% against the previous year. In general, the export price enjoyed measured growth. The most prominent rate of growth was recorded in 2021 an increase of 157% against the previous year. The export price peaked at $3,751 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($10,704 per ton), while the average price for exports to Greece ($1,668 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 Switzerland (+15.3%), 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 Denmark

In 2022, overseas purchases of powdered sweetened milk and cream of fat weight content over 1.5% increased by 48% to 1.4K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a significant decline.

In value terms, imports of powdered sweetened milk and cream of fat weight content over 1.5% soared to $1.9M in 2022. Over the period under review, imports, however, continue to indicate a sharp setback.

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

1. Netherlands (938.6 tons)
2. Belgium (275.8 tons)
3. France (109.1 tons)
4. Sweden (47.1 tons)
5. Germany (11.4 tons)

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

For the third year in a row, Denmark recorded decline in overseas shipments of powdered sweetened milk and cream of fat weight content over 1.5%, which decreased by -70.3% to 31 tons in 2022. In general, exports continue to indicate a precipitous contraction. The smallest decline of -53.1% was in 2021.

In value terms, exports of powdered sweetened milk and cream of fat weight content over 1.5% fell sharply to $107K in 2022. Over the period under review, exports saw a dramatic decrease. The pace of growth was the most pronounced in 2021 with an increase of 21% against the previous year.

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

1. Greece (21.4 tons)
2. Greenland (2.8 tons)
3. Switzerland (2.7 tons)
4. Sweden (1.5 tons)
5. United Kingdom (1.4 tons)

Source: IndexBox Market Intelligence Platform