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

Contents:

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

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

In 2022, the average import price for powdered sweetened milk and cream of fat weight content over 1.5% amounted to $4,546 per ton, growing by 19% against the previous year. In general, the import price, however, showed a perceptible curtailment. The most prominent rate of growth was recorded in 2014 an increase of 31%. Over the period under review, average import prices attained the peak figure at $6,689 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from New Zealand ($4,546 per ton) and Germany ($4,546 per ton), while the price for Singapore ($4,546 per ton) and the UK ($4,546 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+14.4%), 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 Egypt (FOB) - 2022

In 2022, the average export price for powdered sweetened milk and cream of fat weight content over 1.5% amounted to $4,850 per ton, which is down by -4.6% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 49% against the previous year. Over the period under review, the average export prices reached the peak figure at $7,605 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Cote d'Ivoire ($4,850 per ton) and Ghana ($4,850 per ton), while the average price for exports to Zambia ($4,850 per ton) and Syrian Arab Republic ($4,850 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chad (+20.8%), 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 Egypt

Imports of powdered sweetened milk and cream of fat weight content over 1.5% into Egypt surged to 3.4K tons in 2022, rising by 346% compared with the previous year's figure. Over the period under review, imports continue to indicate a significant expansion. 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% soared to $16M in 2022. In general, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. New Zealand (1051.7 tons)
2. Singapore (217.8 tons)
3. Germany (166.6 tons)
4. United Kingdom (146.1 tons)
5. France (129.5 tons)

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

In 2022, overseas shipments of powdered sweetened milk and cream of fat weight content over 1.5% decreased by -35.9% to 3.2K tons, falling for the second consecutive year after two years of growth. In general, exports showed a abrupt contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 56%. As a result, the exports attained the peak of 7.9K 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% shrank sharply to $16M in 2022. Over the period under review, exports continue to indicate a precipitous descent. The pace of growth was the most pronounced in 2020 with an increase of 3%. As a result, the exports reached the peak of $39M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

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

1. Saudi Arabia (495.7 tons)
2. Mauritania (153.3 tons)
3. Syrian Arab Republic (103.3 tons)
4. Lebanon (100.4 tons)
5. Cote d'Ivoire (100.0 tons)
6. Venezuela (68.5 tons)
7. Iraq (68.0 tons)
8. Nigeria (63.8 tons)
9. Zambia (63.1 tons)
10. Malawi (56.6 tons)
11. Libya (41.4 tons)
12. Chad (33.7 tons)
13. Ghana (28.8 tons)

Source: IndexBox Market Intelligence Platform