Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Germany - 2024
Contents:
- Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Germany (CIF) - 2022
- Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Germany (FOB) - 2024
- Imports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Germany
- Exports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Germany
Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Germany (CIF) - 2022
In 2022, the average import price for powdered sweetened milk and cream of fat weight content over 1.5% amounted to $4,753 per ton, dropping by -4.5% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 41% against the previous year. As a result, import price attained the peak level of $5,163 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($4,874 per ton), while the price for the Netherlands ($3,096 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.0%), 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 Germany (FOB) - 2024
In March 2024, the average export price for powdered sweetened milk and cream of fat weight content over 1.5% amounted to $25,150 per ton, with an increase of 109% against the previous month. Overall, the export price saw a remarkable increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In March 2024, the country with the highest price was Switzerland ($70,794 per ton), while the average price for exports to Argentina ($6,042 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+17.7%), 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 Germany
In 2022, the amount of powdered sweetened milk and cream of fat weight content over 1.5% imported into Germany dropped significantly to 6.7K tons, waning by -33.3% against 2021 figures. Over the period under review, imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 73%. As a result, imports attained the peak of 10K tons, and then dropped rapidly in the following year.
In value terms, imports of powdered sweetened milk and cream of fat weight content over 1.5% dropped markedly to $32M in 2022. In general, imports recorded a abrupt setback. The pace of growth appeared the most rapid in 2021 when imports increased by 85% against the previous year. As a result, imports attained the peak of $50M, and then contracted notably in the following year.
Import of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 8.1 | 14.6 | 37.4 | 29.2 | 53.3% |
Spain | 6.6 | 9.0 | 11.1 | 1.1 | -45.0% |
Netherlands | 4.1 | 2.7 | 0.8 | 1.0 | -37.5% |
Others | 20.6 | 1.0 | 1.1 | 0.9 | -64.8% |
Total | 39.4 | 27.2 | 50.4 | 32.1 | -6.6% |
Top Suppliers of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% to Germany in 2022:
- France (6.0K tons)
- Netherlands (0.3K tons)
- Spain (0.3K tons)
Exports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Germany
In 2022, overseas shipments of powdered sweetened milk and cream of fat weight content over 1.5% were finally on the rise to reach 1.7K tons after two years of decline. In general, exports, however, showed a abrupt setback.
In value terms, exports of powdered sweetened milk and cream of fat weight content over 1.5% rose significantly to $13M in 2022. The total export value increased at an average annual rate of +2.8% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 0.3 | 4.9 | 5.8 | 8.5 | 204.9% |
Vietnam | 0.5 | 2.8 | 2.7 | 1.8 | 53.3% |
Netherlands | 0.7 | 0.6 | 0.8 | 0.8 | 4.6% |
Australia | N/A | 0.9 | 0.4 | 0.5 | -25.5% |
Czech Republic | 0.7 | 0.6 | 0.7 | 0.3 | -24.6% |
United States | 2.2 | N/A | 0.1 | N/A | -78.7% |
Afghanistan | 0.2 | 0.3 | 0.1 | N/A | -29.3% |
Others | 7.1 | 0.7 | 1.0 | 0.7 | -53.8% |
Total | 11.6 | 10.7 | 11.6 | 12.6 | 2.8% |
Top Export Markets for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% from Germany in 2022:
- Spain (1189.3 tons)
- Netherlands (161.0 tons)
- Vietnam (94.2 tons)
- Australia (83.8 tons)
- Czech Republic (46.0 tons)
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