Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Greece - 2024
Contents:
- Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Greece (CIF) - 2024
- Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Greece (FOB) - 2022
- Imports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Greece
- Exports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Greece
Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Greece (CIF) - 2024
The average import price for powdered sweetened milk and cream of fat weight content over 1.5% stood at $5,675 per ton in March 2024, growing by 8.9% against the previous month. In general, the import price enjoyed a notable expansion. The pace of growth was the most pronounced in February 2024 when the average import price increased by 172% month-to-month. Over the period under review, average import prices hit record highs at $5,714 per ton in November 2023; afterwards, it flattened through to March 2024.
There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was Germany ($6,470 per ton), while the price for the Netherlands stood at $2,247 per ton.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Germany (+2.7%), 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 Greece (FOB) - 2022
The average export price for powdered sweetened milk and cream of fat weight content over 1.5% stood at $2,715 per ton in 2022, growing by 25% against the previous year. Overall, the export price enjoyed a tangible increase. The pace of growth was the most pronounced in 2018 when the average export price increased by 87%. The export price peaked at $5,257 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($3,847 per ton), while the average price for exports to Hungary ($1,702 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 France (+8.0%), 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 Greece
In 2022, approx. 298 tons of powdered sweetened milk and cream of fat weight content over 1.5% were imported into Greece; with a decrease of -96% compared with the previous year. Over the period under review, imports saw a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 4,361% against the previous year. As a result, imports reached the peak of 7.5K tons, and then fell significantly in the following year.
In value terms, imports of powdered sweetened milk and cream of fat weight content over 1.5% reduced sharply to $974K in 2022. In general, imports, however, recorded a prominent expansion. The growth pace was the most rapid in 2021 with an increase of 4,465%. As a result, imports reached the peak of $16M, and then contracted notably in the following year.
| Import of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 29.6 | 10.5 | 772 | 546 | 164.2% |
| Netherlands | 28.4 | 12.3 | 13,783 | 189 | 88.1% |
| Italy | 2.5 | 49.2 | 45.6 | 89.7 | 229.8% |
| Bulgaria | 22.1 | 180 | 210 | 75.0 | 50.3% |
| Spain | 32.7 | 19.0 | 15.3 | 35.4 | 2.7% |
| Romania | N/A | 28.3 | 357 | 16.2 | -24.3% |
| Hungary | N/A | N/A | 467 | N/A | 0% |
| Others | 580 | 57.7 | 638 | 23.5 | -65.7% |
| Total | 695 | 357 | 16,289 | 974 | 11.9% |
Top Suppliers of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% to Greece in 2022:
- Germany (167.2 tons)
- Netherlands (58.0 tons)
- Italy (25.0 tons)
- Spain (24.6 tons)
- Bulgaria (16.3 tons)
- Romania (3.5 tons)
Exports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Greece
In 2022, exports of powdered sweetened milk and cream of fat weight content over 1.5% from Greece reduced notably to 12 tons, waning by -81.2% compared with the previous year's figure. In general, exports faced a sharp contraction. The growth pace was the most rapid in 2021 with an increase of 71% against the previous year.
In value terms, exports of powdered sweetened milk and cream of fat weight content over 1.5% reduced dramatically to $33K in 2022. Overall, exports showed a sharp shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 96% against the previous year.
| Export of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cyprus | 171 | 24.4 | 51.1 | 25.6 | -46.9% |
| Hungary | N/A | N/A | N/A | 2.7 | 0% |
| Germany | 5.7 | 2.6 | 2.9 | 2.0 | -29.5% |
| Singapore | N/A | N/A | N/A | 1.2 | 0% |
| Bulgaria | N/A | 3.3 | 0.1 | 0.8 | -50.8% |
| Albania | 7.2 | 38.3 | 81.0 | N/A | 235.4% |
| Others | 189 | 2.6 | 4.5 | 0.6 | -85.3% |
| Total | 372 | 71.3 | 140 | 32.9 | -55.4% |
Top Export Markets for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% from Greece in 2022:
- Cyprus (9.2 tons)
- Hungary (1.6 tons)
- Singapore (0.5 tons)
- Germany (0.5 tons)
- Bulgaria (0.3 tons)
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