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

Contents:

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

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

In 2022, the average import price for powdered sweetened milk and cream of fat weight content over 1.5% amounted to $4,653 per ton, growing by 8.8% against the previous year. Overall, the import price saw a moderate expansion. The pace of growth was the most pronounced in 2020 an increase of 13% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue growth in years to come.

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 Panama ($8,239 per ton), while the price for Argentina ($897 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+8.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Guatemala

Imports of powdered sweetened milk and cream of fat weight content over 1.5% into Guatemala surged to 142 tons in 2022, jumping by 89% against the previous year. Overall, imports enjoyed a prominent increase.

In value terms, imports of powdered sweetened milk and cream of fat weight content over 1.5% skyrocketed to $663K in 2022. In general, imports continue to indicate a significant expansion.

Import of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia16618714323312.0%
New Zealand68.471.952.516534.1%
Netherlands9.015163.888.7114.4%
Argentina5.54.62.63.0-18.3%
United States24.497.63.02.9-50.8%
Panama15.54.50.90.4-70.4%
Others94.017056.016921.6%
Total38368732266320.1%

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

  1. New Zealand (43.2 tons)
  2. Australia (28.7 tons)
  3. Netherlands (21.3 tons)
  4. Argentina (3.4 tons)
  5. United States (2.5 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Dairy produce; milk and cream, containing added sugar or other sweetening matter, in powder, granules or other solid forms, of a fat content exceeding 1.5% (by weight) - Guatemala