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

Contents:

1. Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in India (FOB) - 2024
2. Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in India (CIF) - 2022
3. Exports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in India
4. Imports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in India

Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in India (FOB) - 2024

The average export price for powdered sweetened milk and cream of fat weight content over 1.5% stood at $5,109 per ton in April 2024, increasing by 11% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2023 when the average export price increased by 21% month-to-month. As a result, the export price attained the peak level of $5,714 per ton. From July 2023 to April 2024, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Bhutan ($5,889 per ton), while the average price for exports to the United States ($2,738 per ton) was amongst the lowest.

From April 2023 to April 2024, the most notable rate of growth in terms of prices was recorded for supplies to Sri Lanka (0.0%), while the prices for the other major destinations experienced a decline.

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

In 2022, the average import price for powdered sweetened milk and cream of fat weight content over 1.5% amounted to $3,900 per ton, growing by 111% against the previous year. Overall, the import price, however, showed a noticeable curtailment. The most prominent rate of growth was recorded in 2020 an increase of 364%. The import price peaked at $6,365 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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 the UK ($6,617 per ton), while the price for the United Arab Emirates ($1,901 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+160.9%), while the prices for the other major suppliers experienced a decline.

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

In 2022, shipments abroad of powdered sweetened milk and cream of fat weight content over 1.5% was finally on the rise to reach 3K tons after two years of decline. In general, exports, however, faced a abrupt shrinkage.

In value terms, exports of powdered sweetened milk and cream of fat weight content over 1.5% skyrocketed to $15M in 2022. Over the period under review, exports, however, showed a abrupt curtailment.

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

1. Bhutan (821.5 tons)
2. Nepal (410.4 tons)
3. United Arab Emirates (150.6 tons)
4. Pakistan (50.4 tons)
5. Sri Lanka (42.6 tons)
6. Iraq (25.0 tons)

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

In 2022, the amount of powdered sweetened milk and cream of fat weight content over 1.5% imported into India declined dramatically to 11 tons, reducing by -50.5% on the previous year. Over the period under review, imports saw a sharp curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 125% against the previous year.

In value terms, imports of powdered sweetened milk and cream of fat weight content over 1.5% rose modestly to $44K in 2022. In general, imports saw a precipitous shrinkage.

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

1. Oman (5.0 tons)
2. United Arab Emirates (4.6 tons)
3. United Kingdom (1.5 tons)

Source: IndexBox Market Intelligence Platform