Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Indonesia - 2022
Contents:
- Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Indonesia (CIF) - 2022
- Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Indonesia (FOB) - 2022
- Imports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Indonesia
- Exports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Indonesia
Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Indonesia (CIF) - 2022
In 2022, the average import price for powdered sweetened milk and cream of fat weight content over 1.5% amounted to $5,683 per ton, with a decrease of -27.3% against the previous year. In general, the import price, however, continues to indicate a tangible increase. The growth pace was the most rapid in 2021 when the average import price increased by 88% against the previous year. As a result, import price reached the peak level of $7,817 per ton, and then declined notably in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was New Zealand ($40,377 per ton), while the price for Thailand ($866 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+24.4%), 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 Indonesia (FOB) - 2022
In 2022, the average export price for powdered sweetened milk and cream of fat weight content over 1.5% amounted to $4,021 per ton, with a decrease of -41.2% against the previous year. Over the period under review, the export price, however, saw a buoyant expansion. The pace of growth appeared the most rapid in 2018 an increase of 77% against the previous year. The export price peaked at $6,840 per ton in 2021, and then reduced sharply in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Myanmar ($7,627 per ton), while the average price for exports to Angola ($338 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 Myanmar (+2.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Indonesia
In 2022, the amount of powdered sweetened milk and cream of fat weight content over 1.5% imported into Indonesia surged to 976 tons, increasing by 637% compared with the year before. Overall, imports enjoyed 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% surged to $5.5M in 2022. 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.
Import of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Indonesia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | 396 | 1,583 | 944 | 5,219 | 136.2% |
Malaysia | 17.7 | 63.4 | 33.2 | 80.4 | 65.6% |
Philippines | 7.4 | 51.2 | 21.2 | 74.8 | 116.2% |
Others | 23.2 | 72.6 | 37.7 | 175 | 96.1% |
Total | 444 | 1,770 | 1,036 | 5,549 | 132.1% |
Top Suppliers of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% to Indonesia in 2022:
- Australia (925.7 tons)
- Philippines (12.6 tons)
- Malaysia (9.4 tons)
Exports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Indonesia
In 2022, shipments abroad of powdered sweetened milk and cream of fat weight content over 1.5% decreased by -89.7% to 89 tons, falling for the second consecutive year after two years of growth. In general, exports faced a precipitous shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 15%. As a result, the exports attained the peak of 2K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of powdered sweetened milk and cream of fat weight content over 1.5% contracted notably to $356K in 2022. Over the period under review, exports faced a sharp decline. The growth pace was the most rapid in 2020 with an increase of 4.1% against the previous year. As a result, the exports reached the peak of $11M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
Export of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Indonesia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Pakistan | 3,065 | 2,565 | 1,826 | 178 | -61.3% |
Philippines | 1,460 | 2,447 | 639 | 108 | -58.0% |
Timor-Leste | 14.0 | 5.6 | 288 | 14.9 | 2.1% |
Myanmar | 5.5 | 10.5 | 34.3 | 11.4 | 27.5% |
Thailand | 177 | 88.2 | 80.2 | 6.2 | -67.3% |
Burkina Faso | 166 | 124 | 84.6 | 4.9 | -69.1% |
Sri Lanka | 283 | 236 | 105 | 4.0 | -75.8% |
Comoros | 11.7 | 9.8 | 7.5 | 0.5 | -65.0% |
Angola | 12.1 | 9.7 | 7.2 | 0.4 | -67.9% |
Others | 5,417 | 5,553 | 2,798 | 27.6 | -82.8% |
Total | 10,611 | 11,048 | 5,869 | 356 | -67.7% |
Top Export Markets for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% from Indonesia in 2022:
- Philippines (38.3 tons)
- Pakistan (26.9 tons)
- Burkina Faso (6.4 tons)
- Timor-Leste (4.3 tons)
- Thailand (2.2 tons)
- Myanmar (1.5 tons)
- Angola (1.3 tons)
- Comoros (1.0 tons)
- Sri Lanka (0.6 tons)
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