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

Contents:

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

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

The average export price for powdered sweetened milk and cream of fat weight content over 1.5% stood at $3,108 per ton in 2022, increasing by 33% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average export price increased by 249% against the previous year. As a result, the export price attained the peak level of $19,157 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($4,350 per ton), while the average price for exports to Germany ($1,574 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 Germany (+11.5%), 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 Ireland (CIF) - 2022

The average import price for powdered sweetened milk and cream of fat weight content over 1.5% stood at $9,656 per ton in 2022, growing by 207% against the previous year. In general, the import price, however, recorded a slight decrease. The import price peaked at $10,625 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($14,171 per ton), while the price for Denmark ($916 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.4%), 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 Ireland

In 2022, exports of powdered sweetened milk and cream of fat weight content over 1.5% from Ireland surged to 4.3K tons, growing by 20% against 2021 figures. Over the period under review, exports, however, saw a abrupt descent. The growth pace was the most rapid in 2021 when exports increased by 37% against the previous year.

In value terms, exports of powdered sweetened milk and cream of fat weight content over 1.5% skyrocketed to $13M in 2022. Overall, exports showed a buoyant expansion. The pace of growth was the most pronounced in 2021 with an increase of 88%. The exports peaked in 2022 and are likely to continue growth in years to come.

Export of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Ireland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom3.91.94.67.725.5%
France0.30.20.21.674.7%
PolandN/AN/AN/A1.40%
YemenN/A0.21.51.0123.6%
DenmarkN/AN/AN/A0.80%
Germany0.10.2N/A0.458.7%
Netherlands0.31.50.8N/A63.3%
Others6.10.51.10.4-59.7%
Total10.74.48.313.27.2%

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

  1. United Kingdom (2374.7 tons)
  2. France (531.6 tons)
  3. Denmark (474.8 tons)
  4. Poland (326.1 tons)
  5. Yemen (300.0 tons)
  6. Germany (224.1 tons)
  7. Netherlands (1.7 tons)

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

In 2022, the amount of powdered sweetened milk and cream of fat weight content over 1.5% imported into Ireland declined sharply to 124 tons, falling by -87.1% compared with the previous year. Over the period under review, imports faced a precipitous decline. The smallest decline of -63.5% was in 2021.

In value terms, imports of powdered sweetened milk and cream of fat weight content over 1.5% dropped dramatically to $1.2M in 2022. In general, imports faced a precipitous curtailment. The smallest decline of -45.6% was in 2021.

Import of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Ireland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany0.20.5N/A1.071.0%
United Kingdom9.34.52.40.1-77.9%
France0.60.5N/AN/A-16.7%
PolandN/AN/AN/AN/A0%
DenmarkN/AN/AN/AN/A0%
NetherlandsN/AN/A0.6N/A0%
Others10.4N/AN/AN/A0%
Total20.45.63.01.2-61.1%

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

  1. Germany (72.6 tons)
  2. United Kingdom (41.1 tons)
  3. Poland (5.3 tons)
  4. Denmark (2.5 tons)
  5. France (2.3 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) - Ireland