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

Contents:

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

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

In 2022, the average import price for powdered sweetened milk and cream of fat weight content over 1.5% amounted to $2,424 per ton, reducing by -9.1% against the previous year. In general, the import price recorded a mild slump. The most prominent rate of growth was recorded in 2017 when the average import price increased by 101% against the previous year. Over the period under review, average import prices reached the maximum at $4,534 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belarus ($2,552 per ton), while the price for Russia amounted to $2,177 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+3.6%).

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

In 2022, purchases abroad of powdered sweetened milk and cream of fat weight content over 1.5% decreased by -52.8% to 55 tons, falling for the second year in a row after two years of growth. Overall, imports saw a sharp contraction. The growth pace was the most rapid in 2020 with an increase of 6.9% against the previous year. As a result, imports attained the peak of 274 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of powdered sweetened milk and cream of fat weight content over 1.5% contracted significantly to $134K in 2022. Over the period under review, imports faced a significant decline. The smallest decline of -14.2% was in 2020.

Import of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belarus35226314687.1-37.2%
Russia15.549.68.922.913.9%
Others37232215824.1-59.8%
Total739635312134-43.4%

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

  1. Belarus (34.1 tons)
  2. Russia (10.5 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) - Kazakhstan