Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Lithuania - 2024
Contents:
- Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Lithuania (CIF) - 2024
- Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Lithuania (FOB) - 2022
- Imports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Lithuania
- Exports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Lithuania
Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Lithuania (CIF) - 2024
The average import price for powdered sweetened milk and cream of fat weight content over 1.5% stood at $3,264 per ton in March 2024, with a decrease of -11% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in August 2023 an increase of 77% month-to-month. As a result, import price reached the peak level of $6,066 per ton. From September 2023 to March 2024, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Latvia ($7,970 per ton), while the price for the Netherlands ($2,434 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Latvia (+2.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Lithuania (FOB) - 2022
The average export price for powdered sweetened milk and cream of fat weight content over 1.5% stood at $3,980 per ton in 2022, rising by 73% against the previous year. Overall, the export price recorded a temperate increase. The most prominent rate of growth was recorded in 2017 an increase of 167% against the previous year. The export price peaked at $5,671 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($5,745 per ton), while the average price for exports to Moldova ($1,183 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 Bulgaria (+23.3%), 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 Lithuania
Imports of powdered sweetened milk and cream of fat weight content over 1.5% into Lithuania declined markedly to 315 tons in 2022, reducing by -25% compared with the year before. Over the period under review, imports recorded a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 57%.
In value terms, imports of powdered sweetened milk and cream of fat weight content over 1.5% plummeted to $934K in 2022. In general, imports showed a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of 50% against the previous year.
Import of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Latvia | 422 | 411 | 405 | 406 | -1.3% |
Netherlands | 227 | 335 | 571 | 309 | 10.8% |
Poland | 12.6 | 35.5 | 150 | 136 | 121.0% |
Ireland | N/A | N/A | N/A | 54.6 | 0% |
Estonia | 10.2 | 24.3 | 21.4 | 22.0 | 29.2% |
Germany | 68.2 | N/A | N/A | 2.1 | -68.7% |
Others | 758 | 6.9 | 72.0 | 4.8 | -81.5% |
Total | 1,498 | 813 | 1,220 | 934 | -14.6% |
Top Suppliers of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% to Lithuania in 2022:
- Netherlands (153.1 tons)
- Latvia (67.6 tons)
- Poland (42.9 tons)
- Ireland (41.4 tons)
- Estonia (5.7 tons)
- Germany (0.8 tons)
Exports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Lithuania
Exports of powdered sweetened milk and cream of fat weight content over 1.5% from Lithuania skyrocketed to 22 tons in 2022, rising by 151% against the year before. Overall, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 265% against the previous year. As a result, the exports reached the peak of 43 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of powdered sweetened milk and cream of fat weight content over 1.5% skyrocketed to $87K in 2022. In general, exports continue to indicate significant growth.
Export of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Romania | N/A | N/A | N/A | 54.1 | 0% |
Estonia | 4.7 | 7.6 | 6.4 | 11.8 | 35.9% |
United Kingdom | 3.2 | 8.1 | 4.3 | 10.0 | 46.2% |
Greece | 4.6 | 1.8 | 5.6 | 3.8 | -6.2% |
Moldova | N/A | N/A | N/A | 3.2 | 0% |
Latvia | 0.6 | 0.9 | 0.6 | 1.3 | 29.4% |
Bangladesh | N/A | 39.9 | N/A | N/A | 0% |
Czech Republic | N/A | 29.9 | N/A | N/A | 0% |
Others | 13.6 | 1.0 | 3.2 | 2.9 | -40.3% |
Total | 26.8 | 89.2 | 20.1 | 87.2 | 48.2% |
Top Export Markets for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% from Lithuania in 2022:
- Romania (9.4 tons)
- Estonia (3.9 tons)
- United Kingdom (3.5 tons)
- Moldova (2.7 tons)
- Greece (1.6 tons)
- Latvia (0.4 tons)
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