Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Pakistan - 2023
Contents:
- Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Pakistan (FOB) - 2022
- Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Pakistan (CIF) - 2022
- Exports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Pakistan
- Imports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Pakistan
Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Pakistan (FOB) - 2022
In 2022, the average export price for powdered sweetened milk and cream of fat weight content over 1.5% amounted to $1,514 per ton, declining by -64.9% against the previous year. Overall, the export price recorded a abrupt decrease. The growth pace was the most rapid in 2021 an increase of 87%. Over the period under review, the average export prices attained the peak figure at $7,103 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($4,622 per ton), while the average price for exports to Afghanistan ($1,067 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 Singapore (+83.9%), 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 Pakistan (CIF) - 2022
The average import price for powdered sweetened milk and cream of fat weight content over 1.5% stood at $2,880 per ton in 2022, with a decrease of -41.7% against the previous year. In general, the import price saw a mild curtailment. The most prominent rate of growth was recorded in 2020 an increase of 85%. Over the period under review, average import prices reached the maximum at $4,942 per ton in 2021, and then declined rapidly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($3,309 per ton), while the price for the UK ($1,944 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+11.5%), 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 Pakistan
In 2022, the amount of powdered sweetened milk and cream of fat weight content over 1.5% exported from Pakistan skyrocketed to 290 tons, jumping by 139% against 2021 figures. In general, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of powdered sweetened milk and cream of fat weight content over 1.5% dropped notably to $439K in 2022. Overall, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 165%. As a result, the exports reached the peak of $565K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Afghanistan | 43.5 | 159 | N/A | 122 | 41.0% |
| United States | 15.1 | 69.3 | 151 | 59.3 | 57.8% |
| United Arab Emirates | 33.7 | 48.9 | 56.5 | 35.0 | 1.3% |
| Canada | 12.9 | 2.0 | 29.8 | N/A | 52.0% |
| Others | 108 | 286 | 286 | 223 | 27.3% |
| Total | 213 | 565 | 523 | 439 | 27.3% |
Top Export Markets for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% from Pakistan in 2022:
- Afghanistan (114.2 tons)
- United States (22.4 tons)
- United Arab Emirates (7.6 tons)
Imports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Pakistan
In 2022, the amount of powdered sweetened milk and cream of fat weight content over 1.5% imported into Pakistan reduced dramatically to 45 tons, dropping by -48% compared with 2021 figures. Overall, imports faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 2,093% against the previous year.
In value terms, imports of powdered sweetened milk and cream of fat weight content over 1.5% reduced rapidly to $131K in 2022. Over the period under review, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 2,452%. As a result, imports reached the peak of $432K, and then fell significantly in the following year.
| Import of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 72.8 | 3.8 | 7.0 | 45.8 | -14.3% |
| United Arab Emirates | 11.3 | 1.0 | 7.8 | 14.5 | 8.7% |
| United Kingdom | 5.6 | N/A | N/A | 5.2 | -2.4% |
| Belgium | 0.9 | N/A | 201 | N/A | 1394.4% |
| Germany | 3.9 | N/A | N/A | N/A | 0% |
| Others | 107 | 12.1 | 216 | 65.5 | -15.1% |
| Total | 201 | 16.9 | 432 | 131 | -13.3% |
Top Suppliers of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% to Pakistan in 2022:
- France (13.8 tons)
- United Arab Emirates (6.2 tons)
- United Kingdom (2.7 tons)
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