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

Contents:

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

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

The average import price for powdered sweetened milk and cream of fat weight content over 1.5% stood at $5,352 per ton in 2022, shrinking by -27.3% against the previous year. Over the period under review, the import price, however, continues to indicate a notable increase. The growth pace was the most rapid in 2019 an increase of 95%. As a result, import price reached the peak level of $8,129 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hungary ($13,669 per ton), while the price for Italy ($3,214 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+12.9%), 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 Romania (FOB) - 2022

The average export price for powdered sweetened milk and cream of fat weight content over 1.5% stood at $9,521 per ton in 2022, reducing by -28.7% against the previous year. Over the period under review, the export price, however, continues to indicate a prominent increase. The pace of growth was the most pronounced in 2013 when the average export price increased by 267% against the previous year. The export price peaked at $13,347 per ton in 2021, and then contracted significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bulgaria ($20,055 per ton), while the average price for exports to Italy ($5,598 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 (+43.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of powdered sweetened milk and cream of fat weight content over 1.5% imported into Romania dropped remarkably to 265 tons, waning by -21.6% on 2021. In general, imports continue to indicate a deep setback. The growth pace was the most rapid in 2021 with an increase of 40% against the previous year.

In value terms, imports of powdered sweetened milk and cream of fat weight content over 1.5% contracted dramatically to $1.4M in 2022. Over the period under review, imports saw a dramatic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 45%.

Import of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France55596188884915.2%
Italy36.8191410371116.0%
Hungary2432261,13577.8-31.6%
Czech Republic21.10.1N/A71.149.9%
Germany28.415.56.747.018.3%
Poland0.472.725.30.1-37.0%
Netherlands6711063.1N/A-93.2%
Others1,64814819.41.9-89.5%
Total3,2041,7202,4871,417-23.8%

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

  1. France (117.4 tons)
  2. Italy (115.3 tons)
  3. Czech Republic (13.7 tons)
  4. Germany (12.4 tons)
  5. Hungary (5.7 tons)

Exports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Romania

In 2022, the amount of powdered sweetened milk and cream of fat weight content over 1.5% exported from Romania dropped notably to 21 tons, which is down by -52.1% against 2021. Overall, exports faced a precipitous decrease.

In value terms, exports of powdered sweetened milk and cream of fat weight content over 1.5% shrank markedly to $199K in 2022. Over the period under review, exports faced a precipitous curtailment. The smallest decline of -44.6% was in 2021.

Export of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,73875741065.5-66.5%
Greece31926711461.1-42.4%
BulgariaN/A0.526.348.8887.9%
United Kingdom1.83.517.39.372.9%
Italy6.19.211.69.214.7%
BelgiumN/AN/AN/A3.20%
Others2,15613.21.91.6-90.9%
Total4,2211,051582199-63.9%

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

  1. Greece (9.6 tons)
  2. China (5.7 tons)
  3. Bulgaria (2.4 tons)
  4. Italy (1.6 tons)
  5. United Kingdom (1.0 tons)
  6. Belgium (0.3 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) - Romania