Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Spain - 2024
Contents:
- Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Spain (CIF) - 2024
- Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Spain (FOB) - 2024
- Imports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Spain
- Exports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Spain
Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Spain (CIF) - 2024
In March 2024, the average import price for powdered sweetened milk and cream of fat weight content over 1.5% amounted to $2,562 per ton, shrinking by -19.2% against the previous month. In general, the import price continues to indicate a abrupt setback. The growth pace was the most rapid in August 2023 an increase of 68% m-o-m. The import price peaked at $6,976 per ton in January 2024; however, from February 2024 to March 2024, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($16,297 per ton), while the price for France ($1,680 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 Germany (+8.2%), 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 Spain (FOB) - 2024
The average export price for powdered sweetened milk and cream of fat weight content over 1.5% stood at $5,620 per ton in March 2024, picking up by 3.6% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in November 2023 when the average export price increased by 15% against the previous month. The export price peaked at $6,067 per ton in June 2023; however, from July 2023 to March 2024, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Mauritania ($11,521 per ton), while the average price for exports to France ($3,267 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+1.1%), while the prices for the other major destinations experienced a decline.
Imports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Spain
In 2022, approx. 3.7K tons of powdered sweetened milk and cream of fat weight content over 1.5% were imported into Spain; falling by -33.5% against 2021. Over the period under review, imports faced a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 17%.
In value terms, imports of powdered sweetened milk and cream of fat weight content over 1.5% plummeted to $17M in 2022. Overall, imports continue to indicate a noticeable decline. The pace of growth appeared the most rapid in 2021 when imports increased by 32%. As a result, imports reached the peak of $21M, and then fell rapidly in the following year.
| Import of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 0.9 | 2.4 | 7.8 | 5.8 | 86.1% |
| France | 7.8 | 9.5 | 8.6 | 5.5 | -11.0% |
| Germany | 0.7 | 3.7 | 3.8 | 4.9 | 91.3% |
| Ireland | N/A | N/A | 0.4 | 0.6 | 50.0% |
| Poland | 0.1 | 0.2 | 0.3 | 0.3 | 44.2% |
| Others | 10.1 | 0.1 | 0.1 | 0.2 | -72.9% |
| Total | 19.7 | 15.9 | 21.0 | 17.3 | -4.2% |
Top Suppliers of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% to Spain in 2022:
- France (1950.7 tons)
- Netherlands (797.7 tons)
- Germany (689.7 tons)
- Ireland (152.8 tons)
- Poland (87.5 tons)
Exports of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Spain
In 2022, exports of powdered sweetened milk and cream of fat weight content over 1.5% from Spain contracted markedly to 1.1K tons, which is down by -69.8% on 2021. Overall, exports recorded a dramatic descent. The pace of growth appeared the most rapid in 2021 with an increase of 20% against the previous year.
In value terms, exports of powdered sweetened milk and cream of fat weight content over 1.5% reduced sharply to $4.7M in 2022. Over the period under review, exports faced a sharp contraction. The pace of growth was the most pronounced in 2021 with an increase of 39%. As a result, the exports attained the peak of $16M, and then contracted significantly in the following year.
| Export of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 0.7 | 0.8 | 1.4 | 1.4 | 26.0% |
| Germany | 6.5 | 8.5 | 10.7 | 1.1 | -44.7% |
| Italy | N/A | N/A | 0.8 | 0.9 | 12.5% |
| France | N/A | N/A | 0.4 | 0.7 | 75.0% |
| Cuba | N/A | 0.2 | 0.5 | 0.3 | 22.5% |
| Netherlands | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
| United Kingdom | N/A | 2.1 | 2.3 | 0.1 | -78.2% |
| Others | 7.3 | 0.1 | 0.1 | 0.2 | -69.9% |
| Total | 14.5 | 11.9 | 16.4 | 4.7 | -31.3% |
Top Export Markets for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% from Spain in 2022:
- Germany (272.8 tons)
- Portugal (268.1 tons)
- Italy (240.7 tons)
- France (149.1 tons)
- Cuba (113.6 tons)
- Netherlands (18.8 tons)
- United Kingdom (14.7 tons)
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