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

Contents:

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

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

In 2022, the average import price for powdered sweetened milk and cream of fat weight content over 1.5% amounted to $4,145 per ton, with a decrease of -37.9% against the previous year. In general, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when the average import price increased by 38%. The import price peaked at $6,674 per ton in 2021, and then shrank dramatically in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($84,000 per ton), while the price for Denmark ($1,319 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+39.2%), 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 Sweden (FOB) - 2022

The average export price for powdered sweetened milk and cream of fat weight content over 1.5% stood at $4,445 per ton in 2022, shrinking by -26.4% against the previous year. Overall, the export price, however, enjoyed a modest expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by 109%. Over the period under review, the average export prices reached the maximum at $7,276 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($15,200 per ton), while the average price for exports to Belgium ($4,313 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 the UK (+14.9%), 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 Sweden

In 2022, approx. 303 tons of powdered sweetened milk and cream of fat weight content over 1.5% were imported into Sweden; declining by -33.9% on the year before. In general, imports faced a dramatic shrinkage.

In value terms, imports of powdered sweetened milk and cream of fat weight content over 1.5% reduced markedly to $1.3M in 2022. Overall, imports showed a sharp slump. The smallest decline of -28.3% was in 2021.

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

1. Denmark (169.7 tons)
2. Netherlands (121.3 tons)
3. France (12.0 tons)

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

After two years of decline, shipments abroad of powdered sweetened milk and cream of fat weight content over 1.5% increased by 1.3% to 218 tons in 2022. Overall, exports, however, recorded a significant decrease.

In value terms, exports of powdered sweetened milk and cream of fat weight content over 1.5% contracted markedly to $970K in 2022. Over the period under review, exports, however, continue to indicate a sharp curtailment. The pace of growth was the most pronounced in 2021 with an increase of 2.4% against the previous year.

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

1. Belgium (166.2 tons)
2. Netherlands (37.3 tons)
3. Germany (12.1 tons)

Source: IndexBox Market Intelligence Platform