Price for Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Uruguay - 2022

Contents:

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

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

In 2022, the average import price for powdered sweetened milk and cream of fat weight content over 1.5% amounted to $5,111 per ton, dropping by -43.1% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 26%. Over the period under review, average import prices hit record highs at $8,982 per ton in 2021, and then reduced dramatically in the following year.

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 Brazil ($5,500 per ton), while the price for Germany totaled $2,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+3.5%), while the prices for the other major suppliers experienced a decline.

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

In 2022, approx. 9 kg of powdered sweetened milk and cream of fat weight content over 1.5% were imported into Uruguay; declining by -99.5% compared with the year before. Over the period under review, imports continue to indicate a sharp decline.

In value terms, imports of powdered sweetened milk and cream of fat weight content over 1.5% dropped significantly to $46 in 2022. Overall, imports faced a dramatic decline.

Import of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Uruguay (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
Italy16.6N/A0%
GermanyN/AN/A0%
BrazilN/AN/A0%
OthersN/AN/A0%
Total16.6N/A0%

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

  1. Brazil (8.0 kg)
  2. Germany (1.0 kg)

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) - Uruguay