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

Contents:

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

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

The average import price for powdered sweetened milk and cream of fat weight content over 1.5% stood at $3,922 per ton in 2022, jumping by 26% against the previous year. Overall, the import price recorded a perceptible expansion. The most prominent rate of growth was recorded in 2014 an increase of 76%. The import price peaked at $8,967 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Panama ($6,624 per ton), while the price for Brazil ($1,586 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+28.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, after three years of growth, there was significant decline in supplies from abroad of powdered sweetened milk and cream of fat weight content over 1.5%, when their volume decreased by -25% to 105 tons. Over the period under review, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 329% against the previous year.

In value terms, imports of powdered sweetened milk and cream of fat weight content over 1.5% fell to $411K in 2022. In general, imports, however, recorded significant growth. The growth pace was the most rapid in 2020 with an increase of 179% against the previous year.

Import of Powdered Sweetened Milk and Cream of Fat Weight Content over 1.5% in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Egypt86.220129830752.7%
UkraineN/A72.310872.50.1%
Panama11.415.018.621.523.6%
Brazil4.25.99.99.631.7%
Others3.81.11.10.9-38.1%
Total10629543541157.1%

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

  1. Egypt (62.3 tons)
  2. Ukraine (33.0 tons)
  3. Brazil (6.1 tons)
  4. Panama (3.3 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) - Venezuela