Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Austria - 2024
Contents:
- Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Austria (FOB) - 2024
- Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Austria (CIF) - 2023
- Exports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Austria
- Imports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Austria
Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Austria (FOB) - 2024
In March 2024, the average export price for powdered unsweetened milk and cream of fat weight content over 1.5% amounted to $6,428 per ton, surging by 26% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.3%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In March 2024, the country with the highest price was Switzerland ($11,850 per ton), while the average price for exports to the UK ($4,928 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 Greece (+16.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Austria (CIF) - 2023
The average import price for powdered unsweetened milk and cream of fat weight content over 1.5% stood at $4,627 per ton in December 2023, shrinking by -11.7% against the previous month. Over the period under review, the import price recorded a pronounced downturn. The pace of growth appeared the most rapid in November 2023 when the average import price increased by 20% against the previous month. Over the period under review, average import prices reached the peak figure at $5,888 per ton in December 2022; however, from January 2023 to December 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In December 2023, the countries with the highest prices were the Czech Republic ($5,098 per ton) and Germany ($4,593 per ton), while the price for Italy ($4,497 per ton) and the Netherlands ($4,545 per ton) were amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Poland (-0.5%), while the prices for the other major suppliers experienced a decline.
Exports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Austria
In 2022, shipments abroad of powdered unsweetened milk and cream of fat weight content over 1.5% increased by 52% to 6.8K tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, faced a abrupt setback.
In value terms, exports of powdered unsweetened milk and cream of fat weight content over 1.5% soared to $35M in 2022. In general, exports, however, saw a abrupt decline.
| Export of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 8.8 | 12.2 | 10.5 | 20.6 | 32.8% |
| Australia | 8.3 | 2.3 | 2.4 | 2.3 | -34.8% |
| Singapore | 4.9 | 3.3 | 3.8 | 2.2 | -23.4% |
| Netherlands | 1.0 | 0.3 | 1.3 | 1.9 | 23.9% |
| Italy | N/A | 0.1 | 0.2 | 1.8 | 324.3% |
| Denmark | N/A | N/A | N/A | 1.2 | 0% |
| Spain | 0.1 | 0.2 | 0.3 | 0.8 | 100.0% |
| New Zealand | 4.8 | 1.9 | N/A | N/A | -60.4% |
| Others | 33.3 | 1.5 | 2.3 | 4.1 | -50.3% |
| Total | 61.3 | 21.7 | 20.7 | 34.9 | -17.1% |
Top Export Markets for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% from Austria in 2022:
- Germany (4040.6 tons)
- Singapore (517.5 tons)
- Netherlands (462.7 tons)
- Italy (428.7 tons)
- Australia (313.3 tons)
- Denmark (237.9 tons)
- Spain (159.6 tons)
Imports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Austria
In 2022, approx. 4.6K tons of powdered unsweetened milk and cream of fat weight content over 1.5% were imported into Austria; rising by 21% against the year before. Overall, imports, however, continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 23% against the previous year.
In value terms, imports of powdered unsweetened milk and cream of fat weight content over 1.5% surged to $24M in 2022. In general, imports, however, recorded a pronounced reduction.
| Import of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 11.4 | 10.0 | 8.9 | 7.0 | -15.0% |
| Netherlands | 0.6 | 0.5 | 0.7 | 5.7 | 111.8% |
| Portugal | N/A | N/A | 1.1 | 4.6 | 318.2% |
| Poland | 0.1 | N/A | 0.9 | 2.2 | 180.2% |
| Czech Republic | 0.4 | 0.2 | 1.6 | 2.0 | 71.0% |
| Italy | 0.5 | 0.2 | 1.2 | 1.2 | 33.9% |
| Belgium | N/A | N/A | N/A | 1.1 | 0% |
| Others | 13.5 | 0.4 | 0.2 | 0.2 | -75.4% |
| Total | 26.5 | 11.4 | 14.5 | 24.0 | -3.2% |
Top Suppliers of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% to Austria in 2022:
- Germany (1250.0 tons)
- Netherlands (1161.1 tons)
- Portugal (867.7 tons)
- Poland (428.6 tons)
- Czech Republic (389.6 tons)
- Italy (237.5 tons)
- Belgium (223.6 tons)
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