Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Belgium - 2024
Contents:
- Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Belgium (CIF) - 2024
- Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Belgium (FOB) - 2024
- Imports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Belgium
- Exports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Belgium
Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Belgium (CIF) - 2024
The average import price for powdered unsweetened milk and cream of fat weight content over 1.5% stood at $4,780 per ton in March 2024, jumping by 33% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The import price peaked at $4,880 per ton in March 2023; however, from April 2023 to March 2024, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In March 2024, the country with the highest price was New Zealand ($4,818 per ton), while the price for the UK amounted to $3,537 per ton.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by the UK (+0.4%), while the prices for the other major suppliers experienced a decline.
Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Belgium (FOB) - 2024
In March 2024, the average export price for powdered unsweetened milk and cream of fat weight content over 1.5% amounted to $4,509 per ton, standing approximately at the previous month. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2024 an increase of 9% month-to-month. Over the period under review, the average export prices attained the peak figure at $4,531 per ton in February 2024, and then declined in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Cabo Verde ($4,983 per ton), while the average price for exports to the United Arab Emirates ($2,614 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 Nigeria (+26.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Belgium
In 2022, approx. 66K tons of powdered unsweetened milk and cream of fat weight content over 1.5% were imported into Belgium; growing by 28% on the previous year. Overall, imports, however, saw a pronounced descent. The pace of growth was the most pronounced in 2021 with an increase of 78% against the previous year.
In value terms, imports of powdered unsweetened milk and cream of fat weight content over 1.5% surged to $280M in 2022. In general, imports showed a pronounced increase. The most prominent rate of growth was recorded in 2021 when imports increased by 73%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 34.0 | 28.6 | 56.3 | 78.1 | 31.9% |
| Germany | 15.3 | 34.7 | 68.2 | 76.0 | 70.6% |
| France | 14.5 | 20.5 | 38.6 | 51.1 | 52.2% |
| United Kingdom | 52.0 | 13.8 | 1.3 | 28.0 | -18.6% |
| Ireland | 2.0 | 2.6 | 5.2 | 22.0 | 122.4% |
| Denmark | 1.6 | 1.7 | 6.1 | 7.6 | 68.1% |
| New Zealand | 10.5 | 1.7 | 3.1 | 7.6 | -10.2% |
| Others | 133 | 2.0 | 3.7 | 10.0 | -57.8% |
| Total | 263 | 106 | 183 | 280 | 2.1% |
Top Suppliers of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% to Belgium in 2022:
- Netherlands (19.5K tons)
- Germany (17.3K tons)
- France (11.9K tons)
- United Kingdom (7.3K tons)
- Ireland (4.9K tons)
- Denmark (1.7K tons)
- New Zealand (1.6K tons)
Exports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Belgium
For the third year in a row, Belgium recorded decline in overseas shipments of powdered unsweetened milk and cream of fat weight content over 1.5%, which decreased by -30.7% to 33K tons in 2022. Overall, exports showed a dramatic shrinkage. The smallest decline of -29.3% was in 2020.
In value terms, exports of powdered unsweetened milk and cream of fat weight content over 1.5% reduced to $154M in 2022. Over the period under review, exports recorded a sharp setback.
| Export of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 18.3 | 26.1 | 23.7 | 26.6 | 13.3% |
| Netherlands | 38.7 | 15.8 | 20.2 | 19.8 | -20.0% |
| Germany | 13.6 | 13.2 | 9.0 | 16.1 | 5.8% |
| Italy | 6.6 | 9.0 | 10.1 | 15.3 | 32.3% |
| Poland | 4.6 | 4.3 | 8.5 | 12.5 | 39.5% |
| Cabo Verde | 5.8 | 8.5 | 9.9 | 9.6 | 18.3% |
| Algeria | 11.2 | 47.2 | 24.9 | 9.0 | -7.0% |
| Colombia | N/A | N/A | N/A | 5.1 | 0% |
| Spain | 4.1 | 7.3 | 4.9 | 4.4 | 2.4% |
| Israel | 1.8 | 3.2 | 3.5 | 4.3 | 33.7% |
| Dominican Republic | 0.2 | 0.9 | 2.3 | 3.0 | 146.6% |
| Lebanon | 5.3 | 4.3 | 3.4 | 2.8 | -19.2% |
| Oman | 0.6 | 26.8 | 6.7 | N/A | 234.2% |
| Others | 228 | 76.3 | 44.3 | 25.8 | -51.6% |
| Total | 338 | 243 | 172 | 154 | -23.1% |
Top Export Markets for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% from Belgium in 2022:
- France (5.9K tons)
- Netherlands (4.6K tons)
- Germany (3.3K tons)
- Italy (3.2K tons)
- Poland (3.0K tons)
- Cabo Verde (2.0K tons)
- Algeria (1.9K tons)
- Colombia (1.0K tons)
- Israel (0.9K tons)
- Spain (0.9K tons)
- Dominican Republic (0.6K tons)
- Lebanon (0.5K tons)
114
This report provides an in-depth analysis of the whole powdered milk market in Belgium.
658
This report provides an in-depth analysis of the market for powdered, condensed or evaporated milk in Belgium.
654
This report provides an in-depth analysis of the market for evaporated and condensed milk in Belgium.
550
This report provides an in-depth analysis of the market for sweetened condensed and evaporated milk in Belgium.
569
This report provides an in-depth analysis of the market for unsweetened condensed and evaporated milk in Belgium.
423
This report provides an in-depth analysis of the powdered milk market in Belgium.
130
This report provides an in-depth analysis of the skim powdered milk market in Belgium.
285
This report provides an in-depth analysis of the market for powdered, evaporated and condensed milk in Belgium.
169
This report provides an in-depth analysis of the global whole powdered milk market.
1562
This report provides an in-depth analysis of the global market for powdered, condensed or evaporated milk.
174
Discover the top 10 countries with the highest import values for whole powdered milk in 2023. Learn about the trends and factors driving the demand for this dairy product in key markets.
1376
Germany dominates in the global skimmed milk trade. In 2014, Germany exported X thousand tons of skimmed milk totaling X million USD, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total skimmed mi
1754
New Zealand seized control of the market for evaporated and condensed milk. In 2014, New Zealand exported X thousand tons of evaporated and condensed milk totaling X million USD, X% over the previous year. Its primary trading partner was Chin
404
Explore the top import markets for powdered milk and discover key statistics and numbers showcasing the global trade in this sector. China, Algeria, Indonesia, Mexico, United Arab Emirates, Philippines, Netherlands, Malaysia, Belgium, and Thailand are the leading countries in the import value of powdered milk.
424
Explore the top import markets for powdered, evaporated, and condensed milk in the world. Learn about the countries with the highest import values and key statistics. Find out how IndexBox market intelligence platform provides valuable insights.
174
Discover the top 10 countries with the highest import values for whole powdered milk in 2023. Learn about the trends and factors driving the demand for this dairy product in key markets.
1376
Germany dominates in the global skimmed milk trade. In 2014, Germany exported X thousand tons of skimmed milk totaling X million USD, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total skimmed mi
1754
New Zealand seized control of the market for evaporated and condensed milk. In 2014, New Zealand exported X thousand tons of evaporated and condensed milk totaling X million USD, X% over the previous year. Its primary trading partner was Chin
404
Explore the top import markets for powdered milk and discover key statistics and numbers showcasing the global trade in this sector. China, Algeria, Indonesia, Mexico, United Arab Emirates, Philippines, Netherlands, Malaysia, Belgium, and Thailand are the leading countries in the import value of powdered milk.
424
Explore the top import markets for powdered, evaporated, and condensed milk in the world. Learn about the countries with the highest import values and key statistics. Find out how IndexBox market intelligence platform provides valuable insights.
