Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Bolivia - 2024
Contents:
- Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Bolivia (FOB) - 2024
- Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Bolivia (CIF) - 2022
- Exports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Bolivia
- Imports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Bolivia
Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Bolivia (FOB) - 2024
In April 2024, the average export price for powdered unsweetened milk and cream of fat weight content over 1.5% amounted to $4,056 per ton, remaining stable against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 when the average export price increased by 2.6% m-o-m. The export price peaked in April 2024.
Average prices varied noticeably for the major foreign markets. In April 2024, the country with the highest price was Peru ($4,715 per ton), while the average price for exports to Colombia totaled $3,891 per ton.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+0.1%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Bolivia (CIF) - 2022
The average import price for powdered unsweetened milk and cream of fat weight content over 1.5% stood at $7,688 per ton in 2022, jumping by 127% against the previous year. Over the period under review, the import price continues to indicate a strong expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($6,035 per ton), while the price for Panama ($2,228 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Paraguay (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Bolivia
Exports of powdered unsweetened milk and cream of fat weight content over 1.5% from Bolivia rose sharply to 19K tons in 2022, with an increase of 6.3% against 2021 figures. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 45% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of powdered unsweetened milk and cream of fat weight content over 1.5% soared to $82M in 2022. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 56% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in years to come.
| Export of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Bolivia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 12.7 | 17.2 | 24.9 | 34.6 | 39.7% |
| Peru | 3.6 | 3.3 | 7.3 | 6.2 | 19.9% |
| Others | 16.3 | 20.6 | 32.2 | 41.2 | 36.2% |
| Total | 32.6 | 41.2 | 64.3 | 82.0 | 36.0% |
Top Export Markets for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% from Bolivia in 2022:
- Colombia (8.1K tons)
- Peru (1.4K tons)
Imports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Bolivia
In 2022, overseas purchases of powdered unsweetened milk and cream of fat weight content over 1.5% decreased by -45.4% to 667 tons, falling for the second year in a row after two years of growth. In general, imports saw a dramatic slump. The pace of growth was the most pronounced in 2020 with an increase of 47% against the previous year. As a result, imports reached the peak of 2.4K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of powdered unsweetened milk and cream of fat weight content over 1.5% soared to $5.1M in 2022. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by 43%. As a result, imports attained the peak of $7.5M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Bolivia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Paraguay | 377 | 1,248 | 799 | 1,478 | 57.7% |
| Uruguay | 534 | 1,188 | 540 | 510 | -1.5% |
| Netherlands | 421 | 324 | 240 | 501 | 6.0% |
| Panama | N/A | 579 | 361 | 73.9 | -64.3% |
| New Zealand | 933 | 283 | N/A | N/A | -69.7% |
| Argentina | 291 | 81.6 | 95.1 | N/A | -42.8% |
| Chile | 67.0 | 58.2 | 33.2 | N/A | -29.6% |
| Others | 2,624 | 3,764 | 2,068 | 2,563 | -0.8% |
| Total | 5,247 | 7,527 | 4,135 | 5,126 | -0.8% |
Top Suppliers of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% to Bolivia in 2022:
- Paraguay (417.8 tons)
- Uruguay (132.7 tons)
- Netherlands (83.0 tons)
- Panama (33.2 tons)
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