Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Bulgaria - 2024

Contents:

  1. Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Bulgaria (CIF) - 2022
  2. Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Bulgaria (FOB) - 2022
  3. Imports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Bulgaria
  4. Exports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Bulgaria

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

The average import price for powdered unsweetened milk and cream of fat weight content over 1.5% stood at $4,310 per ton in 2022, rising by 25% against the previous year. Overall, the import price enjoyed strong growth. The pace of growth appeared the most rapid in 2013 when the average import price increased by 51%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

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 Belgium ($6,863 per ton), while the price for the Czech Republic ($2,135 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Bulgaria (FOB) - 2022

The average export price for powdered unsweetened milk and cream of fat weight content over 1.5% stood at $5,032 per ton in 2022, increasing by 35% against the previous year. Overall, the export price enjoyed resilient growth. The pace of growth appeared the most rapid in 2017 an increase of 215% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cyprus ($6,550 per ton), while the average price for exports to Cote d'Ivoire ($2,368 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+20.9%), 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 Bulgaria

Imports of powdered unsweetened milk and cream of fat weight content over 1.5% into Bulgaria reduced notably to 588 tons in 2022, dropping by -23.8% against the previous year. In general, imports faced a sharp setback.

In value terms, imports of powdered unsweetened milk and cream of fat weight content over 1.5% shrank slightly to $2.5M in 2022. Over the period under review, imports showed a sharp downturn.

Import of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland32637642679434.5%
Netherlands1,299621707779-15.7%
Greece15.181.5315269161.2%
Czech Republic15316719221912.7%
UkraineN/AN/AN/A1830%
Germany2361,670170126-18.9%
Slovenia26.322.026.846.420.8%
Belgium3462783164.8-76.0%
Portugal707200N/AN/A-71.7%
Others3,535492507112-68.4%
Total6,6443,9082,6592,533-27.5%

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

  1. Poland (162.9 tons)
  2. Netherlands (160.6 tons)
  3. Czech Republic (102.5 tons)
  4. Greece (54.5 tons)
  5. Ukraine (41.0 tons)
  6. Germany (34.0 tons)
  7. Slovenia (9.0 tons)
  8. Belgium (0.7 tons)

Exports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Bulgaria

After two years of decline, shipments abroad of powdered unsweetened milk and cream of fat weight content over 1.5% increased by 7.6% to 91 tons in 2022. Over the period under review, exports, however, recorded a sharp shrinkage.

In value terms, exports of powdered unsweetened milk and cream of fat weight content over 1.5% soared to $459K in 2022. In general, exports, however, continue to indicate a significant decrease.

Export of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
UkraineN/AN/AN/A2180%
Romania274112110144-19.3%
Greece40786.189.444.8-52.1%
Cote d'Ivoire10.1N/A25.938.956.8%
Cyprus20.425.040.09.4-22.8%
United Kingdom11.57.5N/A1.8-46.1%
North Macedonia26446.749.3N/A-56.8%
Serbia516172N/AN/A-66.7%
Others1,50311.31.01.8-89.4%
Total3,006461316459-46.6%

Top Export Markets for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% from Bulgaria in 2022:

  1. Ukraine (33.8 tons)
  2. Romania (29.5 tons)
  3. Cote d'Ivoire (16.4 tons)
  4. Greece (8.6 tons)
  5. Cyprus (1.4 tons)
  6. United Kingdom (1.1 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Dairy produce; milk and cream, concentrated, not containing added sugar or other sweetening matter, in powder, granules or other solid forms, of a fat content exceeding 1.5% (by weight) - Bulgaria