Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Chile - 2024
Contents:
- Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Chile (FOB) - 2024
- Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Chile (CIF) - 2022
- Exports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Chile
- Imports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Chile
Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Chile (FOB) - 2024
In April 2024, the average export price for powdered unsweetened milk and cream of fat weight content over 1.5% amounted to $3,713 per ton, dropping by -3.6% against the previous month. Overall, the export price showed a perceptible curtailment. The most prominent rate of growth was recorded in March 2024 when the average export price increased by 4.5% month-to-month. The export price peaked at $4,402 per ton in October 2023; however, from November 2023 to April 2024, the export prices remained at a lower figure.
Average prices varied somewhat for the major overseas markets. In April 2024, the highest price was recorded for prices to Cuba ($4,739 per ton) and the United States ($3,726 per ton), while the average price for exports to Brazil ($3,350 per ton) and Colombia ($3,722 per ton) were amongst the lowest.
From October 2023 to April 2024, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+8.0%), 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 Chile (CIF) - 2022
The average import price for powdered unsweetened milk and cream of fat weight content over 1.5% stood at $4,147 per ton in 2022, rising by 16% against the previous year. Over the period under review, the import price showed a modest increase. The most prominent rate of growth was recorded in 2013 an increase of 105% against the previous year. As a result, import price attained the peak level of $7,510 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($9,100 per ton), while the price for the United States ($3,842 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+24.7%), 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 Chile
In 2022, approx. 21K tons of powdered unsweetened milk and cream of fat weight content over 1.5% were exported from Chile; picking up by 528% compared with the year before. Overall, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of powdered unsweetened milk and cream of fat weight content over 1.5% skyrocketed to $86M in 2022. In general, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 1.0 | 0.1 | 2.5 | 34.0 | 224.0% |
| China | 3.4 | 2.2 | 0.7 | 3.4 | 0.0% |
| Cuba | 1.4 | 0.2 | 1.5 | 3.3 | 33.1% |
| Singapore | N/A | N/A | N/A | 1.2 | 0% |
| Bolivia | 0.9 | 1.6 | 0.6 | 0.3 | -30.7% |
| Peru | 0.9 | 0.5 | 0.4 | 0.3 | -30.7% |
| Venezuela | 3.1 | N/A | N/A | 0.1 | -68.2% |
| Others | 10.7 | 5.9 | 5.7 | 43.6 | 59.7% |
| Total | 21.4 | 10.5 | 11.5 | 86.2 | 59.1% |
Top Export Markets for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% from Chile in 2022:
- Colombia (8.1K tons)
- China (0.9K tons)
- Cuba (0.7K tons)
- Singapore (0.3K tons)
- Bolivia (0.2K tons)
- Peru (0.1K tons)
Imports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Chile
In 2022, purchases abroad of powdered unsweetened milk and cream of fat weight content over 1.5% decreased by -46.2% to 6.6K tons, falling for the second consecutive year after two years of growth. In general, imports, however, continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2020 with an increase of 268% against the previous year. As a result, imports attained the peak of 19K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of powdered unsweetened milk and cream of fat weight content over 1.5% shrank markedly to $28M in 2022. Overall, imports, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2020 with an increase of 260%. As a result, imports reached the peak of $61M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 1.2 | 9.8 | 2.3 | 7.9 | 87.4% |
| Uruguay | 5.7 | 7.2 | 11.2 | 3.8 | -12.6% |
| Brazil | N/A | N/A | N/A | 1.1 | 0% |
| United States | 1.1 | 0.6 | 1.2 | 0.5 | -23.1% |
| France | 0.2 | 0.4 | 0.3 | 0.3 | 14.5% |
| New Zealand | 0.4 | 11.8 | 7.1 | N/A | 321.3% |
| Others | 8.6 | 31.7 | 22.1 | 13.8 | 17.1% |
| Total | 17.0 | 61.4 | 44.1 | 27.5 | 17.4% |
Top Suppliers of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% to Chile in 2022:
- Argentina (2.0K tons)
- Uruguay (0.9K tons)
- Brazil (0.1K tons)
- France (0.1K tons)
- United States (0.1K tons)
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