Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Colombia - 2024
Contents:
- Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Colombia (CIF) - 2024
- Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Colombia (FOB) - 2022
- Imports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Colombia
- Exports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Colombia
Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Colombia (CIF) - 2024
The average import price for powdered unsweetened milk and cream of fat weight content over 1.5% stood at $3,877 per ton in February 2024, almost unchanged from the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 5.1% m-o-m. Over the period under review, average import prices hit record highs at $4,100 per ton in May 2023; however, from June 2023 to February 2024, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In February 2024, the countries with the highest prices were Poland ($3,990 per ton) and Bolivia ($3,951 per ton), while the price for Chile ($3,838 per ton) and France ($3,929 per ton) were amongst the lowest.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by the United States (+0.6%), 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 Colombia (FOB) - 2022
The average export price for powdered unsweetened milk and cream of fat weight content over 1.5% stood at $5,042 per ton in 2022, growing by 34% against the previous year. In general, the export price, however, continues to indicate a mild decline. The growth pace was the most rapid in 2021 when the average export price increased by 50% against the previous year. Over the period under review, the average export prices hit record highs at $5,810 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Ecuador ($5,516 per ton), while the average price for exports to Venezuela amounted to $4,894 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (+2.2%), while the prices for the other major destinations experienced a decline.
Imports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Colombia
In 2022, approx. 49K tons of powdered unsweetened milk and cream of fat weight content over 1.5% were imported into Colombia; rising by 52% compared with the previous year's figure. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +15.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.2% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of powdered unsweetened milk and cream of fat weight content over 1.5% soared to $219M in 2022. Over the period under review, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 1.0 | 0.2 | 3.5 | 34.9 | 226.8% |
| Bolivia | 12.7 | 17.7 | 25.2 | 34.8 | 39.9% |
| United States | 21.4 | 14.8 | 9.8 | 13.3 | -14.7% |
| Argentina | 2.5 | 6.6 | 4.6 | 10.0 | 58.7% |
| Uruguay | 0.9 | 6.7 | 6.4 | 8.0 | 107.1% |
| Belgium | N/A | N/A | N/A | 6.1 | 0% |
| Spain | N/A | 4.5 | 0.7 | 1.7 | -38.5% |
| Mexico | 13.1 | 20.4 | 3.8 | 0.2 | -75.2% |
| Others | 53.9 | 74.5 | 57.8 | 110 | 26.8% |
| Total | 106 | 145 | 112 | 219 | 27.4% |
Top Suppliers of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% to Colombia in 2022:
- Bolivia (7.9K tons)
- Chile (7.6K tons)
- United States (3.0K tons)
- Argentina (2.1K tons)
- Uruguay (1.9K tons)
- Belgium (1.1K tons)
- Spain (0.5K tons)
Exports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Colombia
In 2022, after three years of growth, there was significant decline in shipments abroad of powdered unsweetened milk and cream of fat weight content over 1.5%, when their volume decreased by -60.7% to 2.6K tons. In general, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 310% against the previous year.
In value terms, exports of powdered unsweetened milk and cream of fat weight content over 1.5% contracted sharply to $13M in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 397% against the previous year. As a result, the exports attained the peak of $25M, and then dropped remarkably in the following year.
| Export of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Venezuela | N/A | N/A | 10.5 | 5.0 | -52.4% |
| Ecuador | N/A | N/A | N/A | 1.5 | 0% |
| Russia | 0.2 | 2.5 | 1.9 | N/A | 208.2% |
| Mexico | 0.5 | N/A | N/A | N/A | 0% |
| Others | 0.8 | 2.6 | 12.7 | 6.7 | 103.1% |
| Total | 1.5 | 5.1 | 25.2 | 13.2 | 106.5% |
Top Export Markets for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% from Colombia in 2022:
- Venezuela (1019.9 tons)
- Ecuador (271.1 tons)
152
This report provides an in-depth analysis of the whole powdered milk market in Colombia.
733
This report provides an in-depth analysis of the market for powdered, condensed or evaporated milk in Colombia.
564
This report provides an in-depth analysis of the market for evaporated and condensed milk in Colombia.
627
This report provides an in-depth analysis of the market for sweetened condensed and evaporated milk in Colombia.
522
This report provides an in-depth analysis of the market for unsweetened condensed and evaporated milk in Colombia.
756
This report provides an in-depth analysis of the powdered milk market in Colombia.
75
This report provides an in-depth analysis of the skim powdered milk market in Colombia.
359
This report provides an in-depth analysis of the market for powdered, evaporated and condensed milk in Colombia.
170
This report provides an in-depth analysis of the global whole powdered milk market.
1564
This report provides an in-depth analysis of the global market for powdered, condensed or evaporated milk.
175
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.
1377
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
405
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.
425
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.
175
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.
1377
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
405
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.
425
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.
