Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Denmark - 2024
Contents:
- Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Denmark (FOB) - 2024
- Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Denmark (CIF) - 2024
- Exports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Denmark
- Imports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Denmark
Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Denmark (FOB) - 2024
The average export price for powdered unsweetened milk and cream of fat weight content over 1.5% stood at $5,353 per ton in March 2024, with an increase of 14% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure at $5,426 per ton in November 2023; afterwards, it flattened through to March 2024.
Prices varied noticeably by the country of destination: the country with the highest price was the Dominican Republic ($9,486 per ton), while the average price for exports to Oman ($3,708 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 Lebanon (+3.5%), 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 Denmark (CIF) - 2024
In January 2024, the average import price for powdered unsweetened milk and cream of fat weight content over 1.5% amounted to $5,312 per ton, picking up by 8.9% against the previous month. Over the period from January 2023 to January 2024, it increased at an average monthly rate of +2.3%. The pace of growth was the most pronounced in April 2023 an increase of 20% m-o-m. The import price peaked at $6,097 per ton in November 2023; however, from December 2023 to January 2024, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Germany ($10,141 per ton), while the price for Belgium ($4,482 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Poland (+4.6%), 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 Denmark
In 2022, the amount of powdered unsweetened milk and cream of fat weight content over 1.5% exported from Denmark contracted remarkably to 41K tons, waning by -19.8% against 2021 figures. In general, exports continue to indicate a sharp decrease. The growth pace was the most rapid in 2021 with an increase of 13% against the previous year.
In value terms, exports of powdered unsweetened milk and cream of fat weight content over 1.5% reduced slightly to $192M in 2022. Overall, exports showed a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 12%.
| Export of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | 55.5 | 47.0 | 47.5 | 54.9 | -0.4% |
| Dominican Republic | 24.5 | 29.5 | 17.4 | 25.0 | 0.7% |
| Bangladesh | 12.8 | 12.3 | 16.9 | 17.9 | 11.8% |
| Yemen | 16.6 | 21.1 | 15.6 | 16.4 | -0.4% |
| United Arab Emirates | 8.2 | 7.7 | 12.8 | 9.9 | 6.5% |
| Lebanon | 6.6 | 6.2 | 6.2 | 8.0 | 6.6% |
| Germany | 6.5 | 3.3 | 1.6 | 6.8 | 1.5% |
| Singapore | 6.2 | 4.9 | 7.7 | 5.5 | -3.9% |
| Serbia | N/A | N/A | 0.1 | 4.3 | 4200.0% |
| Trinidad and Tobago | 0.3 | 0.6 | 2.7 | 4.2 | 141.0% |
| Netherlands | 1.1 | 0.6 | 2.2 | 3.9 | 52.5% |
| France | 0.2 | 0.8 | 1.1 | 3.2 | 152.0% |
| Senegal | 0.2 | 1.4 | 8.0 | 2.0 | 115.4% |
| Others | 226 | 39.6 | 56.8 | 29.8 | -49.1% |
| Total | 365 | 175 | 196 | 192 | -19.3% |
Top Export Markets for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% from Denmark in 2022:
- Oman (13.5K tons)
- Dominican Republic (4.4K tons)
- Bangladesh (4.1K tons)
- Yemen (2.8K tons)
- United Arab Emirates (2.1K tons)
- Lebanon (1.5K tons)
- Germany (1.5K tons)
- Singapore (1.3K tons)
- Senegal (0.9K tons)
- Serbia (0.9K tons)
- Netherlands (0.8K tons)
- Trinidad and Tobago (0.8K tons)
- France (0.6K tons)
Imports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Denmark
After two years of decline, overseas purchases of powdered unsweetened milk and cream of fat weight content over 1.5% increased by 177% to 1.1K tons in 2022. In general, imports, however, showed a dramatic downturn.
In value terms, imports of powdered unsweetened milk and cream of fat weight content over 1.5% surged to $5M in 2022. Overall, imports, however, faced a significant decrease.
| Import of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 0.3 | 0.3 | 0.3 | 4.1 | 139.1% |
| Netherlands | 1.6 | 0.2 | 0.3 | 0.3 | -42.8% |
| Germany | 3.5 | 0.8 | 0.4 | 0.2 | -61.5% |
| Spain | 0.2 | 0.1 | 0.1 | 0.2 | 0.0% |
| Belgium | 26.3 | 5.0 | N/A | 0.1 | -84.4% |
| Others | 32.5 | 0.4 | 0.3 | N/A | -90.4% |
| Total | 64.3 | 6.8 | 1.4 | 5.0 | -57.3% |
Top Suppliers of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% to Denmark in 2022:
- Poland (970.6 tons)
- Netherlands (67.5 tons)
- Spain (35.4 tons)
- Germany (32.2 tons)
- Belgium (31.9 tons)
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