Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Finland - 2024
Contents:
- Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Finland (FOB) - 2024
- Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Finland (CIF) - 2024
- Exports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Finland
- Imports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Finland
Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Finland (FOB) - 2024
The average export price for powdered unsweetened milk and cream of fat weight content over 1.5% stood at $4,419 per ton in March 2024, rising by 5.8% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in September 2023 when the average export price increased by 18% m-o-m. Over the period under review, the average export prices attained the maximum at $4,887 per ton in March 2023; however, from April 2023 to March 2024, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Japan ($10,215 per ton), while the average price for exports to Norway stood at $4,413 per ton.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+3.0%), while the prices for the other major destinations experienced a decline.
Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Finland (CIF) - 2024
In January 2024, the average import price for powdered unsweetened milk and cream of fat weight content over 1.5% amounted to $5,032 per ton, falling by -12.9% against the previous month. Overall, the import price recorded a mild shrinkage. The pace of growth appeared the most rapid in May 2023 when the average import price increased by 30% m-o-m. As a result, import price reached the peak level of $6,285 per ton. From June 2023 to January 2024, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($7,052 per ton), while the price for Belgium ($3,876 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 the Netherlands (+1.0%), while the prices for the other major suppliers experienced a decline.
Exports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Finland
In 2022, exports of powdered unsweetened milk and cream of fat weight content over 1.5% from Finland reduced to 2.6K tons, falling by -11.1% on 2021. In general, exports faced a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 11% against the previous year.
In value terms, exports of powdered unsweetened milk and cream of fat weight content over 1.5% expanded remarkably to $12M in 2022. Overall, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 20%.
| Export of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 3.1 | 5.1 | 4.1 | 3.9 | 8.0% |
| China | 0.3 | 0.3 | 1.2 | 2.8 | 110.5% |
| Estonia | 1.1 | 1.2 | 1.8 | 2.3 | 27.9% |
| Japan | N/A | 0.2 | 0.1 | 1.2 | 144.9% |
| Singapore | 1.5 | 1.3 | 1.6 | 0.8 | -18.9% |
| Poland | N/A | 0.1 | N/A | 0.2 | 41.4% |
| Netherlands | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Denmark | 0.6 | N/A | 1.2 | N/A | 41.4% |
| Others | 7.2 | 0.3 | N/A | 0.1 | -76.0% |
| Total | 14.0 | 8.6 | 10.3 | 11.5 | -6.3% |
Top Export Markets for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% from Finland in 2022:
- Sweden (894.1 tons)
- China (628.4 tons)
- Estonia (492.0 tons)
- Japan (240.0 tons)
- Singapore (162.9 tons)
- Poland (54.4 tons)
- Netherlands (49.4 tons)
- Denmark (9.0 tons)
Imports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Finland
Imports of powdered unsweetened milk and cream of fat weight content over 1.5% into Finland declined slightly to 577 tons in 2022, which is down by -3.1% against the previous year's figure. Over the period under review, imports showed a precipitous contraction.
In value terms, imports of powdered unsweetened milk and cream of fat weight content over 1.5% rose rapidly to $2.9M in 2022. Overall, imports continue to indicate a sharp slump.
| Import of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 2,144 | 1,841 | 1,633 | 1,891 | -4.1% |
| Belgium | N/A | 693 | 789 | 794 | 7.0% |
| Netherlands | 431 | 104 | 103 | 151 | -29.5% |
| Germany | 257 | 94.9 | 44.0 | 45.4 | -43.9% |
| Others | 3,033 | 42.2 | 39.5 | 33.8 | -77.7% |
| Total | 5,866 | 2,776 | 2,608 | 2,915 | -20.8% |
Top Suppliers of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% to Finland in 2022:
- Estonia (301.3 tons)
- Belgium (246.8 tons)
- Netherlands (20.0 tons)
- Germany (2.2 tons)
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