Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in France - 2024
Contents:
- Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in France (FOB) - 2024
- Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in France (CIF) - 2022
- Exports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in France
- Imports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in France
Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in France (FOB) - 2024
In March 2024, the average export price for powdered unsweetened milk and cream of fat weight content over 1.5% amounted to $4,761 per ton, declining by -1.9% against the previous month. In general, the export price saw a mild slump. The pace of growth appeared the most rapid in July 2023 when the average export price increased by 5.4% against the previous month. Over the period under review, the average export prices attained the peak figure at $5,505 per ton in April 2023; however, from May 2023 to March 2024, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($6,728 per ton), while the average price for exports to Mauritania ($3,800 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 South Africa (+3.8%), 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 France (CIF) - 2022
In 2022, the average import price for powdered unsweetened milk and cream of fat weight content over 1.5% amounted to $4,729 per ton, surging by 27% against the previous year. In general, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for powdered unsweetened milk and cream of fat weight content over 1.5% increased by +43.4% against 2019 indices. As a result, import price reached the peak level and is likely to continue 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 Italy ($6,055 per ton), while the price for Spain ($2,295 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+3.3%), 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 France
In 2022, the amount of powdered unsweetened milk and cream of fat weight content over 1.5% exported from France declined to 64K tons, which is down by -9.4% on the previous year's figure. Overall, exports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 8%.
In value terms, exports of powdered unsweetened milk and cream of fat weight content over 1.5% rose remarkably to $294M in 2022. Over the period under review, exports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 15%.
| Export of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 29.7 | 30.9 | 36.3 | 45.4 | 15.2% |
| China | 16.1 | 17.7 | 27.4 | 42.2 | 37.9% |
| Germany | 21.6 | 33.2 | 38.0 | 35.1 | 17.6% |
| Italy | 18.7 | 22.9 | 28.0 | 34.1 | 22.2% |
| Senegal | 19.5 | 22.3 | 24.4 | 22.8 | 5.3% |
| Spain | 5.9 | 5.1 | 13.6 | 15.5 | 38.0% |
| Netherlands | 13.2 | 11.4 | 14.1 | 15.0 | 4.4% |
| United Kingdom | 12.3 | 8.4 | 5.8 | 9.3 | -8.9% |
| South Korea | 3.1 | 4.3 | 5.0 | 9.0 | 42.7% |
| Algeria | 19.8 | 36.1 | 19.6 | 8.6 | -24.3% |
| Mauritania | 1.5 | 3.1 | 5.7 | 6.8 | 65.5% |
| Qatar | 3.1 | 3.6 | 3.9 | 5.2 | 18.8% |
| South Africa | 0.1 | 0.1 | 0.8 | 4.3 | 250.3% |
| Others | 247 | 41.9 | 55.1 | 41.0 | -45.0% |
| Total | 411 | 241 | 278 | 294 | -10.6% |
Top Export Markets for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% from France in 2022:
- Belgium (10.8K tons)
- China (8.2K tons)
- Italy (8.0K tons)
- Germany (7.8K tons)
- Senegal (5.0K tons)
- Netherlands (3.3K tons)
- Spain (3.3K tons)
- Algeria (1.9K tons)
- United Kingdom (1.9K tons)
- South Korea (1.6K tons)
- Mauritania (1.4K tons)
- Qatar (1.4K tons)
- South Africa (1.1K tons)
Imports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in France
In 2022, approx. 20K tons of powdered unsweetened milk and cream of fat weight content over 1.5% were imported into France; reducing by -4% on the previous year. In general, imports faced a sharp contraction. The growth pace was the most rapid in 2021 with an increase of 13%.
In value terms, imports of powdered unsweetened milk and cream of fat weight content over 1.5% soared to $94M in 2022. Over the period under review, imports showed a abrupt contraction.
| Import of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 20.6 | 16.8 | 23.7 | 27.0 | 9.4% |
| Belgium | 23.2 | 26.0 | 21.6 | 24.6 | 2.0% |
| Netherlands | 24.8 | 15.1 | 20.2 | 22.5 | -3.2% |
| Spain | 1.5 | 1.7 | 2.9 | 3.8 | 36.3% |
| Ireland | 3.6 | 3.2 | 2.3 | 3.5 | -0.9% |
| Italy | 1.8 | 2.1 | 2.8 | 3.4 | 23.6% |
| Denmark | 0.2 | 0.6 | 1.1 | 3.1 | 149.3% |
| Portugal | 1.6 | 1.6 | 1.2 | 2.1 | 9.5% |
| Others | 81.9 | 0.5 | 1.5 | 3.8 | -64.1% |
| Total | 159 | 67.7 | 77.2 | 93.9 | -16.1% |
Top Suppliers of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% to France in 2022:
- Belgium (5.9K tons)
- Germany (5.3K tons)
- Netherlands (3.9K tons)
- Spain (1.6K tons)
- Ireland (0.8K tons)
- Italy (0.6K tons)
- Denmark (0.6K tons)
- Portugal (0.4K tons)
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