Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Guatemala - 2024
Contents:
- Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Guatemala (CIF) - 2024
- Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Guatemala (FOB) - 2022
- Imports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Guatemala
- Exports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Guatemala
Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Guatemala (CIF) - 2024
In April 2024, the average import price for powdered unsweetened milk and cream of fat weight content over 1.5% amounted to $3,759 per ton, increasing by 4.4% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in September 2023 when the average import price increased by 12% against the previous month. As a result, import price reached the peak level of $4,923 per ton. From October 2023 to April 2024, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In April 2024, the country with the highest price was the United States ($5,394 per ton), while the price for Costa Rica ($2,606 per ton) was amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by the United States (+3.9%), while the prices for the other major suppliers experienced a decline.
Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Guatemala (FOB) - 2022
In 2022, the average export price for powdered unsweetened milk and cream of fat weight content over 1.5% amounted to $5,952 per ton, rising by 26% against the previous year. Over the period under review, the export price enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2017 when the average export price increased by 82%. Over the period under review, the average export prices hit record highs at $10,998 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Nicaragua.
From 2012 to 2022, the rate of growth in terms of prices for Honduras amounted to +14.8% per year.
Imports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Guatemala
In 2022, supplies from abroad of powdered unsweetened milk and cream of fat weight content over 1.5% increased by 17% to 27K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a perceptible shrinkage.
In value terms, imports of powdered unsweetened milk and cream of fat weight content over 1.5% surged to $132M in 2022. The total import value increased at an average annual rate of +6.0% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 Guatemala (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 11.5 | 9.4 | 14.6 | 42.7 | 54.8% |
| Nicaragua | 20.6 | 20.6 | 9.9 | 11.2 | -18.4% |
| Costa Rica | 20.2 | 20.5 | 18.9 | 9.3 | -22.8% |
| Ireland | 1.6 | 3.8 | 2.5 | 1.8 | 4.0% |
| Panama | 1.4 | 1.9 | 0.6 | N/A | -34.5% |
| Others | 55.7 | 58.6 | 50.7 | 67.2 | 6.5% |
| Total | 111 | 115 | 97.3 | 132 | 5.9% |
Top Suppliers of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% to Guatemala in 2022:
- New Zealand (8.8K tons)
- Costa Rica (2.0K tons)
- Nicaragua (1.9K tons)
- Ireland (0.4K tons)
Exports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Guatemala
In 2022, after two years of growth, there was significant decline in overseas shipments of powdered unsweetened milk and cream of fat weight content over 1.5%, when their volume decreased by -87.8% to 16 tons. Overall, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 1,230%. As a result, the exports reached the peak of 128 tons, and then shrank remarkably in the following year.
In value terms, exports of powdered unsweetened milk and cream of fat weight content over 1.5% fell dramatically to $93K in 2022. In general, exports recorded a deep slump. The pace of growth was the most pronounced in 2021 when exports increased by 472%. As a result, the exports reached the peak of $605K, and then fell markedly in the following year.
| Export of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Guatemala (Thousand USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 |
| Nicaragua | N/A | 209 | 46.5 | -77.8% |
| Honduras | 49.7 | N/A | N/A | 0% |
| El Salvador | N/A | 93.6 | N/A | 0% |
| Others | 56.1 | 302 | 46.5 | -9.0% |
| Total | 106 | 605 | 93.0 | -6.3% |
Top Export Markets for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% from Guatemala in 2022:
- Nicaragua (7.8 tons)
108
This report provides an in-depth analysis of the whole powdered milk market in Guatemala.
433
This report provides an in-depth analysis of the market for powdered, condensed or evaporated milk in Guatemala.
158
This report provides an in-depth analysis of the market for evaporated and condensed milk in Guatemala.
151
This report provides an in-depth analysis of the market for sweetened condensed and evaporated milk in Guatemala.
119
This report provides an in-depth analysis of the market for unsweetened condensed and evaporated milk in Guatemala.
153
This report provides an in-depth analysis of the powdered milk market in Guatemala.
100
This report provides an in-depth analysis of the skim powdered milk market in Guatemala.
172
This report provides an in-depth analysis of the market for powdered, evaporated and condensed milk in Guatemala.
168
This report provides an in-depth analysis of the global whole powdered milk market.
1561
This report provides an in-depth analysis of the global market for powdered, condensed or evaporated milk.
174
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.
1375
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
1753
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
404
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.
423
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.
174
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.
1375
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
1753
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
404
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.
423
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.
