Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Iran - 2022

Contents:

  1. Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Iran (FOB) - 2022
  2. Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Iran (CIF) - 2022
  3. Exports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Iran
  4. Imports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Iran

Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Iran (FOB) - 2022

In 2022, the average export price for powdered unsweetened milk and cream of fat weight content over 1.5% amounted to $3,121 per ton, with an increase of 8.8% against the previous year. Over the period under review, the export price, however, recorded a perceptible slump. The most prominent rate of growth was recorded in 2019 an increase of 49%. Over the period under review, the average export prices reached the peak figure at $3,907 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Iraq ($8,191 per ton), while the average price for exports to Burkina Faso ($192 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+9.3%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Iran (CIF) - 2022

The average import price for powdered unsweetened milk and cream of fat weight content over 1.5% stood at $4,642 per ton in 2022, rising by 69% against the previous year. In general, the import price continues to indicate measured growth. The import price peaked at $4,999 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($6,717 per ton), while the price for Oman ($181 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+9.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Iran

In 2022, shipments abroad of powdered unsweetened milk and cream of fat weight content over 1.5% decreased by -39.5% to 3.3K tons, falling for the second consecutive year after two years of growth. In general, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 420%. As a result, the exports attained the peak of 7.7K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of powdered unsweetened milk and cream of fat weight content over 1.5% reduced sharply to $10M in 2022. Overall, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 272%. As a result, the exports reached the peak of $21M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates9244,4213,6201,86626.4%
Iraq1,6633,6552,0231,588-1.5%
Pakistan3822,4792,0521,29550.2%
Afghanistan25888282652126.4%
ArmeniaN/AN/AN/A5070%
Syrian Arab Republic49.3247651411102.8%
Lebanon9.926.375.991.3109.7%
Senegal16828986.113.6-56.7%
Burkina Faso8.022.611.05.7-10.7%
Others2,2289,1486,4384,09922.5%
Total5,69021,17015,78410,39722.3%

Top Export Markets for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% from Iran in 2022:

  1. Pakistan (732.3 tons)
  2. United Arab Emirates (482.2 tons)
  3. Iraq (193.8 tons)
  4. Armenia (164.0 tons)
  5. Syrian Arab Republic (154.5 tons)
  6. Afghanistan (139.7 tons)
  7. Lebanon (40.9 tons)
  8. Burkina Faso (29.6 tons)
  9. Senegal (6.3 tons)

Imports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Iran

In 2022, approx. 389 tons of powdered unsweetened milk and cream of fat weight content over 1.5% were imported into Iran; increasing by 96% against 2021. In general, imports showed a resilient increase.

In value terms, imports of powdered unsweetened milk and cream of fat weight content over 1.5% skyrocketed to $1.8M in 2022. Overall, imports saw a significant expansion.

Import of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey21860114151433.1%
Belgium13218785.427227.3%
Germany4.460.26.537.5104.3%
France15.636.86.818.86.4%
United Arab Emirates8.478.34.35.6-12.6%
Others4541,22430295728.2%
Total8332,1875461,80429.4%

Top Suppliers of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% to Iran in 2022:

  1. Belgium (94.5 tons)
  2. Turkey (76.5 tons)
  3. Germany (10.5 tons)
  4. France (8.2 tons)
  5. United Arab Emirates (5.0 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Dairy produce; milk and cream, concentrated, not containing added sugar or other sweetening matter, in powder, granules or other solid forms, of a fat content exceeding 1.5% (by weight) - Iran