Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Israel - 2024

Contents:

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

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

The average import price for powdered unsweetened milk and cream of fat weight content over 1.5% stood at $4,738 per ton in 2022, jumping by 26% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 164%. As a result, import price reached the peak level of $8,759 per ton. From 2021 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Ukraine ($4,738 per ton) and the United States ($4,738 per ton), while the price for France ($4,738 per ton) and Belgium ($4,738 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for powdered unsweetened milk and cream of fat weight content over 1.5% stood at $3,927 per ton in 2021, remaining constant against the previous year. Overall, the export price saw a mild downturn. The most prominent rate of growth was recorded in 2019 when the average export price increased by 1.1%. Over the period under review, the average export prices reached the peak figure at $4,501 per ton in 2012; however, from 2013 to 2021, 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 Palestine.

From 2012 to 2021, the rate of growth in terms of prices for Palestine amounted to -1.5% per year.

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

In 2022, the amount of powdered unsweetened milk and cream of fat weight content over 1.5% imported into Israel rose remarkably to 12K tons, growing by 9.5% against the year before. In general, imports recorded a buoyant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 137% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the near future.

In value terms, imports of powdered unsweetened milk and cream of fat weight content over 1.5% skyrocketed to $55M in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.4% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Germany (2.2K tons)
2. Ukraine (1.1K tons)
3. Netherlands (0.6K tons)
4. Poland (0.6K tons)
5. Belgium (0.5K tons)
6. France (0.3K tons)

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

In 2021, approx. 3.1 tons of powdered unsweetened milk and cream of fat weight content over 1.5% were exported from Israel; standing approx. at 2020 figures. Over the period under review, exports recorded a abrupt contraction. The smallest decline of 99.9% was in 2020.

In value terms, exports of powdered unsweetened milk and cream of fat weight content over 1.5% amounted to $12K in 2021. In general, exports saw a relatively flat trend pattern. The smallest decline of 99.9% was in 2020. The exports peaked in 2021 and are expected to retain growth in the immediate term.

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

1. Palestine (3.1 tons)

Source: IndexBox Market Intelligence Platform