Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Norway - 2024
Contents:
- Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Norway (CIF) - 2022
- Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Norway (FOB) - 2022
- Imports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Norway
- Exports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Norway
Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Norway (CIF) - 2022
In 2022, the average import price for powdered unsweetened milk and cream of fat weight content over 1.5% amounted to $9,159 per ton, surging by 2.6% against the previous year. Over the period under review, the import price, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2020 an increase of 16%. The import price peaked at $15,397 per ton in 2012; however, from 2013 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 the Netherlands ($9,715 per ton), while the price for Denmark ($5,504 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.8%), 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 Norway (FOB) - 2022
The average export price for powdered unsweetened milk and cream of fat weight content over 1.5% stood at $15,147 per ton in 2022, remaining stable against the previous year. Over the period under review, the export price saw a significant expansion. The growth pace was the most rapid in 2014 when the average export price increased by 467%. The export price peaked at $22,242 per ton in 2017; however, from 2018 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 the United Arab Emirates.
From 2013 to 2022, the rate of growth in terms of prices for Hong Kong SAR amounted to +2.5% per year.
Imports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Norway
After three years of growth, purchases abroad of powdered unsweetened milk and cream of fat weight content over 1.5% decreased by -28% to 112 tons in 2022. Over the period under review, imports, however, showed buoyant growth. The pace of growth appeared the most rapid in 2020 with an increase of 86%.
In value terms, imports of powdered unsweetened milk and cream of fat weight content over 1.5% contracted sharply to $1M in 2022. Overall, imports, however, showed a buoyant expansion. The growth pace was the most rapid in 2020 with an increase of 116%.
| Import of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 191 | 441 | 628 | 435 | 31.6% |
| United Kingdom | 75.9 | 102 | 0.6 | 24.0 | -31.9% |
| Germany | 35.8 | 36.1 | 29.7 | 23.6 | -13.0% |
| Denmark | 3.6 | 0.3 | 20.4 | 14.9 | 60.6% |
| Sweden | 13.0 | 38.9 | 9.2 | 8.6 | -12.9% |
| Others | 321 | 766 | 701 | 519 | 17.4% |
| Total | 640 | 1,384 | 1,388 | 1,025 | 17.0% |
Top Suppliers of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% to Norway in 2022:
- Netherlands (44.8 tons)
- United Kingdom (3.7 tons)
- Germany (3.1 tons)
- Denmark (2.7 tons)
- Sweden (1.3 tons)
Exports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Norway
In 2022, approx. 11 tons of powdered unsweetened milk and cream of fat weight content over 1.5% were exported from Norway; growing by 1,426% on the previous year. Over the period under review, exports enjoyed a significant expansion.
In value terms, exports of powdered unsweetened milk and cream of fat weight content over 1.5% surged to $168K in 2022. Overall, exports enjoyed significant growth.
| Export of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | N/A | N/A | 166 | 0% |
| Hong Kong SAR | 44.7 | 190 | 11.0 | N/A | -50.4% |
| Others | 5.2 | N/A | N/A | 1.9 | -28.5% |
| Total | 49.9 | 190 | 11.0 | 168 | 49.9% |
Top Export Markets for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% from Norway in 2022:
- United Arab Emirates (11.0 tons)
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