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

Contents:

  1. Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Paraguay (FOB) - 2024
  2. Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Paraguay (CIF) - 2022
  3. Exports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Paraguay
  4. Imports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Paraguay

Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Paraguay (FOB) - 2024

In May 2024, the average export price for powdered unsweetened milk and cream of fat weight content over 1.5% amounted to $3,378 per ton, declining by -6% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in June 2023 an increase of 5.6% month-to-month. As a result, the export price attained the peak level of $3,857 per ton. From July 2023 to May 2024, the the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Brazil.

From May 2023 to May 2024, the rate of growth in terms of prices for Lebanon amounted to +0.3% per month.

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

In 2022, the average import price for powdered unsweetened milk and cream of fat weight content over 1.5% amounted to $4,388 per ton, rising by 3.8% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average import price increased by 21% against the previous year. The import price peaked at $5,205 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Brazil ($6,039 per ton) and Argentina ($4,554 per ton), while the price for France ($4,174 per ton) and Uruguay ($4,206 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+5.3%), 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 Paraguay

In 2022, approx. 20K tons of powdered unsweetened milk and cream of fat weight content over 1.5% were exported from Paraguay; growing by 44% on the previous year. Overall, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +17.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.5% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of powdered unsweetened milk and cream of fat weight content over 1.5% surged to $75M in 2022. In general, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Paraguay (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil10.214.611.226.036.6%
Lebanon0.60.32.54.392.8%
Bolivia0.31.50.81.571.0%
Cameroon0.40.10.41.451.8%
Dominican RepublicN/AN/AN/A1.20%
GabonN/AN/A0.10.9800.0%
United Arab EmiratesN/A0.43.30.3-13.4%
Nigeria0.4N/A1.60.3-9.1%
Russia6.25.21.80.2-68.2%
Others18.123.023.439.029.2%
Total36.245.245.075.127.5%

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

  1. Brazil (6.9K tons)
  2. Lebanon (1.2K tons)
  3. Bolivia (0.4K tons)
  4. Cameroon (0.4K tons)
  5. Gabon (0.3K tons)
  6. Dominican Republic (0.3K tons)
  7. United Arab Emirates (0.1K tons)
  8. Russia (0.1K tons)
  9. Nigeria (0.1K tons)

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

In 2022, overseas purchases of powdered unsweetened milk and cream of fat weight content over 1.5% were finally on the rise to reach 247 tons after two years of decline. Over the period under review, imports, however, faced a precipitous contraction.

In value terms, imports of powdered unsweetened milk and cream of fat weight content over 1.5% surged to $1.1M in 2022. Overall, imports, however, recorded a abrupt descent.

Import of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina452336218277-15.1%
Uruguay259N/AN/A214-6.2%
France6.317.13.743.890.9%
Brazil2391.53.45.2-72.1%
Others957355225541-17.3%
Total1,9137104501,082-17.3%

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

  1. Argentina (60.9 tons)
  2. Uruguay (51.0 tons)
  3. France (10.5 tons)
  4. Brazil (0.9 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) - Paraguay