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

Contents:

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

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

In March 2024, the average import price for powdered unsweetened milk and cream of fat weight content over 1.5% amounted to $5,216 per ton, growing by 3.9% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.2%. The pace of growth appeared the most rapid in April 2023 an increase of 19% against the previous month. Over the period under review, average import prices hit record highs in March 2024.

As there is only one major supplying country, the average price level is determined by prices for Ukraine.

From March 2023 to March 2024, the rate of growth in terms of prices for Ireland amounted to +6.9% per month.

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

The average export price for powdered unsweetened milk and cream of fat weight content over 1.5% stood at $4,336 per ton in March 2024, picking up by 2.5% against the previous month. In general, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2023 an increase of 4.2% month-to-month. Over the period under review, the average export prices attained the peak figure in March 2024.

Average prices varied somewhat for the major external markets. In March 2024, the highest price was recorded for prices to the UK ($5,302 per ton) and Central African Republic ($4,841 per ton), while the average price for exports to Colombia ($4,052 per ton) and Oman ($4,435 per ton) were amongst the lowest.

From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Central African Republic (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of powdered unsweetened milk and cream of fat weight content over 1.5% into Poland expanded to 17K tons, growing by 4.2% compared with the year before. In general, imports, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 4.3% against the previous year.

In value terms, imports of powdered unsweetened milk and cream of fat weight content over 1.5% skyrocketed to $71M in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern.

Import of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium3.22.18.522.591.6%
Germany17.617.822.920.45.0%
Netherlands1.92.110.111.682.8%
France6.29.17.37.04.1%
Ireland0.60.72.94.697.2%
Ukraine2.00.81.23.014.5%
United Kingdom1.619.7N/A0.1-60.3%
Others38.21.03.81.7-64.6%
Total71.153.456.770.9-0.1%

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

  1. Germany (6.2K tons)
  2. Belgium (4.9K tons)
  3. Netherlands (2.7K tons)
  4. France (1.6K tons)
  5. Ireland (1.0K tons)
  6. Ukraine (0.6K tons)

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

For the third consecutive year, Poland recorded decline in overseas shipments of powdered unsweetened milk and cream of fat weight content over 1.5%, which decreased by -26.1% to 13K tons in 2022. In general, exports faced a precipitous decline.

In value terms, exports of powdered unsweetened milk and cream of fat weight content over 1.5% rose slightly to $61M in 2022. Overall, exports showed a sharp slump.

Export of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany31.228.927.327.1-4.6%
Italy3.80.91.64.34.2%
Netherlands0.61.01.83.783.4%
Serbia1.10.91.03.547.1%
Romania1.42.32.52.521.3%
Greece0.70.30.82.246.5%
Czech Republic1.42.51.81.910.7%
Estonia0.60.82.11.946.8%
Croatia3.01.22.91.9-14.1%
Hungary1.30.90.91.2-2.6%
Lebanon0.31.11.51.049.4%
ThailandN/A0.2N/A0.9112.1%
Lithuania1.00.70.60.8-7.2%
Others75.920.214.27.8-53.2%
Total12262.159.060.8-20.7%

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

  1. Germany (5682.8 tons)
  2. Italy (857.8 tons)
  3. Netherlands (775.2 tons)
  4. Serbia (721.0 tons)
  5. Greece (680.3 tons)
  6. Romania (584.2 tons)
  7. Czech Republic (390.5 tons)
  8. Croatia (380.6 tons)
  9. Estonia (361.1 tons)
  10. Hungary (257.2 tons)
  11. Lebanon (241.1 tons)
  12. Lithuania (234.9 tons)
  13. Thailand (200.0 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) - Poland