Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Romania - 2024
Contents:
- Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Romania (CIF) - 2024
- Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Romania (FOB) - 2022
- Imports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Romania
- Exports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Romania
Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Romania (CIF) - 2024
The average import price for powdered unsweetened milk and cream of fat weight content over 1.5% stood at $3,869 per ton in January 2024, falling by -10.9% against the previous month. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in June 2023 an increase of 20% month-to-month. Over the period under review, average import prices attained the peak figure at $4,644 per ton in July 2023; however, from August 2023 to January 2024, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Germany ($4,427 per ton), while the price for France ($1,937 per ton) was amongst the lowest.
From March 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Slovakia (+2.4%), 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 Romania (FOB) - 2022
The average export price for powdered unsweetened milk and cream of fat weight content over 1.5% stood at $3,917 per ton in 2022, growing by 5.9% against the previous year. Over the period under review, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for powdered unsweetened milk and cream of fat weight content over 1.5% decreased by -19.5% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by 51%. Over the period under review, the average export prices hit record highs at $4,865 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
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 the UK ($11,527 per ton), while the average price for exports to Bulgaria ($3,399 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 Italy (+4.8%), 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 Romania
For the third consecutive year, Romania recorded decline in overseas purchases of powdered unsweetened milk and cream of fat weight content over 1.5%, which decreased by -4% to 1.1K tons in 2022. Overall, imports continue to indicate a precipitous curtailment.
In value terms, imports of powdered unsweetened milk and cream of fat weight content over 1.5% surged to $5M in 2022. In general, imports faced a dramatic downturn.
| Import of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 2,149 | 1,834 | 2,078 | 2,095 | -0.8% |
| Germany | 262 | 223 | 186 | 731 | 40.8% |
| Belgium | 227 | 56.3 | 446 | 704 | 45.8% |
| Netherlands | 912 | 1,069 | 824 | 567 | -14.7% |
| Czech Republic | 762 | 226 | 238 | 453 | -15.9% |
| Greece | 1,342 | 552 | 42.7 | 142 | -52.7% |
| Slovakia | 5.4 | 69.3 | 0.7 | 112 | 174.8% |
| Bulgaria | 547 | 166 | 195 | 24.5 | -64.5% |
| Others | 7,952 | 603 | 108 | 146 | -73.6% |
| Total | 14,159 | 4,797 | 4,118 | 4,975 | -29.4% |
Top Suppliers of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% to Romania in 2022:
- Poland (503.9 tons)
- Belgium (145.4 tons)
- Germany (136.6 tons)
- Netherlands (114.8 tons)
- Czech Republic (96.1 tons)
- Greece (34.2 tons)
- Slovakia (23.4 tons)
- Bulgaria (3.8 tons)
Exports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Romania
For the third consecutive year, Romania recorded decline in overseas shipments of powdered unsweetened milk and cream of fat weight content over 1.5%, which decreased by -24.9% to 99 tons in 2022. Over the period under review, exports saw a significant curtailment.
In value terms, exports of powdered unsweetened milk and cream of fat weight content over 1.5% fell significantly to $389K in 2022. Overall, exports showed a sharp shrinkage.
| Export of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | 566 | 635 | 279 | 344 | -15.3% |
| Italy | 170 | 212 | 174 | 18.9 | -51.9% |
| United Kingdom | 1,377 | 345 | 10.1 | 11.3 | -79.8% |
| Czech Republic | 72.1 | 45.1 | 0.1 | N/A | -96.3% |
| Others | 2,232 | 24.6 | 26.2 | 14.8 | -81.2% |
| Total | 4,416 | 1,262 | 490 | 389 | -55.5% |
Top Export Markets for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% from Romania in 2022:
- Greece (92.1 tons)
- Italy (4.4 tons)
- United Kingdom (1.0 tons)
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