Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Sudan - 2022

Contents:

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

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

In 2022, the average import price for powdered unsweetened milk and cream of fat weight content over 1.5% amounted to $3,765 per ton, increasing by 28% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($5,941 per ton), while the price for New Zealand ($1,555 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the amount of powdered unsweetened milk and cream of fat weight content over 1.5% imported into Sudan soared to 36K tons, jumping by 87% against 2021 figures. In general, imports recorded a strong expansion.

In value terms, imports of powdered unsweetened milk and cream of fat weight content over 1.5% skyrocketed to $135M in 2022. Overall, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Sudan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates34.760.741.111950.8%
Canada2.93.92.83.910.4%
Malaysia26.134.55.73.3-49.8%
Others7.010.57.09.410.3%
Total70.711056.613524.1%

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

  1. United Arab Emirates (32.3K tons)
  2. Canada (1.3K tons)
  3. Malaysia (0.9K 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) - Sudan