Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Sweden - 2024
Contents:
- Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Sweden (FOB) - 2024
- Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Sweden (CIF) - 2024
- Exports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Sweden
- Imports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Sweden
Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Sweden (FOB) - 2024
In March 2024, the average export price for powdered unsweetened milk and cream of fat weight content over 1.5% amounted to $3,479 per ton, therefore, remained relatively stable against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2023 when the average export price increased by 10% month-to-month. Over the period under review, the average export prices attained the maximum at $3,679 per ton in May 2023; however, from June 2023 to March 2024, the export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In March 2024, the country with the highest price was Saudi Arabia ($4,237 per ton), while the average price for exports to Oman stood at $3,421 per ton.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+0.7%).
Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Sweden (CIF) - 2024
The average import price for powdered unsweetened milk and cream of fat weight content over 1.5% stood at $16,157 per ton in February 2024, with an increase of 343% against the previous month. Overall, the import price continues to indicate buoyant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for New Zealand.
From March 2023 to February 2024, the rate of growth in terms of prices for the Netherlands amounted to +7.9% per month.
Exports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Sweden
In 2022, exports of powdered unsweetened milk and cream of fat weight content over 1.5% from Sweden rose markedly to 25K tons, with an increase of 11% compared with the year before. In general, exports, however, saw a abrupt contraction.
In value terms, exports of powdered unsweetened milk and cream of fat weight content over 1.5% surged to $107M in 2022. Overall, exports, however, saw a noticeable decrease.
| Export of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | 51.7 | 60.0 | 72.7 | 82.9 | 17.0% |
| Netherlands | 4.0 | 10.3 | 8.1 | 16.3 | 59.7% |
| Egypt | 0.6 | 1.0 | 1.5 | 3.1 | 72.9% |
| Saudi Arabia | N/A | N/A | 0.2 | 2.8 | 1300.0% |
| Others | 64.1 | 3.3 | 2.3 | 1.6 | -70.8% |
| Total | 120 | 74.6 | 84.7 | 107 | -3.7% |
Top Export Markets for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% from Sweden in 2022:
- Oman (20.4K tons)
- Netherlands (3.5K tons)
- Egypt (0.6K tons)
- Saudi Arabia (0.6K tons)
Imports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Sweden
In 2022, approx. 4.1K tons of powdered unsweetened milk and cream of fat weight content over 1.5% were imported into Sweden; jumping by 15% on the year before. Overall, imports, however, continue to indicate a deep slump.
In value terms, imports of powdered unsweetened milk and cream of fat weight content over 1.5% surged to $19M in 2022. Over the period under review, imports, however, saw a deep contraction.
| Import of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 3.4 | 7.2 | 7.6 | 9.0 | 38.3% |
| France | 3.2 | 0.2 | 1.2 | 3.4 | 2.0% |
| Denmark | 1.0 | 1.5 | 1.4 | 3.1 | 45.8% |
| Germany | 1.6 | 1.9 | 1.6 | 1.8 | 4.0% |
| Netherlands | 0.4 | 0.7 | 0.4 | 1.2 | 44.2% |
| Others | 13.5 | 2.0 | 0.4 | 0.2 | -75.4% |
| Total | 23.1 | 13.6 | 12.6 | 18.7 | -6.8% |
Top Suppliers of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% to Sweden in 2022:
- Finland (2226.2 tons)
- Denmark (725.4 tons)
- France (646.3 tons)
- Germany (258.7 tons)
- Netherlands (214.0 tons)
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