Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in the Dominican Republic - 2023
Contents:
- Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in the Dominican Republic (CIF) - 2023
- Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in the Dominican Republic (FOB) - 2022
- Imports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in the Dominican Republic
- Exports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in the Dominican Republic
Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in the Dominican Republic (CIF) - 2023
In March 2023, the average import price for powdered unsweetened milk and cream of fat weight content over 1.5% amounted to $4,710 per ton, reducing by -6.8% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in August 2022 when the average import price increased by 20% month-to-month. As a result, import price attained the peak level of $6,522 per ton. From September 2022 to March 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In March 2023, the country with the highest price was the United States ($31,075 per ton), while the price for Poland ($4,007 per ton) was amongst the lowest.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by Denmark (+5.1%), 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 the Dominican Republic (FOB) - 2022
In 2022, the average export price for powdered unsweetened milk and cream of fat weight content over 1.5% amounted to $12,532 per ton, stabilizing at the previous year. In general, the export price recorded prominent growth. The most prominent rate of growth was recorded in 2019 when the average export price increased by 9.7%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the near future.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for Saint Lucia amounted to -0.7% per year.
Imports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in the Dominican Republic
In 2022, approx. 20K tons of powdered unsweetened milk and cream of fat weight content over 1.5% were imported into the Dominican Republic; dropping by -12.7% on the previous year. Overall, imports recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 44%.
In value terms, imports of powdered unsweetened milk and cream of fat weight content over 1.5% rose markedly to $101M in 2022. Over the period under review, imports saw a pronounced setback. The growth pace was the most rapid in 2020 with an increase of 24%. As a result, imports reached the peak of $139M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in the Dominican Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 26.2 | 29.6 | 19.3 | 25.3 | -1.2% |
| Ireland | 2.7 | 15.8 | 7.2 | 6.7 | 35.4% |
| New Zealand | 3.5 | 3.3 | 2.4 | 5.0 | 12.6% |
| Netherlands | 8.3 | 4.8 | 3.7 | 3.3 | -26.5% |
| Belgium | 0.3 | 4.4 | 2.7 | 3.2 | 120.1% |
| Germany | 5.6 | 0.4 | 0.2 | 2.0 | -29.1% |
| Argentina | N/A | N/A | N/A | 1.8 | 0% |
| France | 0.8 | 5.0 | 6.3 | 1.5 | 23.3% |
| Costa Rica | 6.4 | 5.0 | 5.6 | 0.6 | -54.6% |
| Others | 58.2 | 70.2 | 48.4 | 51.8 | -3.8% |
| Total | 112 | 139 | 96.0 | 101 | -3.4% |
Top Suppliers of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% to the Dominican Republic in 2022:
- Denmark (4.2K tons)
- Ireland (2.2K tons)
- New Zealand (1.1K tons)
- Belgium (1.0K tons)
- Germany (0.8K tons)
- Netherlands (0.5K tons)
- Argentina (0.4K tons)
- France (0.3K tons)
- Costa Rica (0.1K tons)
Exports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in the Dominican Republic
Exports of powdered unsweetened milk and cream of fat weight content over 1.5% from the Dominican Republic totaled 1.6 tons in 2022, approximately mirroring the previous year's figure. In general, exports saw a significant decline. The smallest decline of -14.5% was in 2020.
In value terms, exports of powdered unsweetened milk and cream of fat weight content over 1.5% stood at $20K in 2022. Over the period under review, exports faced a precipitous setback. The smallest decline of -12.3% was in 2020.
| Export of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | N/A | 20.2 | 0% |
| Saint Lucia | 382 | 336 | N/A | N/A | -12.0% |
| Others | N/A | N/A | N/A | 0.1 | 0% |
| Total | 382 | 336 | N/A | 20.3 | -62.4% |
Top Export Markets for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% from the Dominican Republic in 2022:
- United States (1613.0 kg)
64
This report provides an in-depth analysis of the whole powdered milk market in the Dominican Republic.
553
This report provides an in-depth analysis of the market for powdered, condensed or evaporated milk in the Dominican Republic.
349
This report provides an in-depth analysis of the market for evaporated and condensed milk in the Dominican Republic.
312
This report provides an in-depth analysis of the market for sweetened condensed and evaporated milk in the Dominican Republic.
312
This report provides an in-depth analysis of the market for unsweetened condensed and evaporated milk in the Dominican Republic.
560
This report provides an in-depth analysis of the powdered milk market in the Dominican Republic.
84
This report provides an in-depth analysis of the skim powdered milk market in the Dominican Republic.
293
This report provides an in-depth analysis of the market for powdered, evaporated and condensed milk in the Dominican Republic.
168
This report provides an in-depth analysis of the global whole powdered milk market.
1562
This report provides an in-depth analysis of the global market for powdered, condensed or evaporated milk.
174
Discover the top 10 countries with the highest import values for whole powdered milk in 2023. Learn about the trends and factors driving the demand for this dairy product in key markets.
1375
Germany dominates in the global skimmed milk trade. In 2014, Germany exported X thousand tons of skimmed milk totaling X million USD, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total skimmed mi
1754
New Zealand seized control of the market for evaporated and condensed milk. In 2014, New Zealand exported X thousand tons of evaporated and condensed milk totaling X million USD, X% over the previous year. Its primary trading partner was Chin
404
Explore the top import markets for powdered milk and discover key statistics and numbers showcasing the global trade in this sector. China, Algeria, Indonesia, Mexico, United Arab Emirates, Philippines, Netherlands, Malaysia, Belgium, and Thailand are the leading countries in the import value of powdered milk.
423
Explore the top import markets for powdered, evaporated, and condensed milk in the world. Learn about the countries with the highest import values and key statistics. Find out how IndexBox market intelligence platform provides valuable insights.
174
Discover the top 10 countries with the highest import values for whole powdered milk in 2023. Learn about the trends and factors driving the demand for this dairy product in key markets.
1375
Germany dominates in the global skimmed milk trade. In 2014, Germany exported X thousand tons of skimmed milk totaling X million USD, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total skimmed mi
1754
New Zealand seized control of the market for evaporated and condensed milk. In 2014, New Zealand exported X thousand tons of evaporated and condensed milk totaling X million USD, X% over the previous year. Its primary trading partner was Chin
404
Explore the top import markets for powdered milk and discover key statistics and numbers showcasing the global trade in this sector. China, Algeria, Indonesia, Mexico, United Arab Emirates, Philippines, Netherlands, Malaysia, Belgium, and Thailand are the leading countries in the import value of powdered milk.
423
Explore the top import markets for powdered, evaporated, and condensed milk in the world. Learn about the countries with the highest import values and key statistics. Find out how IndexBox market intelligence platform provides valuable insights.
