Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in the Netherlands - 2024
Contents:
- Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in the Netherlands (FOB) - 2024
- Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in the Netherlands (CIF) - 2022
- Exports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in the Netherlands
- Imports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in the Netherlands
Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in the Netherlands (FOB) - 2024
The average export price for powdered unsweetened milk and cream of fat weight content over 1.5% stood at $5,957 per ton in March 2024, surging by 8.9% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.0%. The growth pace was the most rapid in February 2024 when the average export price increased by 11% m-o-m. The export price peaked in March 2024.
There were significant differences in the average prices for the major export markets. In March 2024, the country with the highest price was China ($7,249 per ton), while the average price for exports to Singapore ($4,281 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in the Netherlands (CIF) - 2022
In 2022, the average import price for powdered unsweetened milk and cream of fat weight content over 1.5% amounted to $4,129 per ton, picking up by 23% against the previous year. Over the period under review, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for powdered unsweetened milk and cream of fat weight content over 1.5% increased by +84.4% against 2016 indices. The growth pace was the most rapid in 2017 an increase of 40% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Sweden ($4,546 per ton) and Denmark ($4,482 per ton), while the price for the UK ($3,711 per ton) and Belgium ($3,780 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in the Netherlands
In 2022, the amount of powdered unsweetened milk and cream of fat weight content over 1.5% exported from the Netherlands fell significantly to 123K tons, waning by -20.2% on the previous year. In general, exports faced a dramatic descent. The most prominent rate of growth was recorded in 2021 when exports increased by 8% against the previous year.
In value terms, exports of powdered unsweetened milk and cream of fat weight content over 1.5% expanded to $682M in 2022. Overall, exports saw a drastic downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 5.4%.
| Export of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kuwait | 77.7 | 77.6 | 27.0 | 93.5 | 6.4% |
| China | 36.7 | 62.2 | 62.1 | 62.2 | 19.2% |
| Belgium | 33.7 | 22.3 | 42.8 | 58.0 | 19.8% |
| Germany | 35.4 | 35.1 | 45.4 | 57.0 | 17.2% |
| Italy | 13.8 | 16.2 | 26.4 | 33.6 | 34.5% |
| France | 25.6 | 27.4 | 34.8 | 31.9 | 7.6% |
| Saudi Arabia | 18.7 | 17.6 | 19.2 | 24.0 | 8.7% |
| United Kingdom | 15.7 | 23.9 | 14.8 | 19.0 | 6.6% |
| Spain | 8.3 | 9.0 | 16.5 | 16.8 | 26.5% |
| Cameroon | 12.0 | 12.4 | 14.4 | 15.7 | 9.4% |
| Cote d'Ivoire | 8.1 | 10.6 | 16.5 | 14.1 | 20.3% |
| Democratic Republic of the Congo | 4.5 | 5.5 | 5.9 | 13.0 | 42.4% |
| Poland | 1.3 | 2.4 | 8.1 | 12.4 | 112.1% |
| Others | 954 | 300 | 322 | 231 | -37.7% |
| Total | 1,245 | 622 | 656 | 682 | -18.2% |
Top Export Markets for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% from the Netherlands in 2022:
- Kuwait (13.8K tons)
- Belgium (12.9K tons)
- Germany (12.2K tons)
- China (8.3K tons)
- Italy (6.1K tons)
- France (5.7K tons)
- Saudi Arabia (4.5K tons)
- Spain (3.6K tons)
- Poland (3.2K tons)
- United Kingdom (3.0K tons)
- Cote d'Ivoire (2.7K tons)
- Democratic Republic of the Congo (2.6K tons)
- Cameroon (2.4K tons)
Imports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in the Netherlands
In 2022, purchases abroad of powdered unsweetened milk and cream of fat weight content over 1.5% was finally on the rise to reach 36K tons after two years of decline. Overall, imports, however, continue to indicate a sharp shrinkage.
In value terms, imports of powdered unsweetened milk and cream of fat weight content over 1.5% surged to $151M in 2022. In general, imports, however, saw a precipitous setback.
| Import of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 52.8 | 33.3 | 28.2 | 38.9 | -9.7% |
| Germany | 18.8 | 17.0 | 19.5 | 30.8 | 17.9% |
| United Kingdom | 8.0 | 16.4 | 25.5 | 25.4 | 47.0% |
| Sweden | 4.1 | 10.1 | 7.7 | 16.3 | 58.4% |
| France | 10.2 | 10.6 | 6.5 | 15.0 | 13.7% |
| Belgium | 42.7 | 16.5 | 16.9 | 12.0 | -34.5% |
| Denmark | 4.6 | 2.2 | 2.7 | 4.9 | 2.1% |
| Poland | 5.6 | 4.5 | 6.4 | 2.6 | -22.6% |
| Others | 173 | 3.8 | 1.8 | 4.4 | -70.6% |
| Total | 320 | 114 | 115 | 151 | -22.1% |
Top Suppliers of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% to the Netherlands in 2022:
- Ireland (9.3K tons)
- Germany (7.1K tons)
- United Kingdom (6.9K tons)
- France (3.6K tons)
- Sweden (3.6K tons)
- Belgium (3.2K tons)
- Denmark (1.1K tons)
- Poland (0.6K tons)
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