Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Ukraine - 2024
Contents:
- Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Ukraine (FOB) - 2022
- Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Ukraine (CIF) - 2022
- Exports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Ukraine
- Imports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Ukraine
Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Ukraine (FOB) - 2022
In 2022, the average export price for powdered unsweetened milk and cream of fat weight content over 1.5% amounted to $4,990 per ton, increasing by 34% against the previous year. Overall, export price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +3.5% 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% increased by +115.4% against 2015 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Israel ($5,473 per ton) and Poland ($4,829 per ton), while the average price for exports to Lebanon ($4,276 per ton) and Azerbaijan ($4,344 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+26.9%), 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 Ukraine (CIF) - 2022
The average import price for powdered unsweetened milk and cream of fat weight content over 1.5% stood at $5,238 per ton in 2022, growing by 37% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.8%. The pace of growth appeared the most rapid in 2016 an increase of 49% against the previous year. Over the period under review, average import prices reached the peak figure at $5,617 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the Czech Republic ($5,754 per ton) and Poland ($5,470 per ton), while the price for Belarus ($4,314 per ton) and France ($5,355 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+17.6%), 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 Ukraine
In 2022, approx. 5.1K tons of powdered unsweetened milk and cream of fat weight content over 1.5% were exported from Ukraine; dropping by -16.7% against the previous year's figure. Over the period under review, exports continue to indicate a sharp shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 18%.
In value terms, exports of powdered unsweetened milk and cream of fat weight content over 1.5% expanded sharply to $26M in 2022. In general, exports recorded a dramatic curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 37%.
| Export of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Ukraine (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | 2.6 | 3.2 | 3.8 | 6.1 | 32.9% |
| Poland | 1.7 | 0.7 | 1.3 | 3.2 | 23.5% |
| Lebanon | 0.9 | 0.9 | 1.0 | 1.6 | 21.1% |
| Azerbaijan | 0.7 | 1.1 | 0.9 | 0.8 | 4.6% |
| Netherlands | 0.2 | 0.1 | N/A | 0.6 | 44.2% |
| Bulgaria | N/A | N/A | N/A | 0.2 | 0% |
| Armenia | 1.9 | 1.3 | 1.9 | 0.1 | -62.5% |
| China | 12.0 | N/A | 0.4 | N/A | -81.7% |
| Algeria | 1.2 | 0.4 | 1.4 | N/A | 8.0% |
| Others | 29.6 | 9.1 | 12.2 | 13.1 | -23.8% |
| Total | 50.8 | 16.7 | 22.9 | 25.5 | -20.5% |
Top Export Markets for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% from Ukraine in 2022:
- Israel (1121.0 tons)
- Poland (665.0 tons)
- Lebanon (372.6 tons)
- Azerbaijan (173.0 tons)
- Netherlands (120.0 tons)
- Bulgaria (41.0 tons)
- Armenia (12.0 tons)
Imports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Ukraine
Imports of powdered unsweetened milk and cream of fat weight content over 1.5% into Ukraine plummeted to 568 tons in 2022, which is down by -64.1% compared with 2021 figures. Overall, imports, however, saw significant growth. The growth pace was the most rapid in 2021 with an increase of 996% against the previous year. As a result, imports attained the peak of 1.6K tons, and then fell notably in the following year.
In value terms, imports of powdered unsweetened milk and cream of fat weight content over 1.5% contracted sharply to $3M in 2022. In general, imports, however, posted significant growth. The growth pace was the most rapid in 2021 with an increase of 886% against the previous year. As a result, imports reached the peak of $6M, and then dropped dramatically in the following year.
| Import of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 296 | 110 | 625 | 1,010 | 50.5% |
| Belarus | N/A | 0.1 | 1,717 | 259 | 4989.2% |
| Czech Republic | N/A | N/A | 436 | 114 | -73.9% |
| France | 187 | 187 | 136 | 104 | -17.8% |
| Germany | N/A | N/A | 91.0 | N/A | 0% |
| Others | 501 | 315 | 3,025 | 1,488 | 43.7% |
| Total | 983 | 611 | 6,031 | 2,975 | 44.6% |
Top Suppliers of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% to Ukraine in 2022:
- Poland (184.7 tons)
- Belarus (60.0 tons)
- Czech Republic (19.9 tons)
- France (19.4 tons)
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