Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Venezuela - 2022
Contents:
- Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Venezuela (CIF) - 2022
- Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Venezuela (FOB) - 2022
- Imports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Venezuela
- Exports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Venezuela
Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Venezuela (CIF) - 2022
The average import price for powdered unsweetened milk and cream of fat weight content over 1.5% stood at $4,421 per ton in 2022, increasing by 12% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price increased by 29% against the previous year. As a result, import price reached the peak level of $5,281 per ton. From 2015 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($6,657 per ton), while the price for New Zealand ($3,188 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uruguay (+5.8%), 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 Venezuela (FOB) - 2022
In 2022, the average export price for powdered unsweetened milk and cream of fat weight content over 1.5% amounted to $5,942 per ton, rising by 34% against the previous year. Over the period under review, the export price showed a remarkable increase. The most prominent rate of growth was recorded in 2020 an increase of 41% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.
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 the United States amounted to +38.5% per year.
Imports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Venezuela
After three years of growth, purchases abroad of powdered unsweetened milk and cream of fat weight content over 1.5% decreased by -4% to 3.4K tons in 2022. In general, imports saw a mild setback. The pace of growth appeared the most rapid in 2021 when imports increased by 0.5% against the previous year. As a result, imports attained the peak of 3.6K tons, and then reduced in the following year.
In value terms, imports of powdered unsweetened milk and cream of fat weight content over 1.5% rose rapidly to $15M in 2022. Overall, imports recorded a relatively flat trend pattern.
| Import of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Venezuela (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 4.1 | 4.8 | 4.7 | 5.6 | 11.0% |
| Ecuador | 1.9 | 2.1 | 2.0 | 2.3 | 6.6% |
| Mexico | 1.2 | 1.5 | 1.7 | 2.2 | 22.4% |
| Colombia | 1.3 | 1.7 | 2.3 | 1.2 | -2.6% |
| Argentina | 1.9 | 1.8 | 1.4 | 1.2 | -14.2% |
| Uruguay | 0.2 | 0.1 | 0.1 | 0.8 | 58.7% |
| Chile | 0.7 | 0.7 | 0.7 | 0.7 | 0.0% |
| New Zealand | 0.3 | 0.4 | 0.3 | 0.4 | 10.1% |
| Brazil | 0.8 | 0.4 | 0.1 | 0.1 | -50.0% |
| Others | 2.7 | 1.1 | 0.7 | 0.7 | -36.2% |
| Total | 15.1 | 14.6 | 14.1 | 15.1 | 0.0% |
Top Suppliers of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% to Venezuela in 2022:
- Ireland (1281.7 tons)
- Ecuador (664.4 tons)
- Mexico (488.3 tons)
- Argentina (220.5 tons)
- Colombia (186.1 tons)
- Uruguay (141.3 tons)
- Chile (125.4 tons)
- New Zealand (111.5 tons)
- Brazil (22.0 tons)
Exports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Venezuela
Exports of powdered unsweetened milk and cream of fat weight content over 1.5% from Venezuela soared to 11 tons in 2022, with an increase of 259% on the previous year. Over the period under review, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of powdered unsweetened milk and cream of fat weight content over 1.5% skyrocketed to $63K in 2022. In general, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.7 | 5.9 | 13.0 | 62.9 | 185.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.7 | 5.9 | 13.0 | 62.9 | 185.6% |
Top Export Markets for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% from Venezuela in 2022:
- United States (10.6 tons)
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