Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Vietnam - 2022
Contents:
- Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Vietnam (CIF) - 2022
- Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Vietnam (FOB) - 2022
- Imports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Vietnam
- Exports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Vietnam
Price for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Vietnam (CIF) - 2022
In 2022, the average import price for powdered unsweetened milk and cream of fat weight content over 1.5% amounted to $4,031 per ton, growing by 7.4% against the previous year. Over the period under review, the import price, however, recorded a deep contraction. The pace of growth appeared the most rapid in 2020 when the average import price increased by 107%. Over the period under review, average import prices hit record highs at $6,973 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Australia ($3,961 per ton) and New Zealand ($3,961 per ton), while the price for France ($3,961 per ton) and Uruguay ($3,961 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+7.4%), 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 Vietnam (FOB) - 2022
The average export price for powdered unsweetened milk and cream of fat weight content over 1.5% stood at $4,130 per ton in 2022, increasing by 5.1% against the previous year. Over the period under review, the export price, however, recorded a abrupt descent. The pace of growth appeared the most rapid in 2018 when the average export price increased by 31%. Over the period under review, the average export prices hit record highs at $13,613 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Iraq ($4,139 per ton), while the average price for exports to the United Arab Emirates ($365 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+3.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Vietnam
In 2022, the amount of powdered unsweetened milk and cream of fat weight content over 1.5% imported into Vietnam shrank significantly to 37K tons, waning by -48.1% compared with the year before. In general, imports recorded a sharp slump. The most prominent rate of growth was recorded in 2021 when imports increased by 246% against the previous year.
In value terms, imports of powdered unsweetened milk and cream of fat weight content over 1.5% declined sharply to $150M in 2022. Over the period under review, imports recorded a deep reduction. The pace of growth was the most pronounced in 2021 when imports increased by 89%. As a result, imports reached the peak of $269M, and then dropped significantly in the following year.
| Import of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 121 | 65.3 | 118 | 64.9 | -18.8% |
| Australia | 1.0 | 1.3 | 4.1 | 2.5 | 35.7% |
| France | 2.3 | 1.9 | 4.0 | 2.3 | 0.0% |
| Uruguay | 0.2 | 0.2 | 1.4 | 1.8 | 108.0% |
| Netherlands | 1.7 | 0.7 | 3.0 | 0.5 | -33.5% |
| Others | 134 | 72.8 | 139 | 77.9 | -16.5% |
| Total | 260 | 142 | 269 | 150 | -16.8% |
Top Suppliers of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% to Vietnam in 2022:
- New Zealand (16.4K tons)
- France (0.6K tons)
- Australia (0.6K tons)
- Uruguay (0.5K tons)
- Netherlands (0.1K tons)
Exports of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Vietnam
In 2022, the amount of powdered unsweetened milk and cream of fat weight content over 1.5% exported from Vietnam declined to 30K tons, reducing by -6% on 2021. Overall, exports showed a noticeable contraction. The most prominent rate of growth was recorded in 2021 with an increase of 3.6% against the previous year.
In value terms, exports of powdered unsweetened milk and cream of fat weight content over 1.5% contracted slightly to $122M in 2022. The total export value increased at an average annual rate of +3.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 with an increase of 16% against the previous year. As a result, the exports reached the peak of $124M, and then dropped slightly in the following year.
| Export of Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iraq | 51.2 | 49.3 | 57.5 | 54.8 | 2.3% |
| Cambodia | 2.8 | 3.6 | 4.2 | 5.8 | 27.5% |
| Others | 56.2 | 54.1 | 62.1 | 61.8 | 3.2% |
| Total | 110 | 107 | 124 | 122 | 3.5% |
Top Export Markets for Powdered Unsweetened Milk and Cream of Fat Weight Content over 1.5% from Vietnam in 2022:
- Iraq (13.2K tons)
- Cambodia (1.4K tons)
159
This report provides an in-depth analysis of the whole powdered milk market in Vietnam.
481
This report provides an in-depth analysis of the market for powdered, condensed or evaporated milk in Vietnam.
1026
This report provides an in-depth analysis of the market for evaporated and condensed milk in Vietnam.
862
This report provides an in-depth analysis of the market for sweetened condensed and evaporated milk in Vietnam.
426
This report provides an in-depth analysis of the market for unsweetened condensed and evaporated milk in Vietnam.
1874
This report provides an in-depth analysis of the powdered milk market in Vietnam.
140
This report provides an in-depth analysis of the skim powdered milk market in Vietnam.
372
This report provides an in-depth analysis of the market for powdered, evaporated and condensed milk in Vietnam.
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.
