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On this page of consultation and study you can follow the flow of total export of SMP, WMP, butter, cheese, whey powder, liquid milk, condensed milk, yogurt, cream, infant milk formula and FFMP to OPEC (Organization of the Petroleum Exporting Countries) members.
The chart below shows the total exports to OPEC, broken down by product, for the current year compared with the same period of the previous years.
The table below shows the year-to-date values of:
- average price of oil;
- average price of whole milk powder (WMP) in Oceania;
- average price of exports to OPEC;
- global volumes exported to OPEC
compared to the same period of previous years.
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OPEC countries included in the aggregate
(Organization of the Petroleum Exporting Countries):
Algeria, Iran, Iraq, Kuwait, Libya, Nigeria, Saudita Arabia, Venezuela, Equatorial Guinea, Republic of the Congo, Gabon
Methodological note on historical data:
To ensure statistical consistency and homogeneous trends, the OPEC aggregate exclusively includes member countries as of May 1, 2026. Historical data has been retrospectively recalculated by excluding the United Arab Emirates (left on May 1, 2026), Angola (2024), Ecuador (2020), and Qatar (2019).
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ℹ️ Notice
Exporting countries included in the chart
▼
AE → United Arab Emirates
AR → Argentina
AU → Australia
BO → Bolivia
BR → Brazil
CA → Canada
CH → Switzerland
CL → Chile
CN → China
CO → Colombia
CR → Costa Rica
DZ → Algeria
EU → EU-27
GB → United Kingdom
GT → Guatemala
HK → Hong Kong
ID → Indonesia
IN → India
JP → Japan
KR → Korea, South
LK → Sri Lanka
MA → Morocco
MX → Mexico
MY → Malaysia
NO → Norway
NP → Nepal
NZ → New Zealand
PE → Peru
PY → Paraguay
RS → Serbia
SA → Saudi Arabia
SG → Singapore
TH → Thailand
TR → Turkey
TW → Taiwan, Province of China
US → United States
UY → Uruguay
UZ → Uzbekistan
VN → Vietnam
ZA → South Africa
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Jan-Aug
2016 |
Jan-Aug
2017 |
Jan-Aug
2018 |
Jan-Aug
2019 |
Jan-Aug
2020 |
Jan-Aug
2021 |
Jan-Aug
2022 |
Jan-Aug
2023 |
Jan-Aug
2024 |
Jan-Aug
2025 |
Jan-Aug
2026 |
| Average Oil Price (USD / bbl) |
40,97 |
51,24 |
71,38 |
64,83 |
41,27 |
66,50 |
107,12 |
80,35 |
83,53 |
71,31 |
90,25 |
| % change* |
- |
+25,1% |
+39,3% |
-9,2% |
-36,3% |
+61,1% |
+61,1% |
-25,0% |
+4,0% |
-14,6% |
+26,6% |
| Average WMP Price in Oceania (USD / Ton) |
2.124 |
3.159 |
3.136 |
3.095 |
2.956 |
3.866 |
4.105 |
3.162 |
3.305 |
4.045 |
3.567 |
| % Change* |
- |
+48,7% |
-0,7% |
-1,3% |
-4,5% |
+30,8% |
+6,2% |
-23,0% |
+4,5% |
+22,4% |
-11,8% |
| Average Dairy Export Price (ME) to OPEC Countries (USD / Ton) |
2.447 |
2.544 |
2.680 |
2.697 |
2.980 |
3.257 |
3.919 |
3.379 |
3.181 |
3.401 |
3.360 |
| % Change* |
- |
+4,0% |
+5,3% |
+0,7% |
+10,5% |
+9,3% |
+20,3% |
-13,8% |
-5,9% |
+6,9% |
-1,2% |
| Average Dairy Export Price (ME) to OPEC Countries (USD / Ton) |
412 |
415 |
425 |
492 |
487 |
545 |
650 |
538 |
501 |
579 |
576 |
| % change* |
- |
+0,7% |
+2,6% |
+15,7% |
-1,0% |
+11,9% |
+19,2% |
-17,1% |
-7,0% |
+15,7% |
-0,6% |
| Total Dairy Exports to OPEC Countries ('000 Tons) |
601 |
712 |
703 |
638 |
678 |
588 |
561 |
591 |
634 |
548 |
484 |
| % Change* |
- |
+18,3% |
-1,2% |
-9,1% |
+6,1% |
-13,3% |
-4,6% |
+5,4% |
+7,3% |
-13,6% |
-11,7% |
| Total Exports in ME to OPEC Countries ('000 Tons) |
3.575 |
4.367 |
4.428 |
3.501 |
4.148 |
3.513 |
3.383 |
3.711 |
4.032 |
3.221 |
2.826 |
| % Change* |
- |
+22,2% |
+1,4% |
-20,9% |
+18,5% |
-15,3% |
-3,7% |
+9,7% |
+8,6% |
-20,1% |
-12,3% |
* Change calculated compared to the same period of the previous year.
Source Oil Price: U.S. Department of Energy, Energy Information Administration
Whole Milk Powder (WMP) Price in Oceania: USDA
Export: IHS
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DAIRY PRODUCT EXPORT vs OPEC
('000 Ton)
Period: January-August |
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| Product |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
2025 |
2026 |
Var. % |
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Butter |
48 |
34 |
36 |
49 |
14 |
10 |
10 |
11 |
10 |
12 |
11 |
-12,8% |
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FFMP |
102 |
134 |
143 |
154 |
160 |
148 |
138 |
132 |
131 |
130 |
118 |
-9,5% |
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Whey powder |
9 |
11 |
13 |
10 |
13 |
16 |
14 |
19 |
30 |
33 |
25 |
-23,6% |
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Cheese |
54 |
52 |
50 |
47 |
48 |
44 |
40 |
40 |
49 |
43 |
37 |
-14,2% |
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WMP |
237 |
265 |
229 |
210 |
246 |
208 |
201 |
209 |
209 |
174 |
164 |
-5,6% |
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SMP |
113 |
166 |
202 |
131 |
166 |
138 |
135 |
160 |
182 |
138 |
113 |
-18,0% |
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Drinking milk |
12 |
12 |
10 |
12 |
13 |
10 |
10 |
9 |
10 |
8 |
7 |
-5,2% |
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Cond. milk. |
23 |
33 |
15 |
21 |
14 |
10 |
8 |
7 |
9 |
6 |
6 |
-11,2% |
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Cream |
4 |
4 |
3 |
4 |
3 |
4 |
4 |
4 |
4 |
4 |
3 |
-19,1% |
| Total |
601
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712
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703
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638
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678
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588
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561
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591
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634
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548
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484
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-11,7%
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Source Export: IHS
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