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World: WPC and SMP Prices

This page compares prices recorded for Skimmed Milk Powder (SMP) in Germany, Oceania and the US with prices recorded for Whey Protein Concentrate Powder (WPC containing 34% dried protein) in the US (Central and West) over a given time period.

WPC (Whey Protein Concentrate) powder comes from concentration of the whey protein content via a membrane separation process (Ultrafiltration - UF).

We have highlighted the comparison between SMP and WPC because Whey Protein Concentrate Powder (WPC-34%) is frequently used in both the food (e.g. ice-cream) and livestock (e.g. calf feed) sector to partially replace skimmed milk powder (SMP).

Comparison of the respective prices can offer a key interpretation of the trends reported. We should also remember that price trends for Whey Protein Concentrate Powder (WPC) are influenced by the skimmed milk powder (SMP) market prices.

The largest WPC-producing countries in Europe are France, Germany and Holland.
 
Month 2021 2022 2023 ± on prev.
month. 		± % from
2022
January 2.298 3.490 2.709 -5,40% -22,39%
February 2.398 3.701 2.540 -6,23% -31,37%
March 2.478 4.006 2.610 +2,76% -34,85%
April 2.535 4.299 2.408 -7,76% -44,00%
May 2.603 4.188 2.428 +0,85% -42,02%
June 2.613 4.150 2.500 +2,97% -39,76%
July 2.521 4.025 2.385 -4,60% -40,75%
August 2.518 3.839 2.271 -4,78% -40,84%
September 2.676 3.811 2.265 -0,26% -40,57%
October 2.909 3.641 2.551 +12,64% -29,93%
November 3.160 3.056 2.713 +6,35% -11,21%
December 3.320 2.863  
Jan-Nov 2.610 3.837 2.489
Change¹ % +16,36% +47,02% -35,13%
Average 2.664 3.774
Change¹ % +19,28% +41,65%
Last Update:27-11-2023
1) change from the same period of previous year
The monthly, cumulative and annual prices are arithmetic averages calculated on the basis of the weekly prices
*: Prices VAT excluded FOB ex-works
Consult weekly wholesale prices
Source: ZMP; since May 6,2009 "Süddeutsche Butter - und Käsebörse eV, Kempten"
  min price
  max price
 
Month 2021 2022 2023 ± on prev.
month. 		± % from
2022
January 2.622 3.413 2.739 -6,44% -19,75%
February 2.653 3.616 2.656 -3,03% -26,56%
March 2.822 4.131 2.574 -3,08% -37,70%
April 2.862 4.204 2.468 -4,12% -41,31%
May 2.890 3.947 2.639 +6,95% -33,14%
June 2.897 4.046 2.591 -1,83% -35,96%
July 2.735 3.986 2.385 -7,93% -40,16%
August 2.604 3.537 2.235 -6,32% -36,81%
September 2.637 3.595 2.197 -1,71% -38,90%
October 2.891 3.427 2.480 +12,92% -27,63%
November 3.161 2.919 2.501 +0,82% -14,32%
December 3.293 2.927  
Jan-Nov 2.798 3.711 2.497
Change¹ % +14,05% +32,64% -32,72%
Average 2.842 3.665
Change¹ % +15,78% +28,97%
Last Update:24-11-2023
1) change from the same period of previous year
The monthly, cumulative and annual prices are arithmetic averages calculated on the basis of the weekly prices
*: Consult fortnightly wholesale prices
Source: USDA AMS Dairy Markets News
  min price
  max price
 
 
Month 2021 2022 2023 ± on prev.
month. 		± % from
2022
January 1.739 2.796 3.440 -5,59% +23,06%
February 1.849 3.077 3.090 -10,19% +0,42%
March 1.930 3.420 2.782 -9,94% -18,65%
April 2.023 3.632 2.457 -11,70% -32,35%
May 2.059 3.790 2.249 -8,45% -40,66%
June 2.109 3.803 1.939 -13,80% -49,02%
July 2.153 3.956 1.749 -9,76% -55,78%
August 2.167 3.939 1.663 -4,96% -57,79%
September 2.140 4.021 1.695 +1,92% -57,86%
October 2.189 4.068 1.808 +6,70% -55,56%
November 2.344 3.906 1.821 +0,68% -53,40%
December 2.563 3.644  
Jan-Nov 2.064 3.674 2.245
Change¹ % +12,65% +77,99% -38,90%
Average 2.108 3.682
Change¹ % +15,86% +74,66%
Last Update:24-11-2023
1) change from the same period of previous year
The monthly, cumulative and annual prices are arithmetic averages calculated on the basis of the weekly prices
*: Consult weekly wholesale prices
Source: USDA AMS Dairy Market News
  min price
  max price
 
Month 2021 2022 2023 ± on prev.
month. 		± % from
2022
January 2.092 3.326 2.756 -7,86% -17,15%
February 2.077 3.573 2.550 -7,47% -28,64%
March 2.142 3.705 2.475 -2,94% -33,19%
April 2.206 3.717 2.291 -7,43% -38,36%
May 2.401 3.676 2.366 +3,30% -35,63%
June 2.373 3.843 2.355 -0,49% -38,72%
July 2.312 3.784 2.218 -5,81% -41,39%
August 2.345 3.395 2.236 +0,83% -34,14%
September 2.462 3.511 2.261 +1,10% -35,60%
October 2.721 3.460 2.496 +10,41% -27,86%
November 3.017 3.153 2.476 -0,82% -21,47%
December 3.103 2.991  
Jan-Nov 2.377 3.558 2.407
Change¹ % +16,00% +49,69% -32,35%
Average 2.442 3.510
Change¹ % +19,14% +43,73%
Last Update:24-11-2023
1) change from the same period of previous year
The monthly, cumulative and annual prices are arithmetic averages calculated on the basis of the weekly prices
*: Low Medium Heat (SMP) Mostly
Consult weekly wholesale prices
Source: USDA AMS Dairy Market News
  min price
  max price
 
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