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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 (Organization of the Petroleum Exporting Countries): Algeria, Angola, Ecuador, Iran, Iraq, Libya, Nigeria, Qatar, Saudi Arabia, United Arab Emirates, Venezuela
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Show/Hide Information note with exporting countries considered for each product
Liquid milk Exporters considered:
EU-27= EU-27 AR= Argentina AU= Australia BO= Bolivia BR= Brazil CA= Canada CL= Chile CN= China CO= Colombia CR= Costa Rica EC= Ecuador GT= Guatemala IR= Iran JP= Japan KR= Korea, South MY= Malaysia MX= Mexico NZ= New Zealand NI= Nicaragua NO= Norway PK= Pakistan PY= Paraguay PH= Philippines SA= Saudi Arabia SG= Singapore ZA= South Africa LK= Sri Lanka CH= Switzerland TW= Taiwan, Province of China TH= Thailand TR= Turkey UA= Ukraine GB= United Kingdom US= United States UY= Uruguay UZ= Uzbekistan HK= Hong Kong RS= Serbia
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Cream Exporters considered:
EU-27= EU-27 AU= Australia BR= Brazil CA= Canada CL= Chile CN= China CO= Colombia IR= Iran JP= Japan KR= Korea, South MY= Malaysia MX= Mexico NZ= New Zealand NO= Norway PY= Paraguay PH= Philippines SA= Saudi Arabia SG= Singapore ZA= South Africa LK= Sri Lanka CH= Switzerland TW= Taiwan, Province of China TH= Thailand TR= Turkey UA= Ukraine GB= United Kingdom US= United States UY= Uruguay UZ= Uzbekistan HK= Hong Kong RS= Serbia
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Yogurt Exporters considered:
EU-27= EU-27 DZ= Algeria AU= Australia BR= Brazil CA= Canada CL= Chile CN= China CO= Colombia CR= Costa Rica EC= Ecuador GT= Guatemala IR= Iran JP= Japan KR= Korea, South MY= Malaysia MX= Mexico NZ= New Zealand NO= Norway PK= Pakistan PH= Philippines SG= Singapore ZA= South Africa LK= Sri Lanka CH= Switzerland TW= Taiwan, Province of China TH= Thailand TR= Turkey UA= Ukraine GB= United Kingdom US= United States UY= Uruguay UZ= Uzbekistan HK= Hong Kong RS= Serbia
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Butter Exporters considered:
EU-27= EU-27 DZ= Algeria AR= Argentina AU= Australia BO= Bolivia BR= Brazil CA= Canada CL= Chile CN= China CO= Colombia CR= Costa Rica EC= Ecuador GT= Guatemala IR= Iran JP= Japan KR= Korea, South MY= Malaysia MX= Mexico NZ= New Zealand NO= Norway PK= Pakistan PY= Paraguay PH= Philippines SA= Saudi Arabia SG= Singapore ZA= South Africa LK= Sri Lanka CH= Switzerland TW= Taiwan, Province of China TH= Thailand TR= Turkey UA= Ukraine GB= United Kingdom US= United States UY= Uruguay HK= Hong Kong RS= Serbia
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Cheese Exporters considered:
EU-27= EU-27 DZ= Algeria AR= Argentina AU= Australia BR= Brazil CA= Canada CL= Chile CN= China CO= Colombia CR= Costa Rica EC= Ecuador GT= Guatemala IR= Iran JP= Japan KR= Korea, South MY= Malaysia MX= Mexico NZ= New Zealand NI= Nicaragua NO= Norway PK= Pakistan PY= Paraguay PH= Philippines SA= Saudi Arabia SG= Singapore LK= Sri Lanka CH= Switzerland TW= Taiwan, Province of China TH= Thailand TR= Turkey UA= Ukraine GB= United Kingdom US= United States UY= Uruguay HK= Hong Kong RS= Serbia
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WMP Exporters considered:
EU-27= EU-27 AR= Argentina AU= Australia BO= Bolivia BR= Brazil CA= Canada CL= Chile CN= China CO= Colombia CR= Costa Rica EC= Ecuador GT= Guatemala JP= Japan KR= Korea, South MY= Malaysia MX= Mexico NP= Nepal NZ= New Zealand NO= Norway PK= Pakistan PY= Paraguay PH= Philippines SA= Saudi Arabia SG= Singapore LK= Sri Lanka CH= Switzerland TW= Taiwan, Province of China TH= Thailand TR= Turkey UA= Ukraine GB= United Kingdom US= United States UY= Uruguay UZ= Uzbekistan HK= Hong Kong RS= Serbia
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SMP Exporters considered:
EU-27= EU-27 DZ= Algeria AR= Argentina AU= Australia BO= Bolivia BR= Brazil CA= Canada CL= Chile CN= China CO= Colombia CR= Costa Rica EC= Ecuador GT= Guatemala JP= Japan KR= Korea, South MY= Malaysia MX= Mexico NP= Nepal NZ= New Zealand NO= Norway PK= Pakistan PY= Paraguay PH= Philippines SA= Saudi Arabia SG= Singapore ZA= South Africa LK= Sri Lanka CH= Switzerland TW= Taiwan, Province of China TH= Thailand TR= Turkey UA= Ukraine GB= United Kingdom US= United States UY= Uruguay UZ= Uzbekistan HK= Hong Kong RS= Serbia
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Whey powder Exporters considered:
EU-27= EU-27 AR= Argentina AU= Australia BR= Brazil CA= Canada CL= Chile CN= China CO= Colombia CR= Costa Rica GT= Guatemala JP= Japan KR= Korea, South MY= Malaysia MX= Mexico NZ= New Zealand NO= Norway PH= Philippines SA= Saudi Arabia SG= Singapore ZA= South Africa LK= Sri Lanka CH= Switzerland TW= Taiwan, Province of China TH= Thailand TR= Turkey UA= Ukraine GB= United Kingdom US= United States UY= Uruguay HK= Hong Kong RS= Serbia
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Condensed Milk Exporters considered:
EU-27= EU-27 AU= Australia BR= Brazil CA= Canada CL= Chile CN= China CO= Colombia CR= Costa Rica EC= Ecuador GT= Guatemala JP= Japan KR= Korea, South MY= Malaysia MX= Mexico NZ= New Zealand NO= Norway PK= Pakistan PH= Philippines SA= Saudi Arabia SG= Singapore ZA= South Africa LK= Sri Lanka CH= Switzerland TW= Taiwan, Province of China TH= Thailand TR= Turkey UA= Ukraine GB= United Kingdom US= United States UZ= Uzbekistan HK= Hong Kong RS= Serbia
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FFMP Exporters considered:
EU-27= EU-27 AR= Argentina AU= Australia BR= Brazil CA= Canada CL= Chile CN= China CO= Colombia CR= Costa Rica EC= Ecuador GT= Guatemala JP= Japan KR= Korea, South MY= Malaysia MX= Mexico NZ= New Zealand NO= Norway PK= Pakistan PY= Paraguay PH= Philippines SG= Singapore ZA= South Africa LK= Sri Lanka CH= Switzerland TW= Taiwan, Province of China TH= Thailand TR= Turkey UA= Ukraine GB= United Kingdom US= United States UY= Uruguay HK= Hong Kong RS= Serbia
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Jan-Dec 2014 |
Jan-Dec 2015 |
Jan-Dec 2016 |
Jan-Dec 2017 |
Jan-Dec 2018 |
Jan-Dec 2019 |
Jan-Dec 2020 |
Jan-Dec 2021 |
Jan-Dec 2022 |
Jan-Dec 2023 |
Jan-Dec 2024 |
Average price of oil (USD / bbl) |
99,47 |
52,58 |
43,54 |
54,22 |
71,11 |
64,27 |
41,90 |
70,47 |
100,88 |
82,41 |
80,57 |
% change* |
- |
-47,1% |
-17,2% |
+24,5% |
+31,1% |
-9,6% |
-34,8% |
+68,2% |
+43,1% |
-18,3% |
-2,2% |
Average price of WMP Oceania (USD / Ton) |
3.768 |
2.474 |
2.424 |
3.095 |
3.005 |
3.133 |
2.983 |
3.853 |
3.872 |
3.080 |
3.411 |
Change %* |
- |
-34,4% |
-2,0% |
+27,7% |
-2,9% |
+4,2% |
-4,8% |
+29,2% |
+0,5% |
-20,5% |
+10,8% |
Average exports price to OPEC (USD / Ton) |
3.752 |
2.833 |
2.499 |
2.703 |
2.687 |
2.831 |
3.053 |
3.000 |
3.561 |
3.284 |
3.282 |
Change %* |
- |
-24,5% |
-11,8% |
+8,1% |
-0,6% |
+5,4% |
+7,8% |
-1,7% |
+18,7% |
-7,8% |
-0,1% |
Total exports to OPEC ('000 Ton) |
2.605 |
2.569 |
2.401 |
2.539 |
2.525 |
2.227 |
2.083 |
2.163 |
2.105 |
2.279 |
2.280 |
Change %* |
- |
-1,4% |
-6,5% |
+5,7% |
-0,6% |
-11,8% |
-6,4% |
+3,8% |
-2,7% |
+8,3% |
+0,0% |
* Change from the same period of previous year.
Source Price of Oil: U.S. Department of Energy, Energy Information Administration
Price of whole milk price (WMP) in Oceania: USDA
Export: GTIS
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Product |
Jan |
Feb |
Mar |
Apr |
May |
Jun |
Jul |
Aug |
Sep |
Oct |
Nov |
Dec |
Total 2023 |
± on 2022 * |
Butter |
8 |
6 |
5 |
11 |
11 |
11 |
8 |
7 |
7 |
10 |
14 |
9 |
107 |
+29,3% |
Whey powder |
4 |
4 |
4 |
6 |
6 |
5 |
4 |
5 |
5 |
4 |
5 |
4 |
58 |
+7,3% |
FFMP |
31 |
28 |
29 |
27 |
37 |
35 |
35 |
34 |
33 |
34 |
39 |
36 |
397 |
+7,0% |
Cheese |
22 |
24 |
24 |
21 |
24 |
25 |
23 |
24 |
25 |
27 |
27 |
25 |
291 |
+0,2% |
WMP |
41 |
36 |
38 |
49 |
55 |
47 |
29 |
22 |
33 |
56 |
49 |
43 |
496 |
+0,6% |
SMP |
18 |
25 |
33 |
35 |
40 |
40 |
28 |
22 |
23 |
25 |
27 |
25 |
342 |
+10,0% |
Liquid milk |
10 |
8 |
8 |
7 |
6 |
9 |
7 |
7 |
6 |
8 |
7 |
7 |
92 |
+0,4% |
Condensed milk |
17 |
13 |
15 |
12 |
16 |
15 |
10 |
15 |
13 |
18 |
16 |
15 |
175 |
+20,8% |
Yogurt |
6 |
8 |
14 |
15 |
11 |
10 |
13 |
16 |
13 |
10 |
10 |
9 |
134 |
+41,8% |
Cream |
6 |
5 |
6 |
5 |
6 |
7 |
7 |
5 |
6 |
7 |
6 |
6 |
72 |
+11,4% |
Infant milk formula |
9 |
9 |
9 |
10 |
10 |
11 |
10 |
9 |
10 |
8 |
9 |
10 |
115 |
+7,6% |
Monthly total |
173 |
167 |
187 |
198 |
222 |
215 |
175 |
166 |
173 |
207 |
209 |
189 |
2.279 |
+8,3% |
* Change from the same period of previous year.
Source Export: GTIS
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