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Skim Milk Powder (SMP), International Market - Western Europe

This page contains the wholesale prices for Skimmed Milk Powder (SMP, 1.25% butterfat) produced in Europe and recorded by the USDA.

This Area is referred to as the "International dairy market - Europe" and is a combination of countries as listed below:
Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, and United Kingdom.

Prices are recorded fortnightly.

The prices recorded over the most recent period are listed in the table, while the graph below illustrates price trends over the past three years in € and in local currency Furthermore, time series are available for monthly average prices of last nine years.

The graph below compares the prices for Skimmed Milk Powder in the Western Europe market - International Market (source USDA) with the prices for Skimmed Milk Powder in Germany, over a given period.
 
Western Europe - International Market
Fortnightly prices of
Skim Milk Powder (SMP)
1.25% butterfat
US $ per ton € per ton
min / max ± on prev. price min / max ± on prev. price
Friday 9 Jun 2023
2.550 / 2.800 +1,42% 2.365 / 2.597 +1,15%
Friday 26 May 2023
2.525 / 2.750 +0,48% 2.349 / 2.558 +1,79%
Friday 12 May 2023
2.500 / 2.750 +1,45% 2.295 / 2.525 +2,28%
Friday 28 Apr 2023
2.450 / 2.725 -2,82% 2.231 / 2.482 -2,14%
Friday 14 Apr 2023
2.500 / 2.825 -3,18% 2.261 / 2.555 -4,78%
Friday 31 Mar 2023
2.600 / 2.900 +0,46% 2.391 / 2.667 -1,87%
Friday 17 Mar 2023
2.575 / 2.900 -2,23% 2.424 / 2.730 -2,31%
Friday 3 Mar 2023
2.650 / 2.950 +3,23% 2.496 / 2.779 +3,32%
Friday 17 Feb 2023
2.575 / 2.850 -3,13% 2.424 / 2.682 -0,28%
Friday 3 Feb 2023
2.600 / 3.000 -5,49% 2.377 / 2.743 -6,44%
n.q.: not quoted price
Source: USDA
Informative note
NOTE: The conversion US $ / € for each quotation is calculated using the exchange rate of the previous day.

Prices are U.S. $/MT (Metric Ton= 2,204.6 pounds) F.O.B. port. Information gathered for this report is from trades, offers to sell, and secondary data.
USD
€/ton WESTERN EUROPE
Skim Milk Powder, 1.25% butterfat
GERMANY
Skimmed Milk Powder
(Magermilchpulver
ADPI-Extra)

2015 2016 2017 2018 2019 2020 2021 2022 2023 % on prev. month % on 2022 2023 % on prev. month % on 2022
January 1.833 1.626 2.114 1.363 1.803 2.604 2.269 3.439 2.803 -5,77% -18,49% 2.709 -5,40% -22,39%
February 2.084 1.576 2.019 1.369 1.961 2.601 2.373 3.616 2.557 -8,79% -29,30% 2.540 -6,23% -31,37%
March 2.172 1.554 1.814 1.320 1.965 2.265 2.471 3.909 2.581 +0,96% -33,96% 2.610 +2,76% -34,85%
April 2.025 1.522 1.749 1.353 1.943 1.687 2.537 4.228 2.382 -7,71% -43,66% 2.408 -7,76% -44,00%
May 1.834 1.580 1.829 1.483 2.033 1.667 2.607 4.124 2.432 +2,08% -41,03% 2.428 +0,85% -42,02%
June 1.777 1.694 2.020 1.599 2.059 1.696 2.648 4.123 2.481 +2,05% -39,81% 2.500 +2,97% -39,76%
July 1.717 1.771 1.820 1.568 2.088 2.164 2.540 4.011
August 1.604 1.809 1.804 1.571 2.127 2.112 2.508 3.826
September 1.597 1.963 1.694 1.656 2.207 2.236 2.579 3.797
October 1.746 2.083 1.546 1.588 2.340 2.199 2.715 3.599
November 1.769 2.070 1.508 1.594 2.481 2.158 3.057 3.137
December 1.656 2.093 1.438 1.688 2.557 2.167 3.310 2.974
Average* 1.818 1.778 1.780 1.513 2.130 2.130 2.634 3.732 2.539 2.532
Change (1) -31,69% -2,18% +0,08% -15,00% +40,83% -0,03% +23,70% +41,65% -35,00% -36,25%
* Arithmetic Average
1) change from the same period of previous year
  min price
  max price
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