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Global Export to OPEC
 
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.
« 2023 Data
 
OPEC (Organization of the Petroleum Exporting Countries):
Algeria, Angola, Ecuador, Iran, Iraq, Libya, Nigeria, Qatar, Saudi Arabia, United Arab Emirates, Venezuela
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
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
 Cream
Exporters considered:

EU-27= EU-27
AU= Australia
BR= Brazil
CA= Canada
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
 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
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
 Butter
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
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
 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
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
 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
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
 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
 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
SG= Singapore
ZA= South Africa
LK= Sri Lanka
CH= Switzerland
TH= Thailand
TR= Turkey
UA= Ukraine
GB= United Kingdom
US= United States
UY= Uruguay
HK= Hong Kong
RS= Serbia
 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
UY= Uruguay
UZ= Uzbekistan
HK= Hong Kong
RS= Serbia
 FFMP
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
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
 
 
Show/Hide graph with changes in dairy import in Milk Equivalent


 
  Jan-Oct
2014		 Jan-Oct
2015		 Jan-Oct
2016		 Jan-Oct
2017		 Jan-Oct
2018		 Jan-Oct
2019		 Jan-Oct
2020		 Jan-Oct
2021		 Jan-Oct
2022		 Jan-Oct
2023		 Jan-Oct
2024
Average price of oil (USD / bbl) 104,62 54,61 42,43 52,28 73,05 64,17 41,14 68,99 103,91 82,75 81,96
% change* - -47,8% -22,3% +23,2% +39,7% -12,2% -35,9% +67,7% +50,6% -20,4% -1,0%
Average price of WMP Oceania (USD / Ton) 3.997 2.502 2.283 3.144 3.070 3.107 2.963 3.835 3.971 3.084 3.341
Change %* - -37,4% -8,8% +37,7% -2,3% +1,2% -4,6% +29,4% +3,5% -22,3% +8,3%
Average exports price to OPEC (USD / Ton) 3.837 2.853 2.487 2.660 2.669 2.805 3.038 2.993 3.550 3.300 3.258
Change %* - -25,6% -12,8% +6,9% +0,4% +5,1% +8,3% -1,5% +18,6% -7,0% -1,3%
Total exports to OPEC ('000 Ton) 2.165 2.152 1.959 2.109 2.110 1.830 1.774 1.792 1.697 1.885 1.987
Change %* - -0,6% -9,0% +7,7% +0,0% -13,3% -3,0% +1,0% -5,3% +11,1% +5,5%
* 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
 
<< 2023 monthly data DAIRY PRODUCT EXPORT vs OPEC - 2024 ('000 Ton)
Product Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total 2024 ± on 2023 *
Butter 10 8 8 7 7 6 9 7 7 8     78 -7,2%
Whey powder 5 6 6 9 8 5 6 6 5 5     60 +22,9%
FFMP 32 32 35 37 36 29 37 34 32 39     342 +5,9%
Cheese 26 24 27 26 28 26 29 27 24 29     267 +11,6%
WMP 57 65 51 40 38 35 33 25 25 47     417 +3,2%
SMP 31 37 44 43 35 29 34 32 25 28     339 +16,9%
Liquid milk 8 6 8 6 6 6 8 7 7 8     70 -12,1%
Condensed milk 12 11 13 18 14 16 16 14 18 18     148 +2,7%
Yogurt 10 13 16 10 9 9 12 11 10 11     111 -3,7%
Cream 6 6 6 6 6 6 6 5 6 7     59 -1,8%
Infant milk formula 8 9 9 11 10 9 10 9 9 11     96 -0,1%
Monthly total 207 216 222 213 197 177 200 177 167 211     1.987 +5,5%
* Change from the same period of previous year.

Source Export: GTIS