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BELGIUM: Milkfat supply

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This page contains a chart showing the Belgium deliveries’ milkfat monthly changes, in comparison with the butter price development.

Milkfat changes, converted into butter equivalent 82% fat, are calculated on the rolling year: for each month, the milkfat production is added to the production of the previous 11 months. With this method is always considered the total production in a 12-months time window, so it is possible to identify the trend without the effect of seasonality.

The chart below shows the three-year trend of the fat component in the Belgium milk, while the table summarizes the average monthly prices of Butter.

Updates are detected twice a day. Last Update: December 2nd, 2022, h: 00.00

Find out the monthly milkfat supply of the European Union and in the largest European milk Producers: Germany, France, Netherlands, Poland, Ireland

€/ton
2017 2018 2019 2020 2021 2022 % on prev. month % on 2021
January 4.254 4.269 4.352 3.648 3.418 5.706 +4,51% +66,96%
February 4.110 4.409 4.377 3.601 3.573 5.939 +4,08% +66,21%
March 4.075 4.679 4.196 3.489 3.870 6.219 +4,72% +60,70%
April 4.224 5.021 4.165 3.031 4.000 6.833 +9,87% +70,84%
May 4.607 5.600 4.130 2.902 4.091 6.976 +2,09% +70,55%
June 5.107 5.826 3.965 3.165 4.096 7.241 +3,79% +76,77%
July 5.720 5.621 3.812 3.333 3.970 7.189 -0,72% +81,07%
August 6.102 5.484 3.586 3.411 3.954 7.145 -0,60% +80,70%
September 6.482 5.402 3.621 3.479 4.077 7.221 +1,05% +77,11%
October 6.031 4.889 3.616 3.457 4.549 7.043 -2,46% +54,81%
November 5.115 4.612 3.633 3.478 5.099 6.586 -6,49% +29,15%
December 4.779 4.414 3.651 3.388 5.460
Jan - Nov 5.074 5.091 3.949 3.359 4.058 6.736
Change (1) - +0,35% -22,44% -14,93% +20,81% +65,97%
Jan - Dec 5.046 5.026 3.920 3.362 4.166
Change (1) - -0,39% -22,00% -14,25% +23,94%
Source: European Commission (Milk Market Observatory)
The average monthly price is calculated on the weekly quotes.
1) change from the same period of previous year
  = min price
= max price
€/ton
2007 2012 2017 2018 2019 2020 2021 2022 % on prev. month % on 2021
January 2.494 3.490 4.275 4.135 4.475 3.631 3.389 5.845 +4,73% +72,48%
February 2.495 3.312 4.063 4.669 4.319 3.595 3.641 5.919 +1,26% +62,55%
March 2.600 3.078 4.230 4.844 4.131 3.500 4.055 6.487 +9,60% +59,98%
April 2.768 2.681 4.413 5.438 4.175 2.790 4.019 7.173 +10,57% +78,48%
May 2.977 2.546 4.980 5.990 4.094 2.881 3.963 7.068 -1,46% +78,36%
June 3.419 2.681 5.863 6.069 3.863 3.181 3.988 7.196 +1,82% +80,44%
July 3.994 2.725 6.213 5.550 3.700 3.420 3.830 6.961 -3,26% +81,76%
August 4.326 2.902 6.660 5.655 3.556 3.425 3.929 6.931 -0,43% +76,42%
September 4.486 3.250 6.906 5.513 3.631 3.490 4.160 7.035 +1,50% +69,11%
October 4.343 3.345 6.141 4.863 3.675 3.469 4.844 6.864 -2,43% +41,72%
November 3.850 3.350 5.050 4.488 3.633 3.431 5.325 6.166 -10,17% +15,79%
December 3.275 3.350 4.443 4.417 3.633 3.344 5.581
Jan - Nov 3.441 3.032 5.341 5.198 3.933 3.339 4.101 6.695
Change (1) +14,41% -11,89% +76,15% -2,69% -24,33% -15,09% +22,82% +63,23%
Jan - Dec 3.428 3.051 5.287 5.152 3.915 3.340 4.218
Change (1) +13,94% -11,00% +73,31% -2,57% -24,01% -14,69% +26,28%
Butter-und Käse-börse e.V. Kempten
The average monthly price is calculated on the weekly quotes.
1) change from the same period of previous year , except for years 2007, 2012, 2017, where the change is from the same period 5 years ago
  = min price
= max price