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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, 2023, 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

2018 2019 2020 2021 2022 2023 % on prev. month % on 2022
January 4.269 4.352 3.648 3.418 5.706 5.380 -10,05% -5,73%
February 4.409 4.377 3.601 3.573 5.939 4.964 -7,73% -16,43%
March 4.679 4.196 3.489 3.870 6.219 4.935 -0,57% -20,65%
April 5.021 4.165 3.031 4.000 6.833 4.700 -4,76% -31,22%
May 5.600 4.130 2.902 4.091 6.976 4.666 -0,74% -33,12%
June 5.826 3.965 3.165 4.096 7.241 4.730 +1,39% -34,67%
July 5.621 3.812 3.333 3.970 7.189 4.609 -2,57% -35,89%
August 5.484 3.586 3.411 3.954 7.145 4.518 -1,96% -36,77%
September 5.402 3.621 3.479 4.077 7.221 4.418 -2,22% -38,81%
October 4.889 3.616 3.457 4.549 7.043 4.712 +6,66% -33,09%
November 4.612 3.633 3.478 5.099 6.586 5.148 +9,24% -21,84%
December 4.414 3.651 3.388 5.460 5.981
Jan - Nov 5.091 3.949 3.359 4.058 6.736 4.802
Change (1) - -22,44% -14,93% +20,81% +65,97% -28,70%
Jan - Dec 5.026 3.920 3.362 4.166 6.678
Change (1) - -22,00% -14,25% +23,94% +60,28%
Source: European Commission (Milk Market Observatory)
The monthly, cumulative and annual prices are arithmetic averages calculated on the basis of the weekly prices.
1) change from the same period of previous year
  min price
max price

€/ton

2008 2013 2018 2019 2020 2021 2022 2023 % on prev. month % on 2022
January 2.910 3.371 4.135 4.475 3.631 3.389 5.845 4.748 -11,65% -18,78%
February 2.971 3.350 4.669 4.319 3.595 3.641 5.919 4.428 -6,74% -25,20%
March 2.800 3.413 4.844 4.131 3.500 4.055 6.487 4.743 +7,13% -26,88%
April 2.696 3.930 5.438 4.175 2.790 4.019 7.173 4.621 -2,57% -35,57%
May 2.650 4.069 5.990 4.094 2.881 3.963 7.068 4.579 -0,91% -35,21%
June 2.746 4.119 6.069 3.863 3.181 3.988 7.196 4.673 +2,04% -35,07%
July 2.958 4.200 5.550 3.700 3.420 3.830 6.961 4.463 -4,49% -35,90%
August 2.811 4.238 5.655 3.556 3.425 3.929 6.931 4.400 -1,40% -36,52%
September 2.611 4.294 5.513 3.631 3.490 4.160 7.035 4.551 +3,44% -35,31%
October 2.419 4.181 4.863 3.675 3.469 4.844 6.864 4.759 +4,56% -30,67%
November 2.275 4.119 4.488 3.633 3.431 5.325 6.166 5.365 +12,74% -12,99%
December 2.210 4.108 4.417 3.633 3.344 5.581 5.373
Jan - Nov 2.712 3.940 5.198 3.933 3.339 4.101 6.695 4.660
Change (1) -11,47% +45,30% +31,91% -24,33% -15,09% +22,82% +63,23% -30,39%
Jan - Dec 2.673 3.951 5.152 3.915 3.340 4.218 6.617
Change (1) -12,85% +47,82% +30,40% -24,01% -14,69% +26,28% +56,90%
Butter-und Käse-börse e.V. Kempten
The monthly, cumulative and annual prices are arithmetic averages calculated on the basis of the weekly prices.
1) change from the same period of previous year , except for years 2008, 2013, 2018, where the change is from the same period 5 years ago
  min price
max price
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