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World: WPC and SMP Prices

This page compares prices recorded for Skimmed Milk Powder (SMP) in Germany, Oceania and the US with prices recorded for Whey Protein Concentrate Powder (WPC containing 34% dried protein) in the US (Central and West) over a given time period.

WPC (Whey Protein Concentrate) powder comes from concentration of the whey protein content via a membrane separation process (Ultrafiltration - UF).

We have highlighted the comparison between SMP and WPC because Whey Protein Concentrate Powder (WPC-34%) is frequently used in both the food (e.g. ice-cream) and livestock (e.g. calf feed) sector to partially replace skimmed milk powder (SMP).

Comparison of the respective prices can offer a key interpretation of the trends reported. We should also remember that price trends for Whey Protein Concentrate Powder (WPC) are influenced by the skimmed milk powder (SMP) market prices.

The largest WPC-producing countries in Europe are France, Germany and Holland.
 
Month 2021 2022 2023 ± on prev.
month. 		± % from
2022
January 2.298 3.490 2.709 -5,40% -22,39%
February 2.398 3.701 2.500 -7,71% -32,46%
March 2.478 4.006  
April 2.535 4.299  
May 2.603 4.188  
June 2.613 4.150  
July 2.521 4.025  
August 2.518 3.839  
September 2.676 3.811  
October 2.909 3.641  
November 3.160 3.056  
December 3.320 2.863  
Jan-Feb 2.348 3.596 2.604
Change¹ % -10,14% +53,17% -27,57%
Average 2.664 3.774
Change¹ % +19,28% +41,65%
Last Update:01-02-2023
1) change from the same period of previous year
The monthly, cumulative and annual prices are arithmetic averages calculated on the basis of the weekly prices
*: Prices VAT excluded FOB ex-works
Consult weekly wholesale prices
Source: ZMP; since May 6,2009 "Süddeutsche Butter - und Käsebörse eV, Kempten"
  min price
  max price
 
Month 2021 2022 2023 ± on prev.
month. 		± % from
2022
January 2.622 3.413 2.739 -6,44% -19,75%
February 2.653 3.616 2.617 -4,43% -27,62%
March 2.822 4.131  
April 2.862 4.204  
May 2.890 3.947  
June 2.897 4.046  
July 2.735 3.986  
August 2.604 3.537  
September 2.637 3.595  
October 2.891 3.427  
November 3.161 2.919  
December 3.293 2.927  
Jan-Feb 2.638 3.514 2.678
Change¹ % -3,71% +33,23% -23,80%
Average 2.842 3.665
Change¹ % +15,78% +28,97%
Last Update:03-02-2023
1) change from the same period of previous year
The monthly, cumulative and annual prices are arithmetic averages calculated on the basis of the weekly prices
*: Consult fortnightly wholesale prices
Source: USDA AMS Dairy Markets News
  min price
  max price
 
 
Month 2021 2022 2023 ± on prev.
month. 		± % from
2022
January 1.739 2.796 3.440 -5,59% +23,06%
February 1.849 3.077 3.175 -7,71% +3,19%
March 1.930 3.420  
April 2.023 3.632  
May 2.059 3.790  
June 2.109 3.803  
July 2.153 3.956  
August 2.167 3.939  
September 2.140 4.021  
October 2.189 4.068  
November 2.344 3.906  
December 2.563 3.644  
Jan-Feb 1.794 2.936 3.307
Change¹ % -11,09% +63,65% +12,65%
Average 2.108 3.682
Change¹ % +15,86% +74,66%
Last Update:03-02-2023
1) change from the same period of previous year
The monthly, cumulative and annual prices are arithmetic averages calculated on the basis of the weekly prices
*: Consult weekly wholesale prices
Source: USDA AMS Dairy Market News
  min price
  max price
 
Month 2021 2022 2023 ± on prev.
month. 		± % from
2022
January 2.092 3.326 2.756 -7,86% -17,15%
February 2.077 3.573 2.449 -11,13% -31,46%
March 2.142 3.705  
April 2.206 3.717  
May 2.401 3.676  
June 2.373 3.843  
July 2.312 3.784  
August 2.345 3.395  
September 2.462 3.511  
October 2.721 3.460  
November 3.017 3.153  
December 3.103 2.991  
Jan-Feb 2.085 3.450 2.602
Change¹ % -15,75% +65,48% -24,56%
Average 2.442 3.510
Change¹ % +19,14% +43,73%
Last Update:03-02-2023
1) change from the same period of previous year
The monthly, cumulative and annual prices are arithmetic averages calculated on the basis of the weekly prices
*: Low Medium Heat (SMP) Mostly
Consult weekly wholesale prices
Source: USDA AMS Dairy Market News
  min price
  max price