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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
BR= Brazil
CA= Canada
CN= China
CO= Colombia
GT= Guatemala
JP= Japan
KR= Korea, South
MX= Mexico
NZ= New Zealand
NO= Norway
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
JP= Japan
KR= Korea, South
MX= Mexico
NZ= New Zealand
NO= Norway
SA= Saudi Arabia
SG= Singapore
ZA= South Africa
LK= Sri Lanka
CH= Switzerland
TH= Thailand
TR= Turkey
UA= Ukraine
GB= United Kingdom
US= United States
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
GT= Guatemala
JP= Japan
KR= Korea, South
MX= Mexico
NZ= New Zealand
NO= Norway
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
 Butter
Exporters considered:

EU-27= EU-27
AR= Argentina
AU= Australia
BR= Brazil
CA= Canada
CL= Chile
CN= China
CO= Colombia
GT= Guatemala
JP= Japan
KR= Korea, South
MX= Mexico
NZ= New Zealand
NO= Norway
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
AR= Argentina
AU= Australia
BR= Brazil
CA= Canada
CL= Chile
CN= China
CO= Colombia
GT= Guatemala
JP= Japan
KR= Korea, South
MX= Mexico
NZ= New Zealand
NO= Norway
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
HK= Hong Kong
RS= Serbia
 WMP
Exporters considered:

EU-27= EU-27
AR= Argentina
AU= Australia
BR= Brazil
CA= Canada
CL= Chile
CN= China
CO= Colombia
GT= Guatemala
JP= Japan
KR= Korea, South
MX= Mexico
NP= Nepal
NZ= New Zealand
NO= Norway
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
AR= Argentina
AU= Australia
BR= Brazil
CA= Canada
CL= Chile
CN= China
CO= Colombia
GT= Guatemala
JP= Japan
KR= Korea, South
MX= Mexico
NP= Nepal
NZ= New Zealand
NO= Norway
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
GT= Guatemala
JP= Japan
KR= Korea, South
MX= Mexico
NZ= New Zealand
NO= Norway
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
GT= Guatemala
JP= Japan
KR= Korea, South
MX= Mexico
NZ= New Zealand
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
UZ= Uzbekistan
HK= Hong Kong
RS= Serbia
 FFMP
Exporters considered:

EU-27= EU-27
AR= Argentina
AU= Australia
BR= Brazil
CA= Canada
CL= Chile
CN= China
CO= Colombia
GT= Guatemala
JP= Japan
KR= Korea, South
MX= Mexico
NZ= New Zealand
NO= Norway
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-Feb
2014		 Jan-Feb
2015		 Jan-Feb
2016		 Jan-Feb
2017		 Jan-Feb
2018		 Jan-Feb
2019		 Jan-Feb
2020		 Jan-Feb
2021		 Jan-Feb
2022		 Jan-Feb
2023		 Jan-Feb
2024
Average price of oil (USD / bbl) 108,57 53,06 31,93 54,77 67,31 60,89 60,40 57,66 91,40 82,42 81,40
% change* - -51,1% -39,8% +71,5% +22,9% -9,5% -0,8% -4,5% +58,5% -9,8% -1,2%
Average price of WMP Oceania (USD / Ton) 5.130 2.700 2.067 3.222 3.019 2.828 3.105 3.416 4.144 3.228 3.316
Change %* - -47,4% -23,4% +55,9% -6,3% -6,3% +9,8% +10,0% +21,3% -22,1% +2,7%
Average exports price to OPEC (USD / Ton) 4.323 3.167 2.815 2.971 3.151 3.008 3.074 3.180 3.643 3.859 3.513
Change %* - -26,7% -11,1% +5,5% +6,1% -4,5% +2,2% +3,5% +14,6% +5,9% -9,0%
Total exports to OPEC ('000 Ton) 356 341 327 340 378 306 364 319 296 297 365
Change %* - -4,1% -4,2% +3,9% +11,1% -18,9% +19,0% -12,5% -7,2% +0,4% +22,9%
* 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 9 7                     16 +25,9%
Whey powder 5 6                     11 +31,0%
FFMP 29 29                     57 +9,0%
Cheese 18 17                     34 +3,9%
WMP 57 65                     122 +59,4%
SMP 31 37                     68 +56,0%
Liquid milk 3 3                     6 -53,0%
Condensed milk 12 11                     23 -23,7%
Yogurt 3 2                     4 -20,1%
Cream 3 3                     6 +34,6%
Infant milk formula 8 9                     18 -2,5%
Monthly total 177 188                     365 +22,9%
* Change from the same period of previous year.

Source Export: GTIS