What is the price of milk & cream per kilogram/pound in Australia today?
The retail price range for Australia milk & cream is between US$ 0.97 and US$ 4.85 per kilogram or between US$ 0.44 and US$ 2.20 per pound(lb). Click here to see today's exact prices of milk & cream in Australia
The retail price range in Australian Dollar for milk & cream is between AUD 1.46 and AUD 7.30 per kilogram or between AUD 0.66 and AUD 3.31 per pound(lb) in Canberra and Melbourne.
Wholesale prices
In 2024, the approximate wholesale price range for Australia milk & cream is between US$ 0.68 and US$ 3.40 per kilogram or between US$ 0.31 and US$ 1.54 per pound(lb).
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Australia Milk & Cream Export Prices - Historical, Trends and Prediction
The export price per kilogram of Milk & Cream from Australia has seen a steady decline over the last five years. In 2017, the export price was 1.94 US $ per kg, and in 2021 it was 1.99 US $ per kg. The lowest price was recorded in 2015, when it was 2.02 US $ per kg. The highest price was recorded in 2013, when it was 3.30 US $ per kg. Based on the current trend, it is predicted that the export price of Milk & Cream from Australia in 2023 will be around 2.17 US $ per kg, and in 2024 it will be around 2.04 US $ per kg.The milk & cream exports from Australia are categorised as:
- Milk and cream in solid forms, of a fat content by weight of <= 1,5% (HS code 040210)
- Milk and cream in solid forms, of a fat content by weight of > 1,5%, unsweetened (HS code 040221)
- Milk and cream, concentrated and sweetened (excluding in solid forms) (HS code 040299)
- Milk and cream of a fat content by weight of > 10%, not concentrated nor containing added sugar or other sweetening matter (HS code 040150)
- Milk and cream of a fat content by weight of > 1% but <= 6%, not concentrated nor containing added sugar or other sweetening matter (HS code 040120)
- Milk and cream, concentrated but unsweetened (excluding in solid forms) (HS code 040291)
- Milk and cream of a fat content by weight of > 6% but <= 10%, not concentrated nor containing added sugar or other sweetening matter (HS code 040140)
- Milk and cream of a fat content by weight of > 6%, not concentrated nor containing added sugar or other sweetening matter (HS code 040130)
- Products consisting of natural milk constituents, whether or not sweetened, n.e.s. (HS code 040490)
- Milk and cream in solid forms, of a fat content by weight of > 1,5%, sweetened (HS code 040229)
- Milk and cream of a fat content by weight of <= 1%, not concentrated nor containing added sugar or other sweetening matter (HS code 040110)
Australia Milk & Cream Import Prices - Historical, Trends and Prediction
The import price per kilogram of Milk & Cream into Australia over the last five years has seen a steady decline. In 2012, the price was 2.87 US dollars per kg, and by 2016, it had dropped to 1.85 US dollars per kg. In 2017, the price rose slightly to 1.94 US dollars per kg, before dropping again to 1.85 US dollars per kg in 2019. The price then rose to 1.90 US dollars per kg in 2020, before increasing again to 1.99 US dollars per kg in 2021. The most recent data shows that the import price per kilogram of Milk & Cream into Australia is 2.31 US dollars per kg in 2022. Based on this trend, it is predicted that the import price per kilogram of Milk & Cream into Australia will be 2.44 US dollars per kg in 2023 and 2.58 US dollars per kg in 2024.Export values for Australia milk & cream
The total values in export for milk & cream in Australia were US$ 854,385, US$ 915,497, US$ 912,629 and US$ 892,538 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Australia: Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea, Black Tea & Yerba mate.
See prices of milk & cream in other countries across Oceania: Fiji milk & cream, French Polynesia milk & cream, Guam milk & cream, Micronesia milk & cream, New Caledonia milk & cream, Papua New Guinea milk & cream, Samoa milk & cream, Solomon Islands milk & cream, Tonga milk & cream & Vanuatu milk & cream.
Australia milk & cream - Production, Exports, Imports, Seasons and HS Codes
The volume of milk & cream shipped by Australia in 2020 was 500,935 metric tons. In 2019 Australia exported 482,501 tonnes of milk & cream. Across 2019 alone, the demand for Australia milk & cream (processed category) has gone up, recording a change of 1.041 pc compared to the year 2018. Between 2017 and 2019, milk & cream's exports increased by 2.39% netting the country US$892.54m for the year 2019. Australia's milk & cream exports are categorised as:
- Milk and cream in solid forms, of a fat content by weight of > 1,5%, sweetened (HS code 040229)
- Products consisting of natural milk constituents, whether or not sweetened, n.e.s. (HS code 040490)
- Milk and cream in solid forms, of a fat content by weight of <= 1,5% (HS code 040210)
- Milk and cream in solid forms, of a fat content by weight of > 1,5%, unsweetened (HS code 040221)
- Milk and cream of a fat content by weight of > 10%, not concentrated nor containing added sugar or other sweetening matter (HS code 040150)
- Milk and cream, concentrated and sweetened (excluding in solid forms) (HS code 040299)
- Milk and cream, concentrated but unsweetened (excluding in solid forms) (HS code 040291)
- Milk and cream of a fat content by weight of <= 1%, not concentrated nor containing added sugar or other sweetening matter (HS code 040110)
- Milk and cream of a fat content by weight of > 6% but <= 10%, not concentrated nor containing added sugar or other sweetening matter (HS code 040140)
- Milk and cream of a fat content by weight of > 6%, not concentrated nor containing added sugar or other sweetening matter (HS code 040130)
- Milk and cream of a fat content by weight of > 1% but <= 6%, not concentrated nor containing added sugar or other sweetening matter (HS code 040120)
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Australia milk & cream export values
In 2019, Australia shipped milk & cream valued at 892.54m USD, a drop of -2.20% from 2018's total milk & cream export of 912.629m USD. The annual change in value of Australia milk & cream between 2017 to 2018 was -0.31327246%.
The annual/yearly change in the amount of Australia's milk & cream exports between 2017 and 2019 was 2.39% in comparison to a variation of 1.041% in the period between 2018 and 2019.
Export markets for Australia milk & cream ( in '000$ )
Australia's top destinations for milk & cream are New Zealand, China, Cambodia, Kuwait and Vietnam.
Australia ordered 63,912 tonnes of milk & cream in 2019.