What is the price of lactose per kilogram/pound in China today?
The retail price range for China lactose is between US$ 0.96 and US$ 3.37 per kilogram or between US$ 0.44 and US$ 1.53 per pound(lb). Click here to see today's exact prices of lactose in China
The retail price range in Yuan Renminbi for lactose is between CNY 6.75 and CNY 23.63 per kilogram or between CNY 3.06 and CNY 10.72 per pound(lb) in Beijing and Shanghai.
Wholesale prices
In 2024, the approximate wholesale price range for China lactose is between US$ 0.67 and US$ 2.36 per kilogram or between US$ 0.31 and US$ 1.07 per pound(lb).
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China Lactose Export Prices - Historical, Trends and Prediction
The export price per kilogram of Lactose from China over the last five years has seen a variety of changes. In 2017, the price was 6.51 US dollars per kilogram, before dropping to 3.00 US dollars per kilogram in 2018. The price then decreased further to 2.62 US dollars per kilogram in 2019, and then to 2.28 US dollars per kilogram in 2020. This year, 2021, the price has increased to 5.64 US dollars per kilogram. Looking ahead, it is predicted that the export price of Lactose from China will be 3.89 US dollars per kilogram in 2022, and for 2023 and 2024, the prices are expected to be 3.50 and 3.20 US dollars per kilogram respectively.The China lactose exports are categorised as:
- Lactose in solid form and lactose syrup, not containing added flavouring or colouring matter, containing by weight < 99% lactose, expressed as anhydrous lactose, calculated on the dry matter (HS code 170219)
- Lactose in solid form and lactose syrup, not containing added flavouring or colouring matter, containing by weight >= 99% lactose, expressed as anhydrous lactose, calculated on the dry matter (HS code 170211)
China Lactose Import Prices - Historical, Trends and Prediction
The import price per kilogram of Lactose into China over the last five years has been quite varied. In 2017, the price was 6.51 US dollars per kg, followed by a sharp drop to 3.00 US dollars per kg in 2018. The price then decreased further to 2.62 US dollars per kg in 2019 and 2.28 US dollars per kg in 2020. 2021 saw a significant increase to 5.64 US dollars per kg, before dropping back to 3.89 US dollars per kg in 2022. Based on this data, it is likely that the import price per kilogram of Lactose into China will remain relatively stable in the next two years. We predict that the price will be around 3.50 US dollars per kg in 2023 and 3.75 US dollars per kg in 2024.Export values for China lactose
The total values in export for lactose in China were US$ 2,645, US$ 2,938, US$ 3,311 and US$ 3,718 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in China: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of lactose in other countries across Asia: Kazakhstan lactose, Kyrgyzstan lactose, Tajikistan lactose, Turkmenistan lactose, Uzbekistan lactose, China lactose, Hong Kong lactose, Macao lactose, North Korea lactose & Mongolia lactose.
China lactose - Production, Exports, Imports, Seasons and HS Codes
In 2019 China shipped 1,418 tonnes of lactose. Through 2019 alone, the interest in China lactose (processed category) has surged, changing by 28.558 per cent compared to the year 2018. Between 2017 and 2019, lactose's exports grew by 214.41% earning the country US$3.72m for the year 2019. China's lactose exports are categorised as:
- Lactose in solid form and lactose syrup, not containing added flavouring or colouring matter, containing by weight >= 99% lactose, expressed as anhydrous lactose, calculated on the dry matter (HS code 170211)
- Lactose in solid form and lactose syrup, not containing added flavouring or colouring matter, containing by weight < 99% lactose, expressed as anhydrous lactose, calculated on the dry matter (HS code 170219)
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China lactose export values
In 2019, China supplied lactose with a value of 3.72m USD, an improvement of 12.35% from 2018's total lactose export of 3.311m USD. The annual increase in value of China lactose between 2017 to 2018 was 12.696 per cent.
The per year change in the amount of China's lactose exports between 2017 and 2019 was 214.41 percent when compared to a variation of 28.558% in the growth rate between 2018 and 2019.
China's share of the world's total lactose's exports in 2019 was less than 1%. The country is ranked position 50 in world exports of lactose.
Export markets for China lactose ( in '000$ )
China's leading export markets for lactose are France, Denmark, Switzerland, the Netherlands and Australia.
Import/Export Trends
China is a net importer of lactose. The annual growth of China lactose in value between 2015 to 2019 was 99%, per year, while annual growth in quantity for the same period was 88%, per annum.
China imported 92,856 tonnes of lactose in 2019.