What is the price of lactose per kilogram/pound in Indonesia today?
The retail price range for Indonesia lactose is between US$ 0.87 and US$ 1.45 per kilogram or between US$ 0.40 and US$ 0.66 per pound(lb). Click here to see today's exact prices of lactose in Indonesia
The retail price range in Rupiah for lactose is between IDR 14,521.50 and IDR 24,202.50 per kilogram or between IDR 6,585.71 and IDR 10,976.19 per pound(lb) in Jakarta and Surabaya.
Wholesale prices
In 2024, the approximate wholesale price range for Indonesia lactose is between US$ 0.61 and US$ 1.02 per kilogram or between US$ 0.28 and US$ 0.46 per pound(lb).
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Indonesia Lactose Export Prices - Historical, Trends and Prediction
The export price per kilogram of Lactose from Indonesia over the last five years has seen a steady decline. In 2017, the price was 0.97 US $ per kg, followed by 0.86 US $ per kg in 2018, 0.64 US $ per kg in 2019, 0.75 US $ per kg in 2020, and 0.44 US $ per kg in 2021. The lowest price was recorded in 2021, with a 0.44 US $ per kg. Based on the data, it is predicted that the export price of Lactose from Indonesia will remain steady in the next two years, with 0.52 US $ per kg in 2022 and 0.52 US $ per kg in 2023.The Indonesia lactose exports are classified 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)
Indonesia Lactose Import Prices - Historical, Trends and Prediction
The import price of Lactose into Indonesia has seen a steady decline over the past five years. In 2016, the price per kilogram was 1.29 US dollars, and this decreased to 0.97 US dollars in 2017. In 2018, the price dropped further to 0.86 US dollars, and in 2019, it decreased to 0.64 US dollars. The price then increased slightly to 0.75 US dollars in 2020, before dropping to 0.44 US dollars in 2021. The most recent data shows that the price per kilogram of Lactose into Indonesia is 0.52 US dollars. Based on this trend, it is predicted that the price of Lactose into Indonesia will be 0.41 US dollars in 2023 and 0.30 US dollars in 2024.Export values for Indonesia lactose
The total values in export for lactose in Indonesia were US$ 347, US$ 262, US$ 281 and US$ 374 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Indonesia: 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.
Indonesia lactose - Production, Exports, Imports, Seasons and HS Codes
In 2019 Indonesia sold 581 tonnes of lactose. In 2019 alone, the market for Indonesia lactose (processed category) has escalated, flactuating by 77.676 per cent compared to the year 2018. Between 2017 and 2019, lactose's exports went up by 114.39% netting the nation US$0.37m for the year 2019. Indonesia's lactose exports are categorised as:
- Lactose in solid form and lactose syrup, not containing added flavouring or colouring matter, containing by weight < 99% lactose, expressed as anhydrous lactose, calculated on the dry matter (HS code 170219)
- Lactose in solid form and lactose syrup, not containing added flavouring or colouring matter, containing by weight >= 99% lactose, expressed as anhydrous lactose, calculated on the dry matter (HS code 170211)
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Indonesia lactose export values
In 2019, Indonesia shipped lactose costing 0.37m USD, an increment of 31.67% from 2018's total lactose export of 0.281m USD. The annual growth in value of Indonesia lactose between 2017 to 2018 was 7.252 pc.
The annual variation in the amount of Indonesia's lactose exports between 2017 and 2019 was 114.39 percent in comparison to a variation of 77.676% in the period between 2018 and 2019.
Indonesia's share of the world's total lactose's exports in 2019 was less than 1%. Indonesia holds position 66 in world exports of lactose.
Export markets for Indonesia lactose ( in '000$ )
Indonesia's best performing export markets for lactose are China, Malaysia, Saudi Arabia, Brazil and South Korea.
Import/Export Trends
Indonesia is a net importer of lactose. The annual growth of Indonesia lactose in value between 2015 to 2019 was -42%, per year, while annual growth in quantity was -39%, per annum.
Indonesia imported 38,719 tonnes of lactose in 2019.