What is the price of lactose per kilogram/pound in New Zealand today?
The retail price range for New Zealand lactose is between US$ 10.20 and US$ 18.88 per kilogram or between US$ 4.62 and US$ 8.56 per pound(lb). Click here to see today's exact prices of lactose in New Zealand
The retail price range in New Zealand Dollar for lactose is between NZD 16.22 and NZD 30.04 per kilogram or between NZD 7.36 and NZD 13.62 per pound(lb) in Wellington and Auckland.
Wholesale prices
In 2024, the approximate wholesale price range for New Zealand lactose is between US$ 7.14 and US$ 13.22 per kilogram or between US$ 3.24 and US$ 5.99 per pound(lb).
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New Zealand Lactose Export Prices - Historical, Trends and Prediction
The export price per kilogram of Lactose from New Zealand over the last five years has seen a steady decline. In 2021, the export price was 1.82 US $ per kg, which is the highest in the last five years. In 2020, the export price was 1.52 US $ per kg, the lowest in the last five years. The export price in 2019 was 1.61 US $ per kg, in 2018 it was 1.56 US $ per kg, and in 2017 it was 1.73 US $ per kg. Based on this trend, it is predicted that the export price of Lactose from New Zealand in 2023 will be around 1.50 US $ per kg and in 2024 it will be around 1.45 US $ per kg.The lactose exports from New Zealand 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)
New Zealand Lactose Import Prices - Historical, Trends and Prediction
The import price per kilogram of Lactose into New Zealand has seen a steady decline over the last five years. In 2016, the price was $1.54, and in 2020, it had dropped to $1.52. This represents a decrease of 1.3%. The lowest price was recorded in 2015, when the price was $1.59. Since then, the price has fluctuated, with the highest price of $1.82 recorded in 2021. Based on this data, it is predicted that the import price per kilogram of Lactose into New Zealand in 2023 will be $1.77 and in 2024 will be $1.71.Export values for New Zealand lactose
The total values in export for lactose in New Zealand were US$ 40,516, US$ 38,674, US$ 36,515 and US$ 36,811 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in New Zealand: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of lactose in other countries across Oceania: Fiji lactose, French Polynesia lactose, Guam lactose, Micronesia lactose, New Caledonia lactose, Papua New Guinea lactose, Samoa lactose, Solomon Islands lactose, Tonga lactose & Vanuatu lactose.
New Zealand lactose - Production, Exports, Imports, Seasons and HS Codes
The quantity of lactose exported by New Zealand in 2020 was 26,592 metric tons. In 2019 New Zealand shipped 22,863 tonnes of lactose. In 2019 alone, the market for New Zealand lactose (processed category) has shrunk, flactuating by -2.157 % compared to the year 2018. Between 2017 and 2019, lactose's exports grew by 2.26% bringing the nation US$36.81m for the year 2019. New Zealand's lactose exports are classified as:
- Lactose in solid form and lactose syrup, not containing added flavouring or colouring matter, containing by weight < 99% lactose, expressed as anhydrous lactose, calculated on the dry matter (HS code 170219)
- Lactose in solid form and lactose syrup, not containing added flavouring or colouring matter, containing by weight >= 99% lactose, expressed as anhydrous lactose, calculated on the dry matter (HS code 170211)
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New Zealand lactose export values
In 2019, New Zealand supplied lactose valued at 36.81m USD, a growth of 0.81% from 2018's total lactose export of 36.515m USD. The yearly increase in value of New Zealand lactose between 2017 to 2018 was -5.583 pc.
The annual/yearly variation in the amount of New Zealand's lactose exports between 2017 and 2019 was 2.26 pc when compared to a variation of -2.157% in the growth rate between 2018 and 2019.
New Zealand's stake of the world's total lactose's exports in 2019 was less than 1%. New Zealand holds position 21 in world exports of lactose.
Export markets for New Zealand lactose ( in '000$ )
New Zealand's best performing export markets for lactose are Japan, China, India, Australia and Brazil.
Import/Export Trends
New Zealand is a net importer of lactose. The annual growth of New Zealand lactose in value between 2015 to 2019 was 2%, per year, while annual growth in quantity was 2%, per annum.
New Zealand ordered 120,393 tonnes of lactose in 2019.