What is the price of whey per kilogram/pound in New Zealand today?
The retail price range for New Zealand whey is between US$ 21.30 and US$ 46.49 per kilogram or between US$ 9.66 and US$ 21.08 per pound(lb). Click here to see today's exact prices of whey in New Zealand
The retail price range in New Zealand Dollar for whey is between NZD 33.89 and NZD 73.96 per kilogram or between NZD 15.37 and NZD 33.54 per pound(lb) in Wellington and Auckland.
Wholesale prices
In 2024, the approximate wholesale price range for New Zealand whey is between US$ 14.91 and US$ 32.54 per kilogram or between US$ 6.76 and US$ 14.76 per pound(lb).
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New Zealand Whey Export Prices - Historical, Trends and Prediction
The export price per kilogram of Whey from New Zealand over the last five years has seen a steady decline. In 2011, the price was 7.16 US dollars per kg, dropping to 6.12 US dollars per kg in 2012. This trend continued until 2015, when the price dropped to 2.12 US dollars per kg. In 2016, the price further decreased to 1.55 US dollars per kg, and then rose slightly to 2.02 US dollars per kg in 2017. The price then dropped again to 1.71 US dollars per kg in 2018, before rising to 2.01 US dollars per kg in 2019. In 2020, the price dropped to 1.87 US dollars per kg, before increasing to 2.42 US dollars per kg in 2021. The latest data shows that the export price per kilogram of Whey from New Zealand is 3.29 US dollars per kg in 2022. Based on this trend, it is predicted that the export price per kilogram of Whey from New Zealand will be 3.14 US dollars per kg in 2023 and 3.00 US dollars per kg in 2024.The whey exports from New Zealand are classified as:
- Whey and modified whey, whether or not concentrated or containing added sugar or other sweetening matter (HS code 040410)
New Zealand Whey Import Prices - Historical, Trends and Prediction
The import price per kilogram of Whey into New Zealand over the last five years has been relatively stable. In 2016, the price was $1.55, followed by $2.02 in 2017, $1.71 in 2018, $2.01 in 2019 and $1.87 in 2020. The price has seen a slight increase in 2021, with the price per kilogram of Whey being $2.42. This year, the price has risen further to $3.29. Based on this trend, it is likely that the price of Whey per kilogram in New Zealand will continue to increase in the coming years. We can predict that the price of Whey per kilogram in 2023 will be around $3.50 and in 2024 it will be around $3.75.Export values for New Zealand whey
The total values in export for whey in New Zealand were US$ 25,661, US$ 34,979, US$ 26,772 and US$ 26,156 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, Butter, Cheese, Natural Honey, Coffee, Green Tea, Black Tea & Yerba mate.
See prices of whey in other countries across Oceania: Fiji whey, French Polynesia whey, Guam whey, Micronesia whey, New Caledonia whey, Papua New Guinea whey, Samoa whey, Solomon Islands whey, Tonga whey & Vanuatu whey.
New Zealand whey - Production, Exports, Imports, Seasons and HS Codes
The amount of whey exported by New Zealand in 2020 was 14,909 tons. In 2019 New Zealand exported 13,010 tonnes of whey. For 2019 alone, the market for New Zealand whey (processed category) has decreased, changing by -17.107 % compared to the year 2018. Between 2017 and 2019, whey's exports went down by -25.01% earning New Zealand US$26.16m for the year 2019. New Zealand's whey exports are classified as:
- Whey and modified whey, whether or not concentrated or containing added sugar or other sweetening matter (HS code 040410)
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New Zealand whey export values
In 2019, New Zealand sold whey with a value of 26.16m USD, a decrease of -2.29% from 2018's total whey export of 26.772m USD. The annual reduction in value of New Zealand whey between 2017 to 2018 was -23.463%.
The annual/yearly change in the amount of New Zealand's whey exports between 2017 and 2019 was -25.01 percent when compared to a variation of -17.107% in the growth rate between 2018 and 2019.
New Zealand's stake of the world's total whey's exports in 2019 was less than 1%. New Zealand is ranked position 16 in world exports of whey.
Export markets for New Zealand whey ( in '000$ )
New Zealand's leading export markets for whey are Malaysia, Singapore, China, Indonesia and US.
Import/Export Trends
New Zealand is a net exporter of whey. The annual growth of New Zealand whey in value between 2015 to 2019 was -5%, per year, while annual growth in quantity through the same period was -5%, per annum.
New Zealand procured 21,495 tonnes of whey in 2019.