What is the price of lactose per kilogram/pound in Thailand today?
The retail price range for Thailand lactose is between US$ 0.87 and US$ 1.45 per kilogram or between US$ 0.39 and US$ 0.66 per pound(lb). Click here to see today's exact prices of lactose in Thailand
The retail price range in Baht for lactose is between THB 29.84 and THB 49.73 per kilogram or between THB 13.53 and THB 22.55 per pound(lb) in Bangkok and Chiand Mai.
Wholesale prices
In 2024, the approximate wholesale price range for Thailand lactose is between US$ 0.61 and US$ 1.01 per kilogram or between US$ 0.28 and US$ 0.46 per pound(lb).
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Thailand Lactose Export Prices - Historical, Trends and Prediction
The export price of Lactose from Thailand over the last five years has been quite varied. In 2017, the price per kilogram was 1.75 US dollars, followed by a sharp increase to 2.94 US dollars in 2018. The price then dropped to 2.2 US dollars in 2020, before rising again to 2.04 US dollars in 2021. The most recent data shows that the export price of Lactose from Thailand is 2.50 US dollars per kilogram. Based on this trend, it is predicted that the export price of Lactose from Thailand in 2023 will be around 2.60 US dollars per kilogram, and in 2024 it will be around 2.70 US dollars per kilogram.The lactose exports from Thailand 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)
Thailand Lactose Import Prices - Historical, Trends and Prediction
The import price of Lactose into Thailand over the last five years has been quite volatile. In 2012, the price was 1.60 US$ per kg, which increased to 3.61 US$ per kg in 2013. However, the price dropped to 2.30 US$ per kg in 2014 and further decreased to 2.11 US$ per kg in 2015. In 2016, the price dropped to 1.13 US$ per kg, before increasing to 1.75 US$ per kg in 2017. The price then rose to 2.94 US$ per kg in 2018 and further increased to 3.96 US$ per kg in 2019. In 2020, the price dropped to 2.20 US$ per kg and further decreased to 2.04 US$ per kg in 2021. The price then increased to 2.50 US$ per kg in 2022. Based on this trend, it is predicted that the import price of Lactose into Thailand will be 2.63 US$ per kg in 2023 and 2.76 US$ per kg in 2024.Export values for Thailand lactose
The total values in export for lactose in Thailand were in US dollar thousand for the years in that order.
Prices of other produce in the Processed category in Thailand: 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.
Thailand lactose - Production, Exports, Imports, Seasons and HS Codes
The amount of lactose exported by Thailand in 2020 was 256 metric tonnes. In 2019 Thailand exported 134 tonnes of lactose. In 2019 alone, the demand for Thailand lactose (processed category) has remained constant, compared to the year 2018. For the years between 2017 and 2019 lactose exports were very few, netting Thailand very little foreign income. Thailand'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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Thailand lactose export values
For the period between the years 2011 and 2020, Thailand sold lactose worth US$ 0.
The yearly variation in the amount of Thailand's lactose exports for the period between 2017 and 2019 remained constant.
Thailand's share of the world's total lactose's exports in 2019 was less than 1%. Thailand is ranked position 34 in world exports of lactose.
Export markets for Thailand lactose ( in '000$ )
Thailand's top destinations for lactose are Hong Kong, Vietnam, Singapore, the Philippines and Myanmar.
Import/Export Trends
Thailand is a net importer of lactose. The annual growth of Thailand lactose in value between 2015 to 2019 was -5%, per annum, while annual growth in quantity through the same period was -7%, per annum.
Thailand ordered 20,002 tonnes of lactose in 2019.