What is the price of lactose per kilogram/pound in United Kingdom (UK) today?
The retail price range for United Kingdom (UK) lactose is between US$ 0.70 and US$ 0.72 per kilogram or between US$ 0.32 and US$ 0.33 per pound(lb). Click here to see today's exact prices of lactose in United Kingdom (UK)
The retail price range in British pound sterling for lactose is between GBP 0.56 and GBP 0.58 per kilogram or between GBP 0.26 and GBP 0.26 per pound(lb) in London and Birmingham.
Wholesale prices
In 2024, the approximate wholesale price range for United Kingdom (UK) lactose is between US$ 0.49 and US$ 0.51 per kilogram or between US$ 0.22 and US$ 0.23 per pound(lb).
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United Kingdom (UK) Lactose Export Prices - Historical, Trends and Prediction
The export price per kilogram of Lactose from the United Kingdom over the last five years has seen a steady decline. In 2016, the price was 0.68 US$ per kg, followed by 0.75 US$ per kg in 2018 and 0.73 US$ per kg in 2019. The lowest price was recorded in 2020 at 0.97 US$ per kg. This year, the price has increased to 1.16 US$ per kg. Looking ahead, we predict that the export price of Lactose from the UK will remain around 0.97 US$ per kg in 2023 and 0.98 US$ per kg in 2024.The exports of lactose from United Kingdom (UK) 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)
United Kingdom (UK) Lactose Import Prices - Historical, Trends and Prediction
Export values for United Kingdom (UK) lactose
The total values in export for lactose in United Kingdom (UK) were US$ 16,320, US$ 16,846, US$ 14,263 and US$ 10,167 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in United Kingdom (UK): Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of lactose in other countries across Europe: Georgia lactose, Albania lactose, Belarus lactose, Bosnia and Herzegovina lactose, Bulgaria lactose, Croatia lactose, Czech Republic lactose, Estonia lactose, Greece lactose & Hungary lactose.
United Kingdom (UK) lactose - Production, Exports, Imports, Seasons and HS Codes
The amount of lactose exported by United Kingdom (UK) in 2020 was 22,239 metric tonnes. In 2019 United Kingdom (UK) sold 13,914 tonnes of lactose. For the year 2019 alone, the demand for United Kingdom (UK) lactose (processed category) has gone down, changing by -26.761 % compared to the year 2018. Between 2017 and 2019, lactose's exports reduced by -20.55% bringing the country US$10.17m for the year 2019. United Kingdom (UK)'s lactose exports are categorised as:
- Lactose in solid form and lactose syrup, not containing added flavouring or colouring matter, containing by weight < 99% lactose, expressed as anhydrous lactose, calculated on the dry matter (HS code 170219)
- Lactose in solid form and lactose syrup, not containing added flavouring or colouring matter, containing by weight >= 99% lactose, expressed as anhydrous lactose, calculated on the dry matter (HS code 170211)
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United Kingdom (UK) lactose export values
In 2019, United Kingdom (UK) sold lactose costing 10.17m USD, a contraction of -28.70% from 2018's total lactose export of 14.263m USD. The annual reduction in value of United Kingdom (UK) lactose between 2017 to 2018 was -15.333%.
The yearly variation in the amount of United Kingdom (UK)'s lactose exports between 2017 and 2019 was -20.55 pc when compared to a variation of -26.761% in the growth rate between 2018 and 2019.
United Kingdom (UK)'s stake of the world's total lactose's exports in 2019 was 3.5 per cent. The country is ranked position 9 in world exports of lactose.
Export markets for United Kingdom (UK) lactose ( in '000$ )
United Kingdom (UK)'s top export markets for lactose are the Netherlands, Ireland, Belgium, South Africa and Spain.
Import/Export Trends
United Kingdom (UK) is a net exporter of lactose. The annual growth of United Kingdom (UK) lactose in value between 2015 to 2019 was 9%, per year, while annual growth in quantity for the same period was 11%, per annum.
United Kingdom (UK) procured 17,559 tonnes of lactose in 2019.