New Zealand - Milk - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMilk Price in New Zealand - 2023
Contents:
- Milk Price in New Zealand (FOB) - 2022
- Milk Price in New Zealand (CIF) - 2022
- Milk Exports in New Zealand
- Milk Imports in New Zealand
Milk Price in New Zealand (FOB) - 2022
In 2022, the average milk export price amounted to $1,100 per ton, growing by 7.9% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2021 an increase of 16% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($1,279 per ton), while the average price for exports to Fiji ($829 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.
Milk Price in New Zealand (CIF) - 2022
In 2022, the average milk import price amounted to $1,092 per ton, falling by -19.2% against the previous year. Overall, the import price recorded a abrupt shrinkage. The growth pace was the most rapid in 2021 an increase of 45% against the previous year. Over the period under review, average import prices reached the maximum at $1,847 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Fiji ($1,320 per ton), while the price for Australia ($1,070 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+6.9%), while the prices for the other major suppliers experienced a decline.
Milk Exports in New Zealand
In 2022, exports of milk from New Zealand was estimated at 271K tons, remaining relatively unchanged against the previous year's figure. The total export volume increased at an average annual rate of +1.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 11%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, milk exports rose remarkably to $298M in 2022. The total export value increased at an average annual rate of +8.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 29% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
Export of Milk in New Zealand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 162 | 150 | 212 | 228 | 12.1% |
Philippines | 18.6 | 14.8 | 13.2 | 17.8 | -1.5% |
Taiwan (Chinese) | 7.7 | 8.1 | 12.3 | 16.1 | 27.9% |
Malaysia | 5.5 | 5.7 | 7.7 | 9.4 | 19.6% |
Fiji | 4.3 | 3.1 | 4.4 | 6.1 | 12.4% |
Others | 35.2 | 30.5 | 25.2 | 21.1 | -15.7% |
Total | 233 | 213 | 274 | 298 | 8.5% |
Top Export Markets for Milk from New Zealand in 2022:
- China (199.7K tons)
- Philippines (20.4K tons)
- Taiwan (Chinese) (14.4K tons)
- Malaysia (8.4K tons)
- Fiji (7.3K tons)
Milk Imports in New Zealand
In 2022, the amount of milk imported into New Zealand skyrocketed to 1.4K tons, with an increase of 95% against 2021. Over the period under review, imports, however, saw a dramatic slump.
In value terms, milk imports soared to $1.5M in 2022. In general, imports, however, faced a deep slump.
Import of Milk in New Zealand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | 1,083 | 1,896 | 219 | 1,342 | 7.4% |
Fiji | N/A | N/A | 7.3 | 62.0 | 749.3% |
India | 15.4 | 20.7 | 5.6 | 48.0 | 46.1% |
United Arab Emirates | 1,699 | 1,130 | 706 | N/A | -35.5% |
Others | 39.5 | 37.1 | 5.6 | 31.9 | -6.9% |
Total | 2,836 | 3,084 | 944 | 1,484 | -19.4% |
Top Suppliers of Milk to New Zealand in 2022:
- Australia (1254.6 tons)
- Fiji (47.0 tons)
- India (43.8 tons)
This report provides an in-depth analysis of the milk market in New Zealand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 1130 - Camel milk
- FCL 882 - Cow milk, whole (fresh)
- FCL 1020 - Goat milk
- FCL 982 - Sheep milk
- FCL 951 - Buffalo milk
- FCL 888 - Skim Milk of Cows
Country coverage:
- New Zealand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in New Zealand
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals Slaughtered, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the milk market in New Zealand.
This report provides an in-depth analysis of the skim milk market in New Zealand.
This report provides an in-depth analysis of the cream fresh market in New Zealand.
This report provides an in-depth analysis of the whole fresh milk market in New Zealand.
This report provides an in-depth analysis of the global milk market.
This report provides an in-depth analysis of the global skim milk market.
This report provides an in-depth analysis of the global cream fresh market.
This report provides an in-depth analysis of the global whole fresh milk market.
This report provides an in-depth analysis of the cream market in New Zealand.
This report provides an in-depth analysis of the milk market in New Zealand.
Explore the top import markets for milk based on the data provided by the IndexBox platform. Discover the countries with the highest import values for milk in 2022.
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Global cream fresh imports amounted to X thousand tons in 2015, standing approx. at the previous year level.