Australia - Dairy Produce - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingDairy Produce Price in Australia - 2023
Contents:
- Dairy Produce Price in Australia (FOB) - 2022
- Dairy Produce Price in Australia (CIF) - 2022
- Dairy Produce Exports in Australia
- Dairy Produce Imports in Australia
Dairy Produce Price in Australia (FOB) - 2022
The average dairy produce export price stood at $2,912 per ton in 2022, picking up by 11% against the previous year. In general, the export price, however, recorded a slight shrinkage. The export price peaked at $3,609 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($4,515 per ton), while the average price for exports to Singapore ($1,868 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 Indonesia (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.
Dairy Produce Price in Australia (CIF) - 2022
In 2022, the average dairy produce import price amounted to $5,264 per ton, rising by 8.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The pace of growth was the most pronounced in 2017 when the average import price increased by 17% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($10,828 per ton), while the price for Spain ($3,529 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Dairy Produce Exports in Australia
In 2022, after three years of growth, there was significant decline in shipments abroad of dairy produce, when their volume decreased by -5.3% to 769K tons. The total export volume increased at an average annual rate of +5.7% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 23% against the previous year. As a result, the exports attained the peak of 812K tons, and then fell in the following year.
In value terms, dairy produce exports expanded sharply to $2.2B in 2022. The total export value increased at an average annual rate of +10.6% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 28% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
| Export of Dairy Produce in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 429 | 470 | 759 | 758 | 20.9% |
| Japan | 336 | 288 | 258 | 297 | -4.0% |
| Indonesia | 89.6 | 100 | 126 | 197 | 30.0% |
| Singapore | 116 | 117 | 137 | 127 | 3.1% |
| Malaysia | 97.7 | 125 | 134 | 122 | 7.7% |
| Thailand | 66.6 | 69.0 | 93.1 | 108 | 17.5% |
| Philippines | 51.5 | 64.4 | 89.0 | 85.0 | 18.2% |
| South Korea | 50.0 | 47.5 | 64.1 | 79.1 | 16.5% |
| United Arab Emirates | 27.8 | 17.2 | 37.5 | 74.6 | 39.0% |
| Vietnam | 41.9 | 43.7 | 55.5 | 67.4 | 17.2% |
| Taiwan (Chinese) | 68.4 | 66.2 | 67.5 | 53.9 | -7.6% |
| Hong Kong SAR | 69.0 | 53.3 | 62.3 | 43.6 | -14.2% |
| New Zealand | 41.5 | 45.0 | 35.0 | 41.1 | -0.3% |
| Others | 168 | 153 | 209 | 183 | 2.9% |
| Total | 1,652 | 1,660 | 2,128 | 2,238 | 10.6% |
Top Export Markets for Dairy Produce from Australia in 2022:
- China (296.9K tons)
- Singapore (68.2K tons)
- Japan (65.9K tons)
- Malaysia (49.9K tons)
- Indonesia (45.3K tons)
- Philippines (41.2K tons)
- Vietnam (28.8K tons)
- Thailand (25.0K tons)
- United Arab Emirates (20.2K tons)
- South Korea (18.5K tons)
- Hong Kong SAR (17.4K tons)
- Taiwan (Chinese) (17.3K tons)
- New Zealand (13.0K tons)
Dairy Produce Imports in Australia
Dairy produce imports into Australia rose markedly to 216K tons in 2022, picking up by 6.1% against the previous year. The total import volume increased at an average annual rate of +2.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 7.2% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, dairy produce imports rose rapidly to $1.1B in 2022. The total import value increased at an average annual rate of +7.7% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Dairy Produce in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 518 | 520 | 511 | 606 | 5.4% |
| United States | 89.1 | 115 | 121 | 156 | 20.5% |
| Italy | 50.3 | 47.3 | 58.2 | 62.6 | 7.6% |
| France | 34.7 | 36.4 | 43.2 | 55.3 | 16.8% |
| Germany | 26.6 | 30.3 | 33.7 | 40.0 | 14.6% |
| Netherlands | 37.7 | 40.7 | 38.4 | 35.6 | -1.9% |
| Denmark | 27.8 | 33.2 | 38.4 | 34.8 | 7.8% |
| Spain | 6.8 | 11.6 | 16.6 | 19.5 | 42.1% |
| Others | 119 | 151 | 129 | 128 | 2.5% |
| Total | 910 | 986 | 990 | 1,138 | 7.7% |
Top Suppliers of Dairy Produce to Australia in 2022:
- New Zealand (124.0K tons)
- United States (34.1K tons)
- Germany (7.5K tons)
- Netherlands (6.5K tons)
- Italy (6.5K tons)
- Spain (5.5K tons)
- France (5.1K tons)
- Denmark (3.9K tons)
This report provides an in-depth analysis of the dairy produce market in Australia. 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 888 - Skim Milk of Cows
- FCL 1130 - Camel milk
- FCL 882 - Cow milk, whole (fresh)
- FCL 1020 - Goat milk
- FCL 982 - Sheep milk
- FCL 951 - Buffalo milk
- FCL 897 - Dry Whole Cow Milk
- FCL 898 - Dry Skim Cow Milk
- FCL 889 - Whole Milk, Condensed
- FCL 894 - Whole Milk, Evaporated
- FCL 895 - Skim Milk, Evaporated
- FCL 896 - Skim Milk, Condensed
- FCL 891 - Yoghurt
- FCL 983 - Butter and Ghee of Sheep Milk
- FCL 1022 - Butter of Goat Milk
- FCL 952 - Butter of Buffalo Milk
- FCL 886 - Butter of Cow Milk
- FCL 887 - Ghee from Cow Milk
- FCL 953 - Ghee, from Buffalo Milk
- FCL 901 - Cheese from Whole Cow Milk
- FCL 904 - Cheese from Skimmed Cow Milk
- FCL 905 - Whey Cheese
- FCL 907 - Processed Cheese
- FCL 955 - Cheese of Buffalo Milk
- FCL 984 - Cheese of Sheep Milk
- FCL 1021 - Cheese of Goat Milk
- FCL 885 - Cream, Fresh
- FCL 893 - Buttermilk, Curdled Milk, Acidified Milk
- FCL 899 - Dry Buttermilk
- FCL 892 - Yoghurt, Concentrated or Unconcent
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- 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.
-
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
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
-
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
-
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
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
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 VOLUME AND VALUE
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
-
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
-
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
- 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
- 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
476
This report provides an in-depth analysis of the dairy produce market in Australia.
692
This report provides an in-depth analysis of the butter and ghee market in Australia.
1082
This report provides an in-depth analysis of the ghee market in Australia.
1125
This report provides an in-depth analysis of the butter market in Australia.
384
This report provides an in-depth analysis of the market for butter and dairy spreads in Australia.
437
This report provides an in-depth analysis of the dairy spread market in Australia.
920
This report provides an in-depth analysis of the global dairy produce market.
2066
This report provides an in-depth analysis of the global butter and ghee market.
2799
This report provides an in-depth analysis of the global ghee market.
3196
This report provides an in-depth analysis of the global butter market.
483
In September 2022, the butter and ghee price stood at $6,567 per ton (CIF, Australia), declining by -4% against the previous month.
841
In November 2022, the butter price stood at $5,416 per ton (CIF, Australia), dropping by -7.8% against the previous month.
198
Australia Dairy Spread Export Price in December 2022. In December 2022, the dairy spread price amounted to $2,516 per ton (FOB, Australia), with a decrease of -54% against the previous month. Australia's dairy spread exports reached 87 tons for the first time since July 2022, with Cook Islands (50 tons) and South Korea (37 tons) being the main destinations. The fall in prices can be attributed to lower demand from international markets and an oversupply of product, causing significant strain on the producers. Industry experts are calling for urgent government intervention to help the industry weather the storm and emerge stronger in the long run.
285
In August 2022, the dairy spread price stood at $4,796 per ton (FOB, Australia), growing by 7% against the previous month.
7817
Global butter and ghee consumption amounted to X thousand tons in 2015, remaining constant against the previous year level.
2827
Global butter and ghee exports amounted to X thousand tons in 2015, coming down by -X% against the previous year level.
6323
Global butter and ghee imports amounted to X thousand tons in 2015, descending by -X% against the previous year level.
6765
In 2015, the countries with the highest levels of butter and ghee production were Turkey (X thousand tons), Iran (X thousand tons), Syria (X thousand tons), together accounting for X% of total output.
1018
The global butter and ghee market fluctuated wildly, finally rising from X billion USD in 2007 to X billion USD in 2015.
2768
The market of butter and ghee fluctuated wildly, finally rising from X billion USD in 2007 to X billion USD in 2015. Over the last year, the market dropped by X% in value terms.
