New Zealand - Lactose And Lactose Syrup - Market Analysis, Forecast, Size, Trends And Insights
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View PricingLactose Price in New Zealand - 2023
Contents:
- Lactose Price in New Zealand (CIF) - 2022
- Lactose Price in New Zealand (FOB) - 2023
- Lactose Imports in New Zealand
- Lactose Exports in New Zealand
Lactose Price in New Zealand (CIF) - 2022
In 2022, the average lactose import price amounted to $1,592 per ton, with an increase of 17% against the previous year. Overall, the import price, however, showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2017 an increase of 33%. Over the period under review, average import prices hit record highs at $1,976 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 highest price was recorded for prices from Australia ($1,848 per ton) and the Netherlands ($1,731 per ton), while the price for the United States ($1,531 per ton) and Germany ($1,655 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (-1.1%), while the prices for the other major suppliers experienced a decline.
Lactose Price in New Zealand (FOB) - 2023
In September 2023, the average lactose export price amounted to $1,144 per ton, growing by 3.3% against the previous month. Overall, the export price, however, continues to indicate a abrupt decrease. The growth pace was the most rapid in June 2023 an increase of 24% month-to-month. Over the period under review, the average export prices hit record highs at $2,364 per ton in September 2022; however, from October 2022 to September 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was South Korea ($1,847 per ton), while the average price for exports to Pakistan ($961 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+0.8%), while the prices for the other major destinations experienced a decline.
Lactose Imports in New Zealand
In 2022, overseas purchases of lactose and lactose syrup decreased by -4.9% to 99K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 3% against the previous year. As a result, imports attained the peak of 122K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, lactose imports expanded rapidly to $158M in 2022. The total import value increased at an average annual rate of +9.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Lactose in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 67.0 | 72.7 | 74.4 | 87.6 | 9.3% |
| Germany | 32.8 | 35.2 | 40.1 | 53.8 | 17.9% |
| Netherlands | 6.3 | 6.3 | 17.1 | 8.4 | 10.1% |
| Denmark | 7.7 | 3.1 | 3.1 | 5.4 | -11.2% |
| Others | 7.7 | 11.9 | 6.8 | 2.3 | -33.2% |
| Total | 121 | 129 | 142 | 158 | 9.3% |
Top Suppliers of Lactose to New Zealand in 2022:
- United States (57.2K tons)
- Germany (32.5K tons)
- Netherlands (4.9K tons)
- Denmark (3.2K tons)
Lactose Exports in New Zealand
In 2022, the amount of lactose and lactose syrup exported from New Zealand surged to 43K tons, increasing by 78% on the previous year's figure. In general, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, lactose exports surged to $79M in 2022. Overall, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Lactose in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 5.3 | 5.3 | 7.1 | 11.0 | 27.6% |
| Brazil | 3.3 | 3.2 | 4.9 | 8.4 | 36.5% |
| India | 3.4 | 5.5 | 6.4 | 8.0 | 33.0% |
| China | 4.5 | 3.8 | 2.8 | 7.0 | 15.9% |
| Indonesia | 2.4 | 2.1 | 2.9 | 5.1 | 28.6% |
| Thailand | 3.2 | 3.0 | 2.4 | 4.5 | 12.0% |
| Singapore | N/A | N/A | 0.5 | 4.3 | 760.0% |
| Chile | 1.9 | 1.8 | 2.1 | 3.5 | 22.6% |
| Bangladesh | 1.0 | 1.4 | 1.5 | 3.0 | 44.2% |
| Australia | 2.9 | 2.0 | 1.8 | 2.7 | -2.4% |
| France | 1.1 | 2.8 | 2.7 | 2.7 | 34.9% |
| Philippines | 0.1 | 0.4 | 0.2 | 2.0 | 171.4% |
| Malaysia | 1.5 | 1.6 | 0.4 | 1.7 | 4.3% |
| Others | 6.4 | 7.5 | 9.8 | 15.3 | 33.7% |
| Total | 37.0 | 40.4 | 45.6 | 79.2 | 28.9% |
Top Export Markets for Lactose from New Zealand in 2022:
- Japan (6.8K tons)
- India (4.7K tons)
- China (4.7K tons)
- Brazil (3.8K tons)
- Singapore (3.3K tons)
- Indonesia (2.5K tons)
- Thailand (2.3K tons)
- Bangladesh (1.8K tons)
- France (1.8K tons)
- Australia (1.7K tons)
- Philippines (1.7K tons)
- Chile (1.2K tons)
- Malaysia (0.9K tons)
This report provides an in-depth analysis of the lactose 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:
- Prodcom 10515400 - Lactose and lactose syrup (including chemically pure lactose)
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
-
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
- 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 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
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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
- 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
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