United Kingdom - Lactose And Lactose Syrup - Market Analysis, Forecast, Size, Trends And Insights
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View PricingLactose Price in the UK - 2023
Contents:
- Lactose Price in the UK (CIF) - 2023
- Lactose Price in the UK (FOB) - 2022
- Lactose Imports in the UK
- Lactose Exports in the UK
Lactose Price in the UK (CIF) - 2023
In August 2023, the average lactose import price amounted to $2,507 per ton, with a decrease of -13.2% against the previous month. Over the period under review, the import price continues to indicate a mild decrease. The most prominent rate of growth was recorded in January 2023 an increase of 105% month-to-month. Over the period under review, average import prices attained the maximum at $3,068 per ton in November 2022; however, from December 2022 to August 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Lithuania ($4,898 per ton), while the price for Poland ($1,098 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Lithuania (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Lactose Price in the UK (FOB) - 2022
The average lactose export price stood at $791 per ton in 2022, with a decrease of -22.5% against the previous year. In general, the export price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2021 an increase of 44%. The export price peaked at $1,690 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($1,730 per ton), while the average price for exports to Ireland ($415 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 Germany (+1.1%), while the prices for the other major destinations experienced a decline.
Lactose Imports in the UK
In 2022, purchases abroad of lactose and lactose syrup was finally on the rise to reach 12K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a abrupt slump.
In value terms, lactose imports skyrocketed to $31M in 2022. Overall, imports, however, recorded a deep reduction.
| Import of Lactose in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 3.0 | 4.5 | 2.6 | 12.2 | 59.6% |
| Germany | 15.7 | 11.0 | 10.5 | 9.3 | -16.0% |
| France | 2.8 | 2.9 | 3.5 | 5.1 | 22.1% |
| United States | 0.3 | 0.3 | 0.2 | 1.1 | 54.2% |
| Lithuania | N/A | N/A | 0.8 | 1.0 | 25.0% |
| Denmark | 11.6 | 8.2 | 2.0 | 0.6 | -62.7% |
| Ireland | 2.0 | 1.5 | 0.9 | 0.1 | -63.2% |
| Belgium | 0.5 | 0.2 | 0.6 | 0.1 | -41.5% |
| Others | 0.7 | 0.5 | 0.4 | 1.4 | 26.0% |
| Total | 36.6 | 29.1 | 21.5 | 30.9 | -5.5% |
Top Suppliers of Lactose to the UK in 2022:
- Belgium (undefinedK tons)
- France (3.8K tons)
- Netherlands (3.2K tons)
- Germany (3.0K tons)
- Lithuania (0.7K tons)
- Denmark (0.4K tons)
- United States (0.3K tons)
- Ireland (0.1K tons)
Lactose Exports in the UK
In 2022, approx. 23K tons of lactose and lactose syrup were exported from the UK; picking up by 38% on the previous year's figure. In general, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +19.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +68.4% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by 60% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, lactose exports amounted to $19M in 2022. Over the period under review, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +22.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +82.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 55%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Lactose in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 3.4 | 5.0 | 5.8 | 6.8 | 26.0% |
| Ireland | 1.6 | 4.9 | 4.9 | 2.9 | 21.9% |
| Austria | N/A | N/A | N/A | 2.1 | 0% |
| Spain | 0.3 | 0.2 | 0.3 | 1.1 | 54.2% |
| South Africa | 1.4 | 1.8 | 1.3 | 1.0 | -10.6% |
| Belgium | 1.8 | 1.3 | 1.0 | 0.8 | -23.7% |
| Poland | 0.1 | 0.4 | 0.5 | 0.5 | 71.0% |
| Italy | 0.2 | 0.8 | N/A | 0.4 | 26.0% |
| Russia | 0.3 | 0.3 | 1.0 | N/A | 82.6% |
| Others | 1.1 | 1.1 | 2.5 | 2.9 | 38.1% |
| Total | 10.2 | 15.8 | 17.4 | 18.5 | 22.0% |
Top Export Markets for Lactose from the UK in 2022:
- Russia (undefinedK tons)
- Ireland (7.0K tons)
- Netherlands (5.3K tons)
- Austria (1.5K tons)
- South Africa (0.8K tons)
- Spain (0.8K tons)
- Belgium (0.7K tons)
- Italy (0.3K tons)
- Poland (0.3K tons)
This report provides an in-depth analysis of the lactose market in the UK. 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:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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
-
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
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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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