New Zealand - Dried Milk - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPowdered Milk Price in New Zealand - 2023
Contents:
- Powdered Milk Price in New Zealand (FOB) - 2023
- Powdered Milk Price in New Zealand (CIF) - 2023
- Powdered Milk Exports in New Zealand
- Powdered Milk Imports in New Zealand
Powdered Milk Price in New Zealand (FOB) - 2023
In September 2023, the average powdered milk export price amounted to $3,141 per ton, dropping by -1.8% against the previous month. In general, the export price showed a perceptible contraction. The pace of growth was the most pronounced in July 2023 an increase of 1.9% against the previous month. The export price peaked at $4,047 per ton in September 2022; however, from October 2022 to September 2023, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In September 2023, the countries with the highest prices were Sri Lanka ($3,292 per ton) and Saudi Arabia ($3,262 per ton), while the average price for exports to Singapore ($2,857 per ton) and Vietnam ($2,874 per ton) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (-1.2%), while the prices for the other major destinations experienced a decline.
Powdered Milk Price in New Zealand (CIF) - 2023
The average powdered milk import price stood at $3,068 per ton in September 2023, with a decrease of -49.1% against the previous month. Overall, the import price recorded a deep downturn. The pace of growth appeared the most rapid in June 2023 an increase of 320% against the previous month. As a result, import price reached the peak level of $12,535 per ton. From July 2023 to September 2023, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In September 2023, the country with the highest price was Australia ($4,060 per ton), while the price for the United States ($2,916 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Spain (+3.7%), while the prices for the other major suppliers experienced a decline.
Powdered Milk Exports in New Zealand
In 2022, approx. 1.7M tons of powdered milk were exported from New Zealand; waning by -13.8% compared with the previous year. Over the period under review, exports showed a noticeable slump. The most prominent rate of growth was recorded in 2021 with an increase of 4.6%. As a result, the exports attained the peak of 2M tons, and then dropped in the following year.
In value terms, powdered milk exports fell slightly to $6.8B in 2022. The total export value increased at an average annual rate of +6.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 20% against the previous year. As a result, the exports attained the peak of $7B, and then reduced in the following year.
| Export of Powdered Milk in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,307 | 2,309 | 3,476 | 2,196 | -1.6% |
| Indonesia | 205 | 239 | 301 | 618 | 44.5% |
| Algeria | 260 | 239 | 168 | 497 | 24.1% |
| Thailand | 199 | 212 | 263 | 349 | 20.6% |
| United Arab Emirates | 305 | 364 | 343 | 315 | 1.1% |
| Malaysia | 255 | 241 | 245 | 300 | 5.6% |
| Bangladesh | 224 | 191 | 225 | 282 | 8.0% |
| Taiwan (Chinese) | 159 | 178 | 211 | 228 | 12.8% |
| Saudi Arabia | 126 | 160 | 148 | 227 | 21.7% |
| Singapore | 161 | 164 | 198 | 224 | 11.6% |
| Vietnam | 166 | 171 | 185 | 211 | 8.3% |
| Australia | 149 | 171 | 164 | 196 | 9.6% |
| Sri Lanka | 263 | 268 | 246 | 136 | -19.7% |
| Others | 868 | 878 | 797 | 1,022 | 5.6% |
| Total | 5,647 | 5,784 | 6,969 | 6,803 | 6.4% |
Top Export Markets for Powdered Milk from New Zealand in 2022:
- China (539.6K tons)
- Indonesia (155.9K tons)
- Algeria (125.7K tons)
- Thailand (90.9K tons)
- United Arab Emirates (79.3K tons)
- Bangladesh (72.2K tons)
- Malaysia (68.9K tons)
- Singapore (61.5K tons)
- Taiwan (Chinese) (55.9K tons)
- Saudi Arabia (55.0K tons)
- Vietnam (53.9K tons)
- Australia (45.8K tons)
- Sri Lanka (34.0K tons)
Powdered Milk Imports in New Zealand
In 2022, after three years of growth, there was significant decline in overseas purchases of powdered milk, when their volume decreased by -65.1% to 3.4K tons. Over the period under review, imports recorded a sharp downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 26% against the previous year.
In value terms, powdered milk imports dropped remarkably to $18M in 2022. Overall, imports recorded a dramatic contraction. The pace of growth appeared the most rapid in 2021 with an increase of 4% against the previous year.
| Import of Powdered Milk in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 9.6 | 13.0 | 7.3 | 8.3 | -4.7% |
| Spain | 0.8 | 0.1 | N/A | 3.5 | 63.6% |
| Germany | 10.1 | 3.5 | 6.2 | 3.0 | -33.3% |
| United States | 0.2 | 4.4 | 11.1 | 2.6 | 135.1% |
| Netherlands | 4.7 | 4.9 | 5.5 | 0.2 | -65.1% |
| Italy | 4.2 | 1.1 | 1.5 | 0.1 | -71.2% |
| Austria | 5.1 | 2.3 | 0.5 | N/A | -68.7% |
| Greece | 5.2 | 4.2 | N/A | N/A | -19.2% |
| United Arab Emirates | 3.3 | 4.3 | 8.3 | N/A | 58.6% |
| Others | 2.7 | 1.2 | 0.4 | 0.4 | -47.1% |
| Total | 46.1 | 39.2 | 40.7 | 18.1 | -26.8% |
Top Suppliers of Powdered Milk to New Zealand in 2022:
- Australia (1787.5 tons)
- United States (937.4 tons)
- Spain (336.0 tons)
- Germany (260.0 tons)
- Netherlands (27.3 tons)
- Italy (14.2 tons)
This report provides an in-depth analysis of the powdered 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 897 - Dry Whole Cow Milk
- FCL 898 - Dry Skim Cow Milk
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
- 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
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This report provides an in-depth analysis of the powdered milk market in New Zealand.
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This report provides an in-depth analysis of the market for powdered, condensed or evaporated milk in New Zealand.
590
This report provides an in-depth analysis of the market for evaporated and condensed milk in New Zealand.
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This report provides an in-depth analysis of the market for sweetened condensed and evaporated milk in New Zealand.
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This report provides an in-depth analysis of the market for unsweetened condensed and evaporated milk in New Zealand.
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This report provides an in-depth analysis of the skim powdered milk market in New Zealand.
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This report provides an in-depth analysis of the market for powdered, evaporated and condensed milk in New Zealand.
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This report provides an in-depth analysis of the whole powdered milk market in New Zealand.
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This report provides an in-depth analysis of the global powdered milk market.
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This report provides an in-depth analysis of the global market for powdered, condensed or evaporated milk.
849
In physical terms, powdered milk exports from New Zealand remain stable. In value terms, exports rose by +3.5% y-o-y to $5.8B in 2020. China was the largest importer of New Zealand's powdered milk, accounting for a 41% share of its total exports. The United Arab Emirates and Sri Lanka followed distantly, with a combined 9.5%-share of the New Zealand's export volume. In 2020, Chinese purchases grew by +2.2% y-o-y. The average export price for powdered milk from New Zealand jumped by +4.8% compared to the figures of the previous year.
305
Explore the top import markets for powdered milk and discover key statistics and numbers showcasing the global trade in this sector. China, Algeria, Indonesia, Mexico, United Arab Emirates, Philippines, Netherlands, Malaysia, Belgium, and Thailand are the leading countries in the import value of powdered milk.
1311
Germany dominates in the global skimmed milk trade. In 2014, Germany exported X thousand tons of skimmed milk totaling X million USD, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total skimmed mi
1709
New Zealand seized control of the market for evaporated and condensed milk. In 2014, New Zealand exported X thousand tons of evaporated and condensed milk totaling X million USD, X% over the previous year. Its primary trading partner was Chin
237
Explore the top import markets for powdered, evaporated, and condensed milk in the world. Learn about the countries with the highest import values and key statistics. Find out how IndexBox market intelligence platform provides valuable insights.
849
In physical terms, powdered milk exports from New Zealand remain stable. In value terms, exports rose by +3.5% y-o-y to $5.8B in 2020. China was the largest importer of New Zealand's powdered milk, accounting for a 41% share of its total exports. The United Arab Emirates and Sri Lanka followed distantly, with a combined 9.5%-share of the New Zealand's export volume. In 2020, Chinese purchases grew by +2.2% y-o-y. The average export price for powdered milk from New Zealand jumped by +4.8% compared to the figures of the previous year.
305
Explore the top import markets for powdered milk and discover key statistics and numbers showcasing the global trade in this sector. China, Algeria, Indonesia, Mexico, United Arab Emirates, Philippines, Netherlands, Malaysia, Belgium, and Thailand are the leading countries in the import value of powdered milk.
1311
Germany dominates in the global skimmed milk trade. In 2014, Germany exported X thousand tons of skimmed milk totaling X million USD, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total skimmed mi
1709
New Zealand seized control of the market for evaporated and condensed milk. In 2014, New Zealand exported X thousand tons of evaporated and condensed milk totaling X million USD, X% over the previous year. Its primary trading partner was Chin
237
Explore the top import markets for powdered, evaporated, and condensed milk in the world. Learn about the countries with the highest import values and key statistics. Find out how IndexBox market intelligence platform provides valuable insights.
