New Zealand - Whey - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWhey Price in New Zealand - 2023
Contents:
- Whey Price in New Zealand (FOB) - 2023
- Whey Price in New Zealand (CIF) - 2022
- Whey Exports in New Zealand
- Whey Imports in New Zealand
Whey Price in New Zealand (FOB) - 2023
The average whey export price stood at $1,772 per ton in September 2023, jumping by 43% against the previous month. Over the period under review, the export price, however, recorded a perceptible shrinkage. The export price peaked at $4,388 per ton in November 2022; however, from December 2022 to September 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($12,239 per ton), while the average price for exports to Singapore ($690 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 the United States (+5.4%), while the prices for the other major destinations experienced a decline.
Whey Price in New Zealand (CIF) - 2022
The average whey import price stood at $3,801 per ton in 2022, almost unchanged from the previous year. Overall, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, whey import price increased by +101.0% against 2016 indices. The most prominent rate of growth was recorded in 2019 an increase of 23%. The import price peaked in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($7,451 per ton), while the price for the UK ($2,175 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+18.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Whey Exports in New Zealand
Whey exports from New Zealand skyrocketed to 25K tons in 2022, increasing by 54% against 2021 figures. Overall, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, whey exports surged to $75M in 2022. In general, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Whey in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.7 | 7.7 | 8.0 | 25.3 | 75.3% |
| Malaysia | 5.3 | 6.4 | 7.6 | 12.9 | 34.5% |
| Singapore | 5.7 | 6.4 | 8.6 | 11.8 | 27.4% |
| United States | 4.6 | 0.4 | 2.1 | 6.6 | 12.8% |
| Indonesia | 1.2 | 2.5 | 2.1 | 3.9 | 48.1% |
| Japan | 1.1 | 1.3 | 2.1 | 2.7 | 34.9% |
| Thailand | 0.3 | 0.1 | 1.0 | 2.6 | 105.4% |
| Taiwan (Chinese) | 1.0 | 1.1 | 1.7 | 2.0 | 26.0% |
| Libya | 0.3 | 0.4 | 1.1 | 1.5 | 71.0% |
| Papua New Guinea | 0.3 | 0.4 | 0.9 | 1.4 | 67.1% |
| Sri Lanka | 0.2 | N/A | 0.3 | 1.0 | 71.0% |
| Hong Kong SAR | 0.4 | 0.3 | 0.3 | 0.5 | 7.7% |
| Myanmar | 0.5 | 0.4 | 0.9 | 0.4 | -7.2% |
| Others | 1.2 | 0.7 | 2.2 | 2.1 | 20.5% |
| Total | 26.7 | 28.0 | 39.0 | 74.7 | 40.9% |
Top Export Markets for Whey from New Zealand in 2022:
- Malaysia (6.1K tons)
- China (6.1K tons)
- Singapore (2.6K tons)
- Indonesia (2.4K tons)
- Taiwan (Chinese) (1.1K tons)
- Thailand (1.0K tons)
- Libya (0.9K tons)
- United States (0.9K tons)
- Japan (0.8K tons)
- Sri Lanka (0.7K tons)
- Papua New Guinea (0.5K tons)
- Myanmar (0.3K tons)
- Hong Kong SAR (0.3K tons)
Whey Imports in New Zealand
In 2022, overseas purchases of whey were finally on the rise to reach 11K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, faced a precipitous shrinkage.
In value terms, whey imports surged to $41M in 2022. In general, imports, however, recorded a deep reduction.
| Import of Whey in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 16.6 | 22.6 | 10.9 | 17.5 | 1.8% |
| Ireland | 3.7 | 3.8 | 0.9 | 5.9 | 16.8% |
| France | 12.6 | 10.5 | 5.6 | 5.5 | -24.1% |
| United Kingdom | 3.9 | 6.8 | 1.2 | 2.1 | -18.6% |
| United States | 6.2 | 3.7 | 1.9 | 1.6 | -36.3% |
| Italy | 7.3 | 10.0 | 6.7 | 1.5 | -41.0% |
| Netherlands | 4.1 | 2.3 | 0.3 | 1.3 | -31.8% |
| Others | 10.8 | 14.8 | 3.6 | 5.3 | -21.1% |
| Total | 65.2 | 74.6 | 31.0 | 40.7 | -14.5% |
Top Suppliers of Whey to New Zealand in 2022:
- Germany (4.0K tons)
- Ireland (2.3K tons)
- France (1.9K tons)
- United Kingdom (1.0K tons)
- Netherlands (0.6K tons)
- United States (0.3K tons)
- Italy (0.2K tons)
This report provides an in-depth analysis of the whey 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 890 - Whey, Condensed
- FCL 900 - Dry Whey
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
478
This report provides an in-depth analysis of the whey market in New Zealand.
886
This report provides an in-depth analysis of the global whey market.
478
This report provides an in-depth analysis of the whey market in New Zealand.
886
This report provides an in-depth analysis of the global whey market.
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