New Zealand - Skim Milk of Cows - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSkim Milk Price in New Zealand - 2023
Contents:
- Skim Milk Price in New Zealand (FOB) - 2023
- Skim Milk Price in New Zealand (CIF) - 2022
- Skim Milk Exports in New Zealand
- Skim Milk Imports in New Zealand
Skim Milk Price in New Zealand (FOB) - 2023
In August 2023, the average skim milk export price amounted to $825 per ton, rising by 3.7% against the previous month. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in December 2022 an increase of 5.2% against the previous month. The export price peaked at $867 per ton in April 2023; however, from May 2023 to August 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Northern Mariana Islands ($1,270 per ton), while the average price for exports to Australia ($533 per ton) was amongst the lowest.
From September 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to American Samoa (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.
Skim Milk Price in New Zealand (CIF) - 2022
The average skim milk import price stood at $1,073 per ton in 2022, dropping by -11.7% against the previous year. In general, the import price showed a perceptible reduction. The growth pace was the most rapid in 2021 when the average import price increased by 8.6% against the previous year. The import price peaked at $1,694 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Philippines ($2,509 per ton), while the price for Australia stood at $967 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (-3.8%).
Skim Milk Exports in New Zealand
In 2022, shipments abroad of skim milk decreased by -18.5% to 13K tons, falling for the second consecutive year after two years of growth. Overall, exports showed a noticeable setback. The growth pace was the most rapid in 2020 with an increase of 12%. As a result, the exports attained the peak of 17K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, skim milk exports reduced to $11M in 2022. The total export value increased at an average annual rate of +4.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 18%.
Export of Skim Milk in New Zealand (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 7.9 | 9.3 | 9.7 | 8.1 | 0.8% |
Guam | 0.4 | 0.6 | 0.7 | 1.1 | 40.1% |
Northern Mariana Islands | 0.3 | 0.3 | 0.6 | 1.0 | 49.4% |
Australia | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
Others | 0.6 | 0.6 | 1.1 | 0.3 | -20.6% |
Total | 9.3 | 10.9 | 12.2 | 10.7 | 4.8% |
Top Export Markets for Skim Milk from New Zealand in 2022:
- China (10.8K tons)
- Guam (1.1K tons)
- Northern Mariana Islands (0.9K tons)
- Australia (0.3K tons)
Skim Milk Imports in New Zealand
In 2022, supplies from abroad of skim milk decreased by -48.5% to 63 tons, falling for the second year in a row after two years of growth. Overall, imports faced a dramatic decline. The most prominent rate of growth was recorded in 2020 when imports increased by 35% against the previous year. As a result, imports attained the peak of 350 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, skim milk imports reduced rapidly to $67K in 2022. Over the period under review, imports faced a precipitous contraction. The growth pace was the most rapid in 2020 when imports increased by 31% against the previous year. As a result, imports reached the peak of $392K. From 2021 to 2022, the growth of imports remained at a lower figure.
Import of Skim Milk in New Zealand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | 291 | 390 | 144 | 56.4 | -42.1% |
Philippines | 5.7 | 1.3 | 4.0 | 9.3 | 17.7% |
Others | 1.8 | N/A | N/A | 1.4 | -8.0% |
Total | 298 | 392 | 148 | 67.2 | -39.1% |
Top Suppliers of Skim Milk to New Zealand in 2022:
- Australia (58.3 tons)
- Philippines (3.7 tons)
This report provides an in-depth analysis of the skim 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 888 - Skim Milk of Cows
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
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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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