Report Update Nov 1, 2024

New Zealand - Skim Milk of Cows - Market Analysis, Forecast, Size, Trends and Insights

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New Zealand: Skim Milk Market 2024

Skim Milk Market Size in New Zealand

The New Zealand skim milk market contracted to $X in 2021, which is down by -1.7% against the previous year. Over the period under review, consumption continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2020 when the market value increased by 3.6%. Skim milk consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Skim Milk Production in New Zealand

In value terms, skim milk production declined to $X in 2021 estimated in export price. In general, production recorded a deep slump. The most prominent rate of growth was recorded in 2020 when the production volume increased by 5.5% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Skim Milk Exports

Exports from New Zealand

In 2021, approx. X tons of skim milk were exported from New Zealand; reducing by -5.8% compared with 2020 figures. In general, exports, however, showed a strong expansion. The growth pace was the most rapid in 2015 with an increase of 79%. Over the period under review, the exports hit record highs at X tons in 2020, and then fell in the following year.

In value terms, skim milk exports expanded remarkably to $X in 2021. Over the period under review, exports, however, recorded strong growth. The most prominent rate of growth was recorded in 2015 with an increase of 53% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

China (X tons) was the main destination for skim milk exports from New Zealand, with a 87% share of total exports. Moreover, skim milk exports to China exceeded the volume sent to the second major destination, Guam (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to China amounted to +36.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guam (+19.1% per year) and Northern Mariana Islands (+18.9% per year).

In value terms, China ($X) remains the key foreign market for skim milk exports from New Zealand, comprising 79% of total exports. The second position in the ranking was held by Guam ($X), with a 5.8% share of total exports.

From 2012 to 2021, the average annual growth rate of value to China stood at +24.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guam (+13.2% per year) and Northern Mariana Islands (+16.3% per year).

Export Prices by Country

The average skim milk export price stood at $X per ton in 2021, jumping by 18% against the previous year. Over the period under review, the export price, however, showed a abrupt decrease. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Northern Mariana Islands ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Northern Mariana Islands (-2.2%), while the prices for the other major destinations experienced a decline.

Skim Milk Imports

Imports into New Zealand

In 2021, supplies from abroad of skim milk decreased by -65.3% to X tons for the first time since 2018, thus ending a two-year rising trend. In general, imports saw a abrupt setback. The pace of growth was the most pronounced in 2014 with an increase of 105% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, skim milk imports contracted remarkably to $X in 2021. Overall, imports showed a abrupt decline. The pace of growth was the most pronounced in 2014 when imports increased by 86% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Australia (X tons) was the main supplier of skim milk to New Zealand, with a approx. 99% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Australia totaled -6.5%.

In value terms, Australia ($X) constituted the largest supplier of skim milk to New Zealand.

From 2012 to 2021, the average annual rate of growth in terms of value from Australia totaled -10.1%.

Import Prices by Country

The average skim milk import price stood at $X per ton in 2021, surging by 8% against the previous year. Overall, the import price, however, recorded a perceptible setback. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Australia.

From 2012 to 2021, the rate of growth in terms of prices for Australia amounted to -3.8% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for skim milk in the world?

The countries with the highest volumes of skim milk consumption in 2021 were the United States, Germany and France, together accounting for 29% of global consumption. These countries were followed by New Zealand, Russia, Turkey, Ireland, Iran, the Netherlands, Poland, India, Belgium and Canada, which together accounted for a further 36%.

What are the largest producers of skim milk in the world?

The countries with the highest volumes of skim milk production in 2021 were the United States, Germany and France, together comprising 29% of global production. New Zealand, Russia, Turkey, Ireland, Iran, the Netherlands, Poland, India, Canada and the UK lagged somewhat behind, together comprising a further 36%.

What are the leading suppliers of skim milk to New Zealand?

In value terms, Australia constituted the largest supplier of skim milk to New Zealand.

What are the leading importers of skim milk from New Zealand?

In value terms, China remains the key foreign market for skim milk exports from New Zealand, comprising 84% of total exports. The second position in the ranking was occupied by Guam, with a 6.2% share of total exports.

What is the average export price for skim milk in New Zealand?

The average skim milk export price stood at $747 per ton in 2021, jumping by 19% against the previous year.

What is the average import price for skim milk in New Zealand?

In 2021, the average skim milk import price amounted to $1,215 per ton, picking up by 8% against the previous year.

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Producing Animals Slaughtered, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023