# New Zealand Dairy produce: milk and cream, not concentrated, not containing added sugar or other sweetening matter, of a fat content exceeding 1% but not exceeding 6% (by weight) price positioning (HS 040120)

Canonical: https://www.yugalinks.com/trade/price-exporter/nzl/040120
Publisher: Yugalinks (https://www.yugalinks.com)

## Answer

New Zealand has a median reported export price of $945.9/t across 64 markets. Across the reported period, the highest observed price is $21.6K/t in Tuvalu; the lowest is $350.0/t in Canada.

## Summary

- Price spread: 2,248.3%
- Total trade value: $1.2B
- Average quantity: 4,934 metric tons
- Latest year: 2023

## Price by market

| Market | Latest year | Latest price | Vs median | Year-over-year change | Change since first reported year | Trade value (reported period) | Years reported | Position |
|---|---:|---:|---:|---:|---:|---:|---:|---|
| China | 2023 | $1.2K/t | +7.2% | +0.4% | +41.5% | $828.3M | 5 | Mid |
| Philippines | 2023 | $824.5/t | -1.6% | +2.7% | +9.3% | $89.6M | 5 | Mid |
| Other Asia, nes | 2023 | $1.1K/t | +5.6% | -3.6% | +29.5% | $51.9M | 5 | Mid |
| United Arab Emirates | 2023 | $2.5K/t | +152.6% | -2.1% | +19.7% | $38.2M | 4 | Above |
| Malaysia | 2023 | $955.8/t | -38.6% | -2% | +37.5% | $26.7M | 5 | Below |
| Viet Nam | 2023 | $954.2/t | +9.1% | +10.9% | +5.2% | $14.8M | 5 | Mid |
| New Caledonia | 2023 | $1.0K/t | -3.6% | +10% | +20.3% | $10.9M | 5 | Mid |
| French Polynesia | 2023 | $1.1K/t | +17.2% | +14.5% | +43.7% | $9.3M | 5 | Mid |
| Fiji | 2023 | $812.4/t | +0% | +8.9% | +9.3% | $8.3M | 5 | Mid |
| Tonga | 2023 | $823.9/t | -1.7% | +11.1% | +2.1% | $9.2M | 5 | Mid |
| Singapore | 2023 | $1.2K/t | +0% | +82% | +81.7% | $7.8M | 5 | Mid |
| China, Hong Kong Special Administrative Region | 2023 | $876.6/t | -11.2% | +8.4% | +14.2% | $6.8M | 5 | Mid |
| Guam | 2023 | $1.1K/t | -22.3% | +5.8% | +11.5% | $5.7M | 5 | Mid |
| Australia | 2023 | $896.2/t | -63.2% | -12.2% | -21.4% | $8.1M | 5 | Below |
| Samoa | 2023 | $695.3/t | -20.9% | +2.6% | -14.7% | $4.5M | 5 | Mid |
| Tuvalu | 2023 | $21.6K/t | +0% | +144.9% | +90.8% | $5.3K | 3 | Mid |
| Canada | 2023 | $1.1K/t | +14.8% | +206.7% | +206.7% | $357.0 | 2 | Mid |

## Price history

- China: 2017 $831.7/t, 2019 $926.0/t, 2020 $851.1/t, 2022 $1.2K/t, 2023 $1.2K/t
- Philippines: 2017 $754.5/t, 2019 $639.5/t, 2020 $637.6/t, 2022 $802.9/t, 2023 $824.5/t
- Other Asia, nes: 2017 $844.3/t, 2019 $795.7/t, 2020 $861.4/t, 2022 $1.1K/t, 2023 $1.1K/t
- United Arab Emirates: 2019 $2.1K/t, 2020 $2.0K/t, 2022 $2.6K/t, 2023 $2.5K/t
- Malaysia: 2017 $695.1/t, 2019 $883.6/t, 2020 $788.4/t, 2022 $975.7/t, 2023 $955.8/t

## Annual price trend and growth

| Year | Weighted unit value | Change vs prior reported year | Trade value | Markets |
|---:|---:|---:|---:|---:|
| 2017 | $824.2/t | Not reported | $156.4M | 49 |
| 2019 | $907.3/t | +10.1% | $236.4M | 48 |
| 2020 | $853.8/t | -5.9% | $210.6M | 47 |
| 2022 | $1.1K/t | +30.9% | $282.7M | 48 |
| 2023 | $1.1K/t | +1.1% | $264.3M | 48 |

## Methodology

Price = reported trade value in USD / reported quantity in metric tons. The median is calculated across reported market unit values for the same product and year. Price spread = (highest market price - lowest market price) / median market price x 100. Vs median = (market unit value - market median) / market median x 100. Price position is not a profitability claim.

Coverage: 2017-2023; 64 importer markets; 240 reported market-year observations.

## FAQ

### What does New Zealand price positioning show for HS 040120?

It compares New Zealand's reported unit values across markets with each market's median for the same product and year.

### What does above or below median mean?

Above median means the observed unit value is higher than the market median; below median means it is lower. It does not by itself indicate profit or quality.

### How is the export price calculated?

The reported unit value is trade value divided by reported quantity, expressed per metric ton when quantity is available.

### Can I compare this with the wider Dairy produce: milk and cream, not concentrated, not containing added sugar or other sweetening matter, of a fat content exceeding 1% but not exceeding 6% (by weight) market?

Yes. Use the product overview and methodology links to compare price positioning with market size, exporter reach, and reported trade history.

## Complete structured values

{
  "pageType": "exporter-price-positioning",
  "source": "reported",
  "exporter": "NZL",
  "hs_code": "040120",
  "summary": {
    "num_markets": 64,
    "highest_price_importer_iso3": "TUV",
    "highest_price_usd_per_ton": 21617.391304347824,
    "lowest_price_importer_iso3": "CAN",
    "lowest_price_usd_per_ton": 350,
    "median_price_across_markets": 945.9491652951791,
    "price_spread_pct": 2248.259429216942,
    "avg_quantity_metric_tons": 4933.519858333334,
    "total_trade_value_usd": 1150473272
  },
  "marketRows": [
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      "quantity_metric_tons": 161571.44,
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      "price_vs_median_pct": 7.221072371623038,
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    {
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  "marketAggregates": [
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    {
      "importer_iso3": "WSM",
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    {
      "importer_iso3": "TUV",
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