# New Zealand Dairy produce: milk and cream, concentrated, not containing added sugar or other sweetening matter, in powder, granules or other solid forms, of a fat content exceeding 1.5% (by weight) price positioning (HS 040221)

Canonical: https://www.yugalinks.com/trade/price-exporter/nzl/040221
Publisher: Yugalinks (https://www.yugalinks.com)

## Answer

New Zealand has a median reported export price of $3.6K/t across 144 markets. Across the reported period, the highest observed price is $518.9K/t in Switzerland, Liechtenstein; the lowest is $234.9/t in Uganda.

## Summary

- Price spread: 14,292.6%
- Total trade value: $23.6B
- Average quantity: 12,060 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 | $3.4K/t | -39.6% | -0.9% | +3.8% | $8.4B | 5 | Below |
| Algeria | 2023 | $3.3K/t | -14.8% | -17.9% | +20.4% | $1.8B | 5 | Mid |
| United Arab Emirates | 2023 | $3.3K/t | +1% | -14.1% | +8% | $1.5B | 5 | Mid |
| Indonesia | 2023 | $3.3K/t | -14.3% | -16.4% | +9.5% | $1.0B | 5 | Mid |
| Sri Lanka | 2023 | $3.7K/t | -53.3% | -7.5% | +20.1% | $1.1B | 5 | Below |
| Thailand | 2023 | $3.2K/t | -51.7% | -18.8% | +6.4% | $891.8M | 5 | Below |
| Bangladesh | 2023 | $3.3K/t | -22.1% | -16.3% | +6.3% | $1.1B | 5 | Mid |
| Malaysia | 2023 | $3.6K/t | -16.4% | -19.7% | +10.1% | $870.1M | 5 | Mid |
| Saudi Arabia | 2023 | $3.5K/t | -13% | -14.3% | +12.8% | $735.4M | 5 | Mid |
| Australia | 2023 | $3.6K/t | -56.9% | -16.1% | -2.2% | $619.6M | 5 | Below |
| Singapore | 2023 | $3.1K/t | -38.7% | -14.9% | +10.3% | $642.1M | 5 | Below |
| Other Asia, nes | 2023 | $3.5K/t | -35.9% | -17.5% | +7.4% | $599.9M | 5 | Below |
| Viet Nam | 2023 | $3.4K/t | -18.4% | -18.3% | +19.8% | $622.3M | 5 | Mid |
| Nigeria | 2023 | $3.3K/t | -18.9% | -20% | +9% | $543.4M | 5 | Mid |
| China, Hong Kong Special Administrative Region | 2023 | $8.2K/t | -2.3% | -9.7% | +33.7% | $371.6M | 5 | Mid |
| Uganda | 2023 | $3.2K/t | -24.8% | +39.5% | +1,271.9% | $153.3K | 3 | Mid |
| Switzerland, Liechtenstein | 2023 | $37.3K/t | +482.1% | +6.5% | -81.9% | $534.2K | 5 | Above |

## Price history

- China: 2017 $3.3K/t, 2019 $3.1K/t, 2020 $3.1K/t, 2022 $3.4K/t, 2023 $3.4K/t
- Algeria: 2017 $2.7K/t, 2019 $2.8K/t, 2020 $3.3K/t, 2022 $4.0K/t, 2023 $3.3K/t
- United Arab Emirates: 2017 $3.0K/t, 2019 $2.9K/t, 2020 $2.9K/t, 2022 $3.8K/t, 2023 $3.3K/t
- Indonesia: 2017 $3.1K/t, 2019 $3.0K/t, 2020 $3.1K/t, 2022 $4.0K/t, 2023 $3.3K/t
- Sri Lanka: 2017 $3.1K/t, 2019 $3.1K/t, 2020 $3.2K/t, 2022 $4.0K/t, 2023 $3.7K/t

## Annual price trend and growth

| Year | Weighted unit value | Change vs prior reported year | Trade value | Markets |
|---:|---:|---:|---:|---:|
| 2017 | $3.2K/t | Not reported | $4.2B | 118 |
| 2019 | $3.1K/t | -1.6% | $4.7B | 121 |
| 2020 | $3.2K/t | +2% | $4.6B | 114 |
| 2022 | $3.9K/t | +21.9% | $5.5B | 115 |
| 2023 | $3.5K/t | -10.9% | $4.6B | 115 |

## 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; 144 importer markets; 583 reported market-year observations.

## FAQ

### What does New Zealand price positioning show for HS 040221?

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, concentrated, not containing added sugar or other sweetening matter, in powder, granules or other solid forms, of a fat content exceeding 1.5% (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": "040221",
  "summary": {
    "num_markets": 144,
    "highest_price_importer_iso3": "CHE",
    "highest_price_usd_per_ton": 518945.6118665018,
    "lowest_price_importer_iso3": "UGA",
    "lowest_price_usd_per_ton": 234.8993288590604,
    "median_price_across_markets": 3629.2161719133255,
    "price_spread_pct": 14292.637527407966,
    "avg_quantity_metric_tons": 12059.63346655232,
    "total_trade_value_usd": 23606501422
  },
  "marketRows": [
    {
      "year": 2023,
      "exporter_iso3": "NZL",
      "importer_iso3": "CHN",
      "hs_code": "040221",
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      "quantity_metric_tons": 387594.443,
      "trade_value_usd": 1324214052,
      "market_median_price_usd_per_ton": 5657.027866526746,
      "price_vs_median_pct": -39.60620337575792,
      "price_position": "Budget"
    },
    {
      "year": 2023,
      "exporter_iso3": "NZL",
      "importer_iso3": "DZA",
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      "quantity_metric_tons": 169358.25,
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      "trade_value_usd": 224488194,
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    {
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      "exporter_iso3": "NZL",
      "importer_iso3": "THA",
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      "trade_value_usd": 218607632,
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      "price_vs_median_pct": -51.723541034071665,
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    {
      "year": 2023,
      "exporter_iso3": "NZL",
      "importer_iso3": "BGD",
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      "quantity_metric_tons": 64153.35,
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    {
      "year": 2023,
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      "importer_iso3": "MYS",
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    {
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    {
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      "price_vs_median_pct": 482.05690220880194,
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  ],
  "marketAggregates": [
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      "importer_iso3": "CHN",
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    {
      "importer_iso3": "NGA",
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    {
      "importer_iso3": "HKG",
      "latest_year": 2023,
      "latest_unit_value_usd_per_ton": 8158.486236880769,
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    },
    {
      "importer_iso3": "UGA",
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