# New Zealand Dairy produce: derived from milk, butter price positioning (HS 040510)

Canonical: https://www.yugalinks.com/trade/price-exporter/nzl/040510
Publisher: Yugalinks (https://www.yugalinks.com)

## Answer

New Zealand has a median reported export price of $6.0K/t across 126 markets. Across the reported period, the highest observed price is $196.5K/t in Switzerland, Liechtenstein; the lowest is $207.2/t in United Rep. of Tanzania.

## Summary

- Price spread: 3,245.9%
- Total trade value: $6.9B
- Average quantity: 2,529 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 | $6.2K/t | -1.1% | +0.8% | +16.2% | $1.8B | 5 | Mid |
| Australia | 2023 | $5.1K/t | -22.4% | -13.7% | -0.9% | $721.5M | 5 | Mid |
| Saudi Arabia | 2023 | $5.4K/t | -8.6% | -11% | +14.8% | $398.7M | 5 | Mid |
| USA, Puerto Rico and US Virgin Islands | 2023 | $7.7K/t | -18% | +3.6% | +37.9% | $198.3M | 5 | Mid |
| Canada | 2023 | $7.0K/t | +7.9% | +20.6% | +39.7% | $206.5M | 5 | Mid |
| Indonesia | 2023 | $5.8K/t | -41.8% | -14.5% | -0.6% | $322.4M | 5 | Below |
| Japan | 2023 | $5.6K/t | -19.4% | -8.8% | +3.9% | $232.6M | 5 | Mid |
| Republic of Korea | 2023 | $6.6K/t | -13.9% | +5.4% | +19.3% | $157.8M | 5 | Mid |
| Other Asia, nes | 2023 | $5.2K/t | -18.4% | -14.6% | +1.3% | $274.8M | 5 | Mid |
| Malaysia | 2023 | $5.4K/t | -9.9% | -13.1% | +6.1% | $172.0M | 5 | Mid |
| Azerbaijan | 2023 | $6.3K/t | -3.7% | -6.6% | +26.3% | $187.2M | 5 | Mid |
| Singapore | 2023 | $5.9K/t | -23.6% | -11.5% | +20.3% | $165.3M | 5 | Mid |
| China, Hong Kong Special Administrative Region | 2023 | $5.8K/t | -9.5% | -16.5% | -10.3% | $141.1M | 5 | Mid |
| Viet Nam | 2023 | $6.0K/t | -16.7% | -7.4% | -0.6% | $92.6M | 5 | Mid |
| Egypt | 2023 | $5.3K/t | -12% | -20.1% | +4.4% | $201.9M | 5 | Mid |
| United Rep. of Tanzania | 2022 | $207.2/t | -94.8% | -87.2% | -87.2% | $55.1K | 2 | Below |
| Switzerland, Liechtenstein | 2023 | $196.5K/t | +1,411.5% | Not reported | +0% | $393.0 | 1 | Above |

## Price history

- China: 2017 $5.4K/t, 2019 $5.2K/t, 2020 $4.0K/t, 2022 $6.2K/t, 2023 $6.2K/t
- Australia: 2017 $5.1K/t, 2019 $4.8K/t, 2020 $4.5K/t, 2022 $5.9K/t, 2023 $5.1K/t
- Saudi Arabia: 2017 $4.7K/t, 2019 $4.6K/t, 2020 $4.2K/t, 2022 $6.0K/t, 2023 $5.4K/t
- USA, Puerto Rico and US Virgin Islands: 2017 $5.6K/t, 2019 $4.6K/t, 2020 $5.4K/t, 2022 $7.4K/t, 2023 $7.7K/t
- Canada: 2017 $5.0K/t, 2019 $4.3K/t, 2020 $4.0K/t, 2022 $5.8K/t, 2023 $7.0K/t

## Annual price trend and growth

| Year | Weighted unit value | Change vs prior reported year | Trade value | Markets |
|---:|---:|---:|---:|---:|
| 2017 | $5.3K/t | Not reported | $1.4B | 103 |
| 2019 | $4.9K/t | -5.8% | $1.3B | 109 |
| 2020 | $4.3K/t | -12.3% | $1.0B | 98 |
| 2022 | $6.3K/t | +45.2% | $1.6B | 101 |
| 2023 | $6.0K/t | -5.6% | $1.6B | 96 |

## 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; 126 importer markets; 507 reported market-year observations.

## FAQ

### What does New Zealand price positioning show for HS 040510?

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: derived from milk, butter 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": "040510",
  "summary": {
    "num_markets": 126,
    "highest_price_importer_iso3": "CHE",
    "highest_price_usd_per_ton": 196500,
    "lowest_price_importer_iso3": "TZA",
    "lowest_price_usd_per_ton": 207.23591050693852,
    "median_price_across_markets": 6047.477656992917,
    "price_spread_pct": 3245.861749691834,
    "avg_quantity_metric_tons": 2529.3124891518733,
    "total_trade_value_usd": 6904152794
  },
  "marketRows": [
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    {
      "importer_iso3": "TZA",
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