What is the price of lactose per kilogram/pound in US today?
The retail price range for US lactose is between US$ 10.59 and US$ 18.29 per kilogram or between US$ 4.80 and US$ 8.30 per pound(lb). Click here to see today's exact prices of lactose in US
The retail price range in Euro for lactose is between EUR 9.72 and EUR 16.78 per kilogram or between EUR 4.41 and EUR 7.61 per pound(lb) in Washington and New York.
Wholesale prices
In 2024, the approximate wholesale price range for US lactose is between US$ 7.41 and US$ 12.81 per kilogram or between US$ 3.36 and US$ 5.81 per pound(lb).
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US Lactose Export Prices - Historical, Trends and Prediction
The export price per kilogram of Lactose from the US over the last five years has seen a steady decline. In 2017, the price was 0.99 US$ per kg, dropping to 0.8 US$ per kg in 2018. The price then rose slightly to 0.97 US$ per kg in 2019, before increasing to 1.04 US$ per kg in 2020. The price then rose again to 1.22 US$ per kg in 2021, before reaching its highest point of 1.29 US$ per kg in 2022. Based on this trend, it is predicted that the export price per kilogram of Lactose from the US will be 1.37 US$ per kg in 2023 and 1.45 US$ per kg in 2024.The lactose exports from US are categorised as:
- Lactose in solid form and lactose syrup, not containing added flavouring or colouring matter, containing by weight < 99% lactose, expressed as anhydrous lactose, calculated on the dry matter (HS code 170219)
- Lactose in solid form and lactose syrup, not containing added flavouring or colouring matter, containing by weight >= 99% lactose, expressed as anhydrous lactose, calculated on the dry matter (HS code 170211)
US Lactose Import Prices - Historical, Trends and Prediction
The import price per kilogram of Lactose into the US over the last five years has seen a steady decline. In 2012, the price was $1.89, dropping to $1.68 in 2013, $1.47 in 2014, $0.88 in 2015, and $0.79 in 2016. In 2017, the price rose slightly to $0.99, before dropping again to $0.80 in 2018. The price then rose to $0.97 in 2019 and $1.04 in 2020, before increasing to $1.22 in 2021 and $1.29 in 2022. Based on this trend, it is predicted that the import price per kilogram of Lactose into the US will be $1.36 in 2023 and $1.43 in 2024.Export values for US lactose
The total values in export for lactose in US were US$ 285,819, US$ 358,266, US$ 314,575 and US$ 365,835 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in US: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of lactose in other countries across North America: Canada lactose, US lactose, Anguilla lactose, Antigua and Barbuda lactose, Bermuda lactose, Bonaire, Sint Eustatius and Saba lactose, St.Pierre and Miquelon lactose, United States Minor Outlying Islands lactose, Cayman Islands lactose & Greenland lactose.
US lactose - Production, Exports, Imports, Seasons and HS Codes
The amount of lactose shipped by US in 2020 was 378,687 metric tonnes. In 2019 US sold 379,028 tonnes of lactose. Through 2019 alone, the market for US lactose (processed category) has decreased, recording a change of -3.576 percent compared to the year 2018. Between 2017 and 2019, lactose's exports grew by 4.61% bringing the nation US$365.84m for the year 2019. US' lactose exports are categorised as:
- Lactose in solid form and lactose syrup, not containing added flavouring or colouring matter, containing by weight < 99% lactose, expressed as anhydrous lactose, calculated on the dry matter (HS code 170219)
- Lactose in solid form and lactose syrup, not containing added flavouring or colouring matter, containing by weight >= 99% lactose, expressed as anhydrous lactose, calculated on the dry matter (HS code 170211)
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US lactose export values
In 2019, US supplied lactose costing 365.84m USD, an increment of 16.30% from 2018's total lactose export of 314.575m USD. The yearly change in value of US lactose between 2017 to 2018 was -12.195 per cent.
The yearly variation in the quantity of US' lactose exports between 2017 and 2019 was 4.61 percent when compared to a variation of -3.576% in the growth rate between 2018 and 2019.
US' share of the world's total lactose's exports in 2019 was 15.7%. US is ranked position 1 in world exports of lactose.
Export markets for US lactose ( in '000$ )
US' leading export markets for lactose are China, Mexico, New Zealand, Japan and Singapore.
Import/Export Trends
US is a net exporter of lactose. The annual growth of US lactose in value between 2015 to 2019 was -1%, per annum, while annual growth in quantity during the same period was -5%, per annum.
US brought in 3,450 tonnes of lactose in 2019.