The U.S. lactose exports prices soar

Published 2021년 8월 12일

Tridge summary

The U.S. is the world's leading supplier of lactose and lactose syrup, accounting for 36% of global exports, with China, New Zealand, and Japan being the main importers. In 2020, U.S. lactose exports remained steady in volume but saw an 8% increase in value. The average export price rose by 8.3% to $1,045 per tonne. The most significant price growth was recorded for supplies to Vietnam. The main destinations of U.S. lactose exports were China, New Zealand, and Japan, accounting for 41% of total exports. In value terms, China, New Zealand, and Japan were the largest markets for U.S. lactose exports.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

IndexBox has just published a new report: ‘U.S. – Lactose And Lactose Syrup – Market Analysis, Forecast, Size, Trends and Insights’. Here is a summary of the report’s key findings. The U.S. remains the leading supplier of lactose and lactose syrup with a 36%-share in global exports. While the volume of lactose shipments from the U.S. was almost unchanged from the previous year, exports in value terms jumped by 8% to $396, as the average exports price has significantly risen. Despite the trade tensions, China remains the key importer of lactose from the U.S., followed by New Zealand and Japan. The U.S. remains the largest exporter of lactose and lactose syrup worldwide, accounting for 36% of the global exports. In 2020, lactose exports from the U.S. fell modestly to 379K tonnes, standing approx. at the year before. In value terms, lactose exports expanded rapidly by +8.2% to $396M (IndexBox estimates) in 2020. Related Content: In 2020, the average lactose export price amounted to ...

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