Raw milk of cattle — Producer Price in New Zealand

New Zealand: Raw milk of cattle — Producer Price was 652 LCU in 2024. ▲ Rising

Latest (2024)
652 LCU
Change on year
down 3.6%
World rank
100th
of 129 countries
All-time high
767 LCU
in 2022
All-time low
196 LCU
in 1991
Years of data
34
1991–2024

Raw milk of cattle — Producer Price in New Zealand, 1991–2024

2004006008001991200720241991: 196 LCU1992: 270 LCU1993: 296 LCU1994: 269 LCU1995: 282 LCU1996: 324 LCU1997: 296 LCU1998: 277 LCU1999: 290 LCU2000: 309 LCU2001: 410 LCU2002: 434 LCU2003: 301 LCU2004: 350 LCU2005: 380 LCU2006: 340 LCU2007: 377 LCU2008: 633 LCU2009: 426 LCU2010: 523 LCU2011: 648 LCU2012: 526 LCU2013: 504 LCU2014: 696 LCU2015: 382 LCU2016: 351 LCU2017: 527 LCU2018: 575 LCU2019: 545 LCU2020: 588 LCU2021: 614 LCU2022: 767 LCU2023: 676 LCU2024: 652 LCU

Source: Food and Agriculture Organization of the United Nations. Measured in LCU.

Analysis

In 2024, raw milk of cattle — producer price in New Zealand stood at 652 LCU.

The figure is down 3.6% on the previous year and down 6.3% over ten years.

Over the whole period, raw milk of cattle — producer price in New Zealand peaked at 767 LCU in 2022 and was at its lowest, 196 LCU, in 1991.

That places New Zealand 100th out of 129 countries with data for 2024, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 34 years of available data.

Raw milk of cattle — Producer Price in New Zealand, year by year

Annual values for Raw milk of cattle — Producer Price (LCU/tonne) in New Zealand, 1991 to 2024.
Year LCU Change
1991 196 LCU
1992 270 LCU +37.8%
1993 296 LCU +9.6%
1994 269 LCU -9.1%
1995 282 LCU +4.8%
1996 324 LCU +14.9%
1997 296 LCU -8.6%
1998 277 LCU -6.4%
1999 290 LCU +4.7%
2000 309 LCU +6.6%
2001 410 LCU +32.7%
2002 434 LCU +5.9%
2003 301 LCU -30.6%
2004 350 LCU +16.3%
2005 380 LCU +8.6%
2006 340 LCU -10.5%
2007 377 LCU +10.9%
2008 633 LCU +67.9%
2009 426 LCU -32.7%
2010 523 LCU +22.8%
2011 648 LCU +23.9%
2012 526 LCU -18.8%
2013 504 LCU -4.2%
2014 696 LCU +38.1%
2015 382 LCU -45.1%
2016 351 LCU -8.1%
2017 527 LCU +50.1%
2018 575 LCU +9.1%
2019 545 LCU -5.2%
2020 588 LCU +7.9%
2021 614 LCU +4.4%
2022 767 LCU +24.9%
2023 676 LCU -11.9%
2024 652 LCU -3.6%

New Zealand compared with similar countries

  • New Zealand's 652 LCU is below the median for high income countries, which is 744.9 LCU, 88% of the median. (48 countries reporting)
  • New Zealand's 652 LCU is below the median for East Asia & Pacific, which is 63,172 LCU, 1% of the median. (12 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 277.78 LCU 196 LCU 324 LCU 9
2000s 396 LCU 301 LCU 633 LCU 10
2010s 527.7 LCU 351 LCU 696 LCU 10
2020s 659.4 LCU 588 LCU 767 LCU 5

Countries ranked near New Zealand

  1. 97 Bosnia and Herzegovina 905 LCU compare
  2. 98 Puerto Rico 837.8 LCU compare
  3. 99 Azerbaijan 780 LCU compare
  4. 101 Switzerland 650 LCU compare
  5. 102 Cyprus 645 LCU compare
  6. 103 El Salvador 627 LCU compare

See the full ranking of 139 places →

More agriculture & rural data for New Zealand

All data for New Zealand →

Frequently asked questions

What is raw milk of cattle — producer price in New Zealand?
Raw milk of cattle — producer price in New Zealand was 652 LCU in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest raw milk of cattle — producer price recorded in New Zealand?
The highest recorded value was 767 LCU in 2022.
What is the lowest raw milk of cattle — producer price recorded in New Zealand?
The lowest recorded value was 196 LCU in 1991.
How does New Zealand rank for raw milk of cattle — producer price?
New Zealand ranks 100th out of 129 countries with data for 2024.
Is raw milk of cattle — producer price rising or falling in New Zealand?
Over the last ten years it is down 6.3%. The long-run trend across the full record is rising.
Where does this New Zealand data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Raw milk of cattle — Producer Price (LCU/tonne). Statizoid updates them automatically from the source API.

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Raw milk of cattle — Producer Price in New Zealand. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 17 September 2026, from https://agriculture.statizoid.com/stat/raw-milk-of-cattle-producer-price-lcu-tonne-2/new-zealand/

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About this data

Indicator
Raw milk of cattle — Producer Price (LCU/tonne)
Unit
LCU
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
139 places, 3,371 data points, 1991–2025
Last refreshed

This sub-domain contains data on agriculture producer prices and the producer price index. Agriculture producer prices are prices received by farmers for primary crops, live animals and livestock primary products as collected at the point of initial sale (prices paid at the farm gate). Annual data are provided from 1991 (while mothly data start in January 2010) for 180 countries and 212 products. The producer price index is the index of agricultural producer prices that measures the average annual change over time in the selling prices received by farmers (prices at the farm gate or at the first point of sale). The three categories of producer price index available in FAOSTAT comprise: single-item price index, commodity group index and the agriculture producer price index.