Raw milk of cattle — Producer Price in Iceland

Iceland: Raw milk of cattle — Producer Price was 128,233 SLC in 2024. ▲ Rising

Latest (2024)
128,233 SLC
Change on year
up 6.6%
World rank
25th
of 129 countries
All-time high
128,233 SLC
in 2024
All-time low
43,710 SLC
in 2007
Years of data
34
1991–2024

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

40.0k60.0k80.0k100.0k120.0k1991200720241991: 48.5k SLC1992: 49.9k SLC1993: 50.8k SLC1994: 50.0k SLC1995: 50.6k SLC1996: 48.7k SLC1997: 52.5k SLC1998: 59.2k SLC1999: 61.9k SLC2000: 66.5k SLC2001: 70.6k SLC2002: 74.3k SLC2003: 78.8k SLC2004: 80.7k SLC2005: 83.5k SLC2006: 82.9k SLC2007: 43.7k SLC2008: 54.5k SLC2009: 66.8k SLC2010: 67.4k SLC2011: 70.9k SLC2012: 68.9k SLC2013: 73.2k SLC2014: 73.2k SLC2015: 75.0k SLC2016: 75.0k SLC2017: 80.6k SLC2018: 83.5k SLC2019: 87.7k SLC2020: 92.5k SLC2021: 97.8k SLC2022: 108.1k SLC2023: 120.3k SLC2024: 128.2k SLC

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

Analysis

Iceland recorded 128,233 SLC for raw milk of cattle — producer price in 2024. That is the highest value across all 34 years on record.

That represents a change of up 6.6% on the previous year and up 75.1% over ten years.

Over the whole period, raw milk of cattle — producer price in Iceland peaked at 128,233 SLC in 2024 and was at its lowest, 43,710 SLC, in 2007.

That places Iceland 25th out of 129 countries with data for 2024, putting it in the top quarter.

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

Raw milk of cattle — Producer Price in Iceland, year by year

Annual values for Raw milk of cattle — Producer Price (SLC/tonne) in Iceland, 1991 to 2024.
Year SLC Change
1991 48,469 SLC
1992 49,942 SLC +3.0%
1993 50,785 SLC +1.7%
1994 50,019 SLC -1.5%
1995 50,581 SLC +1.1%
1996 48,682 SLC -3.8%
1997 52,500 SLC +7.8%
1998 59,186 SLC +12.7%
1999 61,870 SLC +4.5%
2000 66,470 SLC +7.4%
2001 70,590 SLC +6.2%
2002 74,280 SLC +5.2%
2003 78,850 SLC +6.2%
2004 80,740 SLC +2.4%
2005 83,490 SLC +3.4%
2006 82,860 SLC -0.8%
2007 43,710 SLC -47.2%
2008 54,550 SLC +24.8%
2009 66,800 SLC +22.5%
2010 67,400 SLC +0.9%
2011 70,890 SLC +5.2%
2012 68,890 SLC -2.8%
2013 73,220 SLC +6.3%
2014 73,220 SLC +0.0%
2015 75,022 SLC +2.5%
2016 75,022 SLC +0.0%
2017 80,620 SLC +7.5%
2018 83,462 SLC +3.5%
2019 87,674 SLC +5.0%
2020 92,459 SLC +5.5%
2021 97,789 SLC +5.8%
2022 108,136 SLC +10.6%
2023 120,319 SLC +11.3%
2024 128,233 SLC +6.6%

Averages by decade

DecadeAverage LowestHighest Years
1990s 52,448 SLC 48,469 SLC 61,870 SLC 9
2000s 70,234 SLC 43,710 SLC 83,490 SLC 10
2010s 75,542 SLC 67,400 SLC 87,674 SLC 10
2020s 109,387 SLC 92,459 SLC 128,233 SLC 5

Countries ranked near Iceland

  1. 22 Pakistan 163,477 SLC compare
  2. 23 Jamaica 154,800 SLC compare
  3. 24 Cameroon 150,000 SLC compare
  4. 26 Japan 122,200 SLC compare
  5. 27 Guyana 120,000 SLC compare
  6. 27 New Caledonia 120,000 SLC compare

See the full ranking of 139 places →

More agriculture & rural data for Iceland

All data for Iceland →

Frequently asked questions

What is raw milk of cattle — producer price in Iceland?
Raw milk of cattle — producer price in Iceland was 128,233 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest raw milk of cattle — producer price recorded in Iceland?
The highest recorded value was 128,233 SLC in 2024.
What is the lowest raw milk of cattle — producer price recorded in Iceland?
The lowest recorded value was 43,710 SLC in 2007.
How does Iceland rank for raw milk of cattle — producer price?
Iceland ranks 25th out of 129 countries with data for 2024.
Is raw milk of cattle — producer price rising or falling in Iceland?
Over the last ten years it is up 75.1%. The long-run trend across the full record is rising.
Where does this Iceland 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 (SLC/tonne). Statizoid updates them automatically from the source API.

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Raw milk of cattle — Producer Price in Iceland. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 11 September 2026, from https://agriculture.statizoid.com/stat/raw-milk-of-cattle-producer-price-slc-tonne/iceland/

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About this data

Indicator
Raw milk of cattle — Producer Price (SLC/tonne)
Unit
SLC
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
139 places, 3,299 data points, 1991–2024
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.