Raw milk of cattle — Producer Price in Iceland
Iceland: Raw milk of cattle — Producer Price was 929.5 USD in 2024. ▼ Falling
Raw milk of cattle — Producer Price in Iceland, 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
The most recent figure for raw milk of cattle — producer price in Iceland is 929.5 USD, measured in 2024.
Compared with earlier readings it is up 6.6% on the previous year and up 48.2% over ten years.
Over the whole period, raw milk of cattle — producer price in Iceland peaked at 1,326 USD in 2005 and was at its lowest, 540.3 USD, in 2009.
Iceland ranks 23rd of 126 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 34 years of available data.
Raw milk of cattle — Producer Price in Iceland, year by year
| Year | USD | Change |
|---|---|---|
| 1991 | 821.6 USD | — |
| 1992 | 867.9 USD | +5.6% |
| 1993 | 751.2 USD | -13.4% |
| 1994 | 715.1 USD | -4.8% |
| 1995 | 781.9 USD | +9.3% |
| 1996 | 732.1 USD | -6.4% |
| 1997 | 740.4 USD | +1.1% |
| 1998 | 834.1 USD | +12.7% |
| 1999 | 855.3 USD | +2.5% |
| 2000 | 845.5 USD | -1.1% |
| 2001 | 724.6 USD | -14.3% |
| 2002 | 810.4 USD | +11.8% |
| 2003 | 1,028 USD | +26.8% |
| 2004 | 1,150 USD | +11.9% |
| 2005 | 1,326 USD | +15.2% |
| 2006 | 1,181 USD | -10.9% |
| 2007 | 682.4 USD | -42.2% |
| 2008 | 620.3 USD | -9.1% |
| 2009 | 540.3 USD | -12.9% |
| 2010 | 551.4 USD | +2.1% |
| 2011 | 611.4 USD | +10.9% |
| 2012 | 550.8 USD | -9.9% |
| 2013 | 599.3 USD | +8.8% |
| 2014 | 627.1 USD | +4.6% |
| 2015 | 568.7 USD | -9.3% |
| 2016 | 621 USD | +9.2% |
| 2017 | 754.6 USD | +21.5% |
| 2018 | 770.7 USD | +2.1% |
| 2019 | 715.1 USD | -7.2% |
| 2020 | 682.7 USD | -4.5% |
| 2021 | 770.1 USD | +12.8% |
| 2022 | 799.4 USD | +3.8% |
| 2023 | 872.2 USD | +9.1% |
| 2024 | 929.5 USD | +6.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 788.84 USD | 715.1 USD | 867.9 USD | 9 |
| 2000s | 890.8 USD | 540.3 USD | 1,326 USD | 10 |
| 2010s | 637.01 USD | 550.8 USD | 770.7 USD | 10 |
| 2020s | 810.78 USD | 682.7 USD | 929.5 USD | 5 |
Countries ranked near Iceland
More agriculture & rural data for Iceland
- Agriculture, forestry, and fishing, value added (current US$), annual 19.96 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.0365 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 3,593 current US$ per person (2025)
- Rural population, annual growth rate 0.8983 % change on previous year (2025)
- Rural population, per unit of GDP 0 units per US$ of GDP (2025)
- Rural population, per capita 0.0578 units per person (2025)
- Share of GDP from agriculture 3.7% (2025)
- Agriculture as a share of GDP vs. GDP per capita 3.7% (2025)
- Agricultural raw materials exports 0.5% (2025)
- Agricultural raw materials imports 1.0% (2025)
Frequently asked questions
- What is raw milk of cattle — producer price in Iceland?
- Raw milk of cattle — producer price in Iceland was 929.5 USD 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 1,326 USD in 2005.
- What is the lowest raw milk of cattle — producer price recorded in Iceland?
- The lowest recorded value was 540.3 USD in 2009.
- How does Iceland rank for raw milk of cattle — producer price?
- Iceland ranks 23rd out of 126 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 48.2%. The long-run trend across the full record is falling.
- 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 (USD/tonne). Statizoid updates them automatically from the source API.
Download this data
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About this data
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.