What is the price of milk & cream in Australia?

As of January 2025, milk & cream in Australia is US$ 1.29 per kg (1.94 AUD), sourced from UN Comtrade (unit value).

Milk & Cream Price in Australia - June 2026 Market Prices (Updated Monthly)

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Current Milk & Cream Prices in Australia
Milk & Cream Price History & Trend
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Milk & Cream Prices in Australia

US$ 1.29 / kg

1.94 AUD / kg

MoM ▲ 4.7% YoY ▲ 4.7%

Checked: Jun 9, 2026

Price as of: January 2025

Source: UN Comtrade (unit value)

Variety	Market level	Price (US$/kg)	Local (AUD)	MoM	YoY	Source
-	Export (unit value)	1.29	1.94	▲ 4.7%	▲ 4.7%	UN Comtrade (unit value)

As of June 2026, the milk & cream price in Australia available is US$ 1.29 per kg (1.94 AUD), up 4.7% year-on-year.

Australia exported US$203.1 million of milk & cream in 2024, totaling 164,988 tonnes and ranking #18 among 113 exporters with a 1.6% share of global exports. Export volume declined by 6.4% year-on-year. The latest export unit value is US$1.2884 per kg. Australia is a net exporter of milk & cream (HS code 0401).

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Milk & Cream Price History & Trend

We are building a dedicated milk & cream price series for Australia history. The trend line shown is the closest commodity benchmark, for reference only.

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Use this data freely with attribution to Selina Wamucii.

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Production, Exports, Imports & HS Codes - milk & cream in Australia

Exports UN Comtrade · 2024

In 2024, Australia exported $203.1M (165 kt) of milk & cream▼ 6.4% YoY. That ranks #18 worldwide (1.6% of global exports).

$203.1M

Export value

165 kt

Export volume

#18 / 113

World rank

1.6%

Global share

$1.23

Avg export price / kg

Export value by year (US$)

Export volume by year

Top milk & cream exporters worldwide UN Comtrade · 2024

#1 Germany $1.67B · 13.5%
#2 Netherlands $1.43B · 11.6%
#3 Belgium $1.21B · 9.8%
#4 France $939.8M · 7.6%
#5 New Zealand $938.7M · 7.6%

Annual export data Australia · UN Comtrade

Year	Export value (US$)	Volume	Avg price/kg
2024	$203.1M	165 kt	$1.23
2023	$216.9M	203.4 kt	$1.07
2022	$248.8M	-	-
2021	$269.5M	396.9 kt	$0.68
2020	$236.9M	262.4 kt	$0.9

HS Code

milk & cream is traded under Harmonized System code 0401. Trade figures above are compiled for this HS heading.

Sources: trade & HS - UN Comtrade. Values are official reported figures.

Australia milk & cream - Production, Exports, Imports, Seasons and HS Codes

The volume of milk & cream shipped by Australia in 2020 was 500,935 metric tons. In 2019 Australia exported 482,501 tonnes of milk & cream. Across 2019 alone, the demand for Australia milk & cream (processed category) has gone up, recording a change of 1.041 pc compared to the year 2018. Between 2017 and 2019, milk & cream's exports increased by 2.39% netting the country US$892.54m for the year 2019. Australia's milk & cream exports are categorised as:

Milk and cream in solid forms, of a fat content by weight of > 1,5%, sweetened (HS code 040229)
Products consisting of natural milk constituents, whether or not sweetened, n.e.s. (HS code 040490)
Milk and cream in solid forms, of a fat content by weight of <= 1,5% (HS code 040210)
Milk and cream in solid forms, of a fat content by weight of > 1,5%, unsweetened (HS code 040221)
Milk and cream of a fat content by weight of > 10%, not concentrated nor containing added sugar or other sweetening matter (HS code 040150)
Milk and cream, concentrated and sweetened (excluding in solid forms) (HS code 040299)
Milk and cream, concentrated but unsweetened (excluding in solid forms) (HS code 040291)
Milk and cream of a fat content by weight of <= 1%, not concentrated nor containing added sugar or other sweetening matter (HS code 040110)
Milk and cream of a fat content by weight of > 6% but <= 10%, not concentrated nor containing added sugar or other sweetening matter (HS code 040140)
Milk and cream of a fat content by weight of > 6%, not concentrated nor containing added sugar or other sweetening matter (HS code 040130)
Milk and cream of a fat content by weight of > 1% but <= 6%, not concentrated nor containing added sugar or other sweetening matter (HS code 040120)

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Australia milk & cream export values

In 2019, Australia shipped milk & cream valued at 892.54m USD, a drop of -2.20% from 2018's total milk & cream export of 912.629m USD. The annual change in value of Australia milk & cream between 2017 to 2018 was -0.31327246%.

The annual/yearly change in the amount of Australia's milk & cream exports between 2017 and 2019 was 2.39% in comparison to a variation of 1.041% in the period between 2018 and 2019.

Export markets for Australia milk & cream ( in '000$ )

Australia's top destinations for milk & cream are New Zealand, China, Cambodia, Kuwait and Vietnam.

Australia ordered 63,912 tonnes of milk & cream in 2019.

Other Processed Prices in Australia

Latest prices for other processed in Australia:

Natural Honey$7.24/kg Cotton$2.71/kg Molasses$0.16/kg Wheat flour$0.15/kg Canola Oil$1.09/kg Raw Hides & Skins$1.07/kg Butter$7.45/kg Chocolate$4.29/kg Coffee$9.67/kg Sugar$0.85/kg Natural Rubber$7.38/kg Cocoa Beans$7.24/kg Kelp$67.63/kg Cheese$5.30/kg Coconut oil$2.24/kg

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