Global Packaging Machinery Market
What is Papua New Guinea's lactose import value (1000 usd)? As of 2023, it's 38 1000 USD, up from 1 1000 USD in 2016.
| Label | Lactose Import value (1000 USD) |
|---|---|
| 2016 | 1 1000 USD |
| 2017 | 7 1000 USD |
| 2018 | 3 1000 USD |
| 2020 | 300 1000 USD |
| 2021 | 93 1000 USD |
| 2022 | 55 1000 USD |
| 2023 | 38 1000 USD |
Data Source: Food and Agriculture Organization (FAO) and Wantstats Repository
Multiple direction changes over the period mean any two-point comparison — say, first year to last — is likely to be misleading on its own. The middle years matter just as much.
Like most indicator series of this kind, the Papua New Guinea numbers here are compiled from periodic surveys and filled in with modeling for the years between — read the shape of the trend, hold individual annual figures loosely.
The source simply doesn't have a reading for every year in this range — the 2018-to-2020 jump skips real missing years, worth keeping in mind before assuming a smooth path between them.
At these volumes, this trade flow often comes down to a handful of shipments or trading partners. A big single-year swing is more likely one contract or one buyer's order than a broad economic trend.
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