Fijians can anticipate an increase in the price of powdered milk over the next few months, according to the Fijian Competition and Consumer Commission (FCCC). Their research indicates a significant rise in the cost of powdered milk imported from New Zealand. FCCC Chief Executive Officer Senikavika Jiuta elaborated that the global dairy market’s demand, particularly from China—which saw an 18% increase in dairy imports year-on-year by late 2024—has affected local prices.
Recent shipments show that the cost per kilogram of powdered milk has risen from NZD $7.00 to $7.65, representing a 9% increase. This surge has been attributed to supply disruptions and inflation pressures within Fiji. Currently, a 400g pack of powdered milk retails for about $5.49 in Fiji, but this figure is expected to exceed $6.00 soon.
To protect consumers from the potential impacts of these rising costs, Jiuta emphasized that the FCCC is closely monitoring market trends, ensuring price adjustments are made transparently and fairly. She encourages consumers to explore different brands and products to secure the best value during this time.
This increase in powdered milk prices reflects wider trends in the global market and emphasizes the importance of consumer awareness and adaptability. The FCCC’s proactive stance indicates a commitment to transparency and consumer protection, which may help alleviate some concerns as the situation develops. While price increases can be challenging, they also invite consumers to make informed choices that can lead to better economic outcomes.
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