China - Milk - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMilk Prices in China
China Milk Import Price in September 2022
In September 2022, the milk price amounted to $916 per ton (CIF, China), approximately reflecting the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2022 when the average import price increased by 13% against the previous month. As a result, import price attained the peak level of $988 per ton. From May 2022 to September 2022, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In September 2022, the highest price was recorded for prices from New Zealand ($1,099 per ton) and Germany ($893 per ton), while the price for Poland ($742 per ton) and Austria ($780 per ton) were amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by Germany (+1.4%), while the prices for the other major suppliers experienced more modest paces of growth.
China Milk Import Prices by Type
Average prices varied noticeably amongst the major supplied products. In September 2022, the product with the highest price was whole fresh milk ($934 per ton), while the price for skim milk totaled $783 per ton.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by skim milk (+2.1%).
China Milk Imports
In September 2022, overseas purchases of milk increased by 3.1% to 58K tons for the first time since May 2022, thus ending a three-month declining trend. In general, imports, however, continue to indicate a deep reduction. The most prominent rate of growth was recorded in May 2022 when imports increased by 26% m-o-m. Imports peaked at 91K tons in January 2022; however, from February 2022 to September 2022, imports stood at a somewhat lower figure.
In value terms, milk imports amounted to $53M (IndexBox estimates) in September 2022. Over the period under review, imports, however, recorded a abrupt descent. The pace of growth was the most pronounced in May 2022 when imports increased by 20% month-to-month. Over the period under review, imports hit record highs at 80K tons in January 2022; however, from February 2022 to September 2022, imports failed to regain momentum.
China Milk Imports by Type
In September 2022, whole fresh milk (51K tons) constituted the largest type of milk supplied to China, with a 88% share of total imports. Moreover, whole fresh milk exceeded the figures recorded for the second-largest type, skim milk (6.9K tons), sevenfold.
From January 2022 to September 2022, the average monthly rate of growth in terms of the volume of import of whole fresh milk totaled -5.3%.
In value terms, whole fresh milk ($48M) constituted the largest type of milk supplied to China, comprising 90% of total imports. The second position in the ranking was taken by skim milk ($5.4M), with a 10% share of total imports.
China Milk Imports by Country
Germany (18K tons), New Zealand (17K tons) and Poland (11K tons) were the main suppliers of milk imports to China, together accounting for 79% of total imports.
From January 2022 to September 2022, the biggest increases were in Poland (with a CAGR of +6.6%), while purchases for the other leaders experienced a decline.
In value terms, the largest milk suppliers to China were New Zealand ($19M), Germany ($16M) and Poland ($8.2M), with a combined 81% share of total imports.
Among the main suppliers, Poland, with a CAGR of +6.0%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.
This report provides an in-depth analysis of the milk market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 1130 - Camel milk
- FCL 882 - Cow milk, whole (fresh)
- FCL 1020 - Goat milk
- FCL 982 - Sheep milk
- FCL 951 - Buffalo milk
- FCL 888 - Skim Milk of Cows
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals Slaughtered, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the milk market in China.
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This report provides an in-depth analysis of the skim milk market in China.
580
This report provides an in-depth analysis of the whole fresh milk market in China.
605
This report provides an in-depth analysis of the cream fresh market in China.
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This report provides an in-depth analysis of the cream market in China.
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This report provides an in-depth analysis of the global milk market.
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This report provides an in-depth analysis of the global skim milk market.
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This report provides an in-depth analysis of the global whole fresh milk market.
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This report provides an in-depth analysis of the global cream fresh market.
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This report provides an in-depth analysis of the global cream market.
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Skim Milk imports reached a staggering $5.7M in value during June 2023.
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Cream imports to China soared +21% y-o-y to 194K tons in 2020, which equated to $625M. Over the past decade, China boosted cream imports manyfold, from only 7.1K tons or $20M in 2010 to the present figures. New Zealand remains the key cream supplier to China, accounting for 53% of the total Chinese imports in physical terms. In 2020, Spain, Belgium, Germany, Ireland and New Zealand featured the highest growth rates regarding cream export volume to China. Last year, the average cream import price in China grew by +2.5% to $3,216 per ton compared to the figures of 2019.
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Explore the top import markets for milk based on the data provided by the IndexBox platform. Discover the countries with the highest import values for milk in 2022.
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From the shift towards plant-based alternatives to the growing demand for organic and sustainable milk products, the milk market is undergoing significant changes.
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The global milk market reduced to $778.1B in 2021, remaining constant against the previous year.
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Driven by increasing demand worldwide, the milk market is forecast to expand with an anticipated CAGR of +1.7% for the period from 2020 to 2030, which is projected to bring the market volume to 1.2B tons by the end of 2030.
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Germany dominated in the global milk trade in 2014. In 2014, Germany exported X thousand tons of milk totaling X million USD, X% over the previous year. Its primary trading partner was Italy, where it supplied X% of its total milk exports in
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Developing countries are expected to display positive dynamics in per capita consumption of dairy products, due to robust income growth, expanding populations and a further globalization of diets.
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Explore the top import markets for whole fresh milk and their import values. Germany, China, Netherlands, Belgium, Italy, and more lead the global market. Discover key statistics and insights using data from the IndexBox market intelligence platform.
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The global whole fresh milk market is estimated at $798.4B in 2018, an increase of 1.7% from 2017.
