China - Skimmed Milk - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2025

China - Skimmed Milk - Market Analysis, Forecast, Size, Trends and Insights

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Powdered, Condensed Or Evaporated Milk Prices in China

China Powdered, Condensed Or Evaporated Milk Import Price in September 2022

In September 2022, the powdered, condensed or evaporated milk price stood at $4,569 per ton (CIF, China), remaining relatively unchanged against the previous month. Over the period from January 2022 to September 2022, it increased at an average monthly rate of +1.9%. The most prominent rate of growth was recorded in March 2022 an increase of 5.1% m-o-m. The import price peaked at $4,675 per ton in July 2022; however, from August 2022 to September 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was Australia ($5,571 per ton), while the price for Belarus ($3,607 per ton) was amongst the lowest.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by Sweden (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.

China Powdered, Condensed Or Evaporated Milk Import Prices by Type

There were significant differences in the average prices amongst the major supplied products. In September 2022, the product with the highest price was powdered milk ($4,678 per ton), while the price for evaporated and condensed milk totaled $2,007 per ton.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by powdered milk (+2.2%).

China Powdered, Condensed Or Evaporated Milk Imports

In September 2022, approximately 58K tons of powdered, condensed or evaporated milk were imported into China; reducing by -11.9% compared with August 2022. Over the period under review, imports continue to indicate a deep downturn. The most prominent rate of growth was recorded in July 2022 with an increase of 7.2% m-o-m. Over the period under review, imports reached the maximum at 279K tons in January 2022; however, from February 2022 to September 2022, imports stood at a somewhat lower figure.

In value terms, powdered, condensed or evaporated milk imports declined to $264M (IndexBox estimates) in September 2022. In general, imports saw a abrupt decline. The most prominent rate of growth was recorded in April 2022 when imports increased by 9.1% m-o-m. Imports peaked at 1.1M tons in January 2022; however, from February 2022 to September 2022, imports stood at a somewhat lower figure.

China Powdered, Condensed Or Evaporated Milk Imports by Type

In September 2022, powdered milk (55K tons) was the main type of powdered, condensed or evaporated milk supplied to China, with a 96% share of total imports. Moreover, powdered milk exceeded the figures recorded for the second-largest type, evaporated and condensed milk (2.4K tons), more than tenfold.

From January 2022 to September 2022, the average monthly growth rate of the volume of import of powdered milk stood at -18.2%.

In value terms, powdered milk ($259M) constituted the largest type of powdered, condensed or evaporated milk supplied to China, comprising 98% of total imports. The second position in the ranking was held by evaporated and condensed milk ($4.7M), with a 1.8% share of total imports.

China Powdered, Condensed Or Evaporated Milk Imports by Country

In September 2022, New Zealand (27K tons) constituted the largest powdered, condensed or evaporated milk supplier to China, accounting for a 47% share of total imports. Moreover, powdered, condensed or evaporated milk imports from New Zealand exceeded the figures recorded by the second-largest supplier, Australia (7.9K tons), threefold. The United States (5K tons) ranked third in terms of total imports with an 8.6% share.

From January 2022 to September 2022, the average monthly rate of growth in terms of volume from New Zealand stood at -24.3%. The remaining supplying countries recorded the following average monthly rates of imports growth: Australia (-4.5% per month) and the United States (+8.2% per month).

In value terms, New Zealand ($124M) constituted the largest supplier of powdered, condensed or evaporated milk to China, comprising 47% of total imports. The second position in the ranking was held by Australia ($44M), with a 17% share of total imports. It was followed by the United States, with an 8.3% share.

From January 2022 to September 2022, the average monthly growth rate of value from New Zealand stood at -22.9%. The remaining supplying countries recorded the following average monthly rates of imports growth: Australia (-1.7% per month) and the United States (+12.8% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for powdered, condensed or evaporated milk 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 889 - Whole Milk, Condensed
  • FCL 894 - Whole Milk, Evaporated
  • FCL 895 - Skim Milk, Evaporated
  • FCL 896 - Skim Milk, Condensed
  • FCL 897 - Dry Whole Cow Milk
  • FCL 898 - Dry Skim Cow Milk

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND THE AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional EditionPRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and its Prospects

    1. MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    3. TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    4. PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    5. MARKET FORECAST TO 2035
  4. 4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION

    Finding New Products to Diversify Your Business

    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCTS
    4. MOST TRADED PRODUCTS
    5. MOST PROFITABLE PRODUCTS FOR EXPORTS
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Export

    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
    3. IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    2. EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
    3. EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    4. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
    5. Imports, In Physical Terms, By Country, 2012-2024
    6. Imports, In Value Terms, By Country, 2012-2024
    7. Import Prices, By Country, 2012-2024
    8. Exports, In Physical Terms, By Country, 2012-2024
    9. Exports, In Value Terms, By Country, 2012-2024
    10. Exports Prices, By Country, 2012-2024
  12. LIST OF FIGURES

    1. Market Volume, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    2. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
    3. Market Structure – Domestic Supply Vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    4. Market Structure – Domestic Supply Vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    5. Trade Balance, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    6. Trade Balance, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    7. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
    8. Market Volume Forecast to 2035
    9. Market Value Forecast to 2035
    10. Market Size and Growth, by Type
    11. Average Per Capita Consumption, by Type, 2024
    12. Exports and Growth, by Type
    13. Export Prices and Growth, by Type
    14. Production Volume and Growth
    15. Yield and Growth
    16. Exports and Growth
    17. Export Prices and Growth
    18. Market Size and Growth
    19. Per Capita Consumption
    20. Imports and Growth
    21. Import Prices
    22. Production, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    23. Production, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    24. Producing Animals: Historical Data (2012–2024) and Forecast (2025–2035)
    25. Yield: Historical Data (2012–2024) and Forecast (2025–2035)
    26. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    27. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    28. Imports, in Physical Terms, by Country, 2024
    29. Imports, in Physical Terms, by Country, 2012-2024
    30. Imports, in Value Terms, by Country, 2012-2024
    31. Import Prices, by Country, 2012-2024
    32. Exports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    33. Exports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
    34. Exports, in Physical Terms, by Country, 2024
    35. Exports, in Physical Terms, by Country, 2012-2024
    36. Exports, in Value Terms, by Country, 2012-2024
    37. Export Prices, by Country, 2012-2024
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