China - Whey - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWhey Prices in China
China Whey Import Price in September 2022
In September 2022, the whey price amounted to $1,501 per ton (CIF, China), shrinking by -8.5% against the previous month. In general, the import price continues to indicate a mild reduction. The most prominent rate of growth was recorded in May 2022 when the average import price increased by 8.2% month-to-month. The import price peaked at $1,659 per ton in June 2022; however, from July 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 France ($2,373 per ton), while the price for the United States ($957 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 Argentina (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.
China Whey Imports
In September 2022, purchases abroad of whey decreased by -0.3% to 63K tons for the first time since May 2022, thus ending a three-month rising trend. In general, total imports indicated a resilient expansion from January 2022 to September 2022: its volume increased at an average monthly rate of +7.4% over the last eight months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, imports increased by +85.4% against February 2022 indices. The growth pace was the most rapid in April 2022 with an increase of 23% m-o-m. Over the period under review, imports reached the peak figure at 63K tons in August 2022, and then declined in the following month.
In value terms, whey imports shrank to $94M (IndexBox estimates) in September 2022. Overall, total imports indicated a resilient expansion from January 2022 to September 2022: its value increased at an average monthly rate of +6.2% over the last eight-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, imports increased by +77.6% against February 2022 indices. The growth pace was the most rapid in April 2022 with an increase of 21% month-to-month. Over the period under review, imports reached the peak figure at 103K tons in August 2022, and then fell in the following month.
China Whey Imports by Country
In September 2022, the United States (34K tons) constituted the largest supplier of whey to China, accounting for a 54% share of total imports. Moreover, whey imports from the United States exceeded the figures recorded by the second-largest supplier, Belarus (5.3K tons), sixfold. Poland (5.2K tons) ranked third in terms of total imports with an 8.4% share.
From January 2022 to September 2022, the average monthly rate of growth in terms of volume from the United States amounted to +10.5%. The remaining supplying countries recorded the following average monthly rates of imports growth: Belarus (+8.2% per month) and Poland (+24.8% per month).
In value terms, the United States ($32M) constituted the largest supplier of whey to China, comprising 34% of total imports. The second position in the ranking was held by the Netherlands ($9.7M), with a 10% share of total imports. It was followed by France, with a 7.5% share.
From January 2022 to September 2022, the average monthly growth rate of value from the United States stood at +8.8%. The remaining supplying countries recorded the following average monthly rates of imports growth: the Netherlands (+6.3% per month) and France (+0.1% per month).
This report provides an in-depth analysis of the whey 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 890 - Whey, Condensed
- FCL 900 - Dry Whey
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.
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND THE AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDSThis Chapter is Available Only for the Professional EditionPRO
3. MARKET OVERVIEW
Understanding the Current State of The Market and its Prospects
- MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET FORECAST TO 2035
4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION
Finding New Products to Diversify Your Business
- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCTS
- MOST TRADED PRODUCTS
- MOST PROFITABLE PRODUCTS FOR EXPORTS
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Export
- 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 VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024
LIST OF FIGURES
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Volume Forecast to 2035
- Market Value Forecast to 2035
- Market Size and Growth, By Product
- Average Per Capita Consumption, By Product
- Exports and Growth, By Product
- Export Prices and Growth, By Product
- Production Volume 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: Historical Data (2012–2024) and Forecast (2025–2035)
- Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024
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This report provides an in-depth analysis of the whey market in China.
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This report provides an in-depth analysis of the global whey market.
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This report provides an in-depth analysis of the whey market in China.
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This report provides an in-depth analysis of the global whey market.
749
In August 2022, the whey price per ton stood at $1.6K (CIF, China), picking up by 1.6% against the previous month.
1147
China’s whey imports continue to grow steadily. Over the past decade, imports rose twofold, from 263K tons in 2010 to 622K tons in 2020. Last year, China’s whey imports soared by +38% y-o-y in physical terms. In value terms, the supplies to China grew from $598M in 2019 to $810M in 2020. Major whey suppliers, namely the U.S., Belarus and the Netherlands, expanded export volume to China by more than 50% over the past year. The average whey import price in China stood at $1,301 per ton in 2020.
215
The whey market is projected to see continuous growth over the next seven years, with an expected increase in consumption and market value. By 2030, the market volume is forecasted to reach 20M tons, and the market value is projected to reach $27B.
169
Explore the top import markets for whey in 2023, including China, Netherlands, Indonesia, and more. Learn about the growing global demand for whey and its applications in various industries.
749
In August 2022, the whey price per ton stood at $1.6K (CIF, China), picking up by 1.6% against the previous month.
1147
China’s whey imports continue to grow steadily. Over the past decade, imports rose twofold, from 263K tons in 2010 to 622K tons in 2020. Last year, China’s whey imports soared by +38% y-o-y in physical terms. In value terms, the supplies to China grew from $598M in 2019 to $810M in 2020. Major whey suppliers, namely the U.S., Belarus and the Netherlands, expanded export volume to China by more than 50% over the past year. The average whey import price in China stood at $1,301 per ton in 2020.
215
The whey market is projected to see continuous growth over the next seven years, with an expected increase in consumption and market value. By 2030, the market volume is forecasted to reach 20M tons, and the market value is projected to reach $27B.
169
Explore the top import markets for whey in 2023, including China, Netherlands, Indonesia, and more. Learn about the growing global demand for whey and its applications in various industries.
