China: Milk Market 2025

Milk Market Size in China

After two years of growth, the Chinese milk market decreased by X% to $X in 2022. Overall, consumption, however, recorded a relatively flat trend pattern. Milk consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Milk Production in China

In value terms, milk production amounted to $X in 2022 estimated in export price. In general, the total production indicated a modest increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Milk Exports

Exports from China

In 2022, the amount of milk exported from China expanded to X tons, picking up by X% compared with the previous year's figure. In general, exports, however, saw a slight slump. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, milk exports expanded slightly to $X in 2022. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Hong Kong SAR (X tons) was the main destination for milk exports from China, accounting for a X% share of total exports. It was followed by Cambodia (X tons), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Hong Kong SAR stood at X%.

In value terms, Hong Kong SAR ($X) remains the key foreign market for milk exports from China, comprising X% of total exports. The second position in the ranking was taken by Cambodia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Hong Kong SAR was relatively modest.

Export Prices by Country

The average milk export price stood at $X per ton in 2022, flattening at the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2017 an increase of X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Cambodia ($X per ton), while the average price for exports to Hong Kong SAR amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (X%).

Milk Imports

Imports into China

After four years of growth, overseas purchases of milk decreased by X% to X tons in 2022. Over the period under review, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2021, and then contracted sharply in the following year.

In value terms, milk imports contracted dramatically to $X in 2022. Overall, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then reduced dramatically in the following year.

Imports by Country

Germany (X tons), New Zealand (X tons) and Australia (X tons) were the main suppliers of milk imports to China, together accounting for X% of total imports. Poland, Austria and France lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), New Zealand ($X) and Australia ($X) constituted the largest milk suppliers to China, together accounting for X% of total imports. Poland, Austria and France lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Poland, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average milk import price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of X%. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were New Zealand ($X per ton) and France ($X per ton), while the price for Poland ($X per ton) and Austria ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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