Chinese import of packaged milk still rising, but… at which prices?

VOLUMES:

China imports in OCTOBER 2016 compared to October 2015 increased in volumes for:

  • Packaged milk (+24.6%)
  • Cheese (+39.1%)
  • Infant milk formula (+31.3%)
  • SMP (+14.0%)
  • Whey Powder (+9.0%)

decreased for:

  • Cream (-7.2%)
  • WMP (-10.7%)
  • Butter (-18.7%)

UNIT PRICES:

The unit prices of China imports in OCTOBER 2016 compared to October 2015 increased for:

  • Cream (+51.1%)
  • Butter (+11.3%)

decreased for:

  • Packaged milk (-5.6%)
  • Cheese (-1.4%)
  • WMP (-2.1%)
  • Infant milk formula (-2.6%)
  • Whey Powder (-3.7%)
  • SMP (-14.8%)

The main Exporters of Bulk and pack. milk in the first 10 months of 2016 (year over year) were:

  • Germany export, accounting for 39% of market share, increased by 18.6%
  • France export, accounting for 16% of market share, increased by 561.2%
  • New Zealand export, accounting for 16% of market share, increased by 86%
  • Australia export, accounting for 12% of market share, increased by 20.6%
  • Poland export, accounting for 4% of market share, increased by 83.8%

VOLUMES:

China imports in OCTOBER 2016 compared to October 2015 increased in volumes for:

  • Packaged milk (+24.6%)
  • Cheese (+39.1%)
  • Infant milk formula (+31.3%)
  • SMP (+14.0%)
  • Whey Powder (+9.0%)

decreased for:

  • Cream (-7.2%)
  • WMP (-10.7%)
  • Butter (-18.7%)

UNIT PRICES:

The unit prices of China imports in OCTOBER 2016 compared to October 2015 increased for:

  • Cream (+51.1%)
  • Butter (+11.3%)

decreased for:

  • Packaged milk (-5.6%)
  • Cheese (-1.4%)
  • WMP (-2.1%)
  • Infant milk formula (-2.6%)
  • Whey Powder (-3.7%)
  • SMP (-14.8%)
CHINA: dairy products Import year-to-date (October)
  QUANTITY (Tons) VALUE (’000 USD)
2015 2016 ± on 2015 2015 2016 ± on 2015
Infant milk formula 136.770 174.052 +27,3% 1.890.375 2.375.243 +25,6%
WMP 299.851 355.128 +18,4% 844.631 898.295 +6,4%
Milk and cream 347.629 523.918 +50,7% 375.880 531.535 +41,4%
of which:    
- Packaged milk 303.763 451.602 +48,7% 260.005 335.080 +28,9%
- Cream 43.866 72.316 +64,9% 115.876 196.455 +69,5%
Whey Powder 357.487 411.905 +15,2% 455.559 366.104 -19,6%
SMP 172.805 161.155 -6,7% 458.013 344.327 -24,8%
Cheese 60.857 78.370 +28,8% 284.253 338.071 +18,9%
Butter 55.717 69.028 +23,9% 215.420 254.108 +18,0%
Other products* 104.372 118.021 +13,1% 226.610 208.960 -7,8%
TOTAL IMPORT 1.535.488 1.891.576 +23,2% 4.750.741 5.316.643 +11,9%
* Other products: Caseinates, Lactose Pharmaceutical, Yogurt and buttermilk, Condensed Milk, Lactose edible
Data processed by Clal based on GTIS source.

China: PACKAGED MILK IMPORT
Main EXPORTERS of 2016
Period: January-October
Ton Share
2016
2014 2015 2016 % on
2015
TOTAL   239.446 303.763 451.602 +49%
Germany 39% 105.985 146.893 174.221 +19%
France 16% 21.694 11.245 74.357 +561%
New Zealand 16% 26.705 39.104 72.736 +86%
Australia 12% 31.295 46.317 55.858 +21%
Poland 4% 6.214 9.189 16.889 +84%

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CLAL.it - China: monthly import of packaged milk (quantity and prices)

CLAL.it – China: monthly import of packaged milk (quantity and prices)

CLAL.it – China: Total Import in Milk Equivalent (ME) by region of origin (year-to-date)

CLAL.it – China: Total Import in Milk Equivalent (ME) by region of origin (year-to-date)

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CLAL Team
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The CLAL.it team is composed of young people who with the help of Computer Science study the dairy market and develop tools to provide the Operators of the dairy sector with a comprehensive real-time view of the national and international market trends.

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