China’s import: EU is the main SMP supplier [China's dairy import update]

The European Union is increasing its exports of skimmed milk powder (SMP) to China: in October it is the leading exporter of SMP to China, surpassing New Zealand, which has been the main supplier in the period January – October 2019.

Ireland is leading the climb with an increase in exported quantities of +154.9% in October. Of the SMP imported from China in October, 12% comes from Ireland.

The question remains: is the competitiveness of European SMP price, compared to that of New Zealand, the main driver of this increase?

Overall, China’s dairy imports in October 2019 increased by +7.3% in volume and decreased by -0.5% in value, compared with October 2018. - China's Dairy Import - Jan-Oct 2019 – China’s Dairy Import – Jan-Oct 2019

Global Snapshot, from Home page

Global Snapshot, from Home page

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The 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.

Posted in China, EU, Import, Ireland