EU raises the bar of Cream export to China

The European Union Cream exports to China hit a record: 7,312 tons in September 2017, resulting in a 197.8% increase over September 2016 and an increase of 21% in the period January-September 2017 .
Overall, the EU exported 138,211 tons of Cream in January-September (+ 21.2%) and 16,378 tons only in September (+ 23.1%).

EU-28 exports in September 2017 compared to September 2016 increased in volumes also for infant milk formula (+14.9%), SMP (+14.4%); WMP (+4.3%)
while decreased for whey (-3.9%); cheese (-8.2%); liquid milk(-8.6%), butter (-21.4%)

The unit prices of exports increased for: butter (+35.8%); whey (+25.2%); WMP (+24.5%); cream (+14.5%); liquid milk(+13.6%); cheese (+10.2%); SMP (+7.4%) while decreased for infant milk formula (-4.6%)

From January to September 2017 y-o-y EU milk deliveries increased by 0,49% (572,369 Tons) and Extra-EU exports of cheese, milk powders, butter, condensed milk, liquid milk and yogurt in “milk equivalent” increased by 16.84% (2,195,005 Tons)

The value of exports was 12,005 Mio €; the value of imports was 543 Mio €, so the commercial balance is positive (trade surplus: 11,461 Mio €)

EU-28: dairy products Export year-to-date (September)
  QUANTITY (Tons) VALUE (’000 EUR)
2016 2017 ± on 2016 2016 2017 ± on 2016
Infant milk formula 346.681 394.709 +13,9% 2.919.779 3.250.752 +11,3%
Cheese 596.501 626.554 +5,0% 2.656.904 2.977.980 +12,1%
SMP 433.364 608.900 +40,5% 841.174 1.290.679 +53,4%
WMP 304.723 311.200 +2,1% 867.617 1.071.532 +23,5%
Whey Powder 486.007 489.610 +0,7% 602.143 728.149 +20,9%
Butter 171.072 138.526 -19,0% 668.741 724.006 +8,3%
Milk and cream 812.472 751.208 -7,5% 617.742 689.335 +11,6%
of which:    
- Liquid milk 698.405 612.997 -12,2% 375.648 368.379 -1,9%
- Cream 114.067 138.211 +21,2% 242.094 320.956 +32,6%
Condensed Milk 206.523 245.586 +18,9% 323.908 410.299 +26,7%
Yogurt and buttermilk 126.693 140.274 +10,7% 223.718 259.803 +16,1%
Caseinates 67.658 48.329 -28,6% 185.577 214.727 +15,7%
Casein 32.757 31.706 -3,2% 177.796 191.088 +7,5%
Lactose Pharmaceutical 122.170 146.221 +19,7% 140.649 189.139 +34,5%
Other products* 8.310 9.102 +9,5% 7.408 7.151 -3,5%
TOTAL EXPORT 3.714.931 3.941.926 +6,1% 10.233.156 12.004.640 +17,3%
* Other products: Lactose edible
Data processed by Clal based on GTIS source.
VALUE (Mio EUR) 2014 2015 2016 year-to-date (September)
2016 2017 ± on 2016
Export (E) 14.500 13.811 13.895 10.279 12.005 +16,8%
Import (I) 1.010 846 822 603 543 -9,9%
Balance (E – I) 13.490 12.965 13.073 9.677 11.461  

EU-28: CREAM EXPORT
Main IMPORTERS of 2017
Period: January-September
Ton Share
2017
2015 2016 2017 % on
2016
TOTAL   92.220 114.067 138.211 +21%
China 36% 21.862 30.058 50.066 +67%
Korea, South 9% 3.519 13.118 13.127 +0%
Saudi Arabia 8% 12.786 11.629 11.348 -2%
Taiwan 5% 5.422 6.475 6.526 +1%
Angola 4% 6.931 4.444 6.192 +39%
United Arab Emirates 4% 5.147 5.262 6.115 +16%
Hong Kong 3% 4.087 4.268 4.637 +9%
Lebanon 2% 2.248 2.416 2.664 +10%
Bosnia & Herzegovina 2% 2.394 3.555 2.447 -31%
Singapore 2% 2.024 2.197 2.364 +8%

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CLAL.it - EU-28: Monthly export of Cream to China

CLAL.it – EU-28: Monthly export of Cream to China

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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.

Posted in Dairy export, EU