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China - Dairy Produce - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDairy Produce Price in China - 2023
Contents:
- Dairy Produce Price in China (CIF) - 2022
- Dairy Produce Price in China (FOB) - 2022
- Dairy Produce Imports in China
- Dairy Produce Exports in China
Dairy Produce Price in China (CIF) - 2022
In 2022, the average dairy produce import price amounted to $3,342 per ton, surging by 21% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 37%. The import price peaked at $3,985 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($4,139 per ton), while the price for Poland ($889 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Dairy Produce Price in China (FOB) - 2022
In 2022, the average dairy produce export price amounted to $1,792 per ton, picking up by 2.9% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 41%. Over the period under review, the average export prices hit record highs at $1,886 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Philippines ($4,546 per ton), while the average price for exports to Hong Kong SAR ($1,376 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mongolia (+15.0%), while the prices for the other major destinations experienced more modest paces of growth.
Dairy Produce Imports in China
In 2022, after three years of growth, there was significant decline in overseas purchases of dairy produce, when their volume decreased by -18.4% to 2.4M tons. The total import volume increased at an average annual rate of +3.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 26% against the previous year. As a result, imports reached the peak of 2.9M tons, and then fell markedly in the following year.
In value terms, dairy produce imports reduced to $7.9B in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +14.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 37% against the previous year. As a result, imports reached the peak of $8B, leveling off in the following year.
Import of Dairy Produce in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
New Zealand | 3,382 | 3,550 | 4,790 | 5,109 | 14.7% |
Australia | 531 | 608 | 761 | 764 | 12.9% |
France | 281 | 305 | 411 | 357 | 8.3% |
Germany | 326 | 374 | 485 | 331 | 0.5% |
United States | 61.0 | 99.8 | 196 | 188 | 45.5% |
Poland | 63.4 | 85.3 | 125 | 87.5 | 11.3% |
Others | 682 | 812 | 1,246 | 1,112 | 17.7% |
Total | 5,328 | 5,833 | 8,014 | 7,948 | 14.3% |
Top Suppliers of Dairy Produce to China in 2022:
- New Zealand (1285.3K tons)
- Germany (309.7K tons)
- Australia (248.1K tons)
- Poland (98.4K tons)
- France (90.1K tons)
- United States (45.5K tons)
Dairy Produce Exports in China
Dairy produce exports from China expanded significantly to 39K tons in 2022, surging by 8% compared with the previous year's figure. The total export volume increased at an average annual rate of +2.7% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, dairy produce exports rose sharply to $70M in 2022. The total export value increased at an average annual rate of +10.6% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 25% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
Export of Dairy Produce in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Hong Kong SAR | 33.1 | 37.9 | 39.8 | 42.0 | 8.3% |
Philippines | 4.7 | 1.2 | 3.1 | 5.9 | 7.9% |
Mongolia | N/A | N/A | N/A | 4.7 | 0% |
Democratic People's Republic of Korea | 3.0 | 0.9 | 7.0 | 4.3 | 12.7% |
Singapore | 3.2 | 3.3 | 3.0 | 2.8 | -4.4% |
Macao SAR | 0.9 | 1.1 | 1.1 | 1.4 | 15.9% |
Myanmar | 1.1 | 0.9 | 0.8 | 1.0 | -3.1% |
Cambodia | N/A | 0.6 | 0.6 | 0.9 | 22.5% |
Others | 5.8 | 4.6 | 7.6 | 6.9 | 6.0% |
Total | 51.7 | 50.5 | 63.0 | 70.0 | 10.6% |
Top Export Markets for Dairy Produce from China in 2022:
- Hong Kong SAR (30.6K tons)
- Democratic People's Republic of Korea (1.4K tons)
- Philippines (1.3K tons)
- Mongolia (1.2K tons)
- Singapore (1.0K tons)
- Myanmar (0.6K tons)
- Cambodia (0.6K tons)
- Macao SAR (0.6K tons)
This report provides an in-depth analysis of the dairy produce 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 888 - Skim Milk of Cows
- FCL 1130 - Camel milk
- FCL 882 - Cow milk, whole (fresh)
- FCL 1020 - Goat milk
- FCL 982 - Sheep milk
- FCL 951 - Buffalo milk
- FCL 897 - Dry Whole Cow Milk
- FCL 898 - Dry Skim Cow Milk
- FCL 889 - Whole Milk, Condensed
- FCL 894 - Whole Milk, Evaporated
- FCL 895 - Skim Milk, Evaporated
- FCL 896 - Skim Milk, Condensed
- FCL 891 - Yoghurt
- FCL 983 - Butter and Ghee of Sheep Milk
- FCL 1022 - Butter of Goat Milk
- FCL 952 - Butter of Buffalo Milk
- FCL 886 - Butter of Cow Milk
- FCL 887 - Ghee from Cow Milk
- FCL 953 - Ghee, from Buffalo Milk
- FCL 901 - Cheese from Whole Cow Milk
- FCL 904 - Cheese from Skimmed Cow Milk
- FCL 905 - Whey Cheese
- FCL 907 - Processed Cheese
- FCL 955 - Cheese of Buffalo Milk
- FCL 984 - Cheese of Sheep Milk
- FCL 1021 - Cheese of Goat Milk
- FCL 885 - Cream, Fresh
- FCL 893 - Buttermilk, Curdled Milk, Acidified Milk
- FCL 899 - Dry Buttermilk
- FCL 892 - Yoghurt, Concentrated or Unconcent
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- 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
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- 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, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the dairy produce market in China.
This report provides an in-depth analysis of the butter and ghee market in China.
This report provides an in-depth analysis of the ghee market in China.
This report provides an in-depth analysis of the butter market in China.
This report provides an in-depth analysis of the market for butter and dairy spreads in China.
This report provides an in-depth analysis of the dairy spread market in China.
This report provides an in-depth analysis of the global dairy produce market.
This report provides an in-depth analysis of the global butter and ghee market.
This report provides an in-depth analysis of the global ghee market.
This report provides an in-depth analysis of the global butter market.
In terms of value, imports of Dairy Produce increased marginally to $620M in June 2023.
During the period analyzed, Butter imports peaked at 101K tons in 2022, before decreasing the following year. In terms of value, the import of Butter declined to $616M in 2023.
Butter imports reached a value of $60M in June 2023.
Explore the top import markets for dairy produce in the world, including Germany, China, France, Italy, and more. Discover key statistics and insights on global dairy imports.
Global butter and ghee consumption amounted to X thousand tons in 2015, remaining constant against the previous year level.
Global butter and ghee exports amounted to X thousand tons in 2015, coming down by -X% against the previous year level.
Global butter and ghee imports amounted to X thousand tons in 2015, descending by -X% against the previous year level.
In 2015, the countries with the highest levels of butter and ghee production were Turkey (X thousand tons), Iran (X thousand tons), Syria (X thousand tons), together accounting for X% of total output.
The global butter and ghee market fluctuated wildly, finally rising from X billion USD in 2007 to X billion USD in 2015.
The market of butter and ghee fluctuated wildly, finally rising from X billion USD in 2007 to X billion USD in 2015. Over the last year, the market dropped by X% in value terms.