China - Skim Powdered Milk - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSkim Powdered Milk Price in China - 2023
Contents:
- Skim Powdered Milk Price in China (CIF) - 2023
- Skim Powdered Milk Price in China (FOB) - 2022
- Skim Powdered Milk Imports in China
- Skim Powdered Milk Exports in China
Skim Powdered Milk Price in China (CIF) - 2023
In September 2023, the average skim powdered milk import price amounted to $3,189 per ton, with an increase of 1.5% against the previous month. Overall, the import price, however, recorded a pronounced setback. The import price peaked at $4,467 per ton in September 2022; however, from October 2022 to September 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Australia ($4,543 per ton), while the price for Belarus ($1,857 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Australia (-0.5%), while the prices for the other major suppliers experienced a decline.
Skim Powdered Milk Price in China (FOB) - 2022
In 2022, the average skim powdered milk export price amounted to $3,710 per ton, with an increase of 20% against the previous year. Over the period under review, the export price, however, saw a perceptible shrinkage. The growth pace was the most rapid in 2017 an increase of 66%. The export price peaked at $4,816 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were the Philippines ($4,049 per ton) and Egypt ($3,984 per ton), while the average price for exports to Vietnam ($2,987 per ton) and Democratic People's Republic of Korea ($3,607 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+23.4%), while the prices for the other major destinations experienced more modest paces of growth.
Skim Powdered Milk Imports in China
In 2022, approx. 349K tons of skim powdered milk were imported into China; declining by -18% compared with 2021. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 27%. As a result, imports attained the peak of 426K tons, and then dropped significantly in the following year.
In value terms, skim powdered milk imports expanded modestly to $1.4B in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +17.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 39%. Imports peaked in 2022 and are expected to retain growth in years to come.
Import of Skim Powdered Milk in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
New Zealand | 344 | 348 | 465 | 512 | 14.2% |
Australia | 149 | 174 | 225 | 291 | 25.0% |
United States | 17.3 | 54.3 | 130 | 153 | 106.8% |
Finland | 37.6 | 63.8 | 86.0 | 108 | 42.1% |
Belarus | 29.6 | 43.0 | 56.4 | 89.7 | 44.7% |
Sweden | 20.3 | 20.3 | 49.2 | 51.4 | 36.3% |
Ireland | 41.9 | 43.3 | 48.5 | 50.9 | 6.7% |
France | 53.8 | 60.8 | 95.1 | 48.5 | -3.4% |
Germany | 67.7 | 55.5 | 75.4 | 18.3 | -35.3% |
Others | 110 | 123 | 139 | 83.9 | -8.6% |
Total | 871 | 986 | 1,370 | 1,406 | 17.3% |
Top Suppliers of Skim Powdered Milk to China in 2022:
- New Zealand (126.1K tons)
- Australia (67.7K tons)
- United States (39.5K tons)
- Finland (28.7K tons)
- Belarus (26.7K tons)
- Sweden (12.9K tons)
- Ireland (12.9K tons)
- France (12.5K tons)
- Germany (4.5K tons)
Skim Powdered Milk Exports in China
In 2022, the amount of skim powdered milk exported from China shrank sharply to 1.3K tons, reducing by -43.4% against 2021. Over the period under review, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 380%. As a result, the exports reached the peak of 2.3K tons, and then declined sharply in the following year.
In value terms, skim powdered milk exports dropped significantly to $4.7M in 2022. In general, exports, however, showed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 361%. As a result, the exports attained the peak of $7M, and then reduced sharply in the following year.
Export of Skim Powdered Milk in China (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Hong Kong SAR | 626 | 878 | 1,021 | 2,596 | 60.7% |
Democratic People's Republic of Korea | 243 | 46.8 | 4,397 | 813 | 49.6% |
Vietnam | N/A | N/A | N/A | 476 | 0% |
Egypt | 4.2 | 1.5 | N/A | 397 | 355.5% |
Thailand | N/A | N/A | 258 | 385 | 49.2% |
Philippines | N/A | N/A | N/A | 81.0 | 0% |
Malaysia | 269 | 302 | 963 | N/A | 89.2% |
Singapore | 502 | 0.1 | N/A | N/A | -100.0% |
Others | 223 | 292 | 376 | N/A | 29.8% |
Total | 1,868 | 1,520 | 7,014 | 4,748 | 36.5% |
Top Export Markets for Skim Powdered Milk from China in 2022:
- Hong Kong SAR (675.8 tons)
- Democratic People's Republic of Korea (225.5 tons)
- Vietnam (159.3 tons)
- Egypt (99.7 tons)
- Thailand (99.5 tons)
- Philippines (20.0 tons)
This report provides an in-depth analysis of the skim powdered milk 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 898 - Dry Skim Cow Milk
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
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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 skim powdered milk market in China.
This report provides an in-depth analysis of the powdered milk market in China.
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This report provides an in-depth analysis of the market for evaporated and condensed milk in China.
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This report provides an in-depth analysis of the market for powdered, evaporated and condensed milk in China.
This report provides an in-depth analysis of the whole powdered milk market in China.
This report provides an in-depth analysis of the global skim powdered milk market.
This report provides an in-depth analysis of the global powdered milk market.
In April 2023, powdered milk imports saw a slight contraction in value to $291M.
Explore the top import markets for powdered milk and discover key statistics and numbers showcasing the global trade in this sector. China, Algeria, Indonesia, Mexico, United Arab Emirates, Philippines, Netherlands, Malaysia, Belgium, and Thailand are the leading countries in the import value of powdered milk.
Germany dominates in the global skimmed milk trade. In 2014, Germany exported X thousand tons of skimmed milk totaling X million USD, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total skimmed mi
New Zealand seized control of the market for evaporated and condensed milk. In 2014, New Zealand exported X thousand tons of evaporated and condensed milk totaling X million USD, X% over the previous year. Its primary trading partner was Chin
Explore the top import markets for powdered, evaporated, and condensed milk in the world. Learn about the countries with the highest import values and key statistics. Find out how IndexBox market intelligence platform provides valuable insights.
Discover the top 10 countries with the highest import values for whole powdered milk in 2023. Learn about the trends and factors driving the demand for this dairy product in key markets.
In April 2023, powdered milk imports saw a slight contraction in value to $291M.
Explore the top import markets for powdered milk and discover key statistics and numbers showcasing the global trade in this sector. China, Algeria, Indonesia, Mexico, United Arab Emirates, Philippines, Netherlands, Malaysia, Belgium, and Thailand are the leading countries in the import value of powdered milk.
Germany dominates in the global skimmed milk trade. In 2014, Germany exported X thousand tons of skimmed milk totaling X million USD, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total skimmed mi
New Zealand seized control of the market for evaporated and condensed milk. In 2014, New Zealand exported X thousand tons of evaporated and condensed milk totaling X million USD, X% over the previous year. Its primary trading partner was Chin