China - Lactose And Lactose Syrup - Market Analysis, Forecast, Size, Trends And Insights
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View PricingLactose Price in China - 2023
Contents:
- Lactose Price in China (CIF) - 2023
- Lactose Price in China (FOB) - 2023
- Lactose Imports in China
- Lactose Exports in China
Lactose Price in China (CIF) - 2023
In September 2023, the average lactose import price amounted to $986 per ton, approximately equating the previous month. Overall, the import price, however, saw a perceptible reduction. The pace of growth was the most pronounced in December 2022 an increase of 11% month-to-month. As a result, import price attained the peak level of $1,595 per ton. From January 2023 to September 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Germany ($1,948 per ton), while the price for the United States ($725 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 Germany (-3.9%), while the prices for the other major suppliers experienced a decline.
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Lactose Price in China (FOB) - 2023
The average lactose export price stood at $3,139 per ton in September 2023, waning by -10.8% against the previous month. In general, the export price continues to indicate a slight decrease. The pace of growth was the most pronounced in December 2022 an increase of 11% month-to-month. As a result, the export price reached the peak level of $4,091 per ton. From January 2023 to September 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Pakistan ($6,350 per ton), while the average price for exports to the United Arab Emirates ($2,657 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ethiopia (+0.7%), while the prices for the other major destinations experienced more modest paces of growth.
Lactose Imports in China
In 2022, imports of lactose and lactose syrup into China skyrocketed to 146K tons, increasing by 21% on 2021 figures. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +16.1% 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 +56.7% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 23% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, lactose imports soared to $204M in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +25.9% 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 +99.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 34%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Lactose in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 57.7 | 66.3 | 94.8 | 146 | 36.3% |
| Germany | 15.9 | 24.7 | 31.2 | 24.6 | 15.7% |
| Netherlands | 8.0 | 7.4 | 5.8 | 6.9 | -4.8% |
| New Zealand | 4.6 | 4.0 | 3.2 | 5.9 | 8.7% |
| Poland | 3.2 | 12.9 | 11.1 | 4.2 | 9.5% |
| Australia | 1.5 | 4.5 | 3.7 | 3.6 | 33.9% |
| Italy | 0.2 | 2.5 | 4.7 | 3.2 | 152.0% |
| Others | 11.0 | 15.0 | 15.3 | 9.8 | -3.8% |
| Total | 102 | 137 | 170 | 204 | 26.0% |
Top Suppliers of Lactose to China in 2022:
- United States (118.7K tons)
- Germany (7.7K tons)
- Poland (3.2K tons)
- New Zealand (3.2K tons)
- Australia (2.7K tons)
- Netherlands (2.7K tons)
- Italy (2.3K tons)
Lactose Exports in China
For the third consecutive year, China recorded decline in overseas shipments of lactose and lactose syrup, which decreased by -12.7% to 58 tons in 2022. Over the period under review, exports continue to indicate a sharp contraction.
In value terms, lactose exports shrank modestly to $365K in 2022. In general, exports saw a precipitous descent.
| Export of Lactose in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 46.3 | N/A | N/A | 193 | 60.9% |
| Thailand | N/A | N/A | N/A | 33.3 | 0% |
| Nigeria | N/A | 207 | N/A | 16.1 | -72.1% |
| Algeria | 3.6 | N/A | N/A | 15.4 | 62.3% |
| Pakistan | 3.5 | 9.0 | 104 | 15.1 | 62.8% |
| Netherlands | 720 | 54.6 | 75.6 | 8.4 | -77.3% |
| Iraq | 5.2 | N/A | N/A | 7.3 | 12.0% |
| Kenya | N/A | N/A | N/A | 6.5 | 0% |
| Uzbekistan | 22.3 | 38.6 | 26.2 | 6.2 | -34.7% |
| Ecuador | 25.4 | 10.0 | 7.4 | 3.5 | -48.3% |
| Switzerland | 521 | N/A | N/A | N/A | 0% |
| France | 904 | N/A | N/A | N/A | 0% |
| Denmark | 640 | N/A | N/A | N/A | 0% |
| Others | 827 | 514 | 165 | 60.0 | -58.3% |
| Total | 3,718 | 833 | 378 | 365 | -53.9% |
Top Export Markets for Lactose from China in 2022:
- Russia (32.0 tons)
- Thailand (6.2 tons)
- Nigeria (3.4 tons)
- Algeria (2.3 tons)
- Kenya (1.5 tons)
- Iraq (1.5 tons)
- Pakistan (1.4 tons)
- Ecuador (1.3 tons)
- Uzbekistan (0.9 tons)
- Netherlands (0.4 tons)
This report provides an in-depth analysis of the lactose 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:
- Prodcom 10515400 - Lactose and lactose syrup (including chemically pure lactose)
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
510
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