China - Skimmed Milk - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Powdered, Condensed or Evaporated Milk in China - 2023
Contents:
- Price for Powdered, Condensed or Evaporated Milk in China (CIF) - 2022
- Price for Powdered, Condensed or Evaporated Milk in China (FOB) - 2022
- Imports of Powdered, Condensed or Evaporated Milk in China
- Exports of Powdered, Condensed or Evaporated Milk in China
Price for Powdered, Condensed or Evaporated Milk in China (CIF) - 2022
The average import price for powdered, condensed or evaporated milk stood at $4,236 per ton in 2022, surging by 19% against the previous year. Over the period under review, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, powdered, condensed or evaporated milk import price increased by +58.1% against 2016 indices. The most prominent rate of growth was recorded in 2013 an increase of 25% against the previous year. The import price peaked at $4,762 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($5,286 per ton), while the price for Belarus ($3,422 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Powdered, Condensed or Evaporated Milk in China (FOB) - 2022
The average export price for powdered, condensed or evaporated milk stood at $3,552 per ton in 2022, rising by 3.7% against the previous year. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 20%. The export price peaked at $3,667 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($8,359 per ton), while the average price for exports to the United States ($1,522 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 (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Powdered, Condensed or Evaporated Milk in China
Powdered, condensed or evaporated milk imports into China declined remarkably to 1.1M tons in 2022, with a decrease of -17.8% against the year before. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 31%. As a result, imports reached the peak of 1.3M tons, and then reduced sharply in the following year.
In value terms, powdered, condensed or evaporated milk imports contracted slightly to $4.6B in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +12.8% 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 +43.4% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 40%. As a result, imports attained the peak of $4.7B, and then declined modestly in the following year.
| Import of Powdered, Condensed or Evaporated Milk in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 2,262 | 2,254 | 3,123 | 3,065 | 10.7% |
| Australia | 350 | 424 | 498 | 566 | 17.4% |
| United States | 22.5 | 58.4 | 141 | 183 | 101.1% |
| Uruguay | 34.9 | 58.0 | 136 | 121 | 51.4% |
| Finland | 37.8 | 64.2 | 87.2 | 106 | 41.0% |
| Netherlands | 70.8 | 83.9 | 117 | 94.9 | 10.3% |
| Belarus | 31.0 | 43.8 | 73.7 | 93.8 | 44.6% |
| France | 70.3 | 77.6 | 116 | 87.5 | 7.6% |
| Ireland | 42.8 | 47.2 | 58.8 | 52.7 | 7.2% |
| Germany | 74.5 | 65.7 | 91.0 | 34.9 | -22.3% |
| Others | 183 | 153 | 224 | 156 | -5.2% |
| Total | 3,180 | 3,330 | 4,665 | 4,560 | 12.8% |
Top Suppliers of Powdered, Condensed or Evaporated Milk to China in 2022:
- New Zealand (738.2K tons)
- Australia (107.1K tons)
- United States (47.1K tons)
- Uruguay (31.2K tons)
- Finland (28.2K tons)
- Belarus (27.4K tons)
- France (20.1K tons)
- Netherlands (19.3K tons)
- Ireland (13.1K tons)
- Germany (8.6K tons)
Exports of Powdered, Condensed or Evaporated Milk in China
In 2022, exports of powdered, condensed or evaporated milk from China stood at 6.8K tons, with an increase of 12% on the previous year's figure. Overall, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +11.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 42%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, powdered, condensed or evaporated milk exports skyrocketed to $24M in 2022. In general, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 70% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Powdered, Condensed or Evaporated Milk in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mongolia | N/A | N/A | N/A | 4,679 | 0% |
| Thailand | 208 | 1,021 | 1,291 | 2,010 | 113.0% |
| Vietnam | N/A | N/A | N/A | 476 | 0% |
| Myanmar | 996 | 584 | 586 | 400 | -26.2% |
| Canada | 359 | 392 | 102 | 398 | 3.5% |
| Egypt | 4.2 | 1.5 | N/A | 397 | 355.5% |
| United States | 396 | 443 | 221 | 353 | -3.8% |
| Singapore | 502 | 0.2 | 0.3 | 0.3 | -91.6% |
| Hong Kong SAR | 4,579 | N/A | N/A | N/A | 0% |
| Malaysia | 270 | 451 | 963 | N/A | 88.9% |
| Democratic People's Republic of Korea | 1,859 | N/A | N/A | N/A | 0% |
| Oman | 2,334 | N/A | N/A | N/A | 0% |
| Others | 227 | 9,312 | 17,529 | 15,343 | 307.3% |
| Total | 11,735 | 12,205 | 20,693 | 24,057 | 27.0% |
Top Export Markets for Powdered, Condensed or Evaporated Milk from China in 2022:
- Singapore (undefined tons)
- Malaysia (undefined tons)
- Mongolia (1161.3 tons)
- Thailand (240.5 tons)
- United States (231.8 tons)
- Canada (209.2 tons)
- Vietnam (159.3 tons)
- Egypt (99.7 tons)
- Myanmar (74.1 tons)
This report provides an in-depth analysis of the market for powdered, condensed or evaporated milk 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 889 - Whole Milk, Condensed
- FCL 894 - Whole Milk, Evaporated
- FCL 895 - Skim Milk, Evaporated
- FCL 896 - Skim Milk, Condensed
- FCL 897 - Dry Whole Cow Milk
- 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
-
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
- COUNTRIES WITH TOP YIELDS
- 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, PRODUCING ANIMALS AND YIELD
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
- Yield 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
- Producing Animals Slaughtered, 2012–2023
- Yield, 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
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This report provides an in-depth analysis of the market for powdered, condensed or evaporated milk in China.
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This report provides an in-depth analysis of the skim powdered milk market in China.
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This report provides an in-depth analysis of the market for powdered, evaporated and condensed milk in China.
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This report provides an in-depth analysis of the whole powdered milk market in China.
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This report provides an in-depth analysis of the global market for powdered, condensed or evaporated milk.
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This report provides an in-depth analysis of the global market for evaporated and condensed milk.
364
In April 2023, powdered milk imports saw a slight contraction in value to $291M.
1313
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
1710
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
308
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.
240
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.
66
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.
364
In April 2023, powdered milk imports saw a slight contraction in value to $291M.
1313
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
1710
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
308
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.
