China: Whole Fresh Milk Market 2023

Whole Fresh Milk Market Size in China

In 2022, the Chinese whole fresh milk market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Whole Fresh Milk Production in China

In value terms, whole fresh milk production rose slightly to $X in 2022 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X%. Whole fresh milk production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Whole Fresh Milk Exports

Exports from China

Whole fresh milk exports from China was estimated at X tons in 2022, increasing by X% against the previous year's figure. Overall, exports, however, recorded a mild decline. The pace of growth appeared the most rapid in 2016 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, whole fresh milk exports expanded markedly to $X in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Hong Kong SAR (X tons) was the main destination for whole fresh milk exports from China, with a X% share of total exports. It was followed by Cambodia (X tons), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Hong Kong SAR totaled X%.

In value terms, Hong Kong SAR ($X) remains the key foreign market for whole fresh milk exports from China, comprising X% of total exports. The second position in the ranking was taken by Cambodia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Hong Kong SAR was relatively modest.

Export Prices by Country

In 2022, the average whole fresh milk export price amounted to $X per ton, remaining constant against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Cambodia ($X per ton), while the average price for exports to Hong Kong SAR amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (X%).

Whole Fresh Milk Imports

Imports into China

After three years of growth, supplies from abroad of whole fresh milk decreased by X% to X tons in 2022. In general, imports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. Imports peaked at X tons in 2021, and then shrank dramatically in the following year.

In value terms, whole fresh milk imports dropped sharply to $X in 2022. Over the period under review, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of X%. Imports peaked at $X in 2021, and then fell rapidly in the following year.

Imports by Country

Germany (X tons), New Zealand (X tons) and Australia (X tons) were the main suppliers of whole fresh milk imports to China, together accounting for X% of total imports. Poland and France lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest whole fresh milk suppliers to China were New Zealand ($X), Germany ($X) and Australia ($X), with a combined X% share of total imports. Poland and France lagged somewhat behind, together accounting for a further X%.

Poland, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average whole fresh milk import price stood at $X per ton in 2022, increasing by X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from New Zealand ($X per ton) and France ($X per ton), while the price for Poland ($X per ton) and Australia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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