China's Dairy Imports in the First Quarter of 2022

Date:2022-Jun-28 Source:People's Daily Online View:2131

In the first quarter of 2022,China imported 990,800 tons of dairy products,with a year-on-year decrease of 12.3%;the value of import was 3.835 billion US dollars,with a year-on-year increase of 7.8%. Among them,dried dairy products were 712,400 tons,with a year-on-year decrease of 11.7%,and the value of import was 3.397 billion US dollars,with a year-on-year increase of 9.4%;liquid milk was 278,500 tons,with a year-on-year decrease of 13.9%,and the value import was 438 million US dollars,with a year-on-year decrease of 2.9%.

In the first quarter of 2022,712,400 tons of dried dairy products were imported,a year-on-year decrease of 11.7%,and the value of import was 3.397 billion US dollars,a year-on-year increase of 9.4%. The three major categories of products include 458,100 tons of bulk packaged milk powder,accounting for 64.3%,108,900 tons of whey,accounting for 15.3%,and 57,600 tons of infant formula,accounting for 8.1%.

Bulk Packaged Milk Powder

In the first quarter of 2022,458,100 tons of bulk packaged milk powder were imported,with a year-on-year increase of 2.9%,and the value of import was 1.824 billion US dollars,with a year-on-year increase of 26.6%. The average price was 3,982 US dollars/ton,with a year-on-year increase of 22.9%. Among them,386,100 tons were imported from New Zealand,accounting for 84.3%,a year-on-year increase of 2.3%;26,000 tons were imported from Australia,accounting for 5.7%,a year-on-year increase of 32.9%;and 18,700 tons were imported from the EU,accounting for 4.1%,a year-on-year decrease of 35.8%.

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Figure 1 2020-2022 Monthly Import Volume of Bulk Packaged Milk Powder (in 10,000 tons)


Infant Formula Milk Powder

In the first quarter,57,600 tons of infant formula milk powder were imported,with a year-on-year decrease of 5.6%,the value of import was 935 million US dollars,with a year-on-year decrease of 7.1%,and the average price was 16,226 US dollars/ton,with a year-on-year decrease of 1.7%. Among them,42,800 tons were imported from the EU,accounting for 74.3%,a year-on-year increase of 5.5%;10,900 tons were imported from New Zealand,accounting for 18.9%,a year-on-year decrease of 30.1%;and 1,400 tons were imported from Australia,accounting for 2.4%,a year-on-year decrease of 10.8%.

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Figure 2 2020-2022 Monthly Import Volume of Infant Formula Milk Powder (in 10,000 tons)


Whey

In the first quarter,108,900 tons of whey were imported,with a year-on-year decrease of 46.2%,and the value of import was 175 million US dollars,with a year-on-year decrease of 28.9%. The average price was 1,602 US dollars/ton,with a year-on-year increase of 15.3%. Among them,48,900 tons were imported from the United States,accounting for 44.9%,a year-on-year decrease of 38.2%;42,400 tons were imported from the EU,accounting for 38.9%,a year-on-year decrease of 42.7%;and 5,600 tons were imported from Belarus,accounting for 5.2%,a year-on-year decrease of 69.4%.

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Figure 3 2020-2022 Monthly Import Volume of Whey (in 10,000 tons)


Cheese

In the first quarter,40,500 tons of cheese were imported,with a year-on-year decrease of 20.6%,and the value of import was 202 million US dollars,with a year-on-year decrease of 11.0%. The average price was 4,985 US dollars/ton,with a year-on-year increase of 12.0%. Among them,23,500 tons were imported from New Zealand,accounting for 58.1%,a year-on-year decrease of 29.9%,8,200 tons were imported from the EU,accounting for 20.3%,a year-on-year increase of 1.4%,and 5,600 tons were imported from Australia,accounting for 13.9%,a year-on-year decrease of 9.8%.

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Figure 4 2020-2022 Monthly Import Volume of Cheese (in 10,000 tons)


Cream

In the first quarter,42,500 tons of cream were imported,with a year-on-year increase of 3.7%,and the value of import was 252 million US dollars,with a year-on-year increase of 45.7%. The average price was 5,931 US dollars/ton,with a year-on-year increase of 40.9%. Among them,38,700 tons were imported from New Zealand,accounting for 91.1%,a year-on-year increase of 8.9%,and 3,000 tons were imported from the EU,accounting for 7.1%,a year-on-year decrease of 19.5%.

Condensed milk

In the first quarter,4,600 tons of condensed milk were imported,with a year-on-year decrease of 28.1%,and the value of import was 9 million US dollars,with a year-on-year decrease of 30.8%. The average price was 1,979 US dollars/ton,with a year-on-year increase of 0.7%. Among them,2,600 tons were imported from the EU,accounting for 57.0%,a year-on-year decrease of 46.3%,and 1,100 tons were imported from Australia,accounting for 41.9%,a year-on-year increase of 73.2%.

Fresh milk

In the first quarter,277,900 tons of fresh milk were imported,with a year-on-year decrease of 12.5%,and the value of import was 436 million US dollars,with a year-on-year decrease of 0.9%. The average price was 1,569 US dollars/ton,with a year-on-year increase 13.4%. Among them,149,000 tons were imported from the EU,accounting for 53.6%,a year-on-year decrease of 15.6%,90,600 tons were imported from New Zealand,accounting for 32.6%,a year-on-year decrease of 12.5%,and 32,000 tons were imported from Australia,accounting for 11.5%,a year-on-year increase of 4.5%.

Yogurt

In the first quarter,500 tons of yogurt were imported,with a year-on-year decrease of 91.1%,and the value of import was 2 million US dollars,with a year-on-year decrease of 81.8%. The average price was 3,857 US dollars/ton,with a year-on-year increase of 98.1%. Among them,300 tons were imported from New Zealand,accounting for 58.4%,a year-on-year decrease of 52.8%,and 100 tons were imported from Australia,accounting for 18.9%,a year-on-year decrease of 98.1%.

Source: Dairy Association of China

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