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Tranalysis: Import value of dairy products reaches USD1.89 billion in China in H1 2016


Tranalysis Guangzhou: In H1 2016, import value of dairy products reached USD1.89 billion in China, up 8.12% YoY. The top 10 countries in import value of dairy products were New Zealand, Australia, France, Germany, the US, Holland, Poland, Finland, Ireland and Argentina.

 


Among the top 10 countries, import value of dairy products from Australia was up 53.02% YoY; that from France, up 46.74% YoY; that from Germany, up 25.69% YoY; that from Holland, up 24.86% YoY; that from Finland, up 10.89% YoY; that from New Zealand, up 4.68% YoY.

 

While the import value of dairy products from Argentina was down 44.48% YoY; that from the US, down 29.33% YoY; that from Ireland, down 24.67% YoY; and that from Poland, down 19.78% YoY.

 

As for the top 10 provinces for the value of dairy products imports to China, the list goes as the following: Shanghai, Guangdong Province, Tianjin, Zhejiang Province, Beijing, Inner Mongolia Autonomous Region, Shandong Province, Liaoning Province, Jiangsu Province and Fujian Province.

 

Among the top 10 provinces, the value of dairy products imports to Zhejiang Province was up 67.85% YoY; that to Shanghai, up 15.2% YoY; that to Inner Mongolia Autonomous Region, up 5.53% YoY; that to Guangdong Province, up 12.23% YoY; that to Beijing, up 5.53% YoY; and that to Jiangsu Province, up 3.38% YoY.

 

While the value of dairy products imports to Tianjin was down 25.58% YoY; that to Liaoning Province, down 13.32% YoY; that to Shandong Province, down 1.54% YoY; and that to Fujian Province, down 3.16% YoY.

 

The imports of dairy products didn’t slow down in H1 2016, which was the direct reason to explain why it was difficult for domestic upstream dairy enterprises to survive in China, according to Gu Jicheng, secretary-general of Dairy Association of China.

 

Shen Danyang, press spokesman of China’s Ministry of Commerce, once discussed the impact from imported dairy products on China’s market. Shen stated that due to the differences of prices on raw materials, feeding cost and production efficiency between the overseas and domestic markets, the cost of dairy products processed with raw milk in China was higher than that imported from the overseas markets. 

 

And there were three reasons to drive the huge rise of import dairy products to China in H1 2016. First of all, not many dairy products were imported to China last year; second, the prices of dairy products overseas were lower than that in China. Third, consumers in China were still not confident on the quality of the domestic dairy products.

 

In 2015, affected by the economic downturn and decrease of consumption, the inventory of dairy products increased in China and the imports fell obviously, which led to the obvious increase in import of dairy products in 2016.

 

However, while the imports of dairy products slowed down in China in 2015, the imports of infant formula kept increasing year by year.

 

According to China Customs, China imported 176,000 tonnes of infant formula in 2015, up 45% YoY, with the import value reaching USD2.47 billion, up 59.5% YoY. While in Jan.-Aug. 2016, China imported 134,000 tonnes of infant formula, up 32.3% YoY, with the import value reaching USD1.83 billion, up 30.7% YoY.

 

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About Tranalysis:

Tranalysis is an intelligence and analysis provider on import/export data covering agriculture, chemicals and life science industries in China. Tranalysis, founded in 2001, provides users not only large amount of import/export data in China, but also analysis to help monitor the market trends. Our clients include Monsanto, BASF, Syngenta, SinoChem and etc.

 

For more information about Tranalysis, please visit http://tranalysis.com/Html/index.html or get in touch with us directly by emailing econtact@tranalysis.com or calling +86-20-37616606.

 

 


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