China - Skim Milk of Cows - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSkim Milk Price in China - 2023
Contents:
- Skim Milk Price in China (CIF) - 2023
- Skim Milk Price in China (FOB) - 2022
- Skim Milk Imports in China
- Skim Milk Exports in China
Skim Milk Price in China (CIF) - 2023
In June 2023, the average skim milk import price amounted to $829 per ton, dropping by -2.1% against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in February 2023 an increase of 4.8% against the previous month. As a result, import price reached the peak level of $880 per ton. From March 2023 to June 2023, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the countries with the highest prices were New Zealand ($890 per ton) and Australia ($857 per ton), while the price for Germany ($800 per ton) and the Netherlands ($841 per ton) were amongst the lowest.
From September 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Australia (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Skim Milk Price in China (FOB) - 2022
In 2022, the average skim milk export price amounted to $2,705 per ton, with an increase of 120% against the previous year. In general, the export price enjoyed a remarkable increase. The export price peaked at $2,909 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($3,432 per ton), while the average price for exports to Hong Kong SAR ($1,768 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 the United States (+16.7%), while the prices for the other major destinations experienced mixed trend patterns.
Skim Milk Imports in China
In 2022, supplies from abroad of skim milk decreased by -28.1% to 100K tons, falling for the second year in a row after two years of growth. Over the period under review, imports showed a abrupt decline. The pace of growth was the most pronounced in 2020 when imports increased by 35%. As a result, imports attained the peak of 164K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, skim milk imports reduced dramatically to $74M in 2022. In general, imports continue to indicate a perceptible decline. The most prominent rate of growth was recorded in 2020 with an increase of 39%. As a result, imports attained the peak of $114M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Skim Milk in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 41.7 | 70.4 | 62.6 | 46.4 | 3.6% |
New Zealand | 9.5 | 9.7 | 12.1 | 12.8 | 10.4% |
Australia | 15.8 | 13.9 | 10.4 | 7.7 | -21.3% |
Poland | 2.7 | 3.3 | 3.4 | 2.1 | -8.0% |
Austria | 2.8 | 6.8 | 4.0 | 1.9 | -12.1% |
France | 3.4 | 4.2 | 3.7 | 1.3 | -27.4% |
Netherlands | 2.3 | 1.7 | 1.5 | 0.8 | -29.7% |
Others | 3.8 | 4.1 | 3.0 | 1.1 | -33.8% |
Total | 82.0 | 114 | 101 | 73.8 | -3.5% |
Top Suppliers of Skim Milk to China in 2022:
- Germany (65.7K tons)
- New Zealand (15.2K tons)
- Australia (10.6K tons)
- Austria (2.5K tons)
- Poland (1.8K tons)
- France (1.4K tons)
- Netherlands (1.0K tons)
Skim Milk Exports in China
In 2022, after three years of growth, there was significant decline in shipments abroad of skim milk, when their volume decreased by -76.4% to 34 tons. Over the period under review, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 1,020%.
In value terms, skim milk exports contracted remarkably to $91K in 2022. In general, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 592%.
Export of Skim Milk in China (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | N/A | N/A | 57.2 | 48.2 | -15.7% |
Hong Kong SAR | 1.2 | 69.6 | 118 | 22.5 | 165.7% |
Singapore | N/A | N/A | N/A | 20.3 | 0% |
Bahamas | 8.9 | N/A | N/A | N/A | 0% |
Others | N/A | 0.3 | N/A | N/A | 0% |
Total | 10.1 | 69.9 | 175 | 90.9 | 108.0% |
Top Export Markets for Skim Milk from China in 2022:
- United States (14.0 tons)
- Hong Kong SAR (12.7 tons)
- Singapore (6.9 tons)
This report provides an in-depth analysis of the skim milk 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:
- FCL 888 - Skim Milk of Cows
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
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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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