BEIJING: China’s dairy imports recovered substantially during 2016; however figures remain below 2014 levels, a year that saw speculation driving import levels way above market requirements, Suki Wu of Bord Bia’s Shanghai Office has said. The import volume of whole milk powder (WMP) for January to October 2016 reached approximately 352,000m tonnes – which Wu said is an increase of 18% on the corresponding period in 2015.
New Zealand continues to account for the bulk of WMP imports supplying over 333,000m tonnes in the January to October period. Compared to the corresponding period last year, this is an increase of 15% on their shipments. According to China Customs the average price for WMP imports decreased this year by 8.2% to US$2,554/MT.
Meanwhile, Wu said that imports of skimmed milk powder (SMP) decreased by 7% in the same period amounting to just over 161,000m tonnes while the average price was US$2,150/MT. “The main supplier was New Zealand with 98,000m tonnes while Australia and the US supplied 13,500m tonnes and 12,490m tonnes respectively, according to Wu. “Whey powder imports during January to October 2016 increased by 15.2% to reach over 411,900m tonnes. “The US is the main supplier accounting for 55% just under 230,000m tonnes, followed by France accounting for 11% at 44,900m tonnes.”
