Apr. 21 – Dairy import volume in China is predicted to further increase, China import volume of dairy products by category shows that imported dairy products from the EU countries enjoy a sound reputation in the Chinese market. There are 20 EU member states now have facilities approved to export dairy products to China.
China Dairy Market Will Reach US$ 176 Billion by 2026
Currently, China ranks second in terms of global dairy sales revenue after the United States, and is forecasted to overtake the U.S. by 2022. in addition, China dairy market will reach us$ 176 billion by 2026, according to related report. As the world’s most over-populated nation, the number of Chinese reached 1.42 billion, without a doubt, given the size of the market, and its growing middle class, China has the world’s most growing number of dairy consumers. Obviously, the influence of China market is now impacting the global dairy industry. Moreover, within the Fast-Moving Consumer Goods (FMCG) category, dairy China imports is one of the speedy growing segments. Undoubtedly, it is a green light for European exporters in the dairy sector. In addition, Chinese consumers’ demand for high-quality dairy products, it is predicted to further increase in the next ten years, China dairy market will reach US$ 176 billion by 2026.
China Dairy Demand Volume in Details
The statistic forecasted dairy product demand in China further grow by product category till 2023. It is estimated that in 2021. Milk (890.6); Whole Milk Powder (671.2); Whey (453.4); Infant Milk Formula in Retail Packages (345.5); Skimmed Milk Power (343.5); Cheese (114.8); Butter (85.5); Other Formula & Semi-Finished Products (76.9); Condensed Milk (34.7); Yoghurt (53.8); Others (26.8). Clearly, the European Union (EU) is the leading dairy exporter to China, with close to 50% of the market value, indeed, European dairy brands have years of sound reputation in the Chinese market, the major categories of imported dairy products to China covering milk, infant milk formula, cheese, yoghurt and ice cream. particularly, the leading exporter of dairy products to China is the Netherlands within Europe, not only by category and the best-selling brands in the Chinese market, but also, Infant milk formula import volume higher, selling well in China.
EU Dairy Goes to China
The EU exporters/companies in the dairy sector are the important dairy supplier for the Chinese market, also, EU dairy imported to China account for nearly 50% of all China dairy imports. Currently, 20 out the 28 EU member states now have facilities authorized to export dairy products to China, according to EU-China data. The main suppliers of dairy products to the Chinese market include Netherlands, New Zealand, Ireland, France, Germany, Denmark, Australia, Switzerland, and etc., as stated by statistics & facts. In addition, the size of infant milk formula imported to China in 2020, by leading exporting country (in 1,000 metric tons), according to figures data: Netherlands (119.69) New Zealand (72.33), Ireland (42.34), France (38.5), Germany (23.82), Denmark (12.26), Australia (11.8), Switzerland (5.76), and etc., as said by the figures.
Most Dairy Products Imported to China Generally Associate with:
Currently, China ranks second in terms of global dairy sales revenue after the United States and is forecasted to overtake the U.S. by 2022. It should be noted, China import volume of dairy products by category largely associate with:
- First, Whey, bulk packed milk, & milk powder are key dairy products China imported by volume;
- Second, Cheese sales are predictable to raise by about 11.5 percent between 2019 and 2024.
- Third, Butter, yogurt, and sour milk products are also in the categories among the ever more demanded dairy product.
Imported Infant Milk Formula in China
Importantly, in the Chinese market, there are a large volume of dairy products are imported from EU member states. In 2020, the total volume of infant milk formula imported to China amounted to 348 thousand metric tons, according to related data. The Dutch infant milk formula is well known brand, and enjoy years of sustained reputation in China. Subsequently, the Netherlands is top suppliers of infant milk formula to the Chinese market in the last few years. The volume of Dutch infant milk formula imported to China amounted to around 120 thousand metric tons in 2020. Over the total volume of infant milk formula imported to China in 2020, by leading exporting country (in 1,000 metric tons), according to recently published specific figures. Netherlands (119.69); New Zealand (72.33), Ireland (42.34), France (38.5), Germany (23.82), Denmark (12.26), Australia (111.8), Switzerland (5.76), and etc.,
Dairy to China via Chinese Importers
Especially, for European companies/exporters in the dairy sector, to discover opportunities for your dairy products in far-east country, China dairy market paves the new road to travel, provides new business chances for European exporters in the dairy industry, the demand for dairy variety is in quick pace catching up in China, particularly in the major categories of dairy products covering milk, infant milk formula, cheese, yoghurt and ice cream, and others, etc. Currently, China is one of the most promising markets for dairy products. for those who would like to their dairy product enter into China market, direct contact with dairy products Chinese importers in China, there is a List of Chinese Importers/Distributer for Dairy Products available, for more information, please contact with: email@example.com; https://www.dccchina.org/