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08/03/2017China: lower duty rates, more dairy import (January 2017)
VOLUMES: China imports in JANUARY 2017 compared to January 2016 decreased for: Cheese (-1.2%) SMP (-2.0%) Infant milk formula (-8.1%) WMP (-10.1%) Whey Powder (-21.4%) Milk and cream (-24.8%) Butter […]
VOLUMES:
China imports in JANUARY 2017 compared to January 2016 decreased for:
- Cheese (-1.2%)
- SMP (-2.0%)
- Infant milk formula (-8.1%)
- WMP (-10.1%)
- Whey Powder (-21.4%)
- Milk and cream (-24.8%)
- Butter (-25.1%)
UNIT PRICES:
The unit prices of China imports in JANUARY 2017 compared to January 2016 increased for:
- Whey Powder (+33.5%)
- Butter (+27.1%)
- WMP (+17.8%)
- SMP (+14.7%)
- Milk and cream (+14.6%)
- Cheese (+3.1%)
- Infant milk formula (+0.3%)
| CHINA: dairy products Import year-to-date (January) | ||||||
| QUANTITY (Tons) | VALUE (‘000 USD) | |||||
| 2016 | 2017 | ± on 2016 | 2016 | 2017 | ± on 2016 | |
| WMP | 120.561 | 108.348 | -10,1% | 289.874 | 306.864 | +5,9% |
| Infant milk formula | 16.892 | 15.519 | -8,1% | 239.551 | 220.671 | -7,9% |
| SMP | 33.486 | 32.813 | -2,0% | 67.454 | 75.843 | +12,4% |
| Butter | 14.807 | 11.087 | -25,1% | 48.917 | 46.547 | -4,8% |
| Whey Powder | 43.980 | 34.586 | -21,4% | 41.553 | 43.614 | +5,0% |
| Cheese | 9.784 | 9.663 | -1,2% | 40.777 | 41.499 | +1,8% |
| Milk and cream | 46.623 | 35.050 | -24,8% | 46.421 | 39.977 | -13,9% |
| Other products* | 11.701 | 10.918 | -6,7% | 25.976 | 17.409 | -33,0% |
| TOTAL IMPORT | 297.834 | 257.984 | -13,4% | 800.524 | 792.423 | -1,0% |
| * Other products: Lactose Pharmaceutical, Caseinates, Condensed Milk, Yogurt and buttermilk, Lactose edible Data processed by Clal based on GTIS source. |
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January data tends to be distorted by higher imports from New Zealand supported by the China Free Trade Agreement (FTA).
CLAL.it – China: monthly dairy import by product
CLAL.it – China: monthly dairy Import in Milk Equivalent (ME) by region of origin
CLAL Team
The CLAL.it team is composed of young people who with the help of Computer Science study the dairy market and develop tools to provide the Operators of the dairy sector with a comprehensive real-time view of the national and international market trends.
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