China imported 23,328t of infant formula in May, an increase of 37% year on year.
The Netherlands remains the number one exporter of infant formula to China, with 34% of imports in May coming from the country.
The infant formula market is valued in the region of $35bn in retail sales per annum and, in 2015, Irish infant formula exports reached €1.5bn.
Overall, there was strong demand for dairy products in May, with fats and SMP increasing on year-earlier levels.
Skim milk powder
Chinese SMP imports increased 39% to 18,522t in May, with year-to-date exports now at 110,722t. This accounts for an 11.8% increase year on year.
New Zealand continues to be the leading origin of SMP imports for China.
Whole milk powder
Meanwhile, imports of WMP to China were down 18% on year-earlier levels. Some 26,860t was imported in May.
Like SMP, New Zealand is the biggest exporter of WMP, with over 90% of all WMP imports coming from the Kiwi country.
What is happening in Europe’s butter market?
US gets more access to Chinese dairy market
China imported 23,328t of infant formula in May, an increase of 37% year on year.
The Netherlands remains the number one exporter of infant formula to China, with 34% of imports in May coming from the country.
The infant formula market is valued in the region of $35bn in retail sales per annum and, in 2015, Irish infant formula exports reached €1.5bn.
Overall, there was strong demand for dairy products in May, with fats and SMP increasing on year-earlier levels.
Skim milk powder
Chinese SMP imports increased 39% to 18,522t in May, with year-to-date exports now at 110,722t. This accounts for an 11.8% increase year on year.
New Zealand continues to be the leading origin of SMP imports for China.
Whole milk powder
Meanwhile, imports of WMP to China were down 18% on year-earlier levels. Some 26,860t was imported in May.
Like SMP, New Zealand is the biggest exporter of WMP, with over 90% of all WMP imports coming from the Kiwi country.
What is happening in Europe’s butter market?
US gets more access to Chinese dairy market
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