(MENAFNEditorial)
FOR IMMEDIATE RELEASE Illinois – United States – July 132015 (PR Buzz):Research Report on China Dairy Industry 2015-2019 is a new market research publication announced by Reportstack. With economic development and lifestyle changes the demand for dairy products in China keeps rising. In 2014 the output of dairy products was 26.518 million tons in China decreasing 1.23% year on year. And such major producers as Inner Mongolia Heilongjiang and Shandong all reported a decline in diary production.
Dairy production fell for the first time in 2014 over the last three decades. Since 2009 annual output of dairy products slowed down its growth which used to be at an average rate of 15-20%. For instance the average annual growth rate reported 12.7% during the period of 2009-2011 8.1% in 2012 and 5.2% in 2013. The reasons for this are as follows: weak consumption growth resulted from high price and high cost of production; shock brought about by the large imports of cheap dairy products and frequent disclosure of security incidents which lowered some consumers’ confidence of domestic dairy products.
Milk production in 2013 declined by 5.7% i.e. 2.12 million tons compared with 2012 while cow stocks decreased about 10% which led to milk shortage at the turn of the year. Compared with 2013 milk production rose by 5.5% to 37.25 million tons. And the average purchase price of milk rose from CNY 3.62 per kilogram in 2013 to CNY 3.29 per kilogram. There were about 630 dairy producers in 2014 in China that brought in sales of CNY 329.77 billion with a year-on-year growth of 18.07% and profits of CNY 22.532 billion with a year-on-year growth of 25.63%.
To view the table of contents and know more details please visit .
In recent years frequent security incidents of domestic dairy products have made consumers especially parents of infants turn to imported ones. According to the statistics of customs 2.0519 million tons of dairy products were imported into China in 2014 increasing 12.30% year on year with a total value of USD 8.487 billion which increased 19.75% year on year. Specifically the import volume of milk powder was 0.9237 million tons and its import value was USD 4.437 billion respectively increasing 8.11% and 23.77% year on year; the import volume of infant milk powder was 0.1231 million tons increasing 0.31% year on year; the import volume of whey powder a raw material of infant milk powder was 0.4044 million tons with a year-on-year decrease of 6.83% which signaled the decrease in domestic infant milk powder. Besides 66000 tons of cheese and 80400 tons of cream were also imported into China in 2014 respectively increasing 39.43% and 53.74% compared with last year. Clearly imported dairy products have become an important part of the Chinese diary market.
The reasons for rise in dairy import in recent years are as follows: increasing dependence on imported dairy products as a result of the crisis of confidence caused by frequent security incidents of domestic dairy products and higher raw milk price in domestic market than in international market which prompted the big increase in milk powder import. With economic development and rise in per capital income the demand for dairy products in China will keep increasing so does the demand for imported dairy products. Therefore China will become increasingly important in the next few years for dairy producers around the world.
Readers can get at least the following information through this report:
-government policy for dairy industry in China
-supply and demand of dairy products in China
-import and export of dairy products in China
-major dairy manufacturers and their operation status in China
-current situation of infant milk powder market in China
-security incidents in dairy industry in China in recent years
-development outlook of dairy industry in China
The author suggests the following groups of people purchase this report:
-dairy manufacturers
-enterprises engaged in dairy trade
-research institutions/ investors interested in dairy industry in China
Companies Mentioned
Mengniu Dair; Yili; Bright Diary & Food Co. Ltd; Wondersun; Feihe International Inc.; Nestle; YASHILI; Sanyuan Foods Co. Ltd; Wissun International Group; Synutra; YinQiao Dairy; Longdan; CHG
Contact:
Debora White
Manager - Marketing
debora@reportstack.com
Ph: +1-888-789-6604
Market Research
###
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.