Chinese Dairy Imports Update – Aug ’21
Chinese dairy import figures were recently updated with values spanning through Jul ’21. Highlights include:
- Chinese dairy imports remained higher on a YOY basis for the 23rd consecutive month throughout Jul ’21, finishing 37.7% above the previous year and reaching a record high seasonal level.
- The market share of Chinese dairy imports originating from within New Zealand increased most significantly from the previous year throughout Jul ’21. The market share of Chinese dairy imports originating from within the U.S. finished slightly above previous year levels while the market share of imports originating from the EU-27+UK declined from the previous year.
Chinese Customs Data
Jul ’21 Total Chinese Dairy Imports Rebounded From the Previous Month
Jul ’21 Chinese Dairy Import Volumes Increased 5.8% MOM and 37.7% YOY
Jul ’21 Total Chinese Dairy Imports Reached a Record High Seasonal Level
The Jul ’21 YOY Increase in Chinese Dairy Imports was the 23rd Experienced in a Row
New Zealand & the EU-27+UK Accounted for 75% of Total Jul ’21 Chinese Dairy Imports
The Jul ’21 New Zealand Share of Total Chinese Dairy Imports Increased Most Significantly
Chinese Dairy Imports From New Zealand up the Most Over the Past 12 Months