Executive Summary

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 23^rd 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 23^rd 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