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Chinese Dairy Imports Update – Oct ’15

  • October 23, 2015
  • by wbabler
According to GTIS, Sep ’15 total Chinese dairy import volumes increased 5.6% MOM on a daily average basis while also finishing higher than the previous year for the second consecutive month, increasing 21.4% YOY. Total dairy import volumes remain significantly below the peak levels experienced in early 2014 but finished at a new record high level for the month of September. Total Chinese dairy import volumes typically decline to seasonal lows throughout the late summer months prior to increasing again throughout the winter months. Sep ’15 Chinese skim milk powder (SMP) imports declined 1.4% MOM on a daily average basis but increased 16.3% YOY, finishing at the second highest level experienced during the month of September. Sep ’15 Chinese whole milk powder (WMP) imports declined 10.6% MOM on a daily average basis but increased YOY for the first time in 13 months, finishing 40.2% above the previous year. Chinese WMP imports reached a three and a half year low during September of the last year. Sep ’15 Total Chinese Dairy Import Volumes Remain Below Highs Experienced in Early 2014 Chinese Dairy Imports - Oct Sep ’15 Total Chinese Dairy Import Volumes Finished up 5.6% MOM and 21.4% YOY Monthly Chinese Total Dairy Imports - Oct Total Chinese Dairy Import Volumes Set a Record High for the Month of September Chinese Total Dairy Imports Sep - Oct Sep ’15 Chinese WMP Import Volumes Finished Down 10.6% MOM but up 40.2% YOY Monthly Chinese WMP Imports - Oct Sep ’15 Chinese WMP Imports Were the Fourth Largest on Record for the Month of Sep Chinese WMP Imports Sep - Oct Sep ’15 Chinese SMP Import Volumes Finished Down 1.4% MOM but up 16.3% YOY Monthly Chinese SMP Imports - Oct Sep ’15 Chinese SMP Imports Were the Second Largest on Record for the Month of Sep Chinese SMP Imports Sep - Oct New Zealand Accounted for 30% of Total Sep ’15 Chinese Dairy Import Volumes Chinese Dairy Imports by Originating Country - Oct
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