Milk Products Imported More to Shanghai, China in 2017


According to Shanghai Customs statistics, in 2017, Shanghai imported milk products 896,000 tons, up 16.2% from 2016 (YOY); worth 19.14 billion yuan, up 40.7% YOY; average import price at 21,000 yuan per ton, up 21.1% YOY.

In December 2017, the dairy import reached 69,000 tons, down 12.9% month-on-month and up 12.7% YOY, maintaining a continuous increase since February 2017; average import price at 22,000 yuan per ton, down 3.8% MOM and up 15.9% YOY.

New Zealand was the largest source of import, less from the EU. In 2017, Shanghai imported 387,000 tons of milk products from New Zealand, up 31.5% YOY, accounting for 43.2% of the total import; imported 330,000 tons from the EU, down 1.2% YOY, accounting for 36.8%; imported 92,000 tons from the United States, up 23.3%; imported 71,000 tons from Australia, up 45.6%.

Milk powder increased by over 30%, whey import price up.
In 2017, Shanghai imported 349,000 tons of non-concentrated unsweetened milk and cream, up 11.3% YOY, accounting for 38.9% of the total, average import price at 9027.3 yuan per ton, up 33.5%; imported milk powder 329,000 tons, up 30.9%, accounting for 36.7%; imported whey 102,000 tons, down 0.9%, average import price at 8063.3 yuan per ton, up 49.3%.
Source: ETCN