Executive Summary Chinese dairy import figures provided by GTIS were recently updated with values spanning through Apr ’16. Highlights from the updated report include: • Total Chinese dairy import volumes declined 18.2% MOM on a daily average basis but increased on a YOY basis for the ninth consecutive month during Apr ‘16, finishing up 12.5%. • Chinese dairy import volumes originating from within the EU-28 increased to a new monthly record high for the second consecutive month during Apr ’16. • Apr ’16 Chinese dairy imports excluding whole milk powder and skim milk powder remained particularly strong, finishing up 29.4% YOY to a new record high for the month of April. Additional Report Details According to GTIS, Apr ’16 total Chinese dairy import volumes declined 18.2% MOM on a daily average basis but remained up 12.5% YOY, finishing at the second highest level for the month of April on record. Total Chinese dairy import volumes have increased YOY for nine consecutive months through April however the March – April MOM decline in import volumes of 18.2% was significantly larger than the ten year average seasonal decline of 4.6%. Total Chinese dairy import volumes originating from New Zealand declined 7.9% YOY while import volumes originating from within the EU-28 increased to a new monthly record high during Apr ’16, finishing 69.4% higher on a YOY basis. Apr ’16 Chinese powder imports remained relatively weak, declining on both a MOM and YOY basis. Apr ’16 Chinese whole milk powder (WMP) declined 35.0% MOM and 5.4% to a four year low for the month of April while skim milk powder (SMP) import volumes declined 35.8% MOM and 31.1% YOY to a three year April low. Apr ’16 Chinese dairy imports excluding WMP and SMP remained strong, however, increasing by 29.4% YOY and finishing at a new record high for the month of April. Apr ’16 Total Chinese Dairy Import Volumes Remained Below the Jan ’16 Highs Apr ’16 Total Chinese Dairy Import Volumes Declined 18.2% MOM, Remained up 12.5% YOY Chinese Dairy Import Volumes Remained the Second Largest on Record for the Month of April Apr ’16 Chinese WMP Import Volumes Declined 35.0% MOM and 5.4% YOY Chinese WMP Imports Declined to a Four Year Low for the Month of April Apr ’16 Chinese SMP Import Volumes Declined 35.8% MOM and 31.1% YOY Chinese SMP Imports Declined to a Three Year Low for the Month of April Apr ’16 Chinese Dairy Imports Excluding WMP & SMP Down 8.6% MOM but up 29.4% YOY Chinese Dairy Imports Excluding WMP & SMP Finished at a April Record High The EU-28 Accounted for Over 40% of the Total Apr ’16 Chinese Dairy Import Volumes