Skip to content
800-884-8290

|

Client Login

|

Open an Account
  • About Us
  • Services
    • Futures & Options Brokerage
    • Organic Grain Swaps
    • Margin Management
    • Commodity Marketing Education
    • Consulting & Insurance
  • Research
    • Dairy
    • Livestock
    • Grain & Oilseeds
    • Ethanol & Biodiesel
  • Account
  • Quotes
  • Contact Us

Chinese Dairy Imports Update – Aug ’20

  • August 28, 2020
  • by Belinda Przybylski
Executive Summary Chinese dairy import figures provided by IHS Markit were recently updated with values spanning through Jul ’20. Highlights from the updated report include:
  • Chinese dairy import volumes increased on a YOY basis for the 20th time in the past 22 months during Jul ’20, finishing up 19.8% and reaching a record high seasonal level.
  • Chinese whole milk powder import volumes declined to a four year low seasonal level during Jul ’20 however Chinese skim milk powder import volumes and dairy imports excluding SMP and WMP each reached record high seasonal levels throughout the month.
  • The market share of Chinese dairy imports originating from within the U.S. increased most significantly from the previous year throughout Jul ’20, while the market share of Chinese dairy imports originating from within New Zealand finished most significantly below previous year levels.
Additional Report Details According to IHS Markit, Jul ’20 total Chinese dairy import volumes remained higher on a YOY basis for the 20th time in the past 22 months, finishing up 19.8% and reaching a record high seasonal level for the month of July. 2019 annual Chinese dairy import volumes increased 13.7% on a YOY basis, reaching a record high level, while 2020 YTD import volumes have increased by an additional 6.9% throughout the first seven months of the calendar year. Chinese whole milk powder (WMP) import volumes declined 11.3% on a YOY basis throughout Jul ’20, reaching a four year seasonal low level, however Chinese skim milk powder (SMP) import volumes increased 2.5% YOY, reaching a record high seasonal level. Chinese dairy imports excluding SMP and WMP increased 33.1% YOY, also reaching a record high seasonal level. The YOY increase in Chinese dairy imports excluding SMP and WMP was the 12th experienced throughout the past 13 months. The market share of Chinese dairy import volumes originating from within the United States increased most significantly on a YOY basis throughout the month of July, while the market share of imports originating from within New Zealand finished most significantly below previous year levels. The U.S. market share of Chinese dairy import volumes increased to 10.3%, up from the 7.2% market share experienced during July of 2019. Jul ’20 Total Chinese Dairy Import Volumes Increased to a Six Month High Level Jul ’20 Chinese Dairy Import Volumes Increased 12.3% MOM and 19.8% YOY Jul ’20 Total Chinese Dairy Imports Reached a Record High Seasonal Level Jul ’20 Chinese WMP Import Volumes Declined 1.0% MOM and 11.3% YOY Jul ’20 Chinese WMP Imports Declined to a Four Year Seasonal Low Level Jul ’20 Chinese SMP Import Volumes Increased 43.2% MOM and 2.5% YOY Jul ’20 Chinese SMP Imports Reached a Record High Seasonal Level Jul ’20 Chinese Dairy Imports Excluding WMP & SMP Increased 10.8% MOM and 33.1% YOY Jul ’20 Chinese Dairy ‘Other’ Imports Reached a Record High Seasonal Level NZ & the EU-28 Combined to Account for 74% of All Jul ’20 Chinese Dairy Import Volumes The Jul ’20 New Zealand Share of Total Chinese Dairy Imports Remained Lower YOY The Jul ’20 U.S. Share of Total Chinese Dairy Imports Increased Most Significantly YOY Chinese Dairy Imports From the EU-28 up the Most Over the Past 12 Months  
New Zealand Milk Production Update – Aug ’20
Global Dairy Trade Results Update – 9/1/20
Dairy
Ethanol
Livestock
Grain

Recent Dairy Research

  • Food Service Sales Update – Dec ’22
  • Global Dairy Trade Update 11-15-22
  • Dairy Products Production – Jul ’29
  • USDA Semi-Annual EU Dairy Production Report
  • U.S. Dairy Cold Storage Update – May ’22
Atten Babler Commodities LLC
11406 US Route 20 W
Galena, IL 61036
800-884-8290
Privacy Policy
Futures, options and swaps brokerage is provided through Atten Babler Commodities LLC. The risk of loss in trading commodity futures and options and swaps is substantial. Swaps trading should only be undertaken by investors who are Eligible Contract Participants (ECPs) within the meaning of Section 1a(18) of the Commodity Exchange Act. Before trading, you should carefully consider your financial position to determine if futures, options or swaps trading is appropriate. When trading futures, options or swaps, it is possible to lose more than the full value of your account. All funds committed should be risk capital. Past performance is not necessarily indicative of future results. Atten Babler Commodities LLC use sources that they believe to be reliable, but they cannot warrant the accuracy of any of the data included in this site. Opinions and market data are subject to change at any time. Unless otherwise stated the information contained herein is meant for informational purposes only and is not a solicitation to buy futures or options or swaps.
© Copyright 2023 Atten Babler Commodities LLC