According to Shanghai Customs statistics, in the first quarter of this year, Shanghai Port imported a total of Dairy products 45,000 tons, the highest quarter since the accession to the WTO a new high, worth 100 million U.S. dollars, respectively, year on year growth of 15.1% and 43.5%, imports, average price per ton 2191.8 U.S. dollars, up 24.7%. Of these, 97.9% for general trade imports.
Since since November 2008, Shanghai Port imported dairy products has been maintained for 17 consecutive months in tons. In March this year, imports of dairy products, 18,000 tons, an increase of 27.2%, 64.6% sequential increase substantially, following the January after the customs area since the re-entry into the WTO refresh dairy imports monthly record.
Shanghai Port imported dairy products the average price since April last year, bottoming out, in March this year to 2,101.4 U.S. dollars per ton, up 47.4%, but higher than Financial Pre-crisis level of 2008, still down 37.2% over the same period.
The first quarter of this year, Shanghai Port from New Zealand, the United States and the European Union and other traditional sources of imported dairy products were 20,000 tons, 14,000 tons and 07,000 tons respectively, up by 13.2%, 2.5% and 45%; from these three Total imports of the relevant market area accounted for the same period 91.5% of total dairy imports.
Whey and Milk powder Decline in the proportion of cream and butter imports increased significantly. The first quarter of this year, Shanghai Port imported 17,000 tons of whey, down 4.5%, the average import price of 978.4 U.S. dollars per ton, up 18.1%; import milk powder 10,000 tons, down 11.5%, average price per ton 3021.6 U.S. dollars, up 18.9 %; the same period in relations between the two areas together account for imported dairy products for 61% of total imports, compared with the proportion fell 14.6 percent last year. Over the same period, imports were 06,000 tons cream and butter and 0.4 million tons, soared 96.6% and 1.3 times, accounting for the same period in the relevant area 14% of the total imports of dairy products and 8.1%, the proportion increased by 5.8 percentage points and 4.1 percentage points.
Industry analysis, the first quarter of this year, Shanghai Port imported dairy products high, first, the rapid growth in dairy consumption. According to the China Dairy Association, in recent years, high-end infant formula market in China grew rapidly, more than 30% annual growth rate to become world’s second largest after the U.S. market, is expected to rise this year as the first big market; Second, milk reflux events leading to domestic Dairy Confidence crisis. Since September 2008 Melamine After the incident, suffered a serious crisis of confidence in domestic dairy products, so as to import milk powder to the market space. This year a series of dairy support policies in support of, although the dairy industry recovery, but because of Shaanxi, Shanghai, Shandong and other places in a particular Dairy Businesses will not question the destruction of the melamine milk processing re-enter the market, resulting in consumption of consumer confidence in domestic dairy products again under attack, instead of the more popular imports of dairy products; third is inverted domestic milk prices to stimulate domestic enterprises import enthusiasm . By the financial crisis, the second half of 2008, international dairy prices began to fall sharply this year, although the price of a sustained recovery, but still lower than pre-crisis levels, was significantly lower than the national level.