China increases imports of whey from the USA, the Netherlands and Belarus China increases imports of whey from the USA , the Netherlands and Belarus

From 2010 to 2020, China's whey imports more than doubled, from 263,000 tons to 622,000 tons. In value terms, imports over this period increased from $338 million to $810 million.

These figures are provided in IndexBox's CHINA - Whey - Market Analysis, Forecast, Size, Trends and Statistics report.

In 2020, China's whey import volume increased by 38% compared to 2019. In value terms, whey imports increased from $598M in 2019 to $810M (IndexBox estimates) in 2020.

In 2020, the US (246 thousand tons) was the largest supplier of whey to China with a 40% share of total imports. Moreover, whey imports from the US were 4 times higher than the second largest supplier, Belarus (59 thousand tons). The Netherlands (57 thousand tons) ranked third in terms of imports with a share of 9.2%.

In 2020, US imports grew by 52.3% compared to 2019. Deliveries from Belarus and the Netherlands increased by 61.7% and 67.9%, respectively.

In value terms, the US ($212 million) is China's largest supplier of whey, accounting for 26% of total imports. The second position in the ranking was occupied by France (101 million dollars) with a share of 12% of total imports, followed by the Netherlands with a share of 9.8%.

In 2020, the average import price of whey was $1,301/ton, down 1.9% from the previous year. Prices varied markedly depending on the country of origin. The country with the highest price was Germany ($2,236/ton), while the price for Belarus ($857/ton) was one of the lowest. In 2020, the most notable price growth was achieved in the United States, while prices at other significant suppliers increased at a more modest pace.

agbz.ru, indexbox.io