| Product Code | BOA00011 |
|---|---|
| Publication Date | February 2008 |
| Publisher | BOABC |
| Product Type | Report |
| Pages |
Chinese dairy industry has become more market-oriented, which is greatly influenced by the trend of international dairy market. In 2007, world dairy market changed a lot with energy price hitting a new level, such as petroleum, and strong demand for biological energy. Quantities of corn are changed to ethanol in major dairy producing countries, resulting in strained supply and rising price. Consequently, the surging corn price as the main feed stuff for cow caused breeding cow cost growth on a large margin and rising raw milk price. The dairy production and export subsidy abolishment in EU seriously influenced the production of raw milk and dairy products among EU members. A durative drought in Australia caused the decline of raw milk and dairy products and an excessive sloppy weather also influenced dairy production in New Zealand. Other government, i.e. India, Argentina and Brazil, carried out export restriction policies as to protect national economy. In addition, producing enterprises in the US and EU prefer the combination of cheese and whey to milk powder and butter, directly influencing the production of milk powder and butter. Internationally, supply for milk powder, especially SMP, whey powder declined with price growth. Domestically, under the influence of international market, export price of whey powder and milk powder as raw material increased by a large margin, resulting in increasing demand for domestic dairy material. In addition, in the advantage of price, international market pay great attention on Chinese milk power, causing a dramatic export growth. Recently, due to the purchasing price exceeding the breeding cost growth, benefit declined on year-on-year basis, farmers lost above 40% in the first half of 2007. In the second half of 2007, raw milk and dairy product surged on a large scale, resulting in a great pressure on dairy enterprises, profit hitting the lowest level among dairy processing enterprises. Dairy industry in China is witnessing a formidable change and a dramatic conformity. Considering the current situation, the central government put forward a new legislation Proposals on Promoting a Durative and Healthy Development in China Dairy Industry, which will bring significant influence to the future dairy industry in China.
This report analyzes dairy production, consumption, market price, basic situation of import and export, market competition, relevant hot topics, policy direction and impact, development of main dairy processing and packaging enterprises in China and the development of the international dairy industry in 2007, there is also a forecast for the development trend of the Chinese dairy industry in 2008.
This report is a joint product of the experts of the Dairy Department, Beijing Orient Agribusiness Consultants Ltd.. These senior dairy analysts also make advice for relevant departments and associations, and keep a beneficial relationship with major dairy enterprises, relevant industry enterprises, which provide precious information and data for this report, assuring the veracity, authority and forward looking. This is a rare report which shall be of great value for dairy investment companies, producers, material suppliers, equipment suppliers and research institutes both at home and abroad to understand the development trend of the dairy industry, to make decisions on the positioning of the enterprise and to formulate development strategies.
PDF:24 to 48 hours within UK working business hours
PRINT/CD-ROM:
© 2010 | Report Buyer is a trading name for Piribo Ltd. Registered in England and Wales No. 05051530 | VAT Reg No. GB 839 4556 85