Key Market Indicators
Chinese Milk Powder exports are expected to reach almost 1.5 million kilograms by 2026, up from 1.35 million kilograms in 2021. This amounts to an average growth rate of 1.7% year-on-year since 1997. In 2021, China was the 38th largest exporter, with Singapore overtaking as the main supplier at 1.35 million kilograms. Germany, New Zealand and France were the second, third and fourth largest exporters respectively. Meanwhile, Chinese Milk Powder imports are projected to reach around 372 million kilograms by 2026, up from 309.6 million kilograms in 2021. This represents an average annual growth rate of 3.1% since 1997. The Philippines, Indonesia and Algeria were the second, third and fourth largest importers respectively.
