Cows (Milk) Might Fly, to China, from Tasmania — Panjiva
MENU

Supply Chain Research

Cows (Milk) Might Fly, to China, from Tasmania

Ags - Meat/Dairy 251 Australia 125 China 2977 Consumer Staples 763 European Union 831

Chinese-owned VDL Farms plans to export milk by air to China from Tasmania from next year. Euromonitor estimate China’s milk demand could grow 8% annually. Panjiva data shows powdered milk imports have been in decline, dropping 10% in August. Yet, fresh milk imports jumped 28% in August after climbing steadily for two years. Import growth has so far come from the EU after production quotas ended, with VDL Farms’ move potentially adding 6% to Chinese imports of Australian milk.

Copyright © 2024 Panjiva Supply Chain Intelligence, a product offering from S&P Global Market Intelligence Inc. All rights reserved.