China to Increase Powdered Milk Imports

2025. This growth in demand from the East Asian giant presents an immensely positive news for dairy-producing and exporting countries, given that China is one of the largest global purchasers of this commodity. Factors driving China’s demand for WMP are historically linked to urban population growth, increased purchasing power, and dietary shifts towards higher consumption of protein and dairy products. This scenario suggests renewed confidence in consumption and economic recovery in the country, translating directly to a greater appetite for whole milk powder. A rise in China’s WMP imports has the potential to create an upward impact on international milk prices. The magnitude of the Chinese market means that an increase in their purchases can influence global quotations, benefiting dairy producers and the dairy industry as a whole. For investors and market analysts, these USDA projections are crucial for strategic decision-making within the milk value chain. As for the main ...