Hot cheese spots in China are waiting for their suppliers

Market & Price Trends
Published Oct 30, 2023

Tridge summary

China has achieved 80 percent self-sufficiency in milk production and is increasing its dairy capacity, making it one of the top dairy countries in the world. The country's strategy is to reduce dependence on imports and ensure national food security. China's dairy industry is expanding into other countries, with investments in neighboring countries as well as New Zealand, Australia, Latin America, and Europe.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

The portal has read the report of Spanish dairy market analyst Camilo Friol, published on the portal, according to which China is increasing domestic milk production and reducing its imports, with the exception of cheeses. “As the largest importer of dairy products, China determines prices internationally, however, the strategy of the Chinese authorities is to achieve dairy self-sufficiency. Today, China already produces more milk than Germany, the main European producer, and is increasing its dairy capacity, making it one of the top dairy countries, second only to the United States, India and the EU, writes Camilo Friol. - China's milk production is in the hands of large companies such as Modern Dairy and has tripled since 2002, increasing by 30% in the last 5 years alone. Thus, China reached a production volume of 39.2 million tons of milk in 2022 and will end 2023 with figures above 41 million tons. China is increasing its production as part of a ...
Source: Agroxxi
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