India-UK FTA Excludes Duty Concessions on British Dairy Imports
India and the United Kingdom have finalized a Free Trade Agreement (FTA) after negotiations that began in January 2022. A significant aspect of this agreement is India’s decision to exclude import duty concessions on sensitive agricultural products, notably dairy items such as milk, cheese, and apples. This move aligns with India’s consistent policy to protect […]
Chinese dairy imports to improve in 2025 – Rabobank
Chinese dairy imports could improve by “2% year on year” in 2025, according to a new Rabobank report. This would reverse the sharp decline in China’s net dairy product import volumes in the first eight months of this year which slumped year on year by 17%. According to the latest Rabobank analysis Chinese Skim Milk Powder (SMP) imports […]
China’s Dairy Industry – Market Trends and Opportunities
The dairy industry in China has boomed following the rise in incomes and living standards seen in recent decades. Previously a luxury product available only to the few, milk and dairy are increasingly becoming staples of the kitchen table, driven by changing attitudes and tastes. At the same time, the market has significant room for growth, […]
Rabobank: China’s Dairy Import Gap to Widen as Demand Surges
China plays a critical role in global dairy markets as the world’s largest importer, and it is eagerly developing pathways to grow domestic production. According to a recent dairy report by Rabobank, the country’s self-sufficiency rate swings between 70% and 80% and will likely not increase substantially, as domestic dairy production will not satisfy rising […]
Empty supermarket shelves for dairy amid high production in Israel
The milk shelves in Israeli supermarkets have been less than full in recent months. While the more expensive milk and dairy products can be found in abundance, regular 3% milk has been available sporadically. The price of this milk is regulated by the state and has become increasingly unprofitable to manufacture, with consumers paying the […]
We don’t need to import milk’, says Amul MD
The ₹10 lakh crore Indian dairy industry which also happens to be the largest milk producer in the world is in the midst of a decline in milk production. While Amul MD, Jayen Mehta, says there was just 1% decline in milk production in FY23, a back-of-the-envelope calculation by dairy experts from across the country […]
Dairy imports to India from New Zealand is a big ask- Earl Rattray
A new report from the India-New Zealand Business Council takes a fresh look at the state of the relationship between the two countries. The Asia Media Centre spoke to INZBC Chair Earl Rattray about the report, and where to next in the long-running relationship. The India New Zealand Business Council (INZBC) plays a critical role in […]
Firm milk prices key threat to falling inflation
Even as retail inflation is expected to start easing from April to about 5% if not lower thanks to broad-based fall in prices, elevated milk prices could play spoilsport, with analysts expecting milk inflation to remain near double digits at least through the summer. Despite India being the largest milk producer since 1998, the commodity […]
Milk production trebles every 25 years in India: R S Sodhi
Why the milk prices are going so high now ? Is it because of milk shortage or high surge in demand or both ? CNBC interviewed Sh R S Sodhi President Indian Dairy Association to get an answer. https://youtu.be/LkgHcO1iTgE Sh Sodhi answered all the questions and clarified that milk shortage may not be the only […]
Clarification Regarding Import of Dairy Products
The Government of India is well aware and considerate of the fact that dairying has been a major source of livelihood for millions of dairy farmers in the country and all the schemes/ programmes of the Government are aimed at further strengthening it. However, this is a fact that there has been some demand and […]