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 […]
China’s Appetite for Consumer Dairy Products Grows
China’s economic growth has slowed dramatically from pre-pandemic gains as the country continues to implement Covid restrictions. China’s appetite for some dairy products, however, has grown as consumers look to value-added products and the country’s pork industry recovers following devastating outbreaks of African swine fever that began in 2018. According to Sarina Sharp, analyst with […]
FSSAI mandates registration of foreign food factories including dairy plants
Foreign food manufacturing facilities exporting certain “high-risk” categories to India need to mandatorily register with the Food Safety and Standards Authority of India (FSSAI) effective February 1, 2023. The categories identified for mandatory registration includes milk and milk-based products, meat and meat products including poultry and fish, infant nutrition, nutraceuticals and egg powder. As per […]
Health stamp must for imports of fish, dairy products
Imported consignments of milk, milk products, pork, fish and fish products will require health certificates issued by the competent authority of the exporting country. The certificates will be valid till 90 days from the date of issue. The Central Board of Indirect Taxes and Customs (CBIC) has instructed its officials regarding the requirement of the health certificate […]