New Zealand dairy group Fonterra Co-operative Group said on Thursday [16 June 2016] it plans to conduct a trial of online sales of eat-at-home ice cream tubs in China as it shifts its focus to higher-margin consumer products following a slump in dairy prices. Fonterra will sell its “Tip Top” brand of ice cream on Tmall, an e-commerce provider operated by Alibaba Group Holding, the dairy group said…Full Article: The Global Times June 2016
- In 2014, China’s ice cream sales totaled US$11.4 billion.
- In January 2016, Australia’s Blackmores and Bega Cheese announced they would market approximately 20,000 tins of infant formula on Alibaba’s Tmall.com.
- From 2010 to 2015, Chinese (incl. Hong Kong and Macau) imports of ice cream products increased from 9,861 MTs to 23,869 MTs. In 2015, approximately 25% of Chinese ice cream imports entered via Hong Kong, while the remaining 75% entered via the mainland. In 2015, France was the largest supplier (11,288 MTs), followed by South Korea (4,590 MTs), and Thailand (2,116 MTs). New Zealand was the fifth largest supplier at 794 MTs.