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Monday 25.09.2017 | Name days: Rauls, Rodrigo
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Food Union: China could become one of five largest export markets in five years’ time

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Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RUIn parallel with existing ice cream exports, Latvian milk processing company Food Union has commenced regular exports of dairy products to China. Food Union is the first Baltic company that has successfully entered the Chinese market with its product offer.

«Exports of dairy products to China mark the second consecutive step from Food Union to establish a foothold in this country. And although it has taken more time than it had taken to begin exports of ice cream, it remains the biggest and most important accomplishment for us. If we continue working as planned and increase export volumes, China may very well become one of our most important export markets,» – says Chairman of Rīgas piena kombināts Normunds Stanevics.

Food Union has begun exports of UHT milk (milk that was pasteurized under in high temperature to ensure longer shelf life) under Limbažu milk and Rasa milk in 200 ml packages, which are sold in Shanghai premium supermarkets in 16 package bundles. Food Union’s products in China are offered as highest quality milk from Latvia, which is a European country that has been nurturing its dairy traditions for hundreds of years in a natural, clean and green environment, as BNN was told by the company.

Starting from June 2016, Food Union exports milk to China in containers by sea two-three times a month. It is planned to send around 300 tons of milk to China by the end of the year. China may become one of five largest export countries for Food Union. This may help the company cover the losses caused by the Russian embargo.

China’s dairy market is measured in EUR 45 billion, which continues to grow by 10% every year.

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