China’s dairy import policies are changing, driven by growing consumer demand. The import of dairy products like cream, butter, and Italian cheeses is rising, even as overall dairy imports slow down.
China’s dairy import policies are undergoing significant changes, driven by the increasing purchasing power of Chinese consumers. In 2024, China saw a notable surge in the importation of key dairy products like cream and butter, despite a general slowdown in overall dairy imports. According to recent data, the average monthly price of imported milk equivalents decreased, dropping from $59.78 per 100 kg in October to $48.48 by December. This trend reflects the growing demand for higher-quality dairy products, as more consumers in China are opting for premium items.
The Chinese dairy market has seen notable growth in specific categories, particularly Italian cheeses. Imports of Italian cheeses grew by 34%, while fresh cheeses saw an impressive 43.2% rise, now capturing 12% of the market volume. Even grated or powdered Italian cheeses saw a 15.7% increase. These shifts suggest a growing preference among Chinese consumers for European dairy, which is gaining a strong foothold in the market.
While overall dairy imports declined by 10% throughout the year, these changes indicate a promising future for the importation of certain dairy goods, including cheeses, as consumer preferences evolve. China’s continued policy adjustments are expected to play a critical role in shaping the global dairy industry, keeping the spotlight on China as an important player in international dairy trade.
As China adapts its policies to meet the demands of its increasingly affluent population, the dairy industry remains a critical area of growth and interest. These developments highlight the potential for further growth in dairy-related imports, particularly those coming from European markets, as consumer tastes and economic factors evolve.