In 2023, China's cream import volume was recorded at 190.7 thousand metric tons. Forecasted data from 2024 to 2028 indicates a steady increase: 198.9, 207.2, 215.4, 223.4, and 231.2 thousand metric tons. The year-on-year growth rates are 4.29% from 2024 to 2025, 3.95% from 2025 to 2026, 3.71% from 2026 to 2027, and 3.49% from 2027 to 2028. The compound annual growth rate (CAGR) over this five-year period averages to approximately 3.86%.
Future trends to watch for:
- Impact of domestic dairy production on import levels
- Consumer demand shifts towards premium or alternative dairy products
- Trade policy changes affecting import tariffs and quotas
- Fluctuations in global cream market pricing and supply chain dynamics
