In 2023, the import value of milk with a fat content exceeding 6% to China was not explicitly stated. From 2024 to 2028, data shows a steady increase, starting at $619.95 million in 2024 and reaching $736.89 million in 2028. This reflects a compound annual growth rate (CAGR) over the five-year forecast period, while year-on-year growth suggests a consistent annual increase in import values, pointing to robust demand.
Future trends to watch for include:
- Changes in domestic milk production affecting import needs
- China's evolving dietary patterns and preferences
- Impact of international trade policies and tariffs
- Technological advancements in milk production and processing