China Butter Imports Increase in The First-Half of 2024
09/11/2024

China Butter Imports Increase in the First Half 2024

09/11/2024

China Butter Imports Increase in The First-Half of 2024China imports Butter have increased by $4.92M (6.39%) from $77M to $81.9M between July 2023 and July 2024, premium bakeries play a crucial role for growth. 

In July 2024, Butter were imported into China mostly from New Zealand ($61.9M), Australia ($5.56M), France ($5.45M), Belgium ($4.7M), and Netherlands ($2.78M). 

In September 2024, Butter price in China: The retail price range in Renminbi ¥ for butter is between CNY 16.87 and CNY 33.73 per kilogram or between CNY 7.65 and CNY 15.30 per pound(lb) in Beijing.

Top period for Butter China Imports was in 2022, China imported $890M in Butter, the country had becoming the 4th largest importer of Butter in the world. At the same year, Butter was the 239th most imported product in China.

In 2023, the volume of butter imported to China from New Zealand amounted to around 114.2 thousand metric tones. The total volume of butter imports in China increased to about 131 thousand metric tones that year.

The fastest growing import markets in Butter for China between 2021 and 2022 were New Zealand ($236M), France ($8.48M), and Belgium ($6.21M).

China Premium Bakeries Play A Crucial Role For Growth Butter ImportsLook at this recent article from DAIRYGLOBAL

In 2024, China's market demand for butter, including cream and anhydrous milk fat (AMF), is growing across various sectors such as bakery products, yogurt, ice cream, and food services. 

High-end food processors, especially premium bakeries, prefer to use butter over plant-based alternatives. This increase in demand has led to a 10% increase in butter imports in the first half of 2024, particularly from New Zealand and the EU.

…..See more from DAIRYGLOBAL here   

Butter price in China in September 2024

Imported Butter in China seems quite well positioned despite butter was not applied in traditional Chinese cooking, especially in baked goods such as cookies and cakes. 

Today, China is overflowing with home-made bakery and catering, butter find its right spots in Chinese bakeries that produces and sells flour-based baked goods made in an oven such as bread, cookies, cakes, doughnuts, bagels, pastries.

The quality of imported butter that made premium cookies with delicious tastes, China imports more butter as food ingredients for its food production demand. Explanation China’s dairy import surges with dairy Chinese importers

China.org© support direct exporting to China from global suppliers! Response complex inquiries. Right now, the Chinese pastry sector developed quite magnificently rich with variety, butter as sort popular ingredients to make pastry testy and delicious, therefore, China butter imports increase in the first half of 2024...

China.org provides The List of Chinese Importers for Food Ingredients, this list is available upon request, let us know, we are in the position to support global suppliers exporting products or services to China.