The USDA Dairy World Markets and Trade report forecasts a rise in China's butter imports in 2024 due to increased domestic consumption across various sectors such as bakery products, yogurt, ice cream, and food services. High-end food processors, especially premium bakeries, prefer butter over plant-based alternatives. Despite a slight increase in China's domestic butter production, it is expected to remain inadequate for premium uses, leading to continued reliance on imported butter, primarily from New Zealand and the EU.