CHINA

China: Big decrease in pork imports

Pork

According to preliminary data from the customs administration, the import volume fell by around 1.6 million to or 54% to 1.35 million to.

Posted on Jul 28 ,04:35

China: Big decrease in pork imports

 

A minus of almost 64% to $2.93 billion (EUR 2.86 billion) is reported for import expenditure; the prices on the pig market in the People's Republic were comparatively low over long stretches of the period under review. The reason for the slump in the purchased quantity was the fact that China's meat production has increased significantly. In the first half of the year, China's pork production increased by 8.2% to 29.4 million tons compared to the same period last year, according to government figures.

Chinese importers were particularly reluctant to buy fresh, chilled and frozen pork. Compared to the previous year, this goods item saw a decrease of 64.2% to 799,000 t; from January to June 2021 it was still 2.23 million to. In contrast, imports of pork by-products were reduced by only 13.5% to 512,900 million tons.

All pork exporters have suffered sharp falls in sales in China so far this year. This also affected Spain, which remained the top supplier with a total of 343,400 to, but had to cope with a drop in exports of 523,800 to or 60.4%. While the export of chilled and frozen goods fell by 68.2% to 229,000 to, the drop in meat by-products was less, at 22.0% to 114,300 to. Denmark and the Netherlands also recorded sharp declines in their exports of chilled and frozen pork to China, namely 60.6% and 73.7% respectively.

However, the Danes were one of the few suppliers that managed to sell more offal to China; the volume compared to the first half of 2021 increased by 7.6% to 83,500 to.

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