CHINA

China continues to break beef import records

Beef

In March, China imported 240 thousand tons of beef, the third monthly record in a row

Posted on Apr 25 ,00:20

China continues to break beef import records

It completed 770 thousand tons in the first quarter of the year, exceeding by 21.5% the volume entered in January-March 2023, which until now was the highest in history.

The price per ton was US$ 4,781 in the first quarter, reflecting a 10% drop compared to US$ 5,315 in the same period of 2023.

In March the price per ton rose by about US$200, from US$4,669 in February to US$4,875, interrupting a two-month bearish streak.

According to the General Administration of Customs of China, imports in March exceeded by 14% the tons imported in the same month of the previous year and the increase in value was 7.4% for a total of US$ 1,170 million.

Pork imports fell 39% to 90,000 tons in March and totaled 260,000 in the first quarter, a 51% drop compared to the 530,000 imported in January-March 2023.

 NEWSLETTER - Stay informed with the latest news!

Comments





Similar articles

AUSTRALIA

MLA: Significant strides made in North America market

Central to the Aussie Meat Academy are influential food industry professionals who are passionate...


Read more Read more
WALES

Muslim markets support the future of Welsh Lamb sales, says expert

“Looking at the United Kingdom alone, there are 3.9m Muslims and our research suggests that...


Read more Read more
INTERNATIONAL

A year of milestones for the Europe, Middle East and Africa region

A record-breaking Gulfood attendance set the tone for the year, with tradeshows and exhibitions b...


Read more Read more
Websolutions by Angular Software and SpiderClass