Hong Kong imported less pork over the first 9 months of 2019
Compared to the first nine months of 2018, this year Hong Kong has decreased the demand for pork imports by 19%, going under 500,000 tonnes, according to AHDB. This was also a third lower than 2017 levels. The value of total pig meat imports to Hong Kong amounted to HK$8.6 billion, 27% lower than a year earlier.
The EU accounted for 35% of Hong Kong’s total imports. By country, Brazil was the top supplier though, and these shipments were only 9% lower year-on-year. Brazil’s market share, therefore, increased by three percentage points compared to last year. Declines from other key suppliers were more significant. "Shipments from the US and the EU fell by 25% and 23% respectively, with German volumes particularly falling. Unsurprisingly, given the tight supply situation and biosecurity risks, volumes from China fell by 20% compared to last year," commented Bethan Wilkins, Senior Analyst for AHDB.
China is following the path of self-sufficiency in pig meat, with a rate of 100% for this year, a...