US replaces Australia as China's fifth largest beef supplier
US beef producers are increasing their market share in China continuing an upward trend seen in the last six months and shipping 12,397 tonnes of beef to this destination. With this volume, the US has become the fifth-largest beef supplier in China, surpassing Australia. Compared with April, there was a 32% increase in beef imports from the US, according to the B2B platform Beef to China.
However, results from other Asian markets are not so strong, according to US Meat Export Federation (USMEF). "While conditions are improving in many key markets, the COVID impact is the most intense it has ever been in Taiwan and heightened countermeasures are also in place in Japan and other Asian countries,", commented USMEF President and CEO Dan Halstrom.
Meantime, Australia seems to gain momentum in live cattle exports to the Chinese market, along with New Zealand and Uruguay. According to Beef to China, New Zealand ranks number 1 in live cattle exports to this market (34%), followed by Australia (30%) and Uruguay (27%). From January to May this year, Mainland China has imported a total of over 162,000 head of live cattle, already corresponding to more than a half (61%) of the total live cattle imports in the whole year of 2020. Compared with the first 5 months of 2020, the increase in livestock imports was 41%.
Outside the United States, global exports are expected to increase 2%. China's imports are foreca...
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