China has increased the imports of fresh beef from Russia by one and a half times over the past year

Published 2024년 2월 2일

Tridge summary

China's purchases of fresh or chilled beef from Russia increased by 1.5 times in 2021, rising from $3.95 million to $6.1 million, as reported by the Chinese State Customs Administration. Despite this, the cost of purchasing frozen beef decreased from $142.9 million to $104.9 million. The Center for Industry Expertise of Rosselkhozbank predicts a further increase to 45 thousand tons next year. The National Meat Association anticipates that China will significantly influence the global beef market in the coming years due to changing consumption patterns.

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Original content

Last year, China increased purchases of fresh or chilled beef from Russia in monetary terms by one and a half times - from 3.95 to 6.1 million dollars. Interfax reports this with reference to data from the Chinese State Customs Administration (GTU of the PRC). The Center for Industry Expertise of Rosselkhozbank, which the news agency also refers to, provided more precise figures - 41 thousand tons. Next year the organization predicts an increase to 45 thousand. At the same time, the cost of purchasing frozen beef, according to the State Technical University of China, on the contrary, fell from 142.9 to 104.9 million dollars. The organizations did not specify how much of it was purchased in natural weight. However, it is noted that China is the largest importer of this meat from our country. China allowed supplies of pig products from Russia In addition, the Federal Center for the Development of Exports of Agricultural Products (Agroexport, owned by the Ministry of Agriculture) ...

Source: Rosng