In September 2023, China's mutton imports decreased for the fourth consecutive month, reaching a new low in the past two years. The main import sources of mutton were Australia and New Zealand, accounting for 97.72% of total imports. The average CIF price of mutton continued to decline.
On the other hand, mutton exports showed growth both year-on-year and month-on-month, with the main export destination being Hong Kong, China. The average export price of mutton remained stable. There was a significant increase in live sheep imports from Mongolia.
Overall, mutton imports declined, while mutton exports grew, and live sheep imports increased from Mongolia.