Chinese pork imports increase again

Published 2023년 5월 15일

Tridge summary

In the first quarter of 2023, China saw a significant increase in agricultural imports, with a year-on-year rise of 18.8%. This surge was observed across various product categories, especially in pork, where imports grew by the same percentage, reaching approximately 820,000 tonnes. Fresh and frozen pork products experienced the highest demand, leading to a 26% increase in imports. Countries like Brazil and Canada have notably benefited from China's higher pork import needs, while the USA also saw a 33% rise in pork exports to China. Despite the growth, European suppliers, notably Spain, are expressing concerns over the price disparity between their products and those from North and South American competitors, attributing it to higher costs in raising and rearing pigs.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The lifting of strict restrictions related to the coronavirus pandemic apparently increased imports of agricultural products to China in the first quarter of 2023. In many product areas, including meat, not only did imports increase year on year, but also exports. Imports increased by 18.8 percent. Customs administration data show that imports of pork increased by 18.8 percent. to about 820,000 tone. Fresh and frozen goods were in particularly high demand, and their imports increased by 26 percent. up to 530 thousand tone. Brazil and Canada benefit Brazil and Canada in particular have benefited from China's higher import requirements for fresh and frozen pork, according to the Danish umbrella organization for the agri-food industry (L&F). These countries more than halved their deliveries compared to the first quarter of 2022 to 121,850 tonnes and 41,175 tonnes, respectively. The increase in exports was also recorded in the USA, whose sales increased by one-third to 40,630 tonnes. ...

Source: Farmer.pl