Meat imports to China decreased by 17 percent in June

Published 2021년 7월 20일

Tridge summary

In June 2021, China's meat imports decreased by 17% compared to the same month in 2020, totaling 743,000 tonnes, primarily due to a drop in domestic pork prices. Despite this, the first half of the year saw a rise in meat imports compared to the previous year, reaching 5.08 million tons. Meanwhile, Vietnam's animal import turnover in the first half of 2021 increased by 8.9%, with pork and processed products imports approaching 70,000 tons. The majority of meat imports were from Russia, followed by the USA, India, the Netherlands, and Poland.

China's domestic pork prices have significantly reduced by half since the start of the year, attributed to increased imports and production after the African swine fever outbreak. In contrast, Vietnam's imported pork makes up only about 4% of the country's total meat consumption, indicating a minimal impact on the domestic market. The article also mentions the challenges in pork imports faced by Vietnam due to the African swine fever outbreak but highlights the country's efforts to mitigate these issues through imports of breeding pigs and poultry.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In June 2021, China imported 743,000 tonnes of meat, 17 percent less than in the same month of 2020. According to Reuters, the fall in domestic pork prices hit Chinese meat import demand. Imports in June also decreased by 5.8 percent from the May level (789 thousand tons). However, meat imports in the first half of the year amounted to 5.08 million tons, according to China's General Customs Administration, and was higher than last year's 4.75 million tons, which was recorded in the first half of 2020. Domestic pork prices have halved since the beginning of this year, fueled by higher imports and increased production due to the renewal of livestock and expansion of farms after African swine fever has wiped out herds. Last week, prices were 21.94 yuan ($ 3.39) per kilogram. Read also: The Chinese are building pig power Vietnam's total animal import turnover in the first six months of 2021 is estimated at $ 1.82 billion, an increase of 8.9 percent year-on-year. The latest data from ...
Source: SwiatRolnika

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