The US Department of Agriculture expects an increase in Chinese pork imports

Published 2024년 3월 17일

Tridge summary

The US Department of Agriculture predicts that China will increase its pork purchases this year to 1.95 million tons due to an expected three percent decline in pork production. The decrease in production is attributed to reduced supplies, fewer pig slaughters, and a decrease in slaughter weight during fattening. However, the import of live pigs is expected to decrease due to concerns over new cases of ASF and low prices. Domestic pork consumption in China is also projected to fall by three percent to 57.8 million tons.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

This year, China will increase its purchases of pork. This is stated in the forecast of the US Department of Agriculture (publishes forecasts and data on agricultural indicators not only in the States, but also in other agricultural countries - ROSNG) They should amount to 1.95 million tons. This is slightly higher than last year’s figure, but the department does not specify by how much. In turn, the import of live pigs will be lower than last year (by how much is also not reported) and will amount to seven thousand heads. The main exporters of these animals are the USA, France and Denmark, the meat itself is also the USA, as well as Canada, Brazil and Spain. Let us also recall that, as part of a recent agreement, Russia also began importing it to China. Read also Demand for imported chicken will increase in China Pork imports should rise due to an expected decline in production of three percent year-on-year, or to 695 million head. Its reasons will be a ...
Source: Rosng

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