China imports 13 percent more pork in the first six months of the year

Published 2023년 8월 1일

Tridge summary

China saw a significant increase in import expenditure, largely due to higher world market prices. European suppliers, particularly those from the EU, lost market share to competitors from North America and Brazil. Chinese importers showed a strong interest in purchasing fresh, chilled, and frozen pork, with Spain and Brazil being the main suppliers. The United States and Canada also experienced substantial increases in pork exports to China, while Denmark saw a decrease in sales of by-products. The Netherlands had the highest increase in pork sales to China among EU countries.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Chinese authorities report an even larger increase of 31 percent to 3.46 billion euros on import expenditure. This is due to the higher world market prices. Prices from suppliers from the European Union (EU) were often higher than competitors from North America and Brazil, causing Europeans to lose market share. A more detailed analysis of trade data by the Danish agricultural and food industry association shows that Chinese importers were mainly interested in buying fresh, chilled and frozen pork. Purchases of this item increased by 134,000 tons or nearly 17 percent from the first half of 2022 to nearly 932,700 tons. The import of pig by-products, on the other hand, increased by 8 percent to 555,400 tonnes. Spain and Brazil main importers Spain remained the main supplier, but only managed to increase its total sales by 2.4 percent to 351,700 tons. More successful in terms of growth was Brazil, which increased its deliveries of fresh and frozen pork to China by about a third ...
Source: Nieuwe Oogst

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