China to halve pork imports in 2022

Published Jan 30, 2023

Tridge summary

China's pork production rose by 4.6% in 2022, reaching 55.41 million tons, as the number of pigs sent for slaughter increased by 4.3% to 700 million, according to the National Bureau of Statistics of China. Despite this, the country's pork imports fell by 53% to 1.76 million tons in 2022, or by 42% when considering offal, before seeing a steady increase in imports to 200 thousand tons in December. Experts predict that China's record pork imports will continue to decline, which is expected to have a positive effect on the global meat market by reducing prices.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to the National Bureau of Statistics of China, pork production last year increased to 55.41 million tons, or 4.6% compared to 2021. The number of pigs sent for slaughter increased by 4.3% compared to last year and reached 700 million heads. It is reported by the Information and Analytical Agency EMEAT. China's pig herd reached 452.56 million at the end of 2022, up 0.7% from December 2021, according to official statistics. Data from China's General Administration of Customs shows the country cut pork imports last year by 53% from 2021 to 1.76 million tons. Taking into account offal, the decrease is 42%, or 2.87 million tons. But on a monthly basis, the situation is completely different: in the first 7 months of 2022, pork imports to China fell to 120 thousand tons in June and July, then the trend changed to a steady increase and ...
Source: Agrosektor

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