Chinese beef imports increased 12 percent this year

Published 2022년 12월 15일

Tridge summary

China's imports of fresh and frozen beef from its top suppliers, Brazil, Argentina, Uruguay, New Zealand, and Australia, accounted for 86.9% of total imports in the first nine months of 2022. While imports have been on the rise from other countries, particularly the US, the UK's exports have seen a decrease despite the country reopening trade with China in 2019. The majority of Chinese beef imports were frozen (over 96%). Despite pork being the staple meat in China, beef demand is expected to grow due to the African Swine Fever and an increase in higher-income households. However, the foodservice sector has not yet recovered to pre-pandemic levels, and the economy is still being impacted by zero-COVID policies. Industry reports predict that China's beef imports will see slight growth in the long term.

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

Original content

Brazil, Argentina, Uruguay, New Zealand and Australia, the top 5 suppliers of fresh and frozen beef to China, accounted for 86.9% (1.69 million tonnes) of the total imports. Over the last four years, imports have been increasing from the rest of the world, driven particularly by the US. China opened up trade with the UK in 2019 after lifting a ban imposed following the BSE outbreak. For the year to date (January-September), the UK has exported just over 1,000 tonnes of fresh and frozen beef to China. While this is double the volume recorded for the same period in 2021, it is down on both 2019 and 2020. Frozen beef accounted for just over 96% of Chinese beef imports between January-September 2022, holding relatively stable at this level over the last 4 years. While pork remains the staple meat among Chinese consumers, beef demand is forecast to grow. Pressures from African Swine Fever (ASF) coupled with an increase in higher-income households within the Chinese population have ...

Source: EuroMeat