Fourth consecutive month of Chinese imports below last year

Published 2024년 10월 25일

Tridge summary

In September, China imported 117,000 tons of frozen boneless meat from Brazil, making it the largest supplier of this type of meat to China since December 2023. The average price per ton was US$ 4,531. Other significant imports included 33.9 thousand tons of frozen bone-in meat, with Argentina as the main supplier and Uruguay experiencing the lowest imports in at least two years. Overall, China imported 2.1 million tons of beef in the year to September, valued at US$ 10 billion, marking a 3.4% increase in volume but a 7.2% decrease in value due to lower import prices.

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

Original content

The amount of these imports was US$ 1.03 billion, to which some US$ 12 million of offal is added. 107 thousand tons of frozen boneless meat arrived from Brazil at an average value of US$/t 4,531, 4 thousand tons less than in August and at an average value practically unchanged. Brazil was the origin of 60% of the frozen boneless meat that arrived in China in September, the largest proportion since December 2023. In the case of frozen bone-in, Argentina predominated by far with 14.7 thousand of the 33.9 thousand tons imported in the month, doubling the volume that arrived from Uruguay, which was only 7 thousand tons. Uruguayan meat imports were the lowest in at least two years for ...

Source: Agromeat