Pork exports to Asia in 2022

Published 2023년 2월 13일

Tridge summary

In 2022, the Danish agri-food industry saw a significant shift in the trade of pork and its by-products, with China and Hong Kong experiencing a decrease in imports due to lower demand and increased domestic production, while Japan and South Korea experienced increases. China's imports of fresh and frozen pork fell by 50% to 1.47 million tonnes, and by-products by 13.9% to 1.04 million tonnes. In contrast, Japan's imports rose by 8.2% to 977,100 tonnes, and South Korea's by 25.7% to 543,100 tonnes. The US, Spain, Canada, Mexico, and Brazil benefited from tariff reductions in imports to these countries.

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

Original content

Lower demand from China and Hong Kong According to the umbrella organization of the Danish agri-food industry (L&F), based on current foreign trade data, imports of fresh and frozen pork to China have halved compared to 2021 to 1.47 million tonnes. The decrease in the export of slaughter by-products was smaller and amounted to 13.9 percent. up to 1.04 million tons. China's import requirements were lower, mainly due to weaker demand for pork due to the coronavirus. In addition, own production increased by 4.6 percent. In Hong Kong, the same factors likely reduced the sourcing of pork from abroad by 28.7% and by-products by 73.6%. Japan increased pork imports The situation in Japan, the second largest importer of pork in the world, was completely different. In 2022, a total of around 977,100 tons of fresh and frozen pork cuts were imported there; it is by 8.2 percent. more than last year. Spain in particular benefited from the increased demand as it was able to more than halve its ...

Source: Farmer.pl