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China - Meat And Poultry - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: Sep 15, 2023

China's June 2023 Import of Meat and Poultry Surges to $2.3B

China Meat And Poultry Imports

In June 2023, after two months of decline, there was significant growth in purchases abroad of meat and poultry, when their volume increased by 16% to 550K tons. Overall, imports saw a relatively flat trend pattern.

In value terms, meat and poultry imports surged to $2.3B (IndexBox estimates) in June 2023. In general, imports, however, saw a relatively flat trend pattern. China Meat And Poultry Imports By Country (Million USD)

COUNTRY	Import Value of Meat And Poultry in China (million USD)
COUNTRY	Jun 2022	Jul 2022	Aug 2022	Sep 2022	Oct 2022	Nov 2022	Dec 2022	Jan 2023	Feb 2023	Mar 2023	Apr 2023	May 2023	Jun 2023
Brazil	903	1,052	1,073	1,014	1,142	1,051	944	825	707	699	523	425	818
Australia	162	244	198	192	205	244	175	203	140	146	198	232	248
United States	287	305	288	318	229	275	267	217	176	229	212	257	239
New Zealand	202	233	242	234	186	145	149	185	190	210	221	182	232
Argentina	253	335	335	278	234	254	234	199	168	219	183	193	223
Spain	73.2	71.6	88.0	103	84.9	99.9	138	142	113	78.4	78.1	92.1	66.3
Denmark	15.7	14.3	26.6	44.3	59.5	69.2	72.6	95.5	50.5	25.9	17.8	16.1	19.3
Others	429	481	526	445	391	410	485	427	419	403	393	447	405
Total	2,326	2,734	2,776	2,628	2,531	2,548	2,465	2,294	1,963	2,010	1,825	1,845	2,250

Imports by Country

In June 2023, Brazil (208K tons) constituted the largest meat and poultry supplier to China, with a 38% share of total imports. Moreover, meat and poultry imports from Brazil exceeded the figures recorded by the second-largest supplier, Argentina (50K tons), fourfold. The third position in this ranking was held by the United States (49K tons), with a 9% share.

From June 2022 to June 2023, the average monthly growth rate of volume from Brazil totaled +1.3%. The remaining supplying countries recorded the following average monthly rates of imports growth: Argentina (+0.4% per month) and the United States (-1.4% per month).

In value terms, Brazil ($818M) constituted the largest supplier of meat and poultry to China, comprising 36% of total imports. The second position in the ranking was held by Australia ($248M), with an 11% share of total imports. It was followed by the United States, with an 11% share.

From June 2022 to June 2023, the average monthly rate of growth in terms of value from Brazil was relatively modest. The remaining supplying countries recorded the following average monthly rates of imports growth: Australia (+3.6% per month) and the United States (-1.5% per month).

Imports by Type

Beef (cattle meat) (234K tons), chicken meat (138K tons) and pork (128K tons) were the main products of meat and poultry imports to China, with a combined 91% share of total imports. Lamb and sheep meat, horse, mule and donkey meat, turkey meat, goat meat and meat of camels and other animals lagged somewhat behind, together comprising a further 9.1%.

From June 2022 to June 2023, the biggest increases were in goat meat (with a CAGR of +69.4%), while purchases for the other products experienced more modest paces of growth.

In value terms, beef (cattle meat) ($1.3B) constituted the largest type of meat and poultry supplied to China, comprising 57% of total imports. The second position in the ranking was held by chicken meat ($444M), with a 20% share of total imports. It was followed by pork, with a 13% share.

Import Prices by Country

In June 2023, the meat and poultry price amounted to $4,090 per ton (CIF, China), surging by 5.2% against the previous month. In general, the import price, however, showed a mild decrease. The pace of growth was the most pronounced in July 2022 when the average import price increased by 7.9% m-o-m. As a result, import price attained the peak level of $5,074 per ton. From August 2022 to June 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Australia ($5,837 per ton), while the price for Canada ($2,143 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the meat and poultry market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 1108 - Meat of asses
FCL 1089 - Meat of pigeons and other birds nes
FCL 947 - Buffalo meat
FCL 1127 - Meat of camels
FCL 867 - Meat of cattle
FCL 870 - Meat of cattle, boneless
FCL 1058 - Chicken meat
FCL 1069 - Duck meat
FCL 1017 - Goat meat
FCL 1073 - Goose meat
FCL 1097 - Horse meat
FCL 1111 - Meat of mules
FCL 1158 - Meat of other domestic camelids
FCL 1151 - Meat of other domestic rodents
FCL 1035 - Pig meat
FCL 1141 - Rabbit meat
FCL 977 - Meat of sheep
FCL 1080 - Turkey meat

Country coverage:

China

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in China
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Producing Animals Slaughtered, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023

China - Meat And Poultry - Market Analysis, Forecast, Size, Trends and Insights

China's June 2023 Import of Meat and Poultry Surges to $2.3B

China Meat And Poultry Imports

Imports by Country

Imports by Type

Import Prices by Country

Product coverage:

Country coverage:

Data coverage:

Reasons to buy this report:

1. INTRODUCTION

2. EXECUTIVE SUMMARY

3. MARKET OVERVIEW

4. MOST PROMISING PRODUCT

5. MOST PROMISING SUPPLYING COUNTRIES

6. MOST PROMISING OVERSEAS MARKETS

7. PRODUCTION

8. IMPORTS

9. EXPORTS

10. PROFILES OF MAJOR PRODUCERS

LIST OF TABLES

LIST OF FIGURES

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