China - Fresh Or Chilled Carcases Of Beef And Veal - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFresh Beef Carcase Price in China - 2023
Contents:
- Fresh Beef Carcase Price in China (CIF) - 2023
- Fresh Beef Carcase Price in China (FOB) - 2022
- Fresh Beef Carcase Imports in China
- Fresh Beef Carcase Exports in China
Fresh Beef Carcase Price in China (CIF) - 2023
In June 2023, the average fresh beef carcase import price amounted to $24,251 per ton, reducing by -4.7% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.4%. The pace of growth appeared the most rapid in April 2023 an increase of 14% month-to-month. The import price peaked at $30,121 per ton in January 2023; however, from February 2023 to June 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($33,841 per ton), while the price for New Zealand ($10,700 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 United States (+2.1%), while the prices for the other major suppliers experienced a decline.
Fresh Beef Carcase Price in China (FOB) - 2022
In 2022, the average fresh beef carcase export price amounted to $5,708 per ton, rising by 71% against the previous year. Overall, the export price showed a relatively flat trend pattern. The export price peaked at $9,229 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Luxembourg ($6,052 per ton), while the average price for exports to the Czech Republic ($5,125 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+34.9%), while the prices for the other major destinations experienced a decline.
Fresh Beef Carcase Imports in China
Fresh beef carcase imports into China contracted significantly to 632 tons in 2022, with a decrease of -26.4% on the previous year. Overall, imports continue to indicate a precipitous descent. The smallest decline of -1.9% was in 2021.
In value terms, fresh beef carcase imports shrank significantly to $15M in 2022. Over the period under review, total imports indicated a perceptible increase from 2019 to 2022: its value increased at an average annual rate of +3.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +23.7% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 65%. As a result, imports reached the peak of $20M, and then declined rapidly in the following year.
| Import of Fresh Beef Carcase in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.4 | 2.8 | 9.8 | 7.7 | 47.5% |
| Australia | 10.4 | 9.1 | 9.9 | 6.8 | -13.2% |
| New Zealand | 0.6 | 0.2 | 0.2 | 0.5 | -5.9% |
| Others | 0.1 | N/A | 0.1 | N/A | 0.0% |
| Total | 13.5 | 12.1 | 20.0 | 15.0 | 3.6% |
Top Suppliers of Fresh Beef Carcase to China in 2022:
- Australia (324.6 tons)
- United States (265.9 tons)
- New Zealand (39.5 tons)
Fresh Beef Carcase Exports in China
In 2022, after two years of decline, there was significant growth in shipments abroad of fresh or chilled carcases of beef and veal, when their volume increased by 39% to 6.3 tons. In general, exports, however, continue to indicate a drastic downturn.
In value terms, fresh beef carcase exports surged to $36K in 2022. Over the period under review, exports, however, saw a sharp slump.
| Export of Fresh Beef Carcase in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 36.9 | 0.3 | 8.3 | 22.5 | -15.2% |
| Czech Republic | N/A | N/A | N/A | 8.7 | 0% |
| Luxembourg | 2.1 | 0.2 | N/A | 4.6 | 29.9% |
| Austria | 18.3 | 1.8 | N/A | N/A | -90.2% |
| Uzbekistan | N/A | 52.2 | N/A | N/A | 0% |
| Angola | 33.1 | N/A | N/A | N/A | 0% |
| Maldives | N/A | N/A | 6.7 | N/A | 0% |
| Others | 7.6 | 2.0 | 0.1 | 0.1 | -76.4% |
| Total | 98.0 | 56.6 | 15.2 | 35.9 | -28.4% |
Top Export Markets for Fresh Beef Carcase from China in 2022:
- Germany (3.8 tons)
- Czech Republic (1.7 tons)
- Luxembourg (0.8 tons)
This report provides an in-depth analysis of the fresh beef carcase 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:
- Prodcom 10111140 - Fresh or chilled carcases, half-carcases and quarters with bone in, of beef and veal
Country coverage:
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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