China - Fresh Or Chilled Hams, Shoulders And Cuts Of Pig Meat - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFresh Pork Cut Price in China - 2023
Contents:
- Fresh Pork Cut Price in China (FOB) - 2022
- Fresh Pork Cut Price in China (CIF) - 2022
- Fresh Pork Cut Exports in China
- Fresh Pork Cut Imports in China
Fresh Pork Cut Price in China (FOB) - 2022
The average fresh pork cut export price stood at $5,024 per ton in 2022, picking up by 9.2% against the previous year. Over the last seven years, it increased at an average annual rate of +1.9%. The most prominent rate of growth was recorded in 2019 when the average export price increased by 37%. As a result, the export price reached the peak level of $5,976 per ton. From 2020 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Hong Kong SAR.
From 2015 to 2022, the rate of growth in terms of prices for Hong Kong SAR amounted to +1.9% per year.
Fresh Pork Cut Price in China (CIF) - 2022
In 2022, the average fresh pork cut import price amounted to $3,660 per ton, rising by 1.7% against the previous year. Overall, the import price, however, showed a drastic downturn. The pace of growth appeared the most rapid in 2013 when the average import price increased by 75% against the previous year. As a result, import price attained the peak level of $16,696 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Canada.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +36.8% per year.
Fresh Pork Cut Exports in China
In 2022, fresh pork cut exports from China soared to 9.2K tons, growing by 193% on 2021 figures. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 433%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
In value terms, fresh pork cut exports surged to $46M in 2022. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 363%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the near future.
| Export of Fresh Pork Cut in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 19.7 | 3.1 | 14.4 | 46.2 | 32.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 19.7 | 3.1 | 14.4 | 46.2 | 32.9% |
Top Export Markets for Fresh Pork Cut from China in 2022:
- Hong Kong SAR (9.2K tons)
Fresh Pork Cut Imports in China
In 2022, the amount of fresh or chilled hams, shoulders and cuts of pig meat imported into China surged to 170 tons, rising by 420% on the year before. Over the period under review, imports saw a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 286,583%. As a result, imports reached the peak of 307 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, fresh pork cut imports skyrocketed to $621K in 2022. In general, imports posted a significant expansion. The growth pace was the most rapid in 2020 with an increase of 296,630%. As a result, imports attained the peak of $1.1M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Fresh Pork Cut in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 0.4 | 1,125 | 117 | 621 | 1057.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.4 | 1,125 | 117 | 621 | 1057.9% |
Top Suppliers of Fresh Pork Cut to China in 2022:
- Canada (169.7 tons)
This report provides an in-depth analysis of the fresh pork cut 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 10111250 - Fresh or chilled hams, shoulders and cuts thereof with bone in, of pig meat (including fresh meat packed with salt as a temporary preservative)
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
- COUNTRIES WITH TOP YIELDS
- 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, PRODUCING ANIMALS AND YIELD
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
- Yield 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
- Producing Animals Slaughtered, 2012–2023
- Yield, 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
496
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The worry for prices to rise leaves hoarding tendencies, because feed has been raised. A breeder does not want to produce more stock when cost has risen.
1150
China’s pork imports remained high in 2021, totalling $8B from January to August. Rising supplies from Spain and Brazil offset the decline in purchases from the U.S. Compared to the figures of 2020, Spain pork exports to China grew by 70% to 900K tons, while Brazil ramped up shipments by 25% to 360K tons. In 2022, the volume of China’s pork imports is forecast to decrease by 5% due to boosting domestic supply.
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As of June 2023, the price of Frozen Pork Cut was $2,088 per ton (CIF, China), which was similar to the previous month.
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Global pork exports amounted to X thousand tons in 2015, going up by +X% against the previous year level.
