China - Frozen Hams, Shoulders And Cuts Of Pig Meat - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Pork Cut Price in China - 2023
Contents:
- Frozen Pork Cut Price in China (CIF) - 2023
- Frozen Pork Cut Price in China (FOB) - 2022
- Frozen Pork Cut Imports in China
- Frozen Pork Cut Exports in China
Frozen Pork Cut Price in China (CIF) - 2023
The average frozen pork cut import price stood at $2,088 per ton in June 2023, remaining constant against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.0%. The most prominent rate of growth was recorded in September 2022 when the average import price increased by 5.9% m-o-m. Over the period under review, average import prices hit record highs at $2,380 per ton in January 2023; however, from February 2023 to June 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the countries with the highest prices were Spain ($2,185 per ton) and France ($2,161 per ton), while the price for Ireland ($2,000 per ton) and the UK ($2,063 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Denmark (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Pork Cut Price in China (FOB) - 2022
In 2022, the average frozen pork cut export price amounted to $2,600 per ton, standing approx. at the previous year. Over the period under review, the export price continues to indicate strong growth. The pace of growth was the most pronounced in 2020 an increase of 79%. As a result, the export price attained the peak level of $3,170 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Thailand.
From 2013 to 2022, the rate of growth in terms of prices for Vietnam amounted to +45.5% per year.
Frozen Pork Cut Imports in China
In 2022, overseas purchases of frozen hams, shoulders and cuts of pig meat decreased by -54.7% to 480K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 121%.
In value terms, frozen pork cut imports contracted markedly to $974M in 2022. Over the period under review, imports, however, saw moderate growth. The pace of growth appeared the most rapid in 2020 with an increase of 180% against the previous year.
| Import of Frozen Pork Cut in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 183 | 523 | 759 | 265 | 13.1% |
| Denmark | 85.5 | 233 | 286 | 151 | 20.9% |
| United States | 111 | 474 | 486 | 132 | 5.9% |
| Canada | 128 | 406 | 279 | 125 | -0.8% |
| Netherlands | 65.9 | 148 | 266 | 82.5 | 7.8% |
| Chile | 41.0 | 117 | 123 | 65.9 | 17.1% |
| United Kingdom | 38.6 | 74.3 | 91.5 | 46.8 | 6.6% |
| Brazil | 13.3 | 39.2 | 39.2 | 28.5 | 28.9% |
| Germany | 149 | 233 | 0.8 | N/A | -92.7% |
| Others | 69.7 | 227 | 301 | 77.6 | 3.6% |
| Total | 885 | 2,474 | 2,631 | 974 | 3.2% |
Top Suppliers of Frozen Pork Cut to China in 2022:
- Spain (126.9K tons)
- Denmark (73.0K tons)
- United States (65.2K tons)
- Canada (62.9K tons)
- Netherlands (40.0K tons)
- Chile (30.3K tons)
- United Kingdom (25.2K tons)
- Brazil (15.1K tons)
Frozen Pork Cut Exports in China
Frozen pork cut exports from China amounted to 16 tons in 2022, standing approx. at the previous year's figure. Over the period under review, exports faced a dramatic downturn. The smallest decline of -85% was in 2020.
In value terms, frozen pork cut exports totaled $42K in 2022. In general, exports continue to indicate a precipitous contraction. The smallest decline of -73.1% was in 2020.
| Export of Frozen Pork Cut in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | N/A | N/A | N/A | 42.0 | 0% |
| Hong Kong SAR | 190 | N/A | N/A | N/A | 0% |
| Netherlands | N/A | 51.1 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 190 | 51.1 | N/A | 42.0 | -39.5% |
Top Export Markets for Frozen Pork Cut from China in 2022:
- Thailand (16.1 tons)
This report provides an in-depth analysis of the frozen 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 10113250 - Frozen hams, shoulders and cuts with bone in, of pig meat
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
-
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
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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.
489
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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In 2017, production of frozen pig meat in China totaled 2.3M tons, increasing by 17% against the previous year...
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Global pork consumption amounted to X thousand tons in 2015, going up by +X% against the previous year level.
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Global pork exports amounted to X thousand tons in 2015, going up by +X% against the previous year level.
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Global pork imports amounted to X thousand tons in 2015, ascending by +X% against the previous year level.
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Germany continued its dominance in the global pork trade. In 2014, Germany exported X thousand tons of pork totaling X million USD, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total pork exp
