China - Meat - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMeat Price in China - 2023
Contents:
- Meat Price in China (CIF) - 2022
- Meat Price in China (FOB) - 2022
- Meat Imports in China
- Meat Exports in China
Meat Price in China (CIF) - 2022
The average meat import price stood at $4,941 per ton in 2022, increasing by 26% against the previous year. Overall, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +7.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, meat import price increased by +73.6% against 2017 indices. The pace of growth appeared the most rapid in 2013 an increase of 26% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($7,175 per ton), while the price for Canada ($2,178 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Meat Price in China (FOB) - 2022
The average meat export price stood at $5,989 per ton in 2022, waning by -11.3% against the previous year. Overall, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, meat export price decreased by -17.9% against 2020 indices. The pace of growth was the most pronounced in 2020 when the average export price increased by 31%. As a result, the export price attained the peak level of $7,299 per ton. From 2021 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Macao SAR ($6,327 per ton), while the average price for exports to Germany ($4,061 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 the United States (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.
Meat Imports in China
In 2022, supplies from abroad of meat decreased by -24.2% to 4.8M tons, falling for the second consecutive year after two years of growth. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +5.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -29.5% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 67%. As a result, imports attained the peak of 6.8M tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, meat imports dropped modestly to $23.7B in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +17.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 63%.
| Import of Meat in China (Billion USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 2.7 | 5.7 | 6.3 | 8.5 | 46.6% |
| Argentina | 1.8 | 2.1 | 2.1 | 2.7 | 14.5% |
| New Zealand | 2.1 | 1.9 | 2.5 | 2.6 | 7.4% |
| Australia | 2.5 | 2.2 | 2.0 | 2.4 | -1.4% |
| United States | 0.6 | 1.9 | 2.2 | 2.0 | 49.4% |
| Uruguay | 1.1 | 0.9 | 1.6 | 1.9 | 20.0% |
| Spain | 0.9 | 2.7 | 3.1 | 1.1 | 6.9% |
| Denmark | 0.4 | 1.1 | 1.0 | 0.4 | 0.0% |
| Canada | 0.4 | 1.0 | 0.8 | 0.3 | -9.1% |
| Netherlands | 0.4 | 0.8 | 0.8 | 0.3 | -9.1% |
| Chile | 0.3 | 0.6 | 0.5 | 0.3 | 0.0% |
| France | 0.2 | 0.4 | 0.5 | 0.2 | 0.0% |
| Germany | 0.7 | 1.3 | N/A | N/A | 85.7% |
| Others | 0.6 | 1.4 | 1.5 | 1.1 | 22.4% |
| Total | 14.7 | 23.8 | 24.8 | 23.7 | 17.3% |
Top Suppliers of Meat to China in 2022:
- Brazil (1522.8K tons)
- Argentina (490.9K tons)
- Spain (469.1K tons)
- New Zealand (413.7K tons)
- Uruguay (366.5K tons)
- Australia (331.9K tons)
- United States (304.4K tons)
- Denmark (193.7K tons)
- Netherlands (123.0K tons)
- Canada (116.0K tons)
- Chile (96.7K tons)
- France (64.6K tons)
Meat Exports in China
In 2022, the amount of meat exported from China surged to 37K tons, growing by 30% on the year before. In general, exports, however, recorded a slight reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 39%.
In value terms, meat exports totaled $220M in 2022. The total export value increased at an average annual rate of +1.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 28% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Meat in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 166 | 111 | 158 | 188 | 4.2% |
| Macao SAR | 17.3 | 16.4 | 12.3 | 9.5 | -18.1% |
| Germany | 4.7 | 5.4 | 6.1 | 5.8 | 7.3% |
| Belgium | 6.4 | 6.4 | 5.0 | 3.7 | -16.7% |
| United States | 3.0 | 3.4 | 2.5 | 2.7 | -3.5% |
| Others | 13.2 | 6.9 | 7.3 | 10.7 | -6.8% |
| Total | 211 | 149 | 191 | 220 | 1.4% |
Top Export Markets for Meat from China in 2022:
- Hong Kong SAR (30.7K tons)
- Macao SAR (1.5K tons)
- Germany (1.4K tons)
- Belgium (0.9K tons)
- United States (0.6K tons)
This report provides an in-depth analysis of the meat 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 947 - Buffalo meat
- FCL 1127 - Meat of camels
- FCL 867 - Meat of cattle
- FCL 870 - Meat of cattle, boneless
- FCL 1017 - Goat 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
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
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