China - Pork (Meat Of Swine) - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPork Price in China - 2023
Contents:
- Pork Price in China (CIF) - 2023
- Pork Price in China (FOB) - 2022
- Pork Imports in China
- Pork Exports in China
Pork Price in China (CIF) - 2023
In September 2023, the average pork import price amounted to $2,004 per ton, which is down by -7.5% against the previous month. In general, the import price recorded a slight shrinkage. The most prominent rate of growth was recorded in October 2022 an increase of 4.1% against the previous month. Over the period under review, average import prices hit record highs at $2,593 per ton in January 2023; however, from February 2023 to September 2023, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In September 2023, the countries with the highest prices were Brazil ($2,257 per ton) and France ($2,171 per ton), while the price for Chile ($1,561 per ton) and the United States ($1,612 per ton) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the United States (-0.5%), while the prices for the other major suppliers experienced a decline.
Pork Price in China (FOB) - 2022
In 2022, the average pork export price amounted to $5,536 per ton, waning by -18% against the previous year. In general, export price indicated a perceptible increase 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, pork export price decreased by -32.4% against 2020 indices. The pace of growth was the most pronounced in 2020 when the average export price increased by 54%. As a result, the export price attained the peak level of $8,194 per ton. From 2021 to 2022, the average 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 Macao SAR ($5,651 per ton), while the average price for exports to Hong Kong SAR totaled $5,571 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.
Pork Imports in China
In 2022, purchases abroad of pork decreased by -51.2% to 1.7M tons, falling for the second year in a row after two years of growth. In general, imports recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 115%. As a result, imports reached the peak of 4.3M tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, pork imports contracted rapidly to $3.8B in 2022. Over the period under review, imports saw a abrupt setback. The most prominent rate of growth was recorded in 2020 with an increase of 163%. As a result, imports reached the peak of $11.9B. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Pork in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 908 | 2,674 | 3,131 | 1,069 | 5.6% |
| Brazil | 607 | 1,564 | 1,656 | 995 | 17.9% |
| Denmark | 425 | 1,082 | 960 | 444 | 1.5% |
| Netherlands | 363 | 763 | 770 | 265 | -10.0% |
| Canada | 318 | 972 | 609 | 235 | -9.6% |
| United States | 507 | 1,636 | 921 | 213 | -25.1% |
| United Kingdom | 143 | 275 | 252 | 146 | 0.7% |
| Germany | 669 | 1,273 | 7.1 | N/A | -89.7% |
| Others | 570 | 1,639 | 1,580 | 472 | -6.1% |
| Total | 4,509 | 11,878 | 9,886 | 3,840 | -5.2% |
Top Suppliers of Pork to China in 2022:
- Spain (469.1K tons)
- Brazil (416.7K tons)
- Denmark (193.7K tons)
- United States (126.1K tons)
- Netherlands (122.9K tons)
- Canada (114.1K tons)
- United Kingdom (74.3K tons)
Pork Exports in China
In 2022, exports of pork from China skyrocketed to 27K tons, increasing by 53% compared with the previous year. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 63% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
In value terms, pork exports soared to $151M in 2022. Overall, total exports indicated a pronounced increase from 2019 to 2022: its value increased at an average annual rate of +2.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +68.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 35%. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Pork in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 128 | 76.6 | 112 | 143 | 3.8% |
| Macao SAR | 13.8 | 12.7 | 8.2 | 5.9 | -24.7% |
| Others | N/A | 0.1 | 0.1 | 1.2 | 246.4% |
| Total | 141 | 89.4 | 120 | 151 | 2.3% |
Top Export Markets for Pork from China in 2022:
- Hong Kong SAR (25.7K tons)
- Macao SAR (1.0K tons)
This report provides an in-depth analysis of the pork 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 1035 - 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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
2010
This report provides an in-depth analysis of the pork market in China.
414
This report provides an in-depth analysis of the fresh pork carcase market in China.
496
This report provides an in-depth analysis of the fresh pork cut market in China.
450
This report provides an in-depth analysis of the market for fresh pork other than cuts or carcases in China.
447
This report provides an in-depth analysis of the frozen pork carcase market in China.
445
This report provides an in-depth analysis of the frozen pork cut market in China.
489
This report provides an in-depth analysis of the market for frozen pig meat other than cuts or carcases in China.
4340
This report provides an in-depth analysis of the global pork market.
677
This report provides an in-depth analysis of the global fresh pork carcase market.
825
This report provides an in-depth analysis of the global fresh pork cut market.
491
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.
1153
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.
337
As of June 2023, the price of Frozen Pork Cut was $2,088 per ton (CIF, China), which was similar to the previous month.
580
In 2017, production of frozen pig meat in China totaled 2.3M tons, increasing by 17% against the previous year...
113
Discover the leading countries in the global pork import market and their key statistics. Learn about the top importers of pork products and their role in meeting the demand for pork around the world.
366
Explore the top import markets for pork based on their import value in 2022. Japan, China, Mexico, Italy, South Korea, United States, Poland, Germany, United Kingdom, and Romania lead the way. Get key statistics and insights from the IndexBox market intelligence platform.
20715
Global pork consumption amounted to X thousand tons in 2015, going up by +X% against the previous year level.
1483
Global pork exports amounted to X thousand tons in 2015, going up by +X% against the previous year level.
1639
Global pork imports amounted to X thousand tons in 2015, ascending by +X% against the previous year level.
1246
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
