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China - Beef (Cattle Meat) - Market Analysis, Forecast, Size, Trends and Insights
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China: Beef Market Overview 2021

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Beef Market Size in China

The Chinese beef market rose significantly to $X in 2019, increasing by X% against the previous year. Overall, consumption saw prominent growth. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Beef consumption peaked in 2019 and is expected to retain growth in the near future.

Beef Production in China

In value terms, beef production soared to $X in 2019 estimated in export prices. Overall, production enjoyed a prominent increase. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% y-o-y. Beef production peaked in 2019 and is expected to retain growth in the near future.

In 2019, the average beef yield in China stood at X kg per head, remaining stable against the previous year. Overall, the yield saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2009 with an increase of X% y-o-y. Over the period under review, the average beef yield attained the peak level at X kg per head in 2014; afterwards, it flattened through to 2019.

In 2019, number of animals slaughtered for beef production in China totaled X heads, approximately reflecting the previous year. Overall, the number of producing animals recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when the number of producing animals increased by X% against the previous year. As a result, the amount of producing animals reached the peak level of X heads. From 2009 to 2019, the growth of this number remained at a lower figure.

Beef Exports

Exports from China

In 2019, beef exports from China shrank to X tonnes, falling by -X% on 2018 figures. Over the period under review, exports showed a abrupt slump. The pace of growth appeared the most rapid in 2018 with an increase of X% year-to-year. Over the period under review, exports reached the maximum at X tonnes in 2007; however, from 2008 to 2019, exports remained at a lower figure.

In value terms, beef exports skyrocketed to $X in 2019. In general, exports saw a abrupt slump. The pace of growth was the most pronounced in 2018 when exports increased by X% y-o-y. Over the period under review, exports reached the maximum at $X in 2008; however, from 2009 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Hong Kong SAR (X tonnes) and Egypt (X tonnes) were the main destinations of beef exports from China, with a combined X% share of total exports.

From 2007 to 2019, the biggest increases were in Egypt.

In value terms, Hong Kong SAR ($X) remains the key foreign market for beef exports from China, comprising X% of total exports. The second position in the ranking was occupied by Egypt ($X), with a X% share of total exports.

From 2007 to 2019, the average annual growth rate of value to Hong Kong SAR amounted to -X%.

Export Prices by Country

The average beef export price stood at $X per tonne in 2019, jumping by X% against the previous year. Over the period under review, the export price enjoyed a prominent increase. As a result, export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was Hong Kong SAR ($X per tonne), while the average price for exports to Egypt stood at $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR.

Beef Imports

Imports into China

For the thirteenth year in a row, China recorded growth in overseas purchases of beef (cattle meat), which increased by X% to X tonnes in 2019. Over the period under review, imports posted a prominent increase. The growth pace was the most rapid in 2015 with an increase of X% y-o-y. Over the period under review, imports attained the maximum in 2019 and are likely to see gradual growth in the immediate term.

In value terms, beef imports totaled $X in 2019. In general, imports recorded a remarkable increase. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2019 and are likely to see steady growth in years to come.

Imports by Country

Brazil (X tonnes), Argentina (X tonnes) and Australia (X tonnes) were the main suppliers of beef imports to China, together comprising X% of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Argentina (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Argentina ($X) and Australia ($X) were the largest beef suppliers to China, together accounting for X% of total imports.

Among the main suppliers, Argentina (+X% per year) saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average beef import price stood at $X per tonne in 2019, therefore, remained relatively stable against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of X% y-o-y. As a result, import price attained the peak level of $X per tonne. From 2016 to 2019, the growth in terms of the average import prices failed to regain the momentum.

Average prices varied noticeably amongst the major supplying countries. In 2019, the highest prices were recorded for prices from Australia ($X per tonne) and Brazil ($X per tonne), while the price for Argentina ($X per tonne) and New Zealand ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by New Zealand, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for beef (cattle meat) in the world?
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The countries with the highest volumes of beef consumption in 2019 were the U.S. (12M tonnes), Brazil (8.4M tonnes) and China (7.5M tonnes), together accounting for 39% of global consumption. These countries were followed by Argentina, Pakistan, Mexico, Russia, India, France, Germany and Turkey, which together accounted for a further 19%.
What are the largest producers of beef (cattle meat) in the world?
+
The countries with the highest volumes of beef production in 2019 were the U.S. (12M tonnes), Brazil (10M tonnes) and China (6.5M tonnes), together comprising 40% of global production. These countries were followed by Argentina, India, Australia, Mexico, Pakistan, Russia, France, Canada, Germany and Turkey, which together accounted for a further 25%.
What are the leading suppliers of beef (cattle meat) to China?
+
In value terms, the largest beef suppliers to China were Brazil ($1.6B), Argentina ($1.2B) and Australia ($1.1B), together accounting for 82% of total imports.
What are the leading importers of beef (cattle meat) from China?
+
In value terms, Hong Kong SAR ($16M) remains the key foreign market for beef exports from China, comprising 82% of total exports. The second position in the ranking was occupied by Egypt ($3M), with a 16% share of total exports.
What is the average export price for beef (cattle meat) in China?
+
In 2019, the average beef export price amounted to $8,255 per tonne, rising by 48% against the previous year.
What is the average import price for beef (cattle meat) in China?
+
In 2019, the average beef import price amounted to $4,617 per tonne, remaining relatively unchanged against the previous year.

Product coverage:
• FCL 947 - Buffalo meat
• FCL 867 - Meat of cattle

This report provides an in-depth analysis of the beef 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 2025.


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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Producing Animals Slaughtered, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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