
China - Poultry - Market Analysis, Forecast, Size, Trends and Insights
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China: Poultry Market 2022
Poultry Market Size in China
In 2021, the Chinese poultry market increased by X% to $X, rising for the sixth consecutive year after two years of decline. The market value increased at an average annual rate of +X% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the maximum level in 2021 and is likely to see gradual growth in the immediate term.
Poultry Production in China
In value terms, poultry production totaled $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.
The average yield of poultry in China totaled X kg per X heads in 2021, remaining constant against the previous year. The yield figure increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2020 when the yield increased by X% against the previous year. As a result, the yield attained the peak level of X kg per X heads, leveling off in the following year.
In 2021, approx. X heads of animals slaughtered for poultry production in China; picking up by X% on the previous year's figure. In general, the number of producing animals saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, this number reached the peak level at X heads in 2019; however, from 2020 to 2021, producing animals stood at a somewhat lower figure.
Poultry Exports
Exports from China
After three years of decline, shipments abroad of poultry increased by X% to X tonnes in 2021. The total export volume increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the exports hit record highs at X tonnes in 2015; however, from 2016 to 2021, the exports remained at a lower figure.
In value terms, poultry exports expanded notably to $X in 2021. The total export value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.
Exports by Country
Hong Kong SAR (X tonnes) was the main destination for poultry exports from China, with a X% share of total exports. Moreover, poultry exports to Hong Kong SAR exceeded the volume sent to the second major destination, Malaysia (X tonnes), ninefold. The third position in this ranking was occupied by Mongolia (X tonnes), with a X% share.
From 2012 to 2021, the average annual growth rate of volume to Hong Kong SAR was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (-X% per year) and Mongolia (+X% per year).
In value terms, Hong Kong SAR ($X) remains the key foreign market for poultry exports from China, comprising X% of total exports. The second position in the ranking was occupied by Malaysia ($X), with a X% share of total exports. It was followed by Macao SAR, with a X% share.
From 2012 to 2021, the average annual growth rate of value to Hong Kong SAR totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (-X% per year) and Macao SAR (+X% per year).
Export Prices by Country
In 2021, the average poultry export price amounted to $X per tonne, rising by X% against the previous year. Over the last nine years, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2018 an increase of X%. Over the period under review, the average export prices attained the peak figure at $X per tonne in 2019; afterwards, it flattened through to 2021.
Prices varied noticeably by the country of destination: the country with the highest price was Macao SAR ($X per tonne), while the average price for exports to Lao People's Democratic Republic ($X per tonne) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+X%), while the prices for the other major destinations experienced mixed trend patterns.
Poultry Imports
Imports into China
In 2021, after three years of growth, there was decline in overseas purchases of poultry, when their volume decreased by -X% to X tonnes. Over the period under review, imports, however, saw a remarkable increase. The pace of growth was the most pronounced in 2020 with an increase of X%. As a result, imports attained the peak of X tonnes, and then reduced modestly in the following year.
In value terms, poultry imports reached $X in 2021. Overall, imports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in years to come.
Imports by Country
In 2021, Brazil (X tonnes) constituted the largest supplier of poultry to China, with a X% share of total imports. Moreover, poultry imports from Brazil exceeded the figures recorded by the second-largest supplier, Russia (X tonnes), fivefold. Thailand (X tonnes) ranked third in terms of total imports with a X% share.
From 2012 to 2021, the average annual rate of growth in terms of volume from Brazil stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+X% per year) and Thailand (+X% per year).
In value terms, Brazil ($X) constituted the largest supplier of poultry to China, comprising X% of total imports. The second position in the ranking was occupied by Thailand ($X), with a X% share of total imports. It was followed by Russia, with an X% share.
From 2012 to 2021, the average annual rate of growth in terms of value from Brazil amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+X% per year) and Russia (+X% per year).
Import Prices by Country
In 2021, the average poultry import price amounted to $X per tonne, increasing by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2015 an increase of X%. Over the period under review, average import prices reached the peak figure at $X per tonne in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2021, the highest price was recorded for prices from Thailand ($X per tonne) and Belarus ($X per tonne), while the price for Russia ($X per tonne) and Argentina ($X per tonne) were amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2021 | 2007-2021 | 2022-2030 | US$, Tonnes |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the poultry 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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