China: Poultry Market Overview 2021

Poultry Market Size in China

In 2019, the Chinese poultry market increased by X% to $X, rising for the fourth year in a row after two years of decline. Over the period under review, the total consumption indicated buoyant growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +X% against 2015 indices. The growth pace was the most rapid in 2018 with an increase of X% y-o-y. Over the period under review, the market attained the peak level in 2019 and is likely to see gradual growth in the near future.

Poultry Production in China

In value terms, poultry production rose significantly to $X in 2019 estimated in export prices. Overall, the total production indicated a strong expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Poultry production peaked in 2019 and is likely to continue growth in years to come.

In 2019, the average poultry yield in China totaled X kg per X heads, approximately reflecting the previous year's figure. In general, the yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 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. From 2014 to 2019, the growth of the average poultry yield remained at a lower figure.

In 2019, number of animals slaughtered for poultry production in China was estimated at X heads, increasing by X% compared with the previous year. This number increased at an average annual rate of +X% from 2007 to 2019; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2018 with an increase of X% y-o-y. The number of animals slaughtered for poultry production peaked in 2019 and is likely to see steady growth in the immediate term.

Poultry Exports

Exports from China

After three years of decline, overseas shipments of poultry increased by X% to X tonnes in 2019. The total export volume increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2010 when exports increased by X% against the previous year. Over the period under review, exports attained the maximum at X tonnes in 2015; however, from 2016 to 2019, exports failed to regain the momentum.

In value terms, poultry exports expanded rapidly to $X in 2019. Overall, total exports indicated a buoyant increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Over the period under review, exports reached the maximum in 2019 and are likely to continue growth in the near future.

Exports by Country

Hong Kong SAR (X tonnes) was the main destination for poultry exports from China, accounting for a X% share of total exports. Moreover, poultry exports to Hong Kong SAR exceeded the volume sent to the second major destination, Macao SAR (X tonnes), sevenfold. Mongolia (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume to Hong Kong SAR was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Macao SAR (+X% per year) and Mongolia (+X% per year).

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

From 2007 to 2019, the average annual growth rate of value to Hong Kong SAR amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Macao SAR (+X% per year) and Malaysia (+X% per year).

Export Prices by Country

The average poultry export price stood at $X per tonne in 2019, with an increase of X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2011 an increase of X% year-to-year. The export price peaked in 2019 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2019, the country with the highest price was Malaysia ($X per tonne), while the average price for exports to Kyrgyzstan ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Macao SAR, while the prices for the other major destinations experienced more modest paces of growth.

Poultry Imports

Imports into China

In 2019, approx. X tonnes of poultry were imported into China; which is down by -X% on the previous year. Over the period under review, imports showed a perceptible contraction. The pace of growth was the most pronounced in 2016 when imports increased by X% year-to-year. Imports peaked at X tonnes in 2008; however, from 2009 to 2019, imports stood at a somewhat lower figure.

In value terms, poultry imports totaled $X in 2019. The total import value increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2019, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2019, Brazil (X tonnes) constituted the largest supplier of poultry to China, accounting for a X% share of total imports. Moreover, poultry imports from Brazil exceeded the figures recorded by the second-largest supplier, Argentina (X tonnes), sevenfold. The third position in this ranking was occupied by Thailand (X tonnes), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from Brazil amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (-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 Argentina, with a X% share.

From 2007 to 2019, the average annual growth rate of value from Brazil stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+X% per year) and Argentina (-X% per year).

Import Prices by Country

The average poultry import price stood at $X per tonne in 2019, increasing by X% against the previous year. Over the period under review, import price indicated buoyant growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2011 when the average import price increased by X% y-o-y. The import price peaked at $X per tonne in 2015; afterwards, it flattened through to 2019.

Prices varied noticeably by the country of origin; the country with the highest price was Thailand ($X per tonne), while the price for Viet Nam ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Russia (+X% per year), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for poultry in the world?

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The countries with the highest volumes of poultry consumption in 2019 were China (20M tonnes), the U.S. (19M tonnes) and Brazil (10M tonnes), together comprising 38% of global consumption. Russia, Mexico, India, Indonesia, Japan, South Africa, Iran, the UK and Argentina lagged somewhat behind, together comprising a further 22%.

What are the largest producers of poultry in the world?

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The countries with the highest volumes of poultry production in 2019 were the U.S. (23M tonnes), China (20M tonnes) and Brazil (14M tonnes), together accounting for 43% of global production. Russia, India, Indonesia, Mexico, Poland, Japan, Iran, Argentina and Turkey lagged somewhat behind, together accounting for a further 21%.

What are the leading suppliers of poultry to China?

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In value terms, Brazil ($758M) constituted the largest supplier of poultry to China, comprising 65% of total imports. The second position in the ranking was occupied by Thailand ($122M), with a 10% share of total imports. It was followed by Argentina, with a 9.8% share.

What are the leading importers of poultry from China?

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In value terms, Hong Kong SAR ($441M) remains the key foreign market for poultry exports from China, comprising 75% of total exports. The second position in the ranking was occupied by Macao SAR ($62M), with a 11% share of total exports. It was followed by Malaysia, with a 6.4% share.

What is the average export price for poultry in China?

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In 2019, the average poultry export price amounted to $2,508 per tonne, rising by 5.2% against the previous year.

What is the average import price for poultry in China?

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In 2019, the average poultry import price amounted to $2,251 per tonne, jumping by 17% against the previous year.