China: Poultry Market Overview 2021

Poultry Market Size in China

In 2020, the Chinese poultry market decreased by -X% to $X for the first time since 2015, thus ending a four-year rising trend. In general, consumption posted a prominent increase. The pace of growth was the most pronounced in 2012 when the market value increased by X% against the previous year. Over the period under review, the market attained the maximum level at $X in 2019, and then fell slightly in the following year.

Poultry Production in China

In value terms, poultry production declined to $X in 2020 estimated in export prices. In general, production continues to indicate a resilient expansion. The pace of growth appeared the most rapid in 2012 with an increase of X% year-to-year. Over the period under review, production hit record highs at $X in 2019, and then dropped modestly in the following year.

In 2020, the average poultry yield in China amounted to X kg per X heads, standing approx. at 2019 figures. Over the period under review, the yield saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012 when the yield increased by X% year-to-year. As a result, the yield attained the peak level of X kg per X heads; afterwards, it flattened through to 2020.

The number of animals slaughtered for poultry production in China reached X heads in 2020, growing by X% against 2019 figures. Overall, the total number of producing animals indicated prominent growth from 2007 to 2020: its figure increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, number of animals slaughtered for poultry production increased by +X% against 2014 indices. The pace of growth was the most pronounced in 2012 when the number of producing animals increased by X% against the previous year. The number of animals slaughtered for poultry production peaked in 2020 and is expected to retain growth in the near future.

Poultry Exports

Exports from China

In 2020, after two years of decline, there was significant growth in shipments abroad of poultry, when their volume increased by X% to X tonnes. Over the period under review, total exports indicated a moderate increase from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. Over the period under review, exports reached the maximum at X tonnes in 2015; however, from 2016 to 2020, exports remained at a lower figure.

In value terms, poultry exports expanded to $X in 2020. In general, exports saw prominent growth. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Exports peaked in 2020 and are expected to retain growth in the near future.

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, Macao SAR (X tonnes), tenfold. Malaysia (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual growth rate of volume 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).

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 2020, the average annual rate of growth in terms of value to Hong Kong SAR totaled +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 2020, falling by -X% against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2011 when the average export price increased by X% year-to-year. The export price peaked at $X per tonne in 2019, and then reduced in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was Macao SAR ($X per tonne), while the average price for exports to Mongolia ($X per tonne) was amongst the lowest.

From 2007 to 2020, 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 2020, overseas purchases of poultry decreased by -X% to X tonnes for the first time since 2017, thus ending a two-year rising trend. In general, imports recorded a perceptible shrinkage. The growth pace was the most rapid in 2016 when imports increased by X% year-to-year. Over the period under review, imports attained the maximum at X tonnes in 2008; however, from 2009 to 2020, imports remained at a lower figure.

In value terms, poultry imports declined significantly to $X in 2020. Over the period under review, imports recorded a slight slump. The pace of growth appeared the most rapid in 2019 with an increase of X% year-to-year. As a result, imports reached the peak of $X, and then contracted markedly in the following year.

Imports by Country

Brazil (X tonnes), the U.S. (X tonnes) and Russia (X tonnes) were the main suppliers of poultry imports to China.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Russia (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X) constituted the largest supplier of poultry to China, comprising X% of total imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total imports. It was followed by Thailand, with a X% share.

From 2007 to 2020, 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: the U.S. (+X% per year) and Thailand (+X% per year).

Import Prices by Country

The average poultry import price stood at $X per tonne in 2020, with a decrease of -X% against the previous year. Over the period under review, import price indicated modest growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2019 an increase of X% year-to-year. As a result, import price attained the peak level of $X per tonne, and then fell markedly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Thailand ($X per tonne), while the price for the U.S. ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Belarus, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox 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 2020 were China (21M tonnes), the U.S. (19M tonnes) and Brazil (12M tonnes), together accounting for 38% of global consumption. Russia, India, Mexico, Indonesia, Japan, Iran, South Africa, Turkey and Argentina lagged somewhat behind, together accounting for 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 2020 were the U.S. (23M tonnes), China (21M tonnes) and Brazil (15M tonnes), together accounting for 43% of global production. These countries were followed by Russia, India, Indonesia, Mexico, Poland, Japan, Iran, Argentina and Turkey, which together accounted for a further 21%.

What are the leading suppliers of poultry to China?

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In value terms, Brazil ($1.7B) constituted the largest supplier of poultry to China, comprising 210% of total imports. The second position in the ranking was occupied by the U.S. ($750M), with a 95% share of total imports. It was followed by Thailand, with a 47% share.

What are the leading importers of poultry from China?

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In value terms, Hong Kong SAR ($422M) remains the key foreign market for poultry exports from China, comprising 71% of total exports. The second position in the ranking was occupied by Macao SAR ($50M), with a 8.4% share of total exports. It was followed by Malaysia, with a 5.3% share.

What is the average export price for poultry in China?

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The average poultry export price stood at $2,579 per tonne in 2020, with a decrease of -5.8% against the previous year.

What is the average import price for poultry in China?

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In 2020, the average poultry import price amounted to $1,479 per tonne, waning by -41.6% against the previous year.

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