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Chinese demand for imported pork will increase in the second half of 2019

Analysts believe that Chinese demand for imported pork may increase in the second half of 2019, as the epidemic of African swine fever spreading in Chinese farms seems to drastically reduce the country's breeding stock.

 

Chinese imports of pork from the United States more than doubled to about 263,000 tons in 2018 after Beijing introduced high meat tariffs as part of a trade war between countries. The fall by 55% was also due to the reduction in the supply of offal, although previously the United States supplied about a third of Chinese imports of these products. Offal shipments from the USA to China fell by 58% to 177,041 tons, according to Reuters estimates, based on data from the General Administration of Customs.

 

China is the world's largest producer and consumer of pork, and the world's largest importer of this type of meat, as well as the world's main buyer of pork legs, as well as other offal, such as ears, insides, providing a source of income for American meat processing sector who cannot sell such products in the domestic market. Nine out of every ten pigs sold abroad by American in 2017 went to China, while the total value of offal shipments to China this year was about $ 874 million. China’s total imports in this segment in 2017 were about $ 4 billion.

 

China increased the offal supply from some smaller suppliers, while imports of pork from Brazil rose to 150,116 tons, according to customs data, more than three times the previous figures. Germany and Spain were the leading suppliers in this category, sending more than 200,000 tons, while imports from the United States decreased by 48 percent to 85,650 tons.

 

Based on meatinfo.ru.

  • Omsky Biocluster Press Service
  • 4 February 2019