It is expected that from 2019 to 2023 the volume of imports of meat of pigs and offal to China will continue to grow, and the Chinese pork market will be the focus of attention of pig producers and resellers of pork around the world.
According to the report presented by ResearchandMarkets, on the background of the development of the Chinese economy and the improvement of living standards, pork consumption in China is growing.
In 2017, pork imports to China amounted to about 1,217,000 tons – this is lower than in 2016, but higher than in the period from 2013 to 2015. From 2013 to 2017 The value of annual imports of pork to China exceeded $ 1 billion. By 2017, it amounted to 2.22 billion US dollars. – This is less than in 2016. This decrease occurred mainly due to a decrease in the volume of supplies. Being the main sources of imports of pig meat to China, in 2017 Spain, Germany, USA, Canada, Denmark and the Netherlands exported 961,000 tons of pork there, which accounted for about 80% of the total volume of imported pork in China.
Since the inhabitants of different parts of China also consume by-products and by-products, China in large volumes annually imports into the country and them too. In 2017, imports of by-products to China amounted to about 1,236,000 tons, exceeding the volume of pork imports. The main suppliers of by-products to China in 2017 were the USA, Denmark, Germany, Spain, Canada and the Netherlands, they delivered 1,059,000 tons, which is 80% of the total volume of by-products imported into the country.
According to the data presented in the analysis, the annual consumption of pork in China is about 55 million tons, and it has been growing slowly over the past few years. In 2017, the volume of imported products was less than 3% of the annual consumption. It is expected that from 2019 to 2023. The volume of imports of meat of pigs and offal to China will continue to grow, and the Chinese pork market will be the focus of attention of pig producers and resellers of pork around the world.