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25

2022

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07

Frozen Beef Import Volume Reached US$1.5 billion in H1 2022

Source:

According to GACC, China imported a total of 226,300 tons of frozen beef in June 2022, an MoM increase of 4.91% compared with 215,800 tons in May. China imported a total of 1.1258 million tons of frozen beef in the first six months, a YoY increase of 1.39% compared with 1.1104 million tons in the same period last year.

 

According to GACC, China imported a total of 226,300 tons of frozen beef in June 2022, an MoM increase of 4.91% compared with 215,800 tons in May. China imported a total of 1.1258 million tons of frozen beef in the first six months, a YoY increase of 1.39% compared with 1.1104 million tons in the same period last year.

 

The average unit price of imported frozen beef has continued to rise in H1 2022. The average unit price in June 2022 will be US$6,765.33/ton, an increase of US$54.95/ton compared with US$6,710.38/ton in May, an MoM increase of 0.82%.

 

Unlike the slight increase in import volume, the value in June was 1.531 billion US dollars, an MoM increase of 5.77% from the 1.448 billion US dollars in May; China imports $7.241 billion in H1 2022, a YoY increase of 39.02%

 

Brazil, Argentina and Uruguay are still main suppliers of China's imported frozen beef.