Knowledge

To provide the latest market news and hold online & offline events to assist you being well-informed and making decisions.

26

2022

-

07

Brief Analysis of Imported Chicken in June 2022

Source:

According to GACC, the import volume of chicken products in June 2022 reached 117,200 tons, an MoM increase of 9.74% and a YoY increase of 34.67%. China’s chicken market booms in 2019 as its supplementary pork prices was hyped by ASF animal disease, leading to the surge in traders’ imported demand in 2020.

 

According to GACC, the import volume of chicken products in June 2022 reached 117,200 tons, an MoM increase of 9.74% and a YoY increase of 34.67%. Chinas chicken market booms in 2019 as its supplementary pork prices was hyped by ASF animal disease, leading to the surge in traders imported demand in 2020. At that time, the price of imported poultry meat was lower than that of other meat products, thus peoples consumption habits turn. In addition, chicken imports in June have basically maintained the trend of import increment in the past six years;

 

For source countries, Brazil, the United States, Russia, Argentina and Thailand boasted the top five of Chinas chicken products imported. Top 5 countries by volume. Compared with 33.97% and 30.06% in Apr and May, the proportion of imports in the United States has shown a downward trend. The impact of bird flu on the international market cannot be ignored.

 

For categories, frozen chicken paws accounted for the largest share of imports, reaching 57,851 tons, accounting for 49.36% of total imports, a YoY increase of 46%. Frozen midjoint chicken wings imported 29,282 tons, accounting for 24.98%, a YoY increase of 72%. Frozen chicken cuts with bone imported 23,186 tons, accounting for 19.78% of imports, a YoY increase of 10%. These three categories together accounted for 94.13% of the import volume of chicken products.