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13

2023

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07

China’s Customs (GACC) Is Actively Expanding Its Meat Import Sources in Jun-Part I

Source:

GACC

In June, positive news about new market access to China sparkled, not only around new approval and resumption of specific overseas meat enterprises registrations, but also at the level of some countries and categories. In June 2023, GACC (China’s Customs) successively resumed or added nearly 20 meat enterprises from Argentina, Russia, and Italy exporting meat products to China, and signed protocols with countries and regions, such as Uzbekistan, Macau, and Poland. The frequent updates in June mainly focus on overseas poultry and beef products.

 

In June, positive news about new market access to China sparkled, not only around new approval and resumption of specific overseas meat enterprises registrations, but also at the level of some countries and categories. In June 2023, GACC (China’s Customs) successively resumed or added nearly 20 meat enterprises from Argentina, Russia, and Italy exporting meat products to China, and signed protocols with countries and regions, such as Uzbekistan, Macau, and Poland. The frequent updates in June mainly focus on overseas poultry and beef products.

 

New Approval:

Judging from the newly registered meat enterprises, they mainly revolve around beef products. On June 16, China Customs added 13 beef enterprises from Argentina, Russia, and Italy. After this addition, the number of Italian beef export enterprises to China has surged to 12, attracting the attention of some China’s traders to Italian beef products.

 

According to the observations of the arrival volume and average price released by the customs in the past, among the European countries exporting beef products to China, the import market positioning of Italian beef products is consistent with that of Irish and French ones. Its import unit price is at a high level with not many import volumes and market shares.

 

The new performance of newly approved 11 Italian beef plants need to be considered after more data is released in third quarter. Beef products from Russia and Belarus is next, with the highest export volume to China, and medium level of average CIF price among China’s beef source in European regions.

 

The below picture is a summary of GACC updates of overseas meat plants in Jun, more information is included in our monthly report, if you're interested in reading reports, please contact us.