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27

2022

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09

Mainland China's Live Cattle Imports Plummet in August

Source:

Niu Yang Bang; OIG+X

Mainland China imported 10,283 live cattle in Aug this year, dropped sharply, down 74% from 3,9000 heads last month, and even less than one-third compared with the same period last year.

 

Mainland China imported 10,283 live cattle in Aug this year, dropped sharply, down 74% from 3,9000 heads last month, and even less than one-third compared with the same period last year. The imported cattle was valued 26,330 US dollars, slumped 74% MoM. The average import price was 2,561 USD/head with not many fluctuations in Aug. Only Australia and Chile are source countries for imported live cattle in Aug 2022, accounting for 63% and 37%.

 

From Jan to Aug 2022, mainland China’s live cattle imports fell by 14% year-on-year, with a total of 222,000 heads. The number of live cattle imported from Australia, New Zealand, Uruguay and Chile was 89,000, 71,000, 46,000 and 17,000 respectively. Except for the import from Australia, which increased by 19% YoY, the rest data from New Zealand, Uruguay, and Chile all decreased by 24%, 26%, and 36% YoY, respectively.

 

Recently, two ships from the Port of Montevideo (Spanish: Puerto de Montevideo) in Uruguay and the Napier port in New Zealand arrived at Port Of Weifang, carrying 12,009 and 6,573 breeding cattle respectively. They will be delivered nationwide after the quarantine period ends. In addition, on August 2 this year, a live cattle ship transported from the port of Montevideo inspired to Weifang port in Shandong, China, with 12,500 heifers and 300 bulls on board, which is expected to arrive in early September.