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2022

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10

Chinese Mainland's Total Meat Imports Reached 650,000 tons in Sept

Source:

In Sept this year, the total import volume of meat (including offal) in Chinese Mainland reached 650,000 tons, a slight drop of 8,000 tons from the new high in Aug, but still at the high level in the year. According to the data from GACC, in the first three quarters of this year, Chinese Mainland imported 5.41 million tons of meat, a decrease of about 2 million tons, or 26.8%, from the same period last year. The import value was 23.1 billion dollars, down 6.7% YoY. In the same period, except for beef, pork & mutton & poultry all declined YoY, especially the import of pork fell 61.2% YoY.

In Sept this year, the total import volume of meat (including offal) in Chinese Mainland reached 650,000 tons, a slight drop of 8,000 tons from the new high in Aug, but still at the high level in the year. According to the data from GACC, in the first three quarters of this year, Chinese Mainland imported 5.41 million tons of meat, a decrease of about 2 million tons, or 26.8%, from the same period last year. The import value was 23.1 billion dollars, down 6.7% YoY. In the same period, except for beef, pork & mutton & poultry all declined YoY, especially the import of pork fell 61.2% YoY.


-Beef

Compared with pork & poultry & mutton, beef imports have generally performed well this year. After the beef import volume continued to exceed 270,000 tons in Jul and Aug this year, the beef import volume fell slightly in Sept, but still reached a high of 250,000 tons, nearly 30,000 tons higher than the same period last year. At the same time, the beef import value in Sept reached 1.68 billion dollars, and the average import price continued to drop slightly from Aug, but still reached 6,816 dollars/ton.

 

Since May this year, the monthly beef import volume of Chinese Mainland has been at a high level of more than 200,000 tons. In the first three quarters of this year, the beef import volume of Chinese Mainland has accumulated to 1.94 million tons, an increase of more than 200,000 tons on the same period last year, up 11.8%. Imports totaled 13.1 billion dollars, up 47.4% YoY; the average import price per ton also increased by about 1,600 to 6,735 dollars/ton YoY. In the first three quarters of this year, the cumulative import volume of beef and beef offal in Chinese Mainland was 1.98 million tons, up 12.4% YoY, and the import value in the same period was 13.26 billion dollars, up 47.4% YoY .


-Pork

In Sept, Chinese Mainland's pork imports continued the slight upward trend of Aug, with a cumulative import of 150,000 tons, but there was still a gap of about 60,000 tons compared with the same period last year. The pork import value in Sept reached 360 million dollars, and the average import price also continued the small increase trend in Aug, reaching 2432 dollars/ton, reaching the highest value in the year.

 

In the first three quarters of this year, the total import of pork and pig offal in Chinese Mainland was 2.04 million tons, reaching an import value of 4.6 billion dollars. Among them, the monthly pork import volume of Chinese Mainland this year is at a low level as a whole, and the monthly import volume is far lower than that of the same period last year. In the first three quarters, 1.22 million tons of pork were imported, a significant drop of 1.9 million tons over the same period last year, representing a YoY drop of more than 60%. Over the same period, the pork import volume also dropped 71.2% to 2.56 billion dollars; the average import price fell by about 700 dollars/ton to 2098 dollars/ton.


-Mutton

In Sept, Chinese Mainland imported 29,000 tons of mutton, a slight increase of 1.8% YoY, and the import value was 157 million dollars, a decrease of 12.5%. In the first three quarters of this year, the import volume of mutton was 270,000 tons, a YoY decrease of 17.8%, and the import value also dropped 12.8%.

 

-Poultry

It needs to mind that the data of poultry meat in the chart below highlighted in yellow conclude frozen chicken paws, other chicken offal and chilled & frozen gizzards data which missed by GACC.


The poultry import volume in Sept was 11,214 tons, 1,817 tons less than that in Aug, and about 3.7% less than that in the same period of last year, but the import value increased greatly by 43.1%; In the first three quarters of this year, the poultry meat import totaled 1 million tons, a YoY decrease of 5.5%, and the import value was 3.1 billion, a YoY increase of 25.2%.