Inside Pigs
Free fall import volume of pigs China stopped?
The months-long glide in the amount of pork imported by China will come to a halt in October for the time being. The volumes declined only minimally.
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This is evident from the most recent data from the National Bureau of Statistics of China. Since this spring, volumes have fallen by almost 50% in total. While volumes this spring were already at a lower level than a year earlier. However, in October, a total of 300.000 tons of pork (including by-products) were imported by China. That was only 10.000 tons lower than a month earlier. That means a decline of about 3%.
Minimal decrease in meat imports
The decrease was due to a small decrease in the volume of meat. The quantity fell by 10.000 tons compared to September to 200.000 tons. Imports of pork by-products remained unchanged at 100.000 tons. The total value of pork imported by China still fell considerably. In September this amounted to $755 million compared to $698 in October. A decrease of 7,5%.
|
Pork China |
Total |
Meat |
By-product |
|
September |
310.000 |
210.000 |
100.000 |
|
October |
300.000 |
200.000 |
100.000 |