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August 30, 2012

 

China imports more Ireland pork in first half of 2012

 

 

China's consumer demand for Ireland's meat products continues to grow, with fresh and frozen pork imports up 116% for the first half of 2012.

 

China's pork imports totalled 272,700 tonnes during the first half of 2012, with the bulk of this being fresh meat. Frozen offal imports rose 10% to 411,600 tonnes.

 

However, as Bord Bia's Asia manager James O'Donnell notes, China has a five-year plan to increase meat production by 85 million tonnes by 2015, an increase of 17% on 2010 levels. Pork would account for 54 million tonnes of the increase, boosting production by 7% relative to 2010.

 

Mr O'Donnell said: "China's consumers are expected to eat more meat as disposal income levels rise and the population level increases. While pork as a percentage of overall meat consumption has dropped from over 85% in 1985 to 65% in 2010, per capita pork consumption is forecast to rise by more than two kilogrammes per head by 2020 to 39.7 kilogrammes per head.

 

"China's efforts to increase pork production focus around investment in large-scale intensive production units."

 

There have been several investment announcements in recent weeks.

 

CP Group announced plans to invest for the setup of a hog project, consisting of a grandparent generation swine farm, a parent generation swine farm and four hog-fattening farms, in the Henan province. Huaxi Hope Sichuan Tequ Investment Co plans to set up a hog farm in Chongqing capable of finishing 300,000 head annually and a processing plant capable of handling over one million head. Guangdong WENS Group plans to invest in the establishment of a Sichuan-based hog farm capable of finishing 300,000 head annually.

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