May 6, 2016

 

Chinese pork imports show no signs of slowdown

 

 

Chinese pork imports in March more than doubled to a record 114,700 tonnes, compared with the same month last year, AHDB Pork said, citing the latest figures from China Customs.

 

The pork division of the UK's Agriculture & Horticulture Development Board said the exceptional growth in pork imports to China in 2015 showed no signs of slowing down during the first quarter this year. "The high pork price in China, currently around 280p/kg, is attracting more imports, as the domestic industry is unable to fully capitalise on this positive price movement".

 

AHDB Pork said restriction to capital is inhibiting smaller producers from expanding their herds, while among larger producers increasing environmental legislation is also hampering expansion, as they are moved away from coastal areas (where land prices are at a premium) and population centres.

 

Data showed that imports from the EU continued to increase, up 93% in the first quarter compared with the same period last year. All major EU producers, with Germany and Spain dominating the market, contributed to this growth.

 

Imports from non-EU countries also increased sharply in the first quarter, compared with the same period in 2015. Sixteen processing plants in the US have now been accredited by the China as part of its ractopamine-free adherence scheme, which frees up a greater volume of pork for export.

 

Canadian export volumes in January–March trebled year-on-year to 28,300 tonnes, helped by the depreciation of the Canadian dollar.
 
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