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Bethan Wilkins

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AHDB Pork Market Intelligence

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Reduction in Chinese imports in year to date

Home \ Prices & Stats \ News \ 2014 \ October \ Reduction in Chinese imports in year to date

Figures show a 2% decline in pork imports in the first nine months of this year. The EU maintained its position as the dominant supplier of pork to China, accounting for 63% of the total, while the UK's market share rose to 5%.

Figures published by China Customs show a 2% decline in pork imports in the first nine months of this year. Given the financial difficulties faced by Chinese producers in 2012-13 and the resulting fall in domestic production, pork imports were particularly high last year. As such, despite the latest decline, Chinese pork imports remain historically high. The EU maintained its position as the dominant supplier of pork to China, accounting for 63% of the total, in spite of a 2% decline in volumes imported. China purchased 21% less pork from Germany but supplies from Spain and Denmark increased by 35% and 6% respectively. While the UK plays a smaller role in the Chinese import market, around 5% of the total, strong growth was recorded, with a 38% rise in UK pork shipments.

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The US is the other key supplier of pork to China, taking 23% of the market. Across the first nine months of this year, imports from the US increased by 15% compared with the same period in 2013. However, by the third quarter, its shipments were down by nearly half, further strengthening the EU’s market share. The value of Chinese pork imports in the first nine months of this year totalled RMB 4.8 billion, down 4% from a year earlier.

China’s pig offal imports were almost unchanged in the first nine month of this year, at 607,500 tonnes. Over half of the total offal imports were sourced from the EU but, like the pork market, the US remained the key country supplier. Higher offal imports from the US were offset by declines from the main EU suppliers and Canada. The value of offal imports totalled RMB 6.5 billion, down 6% compared with January to September 2013.