Food & Beverage

Forecast on Beef Import of China, 2017-2021

Meat food market is currently in a decentralized model of competition due to the low concentration ratio in the market. It is estimated by Ministry of Agriculture of the PRC that meat food demand will reach 100 million tons in 2020, while the production volume can only realize 90 million tons, leaving a gap of 10 million tons to be bridged by import. Future competition pattern of beef market: a beef market competition pattern centered in Henan, Shandong, Hebei, Inner Mongolia, Liaoning, Jilin, Xinjiang, Sichuan and Yunnan will emerge in…

Read More
Food & Beverage

Analysis on Import Structure of Beef in China

Structure of China’s Imported Beef by Country Australia, Uruguay and New Zealand are the top three in import origins of beef in China. There are more imports from Australia and New Zealand because China signed “New Free Trade Agreement”  with New Zealand and signed “Free Trade Agreement” with Australia. According to “New Free Trade Agreement”, from the beginning of 2016, the tax rate of beef and its products imported from New Zealand and Australia would be reduced to zero; according to the latest “Free Trade Agreement”, tariffs on imported Australian…

Read More
Food & Beverage

Analysis on Beef Import and Export in China, 2016

According to CRI, in 2016, total production volume of pork, beef, mutton and poultry was 83.64 million tons, down by 1.1% YOY compared to 2015. Specifically, production volume of pork was 52.99 million tons, down by 3.4%; production volume of beef was 7.17 million tons, up by 2.4%; production volume of mutton was 4.59 million tons, up by 4.2%; production volume of poultry was 18.88 million tons, up by 3.4%. Production volume of egg and poultry was 30.95 million tons, up by 3.2%. According to statistics of the U.S. Department…

Read More