beef import – CRI Report

Forecast on Beef Import of China, 2017-2021

Yuwenhao — Tue, 29 Aug 2017 07:45:08 +0000

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 the future. Production volume of the 10 provinces referred to above is expected to take over 85% of the market proportion, and more than 50% will be contributed by Henan, Shandong, Hebei and Inner Mongolia.

Fresh and chilled beef (kilogram)

Forecast on Import and Export Volume of Fresh and Chilled Beef in China, 2017-2021

Year	Export Volume (kg)	Import Volume (kg)
2017	131,170	2,652,841
2018	146,510	3,152,858
2019	158,680	3,112,548
2020	172,000	2,035,896
2021	184,000	3,355,863

Source: public data

Frozen beef (kilogram)

Forecast on Import and Export volume of Frozen Beef in China, 2017-2021

Year	Export Volume (kg)	Import Volume (kg)
2017	4,088,254	580,052,358
2018	4,768,954	463,412,842
2019	4,915,498	487,246,963
2020	5,528,254	400,095,523
2021	6,025,285	455,014,625

Source: public data

Reference:

Research Report on China Beef Market, 2017-2021

According to CRI, the legal import volume of beef in 2016 reached 579,800 tons, increasing by 22.4% compared to 2015, and the import value exceeded USD 2.5 billion.

The post Forecast on Beef Import of China, 2017-2021 first appeared on CRI Report.

Analysis on Import Structure of Beef in China

Yuwenhao — Tue, 22 Aug 2017 02:58:40 +0000

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 beef would be removed in the next 9 years and tariffs on imported Australian beef offal would be removed in the next 2 to 7 years. Preferential tariff policies would help New Zealand and Australia beef enter the Chinese market.

Besides, it is estimated that traceability system and inspection and quarantine requirements of American beef will be formulated in 2017. Imported beef will show development patterns. American beef is served mainly with high-end beef or it may impact Australia’s high-end beef market.

Structure of Chinese Imported Beef

From the historical data, two-thirds of imported beef are boneless and one-third is beef with bones. The rest are beef offal and fresh chilled beef. This imported beef structure reflects the market demand for imported beef in China will be relatively stable in the next few years.

Reference:

Research Report on China Beef Market, 2017-2021

According to CRI, the legal import volume of beef in 2016 reached 579,800 tons, increasing by 22.4% compared to 2015, and the import value exceeded USD 2.5 billion.

Research Report on Beef Import in China, 2019-2023

Smuggled beef and legally imported beef share similar end consumers, namely, households, catering enterprises and food processing enterprises.
It is expected that the import volume of beef in China will continue to grow from 2019 to 2023.

The post Analysis on Import Structure of Beef in China first appeared on CRI Report.

Analysis on Beef Import and Export in China, 2016

Yuwenhao — Mon, 19 Jun 2017 03:05:58 +0000

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 of Agriculture, in 2016, global production volume of beef was 60.49 million tons while in the corresponding period, China’s production volume of beef was 7.17 million tons which accounted for 11.9% of the globe. In 2016, China imported 579.8 thousand tons of beef, up by 22.37% YOY; total value was USD 2.52 billion, up by 8.41% YOY. Besides, China exported 4.1 thousand tons of beef, down by 11.88% YOY; total value was USD 40.26, down by 9.98% YOY.

China’s Beef Import and Export Statistics, 2012 – 2016

Year	Import Value: USD	Import Volume: kg	Export Value: USD	Export Volume: kg
2012	254,659,733	61,386,414	80,601,309	12,200,285
2013	1,270,145,097	294,223,063	44,315,882	5,874,229
2014	1,289,959,007	297,949,375	59,274,519	6,493,991
2015	2,320,587,412	473,835,392	44,721,229	4,702,073
2016	2,515,759,707	579,835,586	40,259,454	4,143,312

Source: China Customs

Combine data from National Bureau of Statistics and China Customs, in 2016, national apparent consumption of beef was 7.74 million tons, up by 3.68% YOY. The consumption of beef per capita was 5.60 kg in 2016.

Related Reports:

Research Report on China Beef Market, 2017-2021

According to CRI, the legal import volume of beef in 2016 reached 579,800 tons, increasing by 22.4% compared to 2015, and the import value exceeded USD 2.5 billion.

Research Report on Beef Cattle Breeding Industry and Beef Market in China, 2011-2020

According to CRI, the legal import volume of beef in China reached 473,800 tons in 2015, 59% increase than 2014. The value of import surpassed USD 2 billion.

The post Analysis on Beef Import and Export in China, 2016 first appeared on CRI Report.