China - Meat And Poultry - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingSignificant Decline in China's Meat and Poultry Imports, Falling to $23.6 Billion in 2023
China Meat And Poultry Imports
In 2023, overseas purchases of meat and poultry decreased by -1.8% to 6M tons, falling for the third consecutive year after three years of growth. Overall, imports, however, posted a prominent increase. The pace of growth was the most pronounced in 2020 when imports increased by 71%. As a result, imports reached the peak of 8.4M tons. From 2021 to 2023, the growth of imports failed to regain momentum.
In value terms, meat and poultry imports declined rapidly to $23.6B (IndexBox estimates) in 2023. In general, imports, however, continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2019 with an increase of 78%. Imports peaked at $28.3B in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.
| COUNTRY | Import Value of Meat And Poultry in China (billion USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| Brazil | 0.5 | 0.5 | 1.0 | 2.0 | 1.9 | 2.8 | 4.0 | 7.4 | 7.7 | 10.0 | 8.9 |
| United States | 0.7 | 0.5 | 0.2 | 0.4 | 0.3 | 0.2 | 0.6 | 2.6 | 3.3 | 3.2 | 2.5 |
| Argentina | 0.1 | 0.1 | 0.3 | 0.3 | 0.5 | 0.9 | 2.0 | 2.3 | 2.3 | 2.9 | 2.3 |
| Australia | 1.1 | 1.0 | 1.0 | 0.7 | 1.0 | 1.5 | 2.5 | 2.2 | 2.0 | 2.4 | 2.2 |
| New Zealand | 0.7 | 0.9 | 0.9 | 0.7 | 0.9 | 1.3 | 2.1 | 1.9 | 2.5 | 2.6 | 2.0 |
| Uruguay | 0.3 | 0.3 | 0.5 | 0.5 | 0.7 | 0.8 | 1.1 | 0.9 | 1.6 | 1.9 | 1.2 |
| Spain | 0.1 | 0.2 | 0.3 | 0.5 | 0.4 | 0.4 | 0.9 | 2.7 | 3.1 | 1.1 | 0.9 |
| Others | 0.9 | 0.8 | 1.3 | 2.3 | 1.6 | 1.6 | 3.4 | 7.4 | 5.7 | 3.8 | 3.6 |
| Total | 4.3 | 4.4 | 5.4 | 7.6 | 7.2 | 9.4 | 16.7 | 27.4 | 28.3 | 27.9 | 23.6 |
Imports by Country
In 2023, Brazil (2.3M tons) constituted the largest supplier of meat and poultry to China, with a 38% share of total imports. Moreover, meat and poultry imports from Brazil exceeded the figures recorded by the second-largest supplier, Argentina (558K tons), fourfold. the United States (522K tons) ranked third in terms of total imports with an 8.7% share.
From 2013 to 2023, the average annual rate of growth in terms of volume from Brazil stood at +27.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (+32.7% per year) and the United States (+1.1% per year).
In value terms, Brazil ($8.9B) constituted the largest supplier of meat and poultry to China, comprising 38% of total imports. The second position in the ranking was held by the United States ($2.5B), with an 11% share of total imports. It was followed by Argentina, with a 9.6% share.
From 2013 to 2023, the average annual growth rate of value from Brazil amounted to +33.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+14.3% per year) and Argentina (+37.8% per year).
Imports by Type
Beef (cattle meat) (2.7M tons), pork (1.8M tons) and chicken meat (1.3M tons) were the main products of meat and poultry imports to China, with a combined 94% share of total imports.
From 2013 to 2022, the most notable rate of growth in terms of purchases, amongst the major product types, was attained by beef (cattle meat) (with a CAGR of +28.5%), while imports for the other products experienced more modest paces of growth.
In value terms, beef (cattle meat) ($17.8B) constituted the largest type of meat and poultry supplied to China, comprising 64% of total imports. The second position in the ranking was held by chicken meat ($4.1B), with a 15% share of total imports. It was followed by pork, with a 14% share.
Import Prices by Country
In 2023, the meat and poultry price amounted to $3,912 per ton (CIF, China), waning by -14% against the previous year. In general, import price indicated a perceptible expansion from 2013 to 2023: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, meat and poultry import price increased by +50.6% against 2016 indices. The pace of growth appeared the most rapid in 2022 an increase of 26%. As a result, import price reached the peak level of $4,551 per ton, and then shrank in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($5,650 per ton), while the price for Canada ($2,056 per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by the United States (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the meat and poultry market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 1108 - Meat of asses
- FCL 1089 - Meat of pigeons and other birds nes
- FCL 947 - Buffalo meat
- FCL 1127 - Meat of camels
- FCL 867 - Meat of cattle
- FCL 870 - Meat of cattle, boneless
- FCL 1058 - Chicken meat
- FCL 1069 - Duck meat
- FCL 1017 - Goat meat
- FCL 1073 - Goose meat
- FCL 1097 - Horse meat
- FCL 1111 - Meat of mules
- FCL 1158 - Meat of other domestic camelids
- FCL 1151 - Meat of other domestic rodents
- FCL 1035 - Pig meat
- FCL 1141 - Rabbit meat
- FCL 977 - Meat of sheep
- FCL 1080 - Turkey meat
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Producing Animals Slaughtered, 2012–2024
- Yield, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
