China - Pork (Meat Of Swine) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPork Prices in China
China Pork Import Price in September 2022
In September 2022, the pork price stood at $2,363 per ton (CIF, China), with an increase of 4.7% against the previous month. Over the last eight months, it increased at an average monthly rate of +1.6%. The most prominent rate of growth was recorded in August 2022 an increase of 7.5% m-o-m. Over the period under review, average import prices attained the maximum in September 2022.
There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was Chile ($2,591 per ton), while the price for the United States ($1,704 per ton) was amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by Chile (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.
China Pork Import Prices by Type
There were significant differences in the average prices amongst the major supplied products. In September 2022, the product with the highest price was fresh or chilled pig meat other than cuts or carcases ($10.6 per kg), while the price for frozen hams, shoulders and cuts of pig meat ($2,194 per ton) was amongst the lowest.
From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by fresh pork other than cuts or carcases (+3.0%), while the prices for the other products experienced more modest paces of growth.
China Pork Imports
In September 2022, purchases abroad of pork increased by 9.7% to 152K tons, rising for the second month in a row after three months of decline. Overall, imports saw a relatively flat trend pattern. The growth pace was the most rapid in August 2022 when imports increased by 14% month-to-month. Over the period under review, imports hit record highs in September 2022.
In value terms, pork imports rose sharply to $359M (IndexBox estimates) in September 2022. The total import value increased at an average monthly rate of +1.8% over the period from January 2022 to September 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain months. The pace of growth was the most pronounced in August 2022 with an increase of 22% month-to-month. Over the period under review, imports attained the peak figure in September 2022.
China Pork Imports by Type
In September 2022, frozen pig meat other than cuts or carcases (112K tons) constituted the largest type of pork supplied to China, accounting for a 74% share of total imports. Moreover, frozen pig meat other than cuts or carcases exceeded the figures recorded for the second-largest type, frozen hams, shoulders and cuts of pig meat (40K tons), threefold.
From January 2022 to September 2022, the average monthly rate of growth in terms of the volume of import of frozen pig meat other than cuts or carcases was relatively modest. With regard to the other supplied products, the following average monthly rates of growth were recorded: frozen hams, shoulders and cuts of pig meat (-0.1% per month) and fresh or chilled pig meat other than cuts or carcases (+6.4% per month).
In value terms, frozen pig meat other than cuts or carcases ($271M) constituted the largest type of pork supplied to China, comprising 76% of total imports. The second position in the ranking was held by frozen hams, shoulders and cuts of pig meat ($87M), with a 24% share of total imports.
China Pork Imports by Country
Spain (42K tons), Brazil (37K tons) and Denmark (17K tons) were the main suppliers of pork imports to China, together comprising 63% of total imports. These countries were followed by the United States, the Netherlands, Canada, the UK, Chile, France and Ireland, which together accounted for a further 34%.
From January 2022 to September 2022, the biggest increases were in the United States (with a CAGR of +3.6%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Spain ($103M), Brazil ($95M) and Denmark ($44M) constituted the largest pork suppliers to China, with a combined 67% share of total imports. These countries were followed by the Netherlands, the United States, Chile, the UK, Canada, France and Ireland, which together accounted for a further 30%.
Among the main suppliers, Chile, with a CAGR of +8.1%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the pork 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 1035 - Pig 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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
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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
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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
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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
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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
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This report provides an in-depth analysis of the pork market in China.
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This report provides an in-depth analysis of the fresh pork cut market in China.
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This report provides an in-depth analysis of the market for fresh pork other than cuts or carcases in China.
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This report provides an in-depth analysis of the frozen pork carcase market in China.
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This report provides an in-depth analysis of the frozen pork cut market in China.
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This report provides an in-depth analysis of the market for frozen pig meat other than cuts or carcases in China.
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This report provides an in-depth analysis of the global fresh pork carcase market.
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This report provides an in-depth analysis of the global fresh pork cut market.
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Discover insights into the future of China's pork market with forecasts until 2030, analyzing trends and factors shaping the industry's trajectory.
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The worry for prices to rise leaves hoarding tendencies, because feed has been raised. A breeder does not want to produce more stock when cost has risen.
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China’s pork imports remained high in 2021, totalling $8B from January to August. Rising supplies from Spain and Brazil offset the decline in purchases from the U.S. Compared to the figures of 2020, Spain pork exports to China grew by 70% to 900K tons, while Brazil ramped up shipments by 25% to 360K tons. In 2022, the volume of China’s pork imports is forecast to decrease by 5% due to boosting domestic supply.
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As of June 2023, the price of Frozen Pork Cut was $2,088 per ton (CIF, China), which was similar to the previous month.
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In 2017, production of frozen pig meat in China totaled 2.3M tons, increasing by 17% against the previous year...
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WH Group, the largest pork producer, gets shareholder approval to list Smithfield Foods in the U.S., set for NYSE or Nasdaq, promising strategic benefits in the global pork market.
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Discover the leading countries in the global pork import market and their key statistics. Learn about the top importers of pork products and their role in meeting the demand for pork around the world.
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Explore the top import markets for pork based on their import value in 2022. Japan, China, Mexico, Italy, South Korea, United States, Poland, Germany, United Kingdom, and Romania lead the way. Get key statistics and insights from the IndexBox market intelligence platform.
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Global pork consumption amounted to X thousand tons in 2015, going up by +X% against the previous year level.
