China will increase pork imports: what does this mean for the market?

At the same time, imports of live pigs are expected to be lower than last year, amounting to only seven thousand heads. The United States , France and Denmark are the main exporters of animals, and the United States, Canada , Brazil and Spain are the main suppliers of pork. IT is important to note that Russia has also begun exporting pork to China as part of a recent agreement.

The reason for the increase in pork imports is the expected decline in pig production by three percent year-on-year, to 695 million Head. This is due to a decrease in Meat reserves, a reduction in the number of slaughters and a decrease in the slaughter weight of pigs during fattening. However, in addition to these factors, the decline in live stock purchases is also due to concerns about new cases of African swine fever and low prices, due to which some exporters are refusing supplies.

Why China is cutting pig slaughter by three percent has not been officially explained. China's domestic pork consumption is also expected to fall three percent to 57.8 million tonnes, which could also be linked to shortage concerns.

China's increase in pork imports could impact the international market. Growing demand from China could create new opportunities for pork exporters, especially the US, France, Denmark and other supplying countries. However, reduced domestic consumption and increased imports may also put pressure on local pork producers, who will have to adapt to changing market conditions.

In general, the increase in Chinese pork imports is an interesting development for the market and may lead to changes in the strategies of producers and exporters of this product.