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Asian pork imports grew in 2016

According to AHDB Pork, Chinese pork imports more than doubled on the year during 2016, reaching a substantial 1.6 million tonnes shipped weight and establishing the nation as the dominant global pork importer.

Tuesday 14 February 2017 (1 years 8 months 2 days ago)
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The EU was the main winner in capitalising on this market, supplying two-thirds of the imported product. This was particularly true early in 2016, driven by plentiful supplies, competitive prices and hormone-free production systems. However, as the year progressed, the EU lost market share to the increasing supplies of price-competitive US pork. Brazil also proved to be an emerging threat as, after gaining increasing access to China, it became its eighth largest pork supplier last year.

Annual offal imports were 72% above year earlier levels, reaching 1.3 million tonnes. In contrast to the pork market, this growth was relatively consistent throughout the year. While the EU remained the dominant supplier, with over 50% of the market share, growth in shipments from the US were significant. At over 424,000 tonnes, American shipments trebled on 2015 levels.

With the exception of China, other key Asian pork importers experienced relatively modest growth during 2016. Hong Kong imports were up 35% on year earlier levels during 2016, almost reaching 343,000 tonnes, South Korea showed a modest 3% year-on-year growth in pork imports last year, almost reaching 465,000 tonnes and Japan pork imports saw moderate 9% growth on the year, reaching 861,000 tonnes.

Friday February 3, 2017/ AHDB Pork/ United Kingdom.
http://pork.ahdb.org.uk

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