According to a report on China’s hog production and pork market, in 2012, hog stock reached 462.94 million, including 50.68 million sows. China hog fattening volume amounted to 696.28 million, ranking the first in the world, with almost half of the global hog fattening volume. In 2012, the rate of hog fattening volume was 150%. On average, the annual fattening volume of each sow is 13.7.
In 2012, China imported 522,000 tons of pork, increasing by 11.7% YOY. The total import value was USD 980 million, with an growth rate of 15.7% YOY. The average price of pork was USD 1,878.4 per ton, increasing by 3.6% YOY. Specifically, China imported 269,000 tons of pork from the EU, with a growth rate of 64.9% YOY, accounting for 51.4% of the total pork import volume. Besides, China imported 187,000 tons of pork from the U.S., decreasing by 26.1% YOY, taking up 35.7% of the total pork import volume in 2012. China also imported 53,000 tons of pork from Canada, with a growth rate of 7.5% YOY.
June, 2013/ Research and Markets.