China Boosts imports of pork - EU enjoys primacy
In the 1st quarter of the year 2016 , China has increased its pork imports by more than 72% . Background is the production slump in his own country, was triggered by a period of lack of profitability. Sow housing in particular was restricted to 20% with the result that too little piglets for the mast available are.
China's demand for pork has yielded something though, remains but is still at a high level. In the meantime climbed the Chinese pig prices to €3.30 / kg.
The false demand for pork is covered by rising imports. The majority of the share of the imports comes from EU countries, while the growth rates of the United States and Canada are relatively low.
The EU exports to China in the 1st quarter in 2016 to 60% increased compared to the same period last year. The volume is rd 380,000 tons. Germany is involved with approximately 115,000. Denmark provided approximately 80,000 t. Spain comes on about 70,000 t, Holland and considerable export countries are France with the 30,000 t.
Should the EU exports continues, more than 1.5 million "pork" in China could be discontinued.
The sales benefits of the EU usually consist in the low initial price level, a euro exchange rate weak relative to the dollar, current low overseas freight rates as well as benefits in terms of hygiene and avoid critical growth promoters.
In terms of value added observe however, that mostly inferior parts find their way to Asia. Therefore will move a price increasing effect of the high export figures within narrow limits.
