10.
10.17
13:42

Pork sales to China - a question of local prices?

Pork sales in China - prices of exporting countries not first- end At the end of 2015 began the Chinese import boom of pork . Rising pork prices in China above the 3 € / kg mark offered a lucrative platform for importers and exporters. The peak was reached in 2016. In the transition to 2017 , the Chinese pig prices began to decline significantly and stabilized again only recently in the approx. 2.50 € / kg . Accordingly, the monthly import numbers decreased in varying steps.Import volumes   but are still at a high level. China's import reached its peak in autumn 2016. EU exports rose from monthly 25,000 to 150,000 to 200,000 tonnes. The EU import share reached a stake of up to approx. 70%. Although the US doubled its exports to China, it did not exceed 45,000 to 50,000 tonnes per month. The prices of exporting countries seem to have little effect on China imports. In the USA, competing pork prices of 1.00 to 1.50 € / kg after an initial boom have not led to any increases in China exports.The US export volumes are largely over 1.5 years   remained constant . Another reason for the limited US export is the problem with the growth promoters, which are not approved in China , in the US pig fattening wide   can be used. High pork prices in the EU of between 1.50 and 1.80 € / kg show only a weak link with export volumes. Importance of Chinese pigs is an important factor in the import behavior .The reason for the low price sensitivity is the fact that more durable but less valuable parts are possible for export. Their price level does not account for the greater fluctuations in the high-quality fresh meat segment   With. For the assessment of China imports, it is therefore essential to determine which prices are paid in China due to the supply-demand conditions there.  For the foreseeable future it is not yet clear whether and to what extent   Chinese self-production will rise again. The newly created production units in the still authorized areas are facing the production task in the restricted areas. The government is committed to increasing production improvement in rearing, fattening and marketing. Pork consumption in China has declined significantly under the given price conditions. At present a stabilization below the level of previous years is recognizable. 

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