China gobbles a larger share of world meat trade
Meat imports by China totaled 8.5 million tonnes in 2020, including 4.8 million tonnes of pork, according to the USDA.
By Chuck Abbott, Successful Farming
Agriculture.com - 2/19/2021
The world’s most populous country is already its largest meat-importing nation and “looks like it’s poised to play a major role in meat markets in the future,” said USDA senior economist Fred Gale on Thursday. China’s imports of beef, pork, and poultry are projected by the USDA to grow 29 percent in the coming decade.
“Our projections show that China will continue to grow those meat imports up to more than 10 million metric tons by the end of the projection period ,” said Gale during a panel discussion at the USDA’s Agricultural Outlook Forum on the trade landscape in China, the world’s largest agricultural importer. “This is something that’s caught us all off guard.”
Meat imports by China totaled 8.5 million tonnes in 2020, including 4.8 million tonnes of pork, according to the USDA. The total would dip to 8.3 million tonnes, with pork dropping to 4.5 million tonnes, this year for a one-year wobble in an otherwise steady increase over the years…