China, the world's largest pork consumer, imported record volumes of meat in May, seeking to mitigate the devastating effects of African swine fever until domestic pork prices recover.
According to official customs data released on Sunday, June 23, in May, China purchased 556,276 tons of meat and offal, which is 45% more than a year earlier. As a result, the total volume of imports in the first five months of this year reached 2.2 million metric tons, which is 23% more than last year.
Among the total meat imports, pork imports increased the most, having increased in May by 63% compared to a year earlier - up to 187 459 tons. Lamb supplies increased by 53% to 42,036 tons, while beef imports increased by 41% to 123,720 tons. Also, customs data showed an increase in purchases of frozen chicken by 26% - up to 63,430 tons.
However, import growth throughout the year is likely to be limited, as China is cutting supplies to the United States due to a trade dispute between the two countries, said Jim Huang, CEO of China-data.com.cn, an agricultural consultant industry.
According to Juan, pork prices in some areas of the country have recently risen, despite low seasonal demand, indicating a shortage of supply.
On June 14, wholesale spot prices for pork were 21.55 yuan (3.14 US dollars) per kilogram, up 12% from the same period last year.