Record Shipments Of Brazilian Beef Cleared In China
CHINA - Beef imports into China from Brazil during August jumped more than 22 times, compared with a year earlier, to a record volume of 2,203 tonnes swt.
4 October 2010
1 minute read
Total beef imports from all countries into China for the month surged 173 per cent year-on-year, to reach 3,737 tonnes swt. New Zealand was the only supplier to register a fall in the volumes imported by China, decreasing 21 per cent to 137 tonnes swt, reports Meat and Livestock Australia.
Beef imports from Uruguay, now the second largest beef supplier bounced 27 per cent during August on 12 months earlier, to 777 tonnes swt. Similarly, beef imported from Australia also increased by 27 per cent to 620 tonnes swt.
Competitive prices were the key driver for a surge in South American beef into China during recent months, as local demand from low-end foodservice expands as a result of lower domestic supplies.
Over the calendar year to August, Uruguay remained China’s largest beef import supplier, holding a 39 per cent market share (5,134 tonnes swt), followed by Brazil (27 per cent), Australia (20 per cent) and New Zealand (13 per cent).
In the chilled beef import market, Australia continued to take the lead, accounting for 97 per cent of the imported chilled market for the first eight months of 2010.
TheCattleSite News Desk
