Chinese Beef Imports Jump 30 Per Cent

07.07.2010 10:42 "Agro Perspectiva" (Kyiv) — Chinese beef imports jumped 30 per cent year-on-year during the five months of 2010 to a record 5,696 tonnes swt, according to official statistics from the Chinese Customs Bureau. Driving the increase was the continued strong demand for beef in China, with higher imports of both New Zealand and Uruguayan beef more than offsetting falls from Australia and Brazil. Impacted by reduced production during the first quarter of 2010, Australias imported beef market share in China decreased to 26 per cent. Australia remained the dominant supplier of chilled loin cuts to China during the period, despite the tighter supplies and high A$ pushing chilled prices 46 per cent higher on last year, to average A$21.23/kg. Imports of Brazilian beef, influenced by reduced supplies and stronger competition from other markets, fell 27 per cent year-on-year, to only 261 tonnes √ making up five per cent of total imports between January and May. During 2010, Uruguay has emerged as the dominant frozen beef supplier to China. Beef imports from Uruguay for the five months trebled on the same period in 2009, to 2,780 tonnes swt √ making up 49 per cent of total imports. China also imported 30 per cent more beef from New Zealand during the period (1,155 tonnes swt).

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