Crying over China. Who's losing in the biggest meat market?
China is taking a severe approach to meat suppliers mixing the food security system with politics. During the first month of the year, several batches of meat products were rejected by the General Administration of Customs in China (GACC) of inspectors. Most of those have arrived from the US or Australia and the reason invoked by GACC was the inconsistency of cargo certification (see picture below).
Nevertheless, US analysts have predicted a new trade war phase for this year between Washington and Beijing, while Australia has already been cut off (with 10 meat processing units suspended) from the Chinese beef and sheepmeat market in the last 12 months, due to political disputes between the parts.
Lately, Lithuania has lost access in the Chinese beef market (725 tonnes per year in export) as the EU member state is suspected of playing a duplicitous policy regarding Great China (a political view of Beijing that does not recognize the independence of Taiwan). By 2022 and 2023, the map of China's meat suppliers may change quickly, as Beijing is taking advantage of the oversupply of pork in the domestic market and new suppliers added in the beef market. chile, South American States are expected to increase their presence in the Chinese meat market, along with New Zealand, while the rest of the main players in the field may encounter new trade barriers.
April beef exports totaled 89,783 mt, down 11% from a year ago, while value fell 5% to $780.6 mil...
However, there is reason to hope that the market can now recover at this lower price level. A sur...
Pork exports totaled 257,212 metric tons (mt) in April, 8% (and nearly 20,000 mt) above last year...
