A senior livestock analyst with Rabobank predicts that China’s pork imports could fall by as much as 30 percent in 2021 as recovery efforts ramp up.
by The Pig Site 8 December 2020, at 10:25am
According to reporting in Bloomberg, China’s efforts to rebuild its hog herd after ongoing African swine fever outbreaks are exceeding expectations – potentially reducing their reliance on pork imports.
Pan Chenjun, a senior livestock analyst with Rabobank told Bloomberg that overseas purchases of pork and offal could drop to 3.5 million tonnes in 2021, pulling back from a record of more than 5 million tonnes in 2020. As it stands now, China’s pork imports account for nearly 50 percent of the global meat trade. Despite the fallback in imports, China is expected to remain the world’s biggest meat importer in 2021.
Source : the pigesite.com