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China - Flours, Meals And Pellets Of Meat Or Meat Offal - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Meat Meals and Pellets in China - 2023
Contents:
- Price for Meat Meals and Pellets in China (CIF) - 2023
- Price for Meat Meals and Pellets in China (FOB) - 2022
- Imports of Meat Meals and Pellets in China
- Exports of Meat Meals and Pellets in China
Price for Meat Meals and Pellets in China (CIF) - 2023
The average meat meals and pellets import price stood at $1,066 per ton in June 2023, approximately reflecting the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.4%. The growth pace was the most rapid in October 2022 when the average import price increased by 4.7% m-o-m. Over the period under review, average import prices attained the maximum in June 2023.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the United States ($1,213 per ton), while the price for Argentina ($731 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United States (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Meat Meals and Pellets in China (FOB) - 2022
The average meat meals and pellets export price stood at $578 per ton in 2022, falling by -42.3% against the previous year. Over the period under review, the export price showed a perceptible slump. The most prominent rate of growth was recorded in 2016 an increase of 158% against the previous year. The export price peaked at $1,972 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($1,510 per ton), while the average price for exports to South Africa amounted to $445 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (+37.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Meat Meals and Pellets in China
In 2022, overseas purchases of flours, meals and pellets of meat or meat offal decreased by -3.8% to 306K tons, falling for the second consecutive year after two years of growth. In general, imports recorded a perceptible curtailment. The growth pace was the most rapid in 2020 when imports increased by 7.9% against the previous year. As a result, imports attained the peak of 366K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, meat meals and pellets imports totaled $276M in 2022. The total import value increased at an average annual rate of +6.3% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 7.4%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
Import of Meat Meals and Pellets in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 164 | 182 | 204 | 194 | 5.8% |
Australia | 27.8 | 26.6 | 20.6 | 27.5 | -0.4% |
Uruguay | 16.3 | 11.5 | 19.1 | 25.5 | 16.1% |
Argentina | 10.7 | 13.0 | 11.1 | 21.1 | 25.4% |
New Zealand | 10.1 | 11.3 | 7.5 | 7.4 | -9.8% |
Others | 0.5 | 0.4 | N/A | 0.1 | -41.5% |
Total | 230 | 245 | 263 | 276 | 6.3% |
Top Suppliers of Meat Meals and Pellets to China in 2022:
- United States (188.5K tons)
- Australia (40.5K tons)
- Uruguay (37.4K tons)
- Argentina (30.1K tons)
- New Zealand (8.9K tons)
Exports of Meat Meals and Pellets in China
In 2022, approx. 1.8K tons of flours, meals and pellets of meat or meat offal were exported from China; picking up by 140% on 2021. In general, exports, however, showed a deep reduction.
In value terms, meat meals and pellets exports skyrocketed to $1M in 2022. Over the period under review, exports, however, saw a dramatic decrease.
Export of Meat Meals and Pellets in China (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Africa | N/A | 9.7 | N/A | 732 | 768.7% |
United Kingdom | N/A | 38.9 | 90.3 | 146 | 93.7% |
Ecuador | 526 | N/A | N/A | N/A | 0% |
South Korea | 361 | 22.4 | 12.9 | N/A | -81.1% |
Malaysia | 439 | 928 | 250 | N/A | -24.5% |
Nepal | 191 | 158 | N/A | N/A | -17.3% |
Philippines | 393 | N/A | N/A | N/A | 0% |
Indonesia | 361 | 67.4 | N/A | N/A | -81.3% |
Others | 225 | 73.3 | 378 | 137 | -15.2% |
Total | 2,495 | 1,298 | 732 | 1,015 | -25.9% |
Top Export Markets for Meat Meals and Pellets from China in 2022:
- South Africa (1643.5 tons)
- United Kingdom (96.6 tons)
This report provides an in-depth analysis of the market for meat meals and pellets in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10131600 - Flours, meals and pellets of meat or meat offal unfit for human consumption, greaves
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the market for meat meals and pellets in China.
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The intense trade growth seen in recent years is threatened by problems in China, due to the coronavirus epidemic and fears of economic growth.
In value terms, meat flours, meal and pellets imports stood at $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total imports value increased at an average annual rate of...
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