Chinese beef market supply-demand imbalance brings unlimited business opportunities for Brazilian beef export
2016-08-02
According to the news of Bloomberg News on
29th July, Chinese beef producing declined substantially, that lead
to the short supply and more import. Brazil export the beef to China has
increased 65% in the first six months,that get benefit from its sufficient
supply capcity and lower price.Now, Brazil has be the largest beef supplier in
China.
China has be the second largest beef
importer in the global which ranked after America, that impact Brazilian beef export
greatly. The datas from OECD shows that,the per capita beef consumption is
3.846kgs in China this year, but ten years ago,the data is 3.029kgs. According
to the date of USDA, China(included HONGKONG) will import 1.225 million tons
beef this year, the quantity is almost four times than 2012. The quantity of
import beef account for 25% of the total beef consumption in China last year,
but the date will be 36% this year.
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