China's stock of breeding pigs has decreased

[China Native Pig Trading Network] China's stock of breeding pigs has decreased, and pork production has declined. Due to the reduction in the stock of breeding pigs in China, China's pork production has declined, and the increase in imports will help fill the gap in the current decline in pork production. This is also the reason why pork imports hit a record high in the first quarter.
The European Union remains China's largest pork supplier, and its share of China's pork imports has increased to 72%. Compared with the same period in 2014, EU pork exports to China increased by 23%.
The main driving force for EU pork exports to China comes from the substantial increase in German exports to China. Germany is surpassing the United States to become the country with the largest pork exports to China. Spain and Denmark's pork exports to China increased by 16% and 3% respectively.
Although China’s EU pork imports increased in the first quarter of 2015, pork imports from other countries around the world declined.
Among them, the volume of pork imported from the United States fell by 23%; the volume of pork imported from Canada fell by 37%. Due to lower pork prices in the EU, it is more competitive in the global market.
In the first quarter of 2015, China imported a total of 1.8 billion yuan worth of pork, a year-on-year increase of 8%. At the same time, China's pork exports in the first quarter were 20,300 tons, an increase of 6%.
In the first quarter, China imported 190,800 tons of pig offal, an increase of 9%, and the increase was still mainly from the European Union.
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