Frozen Meats
Our company specializes in import and export trade, with a primary focus on the importation of frozen beef from countries such as Australia, Uruguay, Brazil, New Zealand, and Argentina. We also import frozen mutton from Uruguay, Australia, and New Zealand, along with other meat products. With a solid economic foundation and a well-established network of relationships, our company is dedicated to putting customers first and maintaining honest business practices.
At the core of our values is the commitment to customer satisfaction and meeting their specific requirements. Through our dedicated services and relentless efforts, we aim to serve our customers diligently. We strive to build long-term partnerships by providing quality products and reliable services.
Our company is eager to collaborate wholeheartedly with professionals from various industries, both domestically and internationally. By working together, we believe we can create a better future for all parties involved.
According to data released by the General Administration of Customs of China, the import of beef in China has shown a consistent upward trend in recent years. In October 2021, China imported a total of 210,000 tons of beef, representing a 5.84% decrease compared to the previous month. However, from January to October 2021, China's beef imports reached 1.95 million tons, which marks an 11.8% increase compared to the same period in 2020.
China's imported beef primarily comes from 22 countries and regions, with Brazil, Argentina, Uruguay, the United States, and Australia being the main sources. Brazil, the world's largest beef exporter, has faced challenges due to cases of mad cow disease, leading to a decline in its export volume. China has also imposed a ban on Brazilian beef imports since September 2021. Similarly, Argentina suspended beef exports from May 20 to control domestic beef prices and only resumed exports to China in October.
The tightening of beef supply from the two largest beef exporters has had a global impact, leading to rising prices for imported beef. Despite these challenges, the demand for beef in China is expected to continue increasing. It is projected that by 2035, China's beef consumption will surpass 14 million tons, indicating a significant growth opportunity for the beef cattle industry. Factors such as rising incomes, increased consumption of beef and other meat products by Chinese residents, and the overall expansion of the market contribute to the growth potential.
China has become the third-largest producer of beef and the second-largest consumer globally. In 2021, China's beef production reached 6.98 million tons, while the demand reached 9.3002 million tons, resulting in a tight supply-demand situation. To address this, the Ministry of Agriculture and Rural Affairs issued the "Five-Year Action Plan for Promoting the Development of Beef and Sheep Production," aiming to achieve an 85% self-sufficiency rate for beef by 2025. The government has also introduced supportive policies to guide the expansion and improvement of beef and sheep production, including the standardization, intensification, and intelligent transformation of large-scale farms.
Overall, despite current challenges, the long-term prospects for the beef cattle industry in China are favorable, given the increasing demand and government support to enhance production and self-sufficiency.