The latest data for September is released, with imported meat decreasing by 11% year-on-year and cattle and sheep prices increasing year-on-year

On October 18th, the General Administration of Customs released detailed data on China's imported meat for September. The data showed that China imported 540,000 tons of meat (including minced meat) in September, a year-on-year decrease of 9.1%. From January to September, the cumulative import of meat (including minced meat) was 4.94 million tons, a year-on-year decrease of 13.4%. ‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍

Since 2024, the overall import volume of meat (including minced meat) in China has continued to decline. On the one hand, there is sufficient supply of domestic meat products, and foreign products do not have significant price advantages in a buyer's market environment; On the other hand, due to various reasons such as drought and the pandemic, the export volume to China has been affected, which is also reflected in specific data.