market

At the beginning of this year, the opening of Costco's Shenzhen store sparked a craze, with over 140,000 people opening cards, setting a record for the highest number of cards opened in stores worldwide.

The report has identified multiple high growth and strong demand category tracks, with an average sales growth rate of 104%.

Rather than saying that Sam's success is entirely based on quality, it is more accurate to say that Sam has successfully planted a belief in its "channel brand" in the hearts of the Chinese middle class, which is also the key to his success.

Despite the rapid development of the coffee market in China, there is still a significant gap in per capita consumption level compared to mature markets such as Japan, South Korea, Europe, and America, demonstrating enormous potential for growth

In the first half of 2024, Japan imported 84,056 tons of Chinese chicken products, a year-on-year increase of 7%.

In the first 10 months, the total export value of agricultural, forestry and aquatic products reached US$51.74 billion, an increase of 20.2% over the same period in 2023

The scale of aquaculture and poultry farming has expanded, and the demand for feed has continued to grow.

The beef export situation of major countries to China in September 2024 is as follows:

Overview of China’s beef import data
Overall trend:
In September 2024, China's total beef imports were 219,000 tons.
A year-on-year increase of 17.5% and a month-on-month increase of 25.1%.

Main import source countries:
Brazil, Argentina and New Zealand are China's main sources of beef imports.
Export situation of specific countries

The supply of crabs in the market gradually increased in October, and prices varied due to factors such as variety, origin, and specifications.

Guizhou Moutai continued to rank first, with food performance exceeding 140 billion yuan.