market

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.

Head companies such as Guolian Aquatic, Hengxing Aquatic, and Anjing Foods have taken the lead in the market with their perfect industrial chain and strong brand influence.

In August 2024, main agricultural imports were "oil-containing kernels, etc.", "meat and edible offal" and "edible fruits and nuts, etc.", with imports of US$6.71 billion, US$1.90 billion and US$1.51 billion respectively

From January to August 2024, the top three products in terms of China's grain import value were soybeans, corn and wheat, with imports of US$359,993 million, US$34,372 million and US$33,499 million, respectively, accounting for 734%, 70% and 68% of the total grain imports

From January to August 2024, the top three products in terms of import value of livestock and poultry meat products in China were beef, pork offal and pork, with imports of US$9,005.4 million, US$1,733.4 million and US$1,357.3 million, respectively, accounting for 58.7%, 11.3% and 8.9% of the total import value of poultry meat products

The logic behind price reduction is to exchange price for volume, but there is a prerequisite, that is, only some companies use it or only reduce prices during certain time periods. When everyone does this, the price reduction will have no effect.

Self service hotpot of more than 30 yuan per meal, self service fast food of more than 10 yuan per meal, as well as self service desserts, self service barbecue, self service spicy hot pot, etc., various forms of buffets are emerging in batches, capturing the hearts of consumers.

Some Malaysian durian growers have used genetic modification and other methods to make the originally sweet and bitter Musang King "go from bitterness to sweetness" in order to cater to the Chinese market.