Brazil is currently the largest supplier of China’s beef after pushing Australia into second place, English-language newspaper China Daily reported.
The paper said that an ample supply and low prices had allowed companies such as JBS, Minerva and Marfrig Global Foods to increase their exports to China by 65% in the first half of 2016.
The China Daily also said that although the Chinese eat pork more than any other meat, that per capita consumption is falling, and beef consumption is on the increase.
In May 2015 China removed an embargo on beef produced in Brazil, imposed in 2012 following cases of so-called mad cow disease that year in the country.
The per capita consumption of beef in China this year will reach 3.864 kg, against 3.029 kilograms a decade ago, but production has not kept pace with demand, so imports this year are expected to grow by 22% to 1.23 million tons, including meat bought in Hong Kong.
The amount of meat to be imported this year is almost four times higher than the amount purchased in 2012, with imports currently accounting for approximately 36% of consumption, against 25% in 2015.
Brazilian exports of beef to China and Hong Kong reached 265,800 tonnes in the first six months of the year, an increase of 65% compared to 161,000 tonnes recorded in the same period of 2015.
Brazil is currently China’s largest trading partner globally, with trade between the two countries reaching US$71.59 billion in 2015. (macauhub/BR/CN)