ANALYSIS: China’s Beef Imports Sink 5.7% M-o-M in September; Tonnage Lowest Since 2020
China’s September 2024 beef imports slumped 5.7% month-on-month (m-o-m) to 218,199 metric tonnes (mt), according to the General Administration of Customs People's Republic of China.
Although August 2024 saw a mild recovery, volumes in September 2024 dropped by 13,136 mt, with declines recorded across all major suppliers except Australia and Bolivia. September 2024’s in-month tonnage was also the lowest since 2020, underscoring the ongoing challenges faced by the world’s largest beef importer.
Annual figures painted...
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