SunSirs: The Import, Breeding, and Sales of Pig in China as of the end of July
August 28 2024 11:10:16 SunSirs (Selena)
In July 2024, the top five pork importing countries in China were Brazil with imports of 48.5 million US dollars (28.1% share), Spain with imports of 48 million US dollars (27.8%), Denmark with imports of 11.6 million US dollars (6.7%), the Netherlands with imports of 6.1%, and Russia with imports of 9.6 million US dollars.
As of the end of July 2024, Da Bei Nong has sold over 3.3 million live pig. Da Bei Nong recently announced that as of the end of July, the cumulative number of live pigs slaughtered this year exceeded 3.3 million. Recently, the total cost of fattening pigs is about 14.6 RMB/kg, and it is expected to show a downward trend in the second half of the year. The annual target for pig slaughter remains around 6 million heads.
On the evening of August 26th, Wen Group released its 2024 semi annual report. In the pig industry, sales increased, prices rose, and costs decreased in the first half of the year, resulting in a significant year-on-year increase in gross profit margin. The company has sold a total of 14.3742 million pigs (including live pigs and fresh products) in six months, a year-on-year increase of 21.96%. The average sales price of Wenshi live pigs is 15.32 RMB/kg, a year-on-year increase of 5.09%.
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