China Meat Association reported on the state of the industry before Congress

The rate of change of the Chinese meat sector are very high demand and prices for meat products are growing, and the modernization of production lags.

Told the president of the Association of meat producers in China (CMA) during his speech at the International Congress of meat, held in Beijing.

«In recent years, the Chinese meat industry has increased significantly due to increased investment in the sector and the growing domestic demand for meat products. Contributed to this growth and modernization of production, "- says Kindzhou Meng, president of the CMA.

In 2013, the total profit of the meat sector in China grew by 14.5%, he added and said that, in general, we can say that the Chinese meat sector is experiencing a period of rapid growth.

production volumes also rose. Pork production sector remains a leader in this regard, with production growth of 2.8% in 2013. Beef production increased by 1.7%, mutton - by 1.8%, poultry - by 1.3%. The total volume of meat production in China last year reached 85 million tons, and the average volume of meat consumption also increased.

prices for meat products continue to grow, and beef showed the largest increase - 18.5%. Lamb has risen by 14.3%, poultry and pork - by 0.7% and 0.4%, respectively. Rising prices for poultry to contain the spread of bird flu in many regions of the country, which affected the demand and cost of poultry products.

As for industry modernization, the question here is to consolidate the industry, and since 2011 has about 5,000 small farms have gone through this process and, according to Kindzhou is only half way.

He also stressed that small private companies bear the risk of the spread of substandard and unsafe products, so it is necessary to accelerate the pace of modernization.

However, despite all the difficulties, China remains one of the largest players in the global meat market. Chinese pig sector produces about 55 million tons of pork annually, accounting for about 50% of global production.

Source: Meatinfo