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China an Intriguing Market for US Pork
US - US pork shipments recently resumed to China, after about a one-year absence due to lingering restrictions related to A-H1N1 influenza.
As the world’s largest pork consumer, China is a very intriguing market for the U.S. industry. But China’s pork production is also by far the world’s largest, so its demand for imported pork can vary greatly according to its own production cycles.
Joel Haggard, US Meat Export Federation senior vice president for the Asia Pacific region, explains that capitalizing on opportunities for US pork in China depends greatly on accurate market intelligence – which is not easy to come by.
With four offices in China and another in Hong Kong, Haggard and his staff obtain much of this information through face-to-face meetings with key industry contacts.
Haggard also discusses how most opportunities for U.S. pork in China are in the foodservice sector – which is growing by 15 percent to 20 percent per year – and with China’s major meat processors. Retail marketing opportunities may develop in the future, but are very limited at this time.
Audio Link: Haggard on Understanding Pork Opportunities in China
TheMeatSite News Desk |
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