USDA-FAS Gain Report CH2023-0194 released on January 4th quantified the value of poultry imports into China during 2022 at $4.165 billion. According to the Report, China has removed restrictions relating to routine surveillance for COVID virus creating possible new market opportunities.
For the first nine months of 2023, 338,309 tons of U.S. broiler products were shipped to China, valued at $576,346 with an average unit value of $1,704 per metric ton. Paws and feet represented 67.5 percent of volume and 73.2 percent of value with a unit price of $1,848 per metric ton.
During January through October 2023, exports of all broiler products to China were second in volume among importers but 29.9 percent lower than the corresponding months in 2022 to 372,326 metric tons and 31.2 percent lower in value. Volume and value of exports to China represented 12.2 percent and 16.3 percent of U.S. exports respectively with an average unit price of $1,732 per metric ton. The U.S. average price for all exports during January through October 2023 excluding China was $1,246, demonstrating the weighting of the unit value of feet on average export price.