China to become biggest importer of British pork
March 30, 2015 Category Foreign trade, Weekly
China could soon become the top importer of British pork, just four years after it opened its doors to pork imports from the UK. Though China is home to half the world’s pigs, it still imported 564,000 tons of pork – equivalent to about two-thirds of Britain’s production – and 814,000 tons of offal last year. Pork exports from the UK to China have more than doubled to 65,000 tons between 2012 and 2014, while exports to Germany – the No 1 destination for British pork for the last three years – have fallen 5%. Privately-owned Karro Food Group, one of the three UK pork producers with a permit to supply to China, plans to raise exports by 80% this year. Cranswick and Tulip are also boosting exports. China’s demand for parts of the pig that Britons refuse to eat is helping British companies earn better margins on meat and parts that were previously thrown away or used in low-margin products such as pet food, the Shanghai Daily reports.
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