IEG Vu is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. Please do not redistribute without permission.

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

Brazilian prices allow the US to regain Chinese market share

The latest report from the USDA says that after very sharp falls in the last two years, US exports of chicken feet to China are booming again. According to the USDA report, three years ago (2009), the US exported 377,805 tons of chicken feet to China, a volume which fell by more than 85% the next year, to just 48,219 tons. The fall, however, did not stop there, because in 2011 Chinese imports of US chicken feet from the USA fell to 30,000 tons.

The explanation for the sharp decline in Chinese imports lies in anti-dumping and countervailing measures adopted against the US by the Chinese government in 2010. So, US poultry meat had taxes and costs imposed on it that increased the prices of the product by more than 100% and which made imports from the US plummet.

According to the USDA, after China implemented the anti-dumping and countervailing measures against USA poultry meat in 2010, the unit price in exporting countries in South America increased significantly the following year. In Brazil, for example, the price increase was nearly 25%. This - according to the USDA - ended up making US prices competitive again today it has resulted in some Chinese importers opting for the US product. Even though they have to bear the additional anti-dumping and countervailing measures measure costs, these purchases remain more competitive.

Information provided by Avisite

Advertisement

Topics

What to read next

Advertisement
UsernamePublicRestriction

Register

CO193733

Ask The Analyst

Please fill in the form below to send over your enquiry or check the Ask The Analyst Page to find out more about the service

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel