China: Poultry and Products Semi-Annual

China’s poultry production is forecast to grow at a slower pace in 2021 as high feed prices, low poultry meat prices, and swine herd rebuilding affect the sector. Poultry producers anticipate expanding partially cooked and fully cooked production lines to meet demand for processed chicken in more cities across China for quick service restaurants and convenience food outlets. Consumption will be driven by increased purchases through ecommerce platforms and be accompanied by a decline in fresh meat sales as live bird markets close in 1st and 2nd tier cities. Imports are forecast to decline from high volumes in 2020 but remain above prior year levels, such that U.S.-origin poultry will compete with Brazilian imports.

China: Poultry and Products Semi-Annual