China: Poultry and Products Semi-Annual
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Post’s 2024 forecast for China’s chicken meat production and consumption are modestly down from 2023. Production and consumption are both forecast lower year to year while trade volumes are flat for imports and exports, in comparison to official 2023 data. The decline in white broiler production is partially a result of price pressure on the sector being carried over from 2023 and Highly Pathogenic Avian Influenza (HPAI)-related import bans the People’s Republic of China (PRC) placed on avian genetics and related materials. The decline in yellow broiler production is due to continued live poultry market closures. Post lowered the 2024 chicken meat import forecast to 770 thousand MT based on market and broader, economic conditions.