RESEARCH BY DAXUE CONSULTING
CHINA CLOSED ITS BEEF MARKET TO AMERICAN PRODUCERS SINCE 2003, SINCE A CASE OF “MAD COW DISEASE”, OR BOVINE SPONGIFORM ENCEPHALOPATHY, WAS DETECTED.
WE EXPECT SOON TO SEE THE CHINESE MINISTRY OF AGRICULTURE ACCEPTING AMERICAN BEEF.
0.0
0.5
1.0
1.5
2.0
2.5
3.0
$0.015 BILLION
$2.3 BILLION
$2.8 BILLION
UNIT: BILLION USD
2003 2015 2016
UNIT: 1 KG OF BEEF
CHINA’S ANNUAL PER-CAPITA CONSUMPTION OF BEEF IN CHINA CURRENTLY IS AROUND 3.9KG COMPARED TO MUCH HIGHER RATES IN MANY NATIONS.
CHINA 3.9KG
USA25KG
BRAZIL27.4KG
AUSTRALIA23KG
CANADA19KG
56% OF BRAZIL PRODUCTION
CHINESE CONSUMPTION WILL REACH 5.34 BILLION KG IN 2016. THIS IS EQUAL TO :
IF CHINA REACHES 10 KG PER PERSON (STILL AT LEAST 2 TIMES LESS THAN MOSTDEVELOPED COUNTRIES) THEN CHINESE CONSUMPTION WILL SURPASS THE COMBINEDTOTAL PRODUCTION FOR THESE 3 COUNTRIES
BRAZIL IS THE WORLD’S LARGEST EXPORTER OF BEEF
243% OF AUSTRALIAN PRODUCTION 445% OF CANADIAN PRODUCTION