China is currently undergoing a ‘second industrial revolution’ with the country’s growing demand for meat offering huge opportunities for Western suppliers, said a Tulip director at Eblex’s annual conference.
Despite the political turmoil that has rocked the country and a lull in trade relations over livestock exports, Australia is keen to boost exports to Egypt, according to market watchers.
Meat consumption will never reach previous levels, Tassos Haniotis, director of economic analysis at the European Commission’s directorate general for agriculture said on Tuesday.
The German Meat Association (VDF) has denied statistics published last week by the Federal Statistical Office of Germany (Destatis), saying the 17.8% drop in demand for meat in the past 20 years is inaccurate.