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    Home > Active Ingredient News > Feed Industry News > From January 1, 2022, the import tariff on pork will be increased from 8% to 12%.

    From January 1, 2022, the import tariff on pork will be increased from 8% to 12%.

    • Last Update: 2021-12-31
    • Source: Internet
    • Author: User
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    Imported pork tariff adjustment in 2022x9V China Feed Industry Information Network-Based on feed, serving animal husbandry

    The Ministry of Finance website reported on December 15 that the "Notice on the 2022 Tariff Adjustment Program" issued by the Tariff Commission of the State Council stated that starting from January 1, 2022, according to domestic industrial development and changes in supply and demand, China will join the World Trade Organization.
    Within the scope of the commitment, increase import and export tariffs on some commodities
    .


    Among them, the temporary import tariff rate for pork, etc.


    In 2020, due to domestic pork shortages, the tariff on imported pork will be adjusted from 12% to 8%
    .


    Since then, pork imports have been at a high level, setting a historical record, which lasted until the first half of this year


    Zhu Zengyong, a researcher at the Chinese Academy of Agricultural Sciences, said that timely adjustment of tax rates is conducive to rational use of the international market to ensure domestic pork supply and stabilize pig prices
    .


    x9V China Feed Industry Information Network-Based on feed, serving animal husbandry

    Joel Haggard, senior vice president of the American Meat Export Federation Asia Pacific, said: “Any increase in the tax rate will create greater challenges for pork exporters
    .


    ”x9V China Feed Industry Information Network-Based on feed, serving animal husbandry

    According to customs data, the volume of imported pork in 2020 will reach 4.
    39 million tons, accounting for about 55% of the total volume of imported meat, which is the most imported year in recent years
    .


    In 2021, with the increase in domestic pig supply, the demand for imported pork will gradually decrease.


    The goal of hog production recovery was completed half a year ahead of schedulex9V China Feed Industry Information Network-Based on feed, serving animal husbandry

      The adjustment of the import tax rate is directly related to the recovery of China's pig production capacity
    .


    Monitoring data from the Ministry of Agriculture and Rural Affairs showed that in the last week of 2020, the national average price of live pigs was 34.


      The main reason for the price drop is the increase in domestic production and supply
    .


    At the end of 2019, the Ministry of Agriculture and Rural Affairs formulated the "Three-year Action Plan for Accelerating the Recovery and Development of Live Pig Production", which determined that the production goal for 2021 is to return to normal


      According to data from the Ministry of Agriculture and Rural Affairs, at the end of October there were 43.
    48 million reproductive sows, an increase of 6.
    6% year-on-year; the national pork production in the first three quarters was 39.
    17 million tons, an increase of 38% year-on-year; The volume was 209.
    4 million heads, an increase of 66.
    6% year-on-year
    .


    x9V China Feed Industry Information Network-Based on feed, serving animal husbandry

       Imported pork tariff adjustment in 2022x9V China Feed Industry Information Network-Based on feed, serving animal husbandry

     Imported pork tariff adjustment in 2022

      The Ministry of Finance website reported on December 15 that the "Notice on the 2022 Tariff Adjustment Program" issued by the Tariff Commission of the State Council stated that starting from January 1, 2022, according to domestic industrial development and changes in supply and demand, China will join the World Trade Organization.
    Within the scope of the commitment, increase import and export tariffs on some commodities
    .


    Among them, the temporary import tariff rate for pork, etc.


      In 2020, due to domestic pork shortages, the tariff on imported pork will be adjusted from 12% to 8%
    .


    Since then, pork imports have been at a high level, setting a historical record, which lasted until the first half of this year
    .
    In recent months, due to the drop in pig prices, pork imports have also dropped significantly
    .
    Increasing tariff rates will further reduce pork imports
    .
    x9V China Feed Industry Information Network-Based on feed, serving animal husbandry

      Zhu Zengyong, a researcher at the Chinese Academy of Agricultural Sciences, said that timely adjustment of tax rates is conducive to rational use of the international market to ensure domestic pork supply and stabilize pig prices
    .
    x9V China Feed Industry Information Network-Based on feed, serving animal husbandry

      Joel Haggard, senior vice president of the American Meat Export Federation Asia Pacific, said: “Any increase in the tax rate will create greater challenges for pork exporters
    .
    ”x9V China Feed Industry Information Network-Based on feed, serving animal husbandry

      According to customs data, the volume of imported pork in 2020 will reach 4.
    39 million tons, accounting for about 55% of the total volume of imported meat, which is the most imported year in recent years
    .
    In 2021, with the increase in domestic pig supply, the demand for imported pork will gradually decrease.
    In September and October, the monthly import volume was only about 200,000 tons.
    It is expected that the import volume will continue to decrease in 2022
    .
    x9V China Feed Industry Information Network-Based on feed, serving animal husbandry

      The goal of hog production recovery was completed half a year ahead of schedulex9V China Feed Industry Information Network-Based on feed, serving animal husbandry

     The goal of hog production recovery was completed half a year ahead of schedule

      The adjustment of the import tax rate is directly related to the recovery of China's pig production capacity
    .
    Monitoring data from the Ministry of Agriculture and Rural Affairs showed that in the last week of 2020, the national average price of live pigs was 34.
    80 yuan/kg, and the national average price of pork was 51.
    65 yuan/kg
    .
    As of the first week of December 2021, the national average price of live pigs was 18.
    33 yuan/kg, a year-on-year decrease of 38.
    3%; the national average pork price was 28.
    91 yuan/kg, a year-on-year decrease of 36.
    9%
    .
    x9V China Feed Industry Information Network-Based on feed, serving animal husbandry

      The main reason for the price drop is the increase in domestic production and supply
    .
    At the end of 2019, the Ministry of Agriculture and Rural Affairs formulated the "Three-year Action Plan for Accelerating the Recovery and Development of Live Pig Production", which determined that the production goal for 2021 is to return to normal
    .
    By the second quarter of this year, the production capacity of live pigs had been fully recovered, and the target was completed half a year ahead of schedule
    .
    x9V China Feed Industry Information Network-Based on feed, serving animal husbandry

      According to data from the Ministry of Agriculture and Rural Affairs, at the end of October there were 43.
    48 million reproductive sows, an increase of 6.
    6% year-on-year; the national pork production in the first three quarters was 39.
    17 million tons, an increase of 38% year-on-year; The volume was 209.
    4 million heads, an increase of 66.
    6% year-on-year
    .
    x9V China Feed Industry Information Network-Based on feed, serving animal husbandry

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