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    Home > Food News > Food Articles > Russian Agricultural Export Development Center: China leads the trend of the global food market

    Russian Agricultural Export Development Center: China leads the trend of the global food market

    • Last Update: 2021-08-26
    • Source: Internet
    • Author: User
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    Russian satellite news agency Moscow, August 12 (Xinhua) Russian Federation Ministry of Agriculture, agricultural exports Development Center for Dmitri ∙ Krasnov at the conference on agricultural exports to China on said China 's stock market has a decisive influence on the world market , And this situation will continue in the next few years
    .
     
    He said: "China is not only the most populous country in the world, but also a country with fast income growth
    .
    Between 2016 and 2020, China's per capita disposable income has increased by 30%
    .
    Income growth has led to changes in the consumption structure and the proportion of meat in the diet.
    Increased demand for sweets and dairy products
    .
    China’s middle class has to a large extent started to refer to European consumption patterns, including dietary consumption
    .
    "
     
    Krasnov added: "China is facing the need to increase food imports, with total imports increasing by 59%
    in the past five years.
    At the same time, China's agricultural exports have stagnated in the past five years, which has led to China's increasing dependence on imported food
    .
    The food trade deficit in 2016 was about 31 billion U.
    S.
    dollars, and by 2020 it is already 88 billion U.
    S.
    dollars
    .
    "
     
      Krasnov pointed out: “From 2019 to 2020, China’s procurement of meat from Australia has increased significantly due to the African swine fever epidemic.
    This year, with the recovery of the number of live pigs in China, we have seen a sharp increase in demand for soybeans and corn, leading to global cereals.
    And the price increase of oilseeds
    .
    It can be said that the conditions of the Chinese market determine the progress of the world food market.
    This is a new situation, and this situation is likely to continue in the future
    .
    "

    Export of agricultural products from the Ministry of Agriculture ∙ ∙ China
     
      He said: "China is not only the most populous country in the world, but also a country with fast income growth
    .
    Between 2016 and 2020, China's per capita disposable income has increased by 30%
    .
    Income growth has led to changes in the consumption structure and the proportion of meat in the diet.
    Increased demand for sweets and dairy products
    .
    China’s middle class has to a large extent started to refer to European consumption patterns, including dietary consumption
    .
    "
     
      Krasnov added: "China is facing the need to increase food imports, with total imports increasing by 59%
    in the past five years.
    At the same time, China's agricultural exports have stagnated in the past five years, which has led to China's increasing dependence on imported food
    .
    The food trade deficit in 2016 was about 31 billion U.
    S.
    dollars, and by 2020 it is already 88 billion U.
    S.
    dollars
    .
    "
    food
     
      Krasnov pointed out: “From 2019 to 2020, China’s procurement of meat from Australia has increased significantly due to the African swine fever epidemic.
    This year, with the recovery of the number of live pigs in China, we have seen a sharp increase in demand for soybeans and corn, leading to global cereals.
    And the price increase of oilseeds
    .
    It can be said that the conditions of the Chinese market determine the progress of the world food market.
    This is a new situation, and this situation is likely to continue in the future
    .
    "
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