U.S. Meat Export Federation President and CEO Dan Halstrom just completed a market visit to Hong Kong for the first time since COVID-19 restrictions were lifted. He reports that Hong Kong’s foodservice sector, which was decimated by limitations on restaurant hours and traffic, as well as travel and tourism restrictions, is achieving a gradual recovery but still has much room for further improvement. Halstrom notes that U.S. beef exports to Hong Kong increased in 2023 and will exceed $400 million when year-end data is available.
On the pork side, Hong Kong’s local industry is very concerned about a series of recent African swine fever outbreaks. These incidents have resulted in significant culling of pigs over the past two months and could heighten the need for imported pork.
Audio Player
Comments