The wholesale price of other frozen pork cuts (supreme) in Tepic, Mexico, averaged USD 2.69/kg in W46, a significant 47.86 YoY decline. This notable price reduction is attributed to the increased supply of pork from heightened domestic production and imports. Pork prices are expected to stay substantially below 2022 levels in 2023 and 2024. The persistent upward trend in pork imports is expected to continue, driven by strong demand from processors. Mexican pork exports are anticipated to rebound in 2024, supported by increased domestic production and an expanding share of shipments to markets.