FAO: China's pork production expected to exceed pre-PSAA volumes

Published 2022년 6월 9일

Tridge summary

The Food and Agriculture Organization of the United Nations (FAO) forecasts a global pork production growth of 2.5% in 2022, totaling 125.6 million tons, with Asia leading the expansion. However, Europe and North America are expected to see a decline. China's production is projected to grow by nearly 8% to 58 million tonnes, while Thailand and the US may experience a decrease due to African Swine Fever and high feed prices, respectively. The FAO also anticipates a 4.0% drop in global pork exports in 2022, primarily because of lower expected imports in China, Vietnam, and Chile, although this decline is balanced by increased purchases by the US and UK, among other countries. The report highlights the challenge of imported pork competing with local products in China due to the abundance of domestic supply and low prices.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to the Food Outlook report released by the Food and Agriculture Organization of the United Nations, after an 11.5% growth in 2021, global pork production is expected to grow by 2.5% in 2022, to 125 .6 million tons. Expansion is likely to be concentrated in Asia, but moderate increases are also likely in South America, Central America and the Caribbean. On the other hand, production contractions are forecast in Europe and North America. The largest volume gain is expected in China, with slight increases forecast in Vietnam, Brazil and Mexico, partially offset by substantial declines forecast in the European Union, Thailand, the US, Ukraine and Canada. According to the Organization, pork production in China is expected to expand by nearly 8 percent to 58 million tonnes, surpassing production levels before the widespread outbreaks of African Swine Fever. The report predicts that despite sporadic outbreaks, nominal production growth is likely in Vietnam, facilitated by ...

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