Overview of the pork market in Brazil and in the world, main trends in the sector

According to the USDA (2022) in 2023, world pork production will increase by around 1% to 111 million tons, as Chinese production is recovering from the impacts of African Swine Fever (ASF), and is expected to grow by 2% . But there are still concerns about the impact of high feed costs on pig production. Other producing countries such as the United States, Mexico and Brazil are signaling an expansion in production, and are taking advantage of the reduced production capacity of other producers such as the European Union and the United Kingdom. Pig farming has shown high levels of productivity because the producer is investing in technology, genetics, management and infrastructure, contributing to a better management of the production chain. Producers in European Union countries suffer from rising feed prices, high energy costs and environmental issues. UK pig farmers are suffering from the impact of rising feed prices and reduced pork demand. In ...