USA: Pork variety meat exports' record performance boosts per-head value

Published 2023년 3월 8일

Tridge summary

In 2022, U.S. pork variety meat exports reached a record high of $1.27 billion, an increase of 3% from the previous year. The export volume was the second largest on record at over 530,000 metric tons. China was the primary market for these exports, and the U.S.-China Phase One Economic and Trade Agreement simplified the process for U.S. plants to export to China. Despite challenges such as tariffs and COVID controls, U.S. pork variety meat exports to China set annual records for both volume and value in the second half of 2022. Additionally, exports also grew in countries like the Philippines, Japan, Korea, Guatemala, Colombia, and the Dominican Republic.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Exports of U.S. pork variety meats topped $1.27 billion in 2022, up 3% year-over-year and setting an annual value record, according to USDA data compiled by the U.S. Meat Export Federation. Export value equated to $10.15 per head slaughtered, also an annual record. Export volume was the second largest on record at more than 530,000 metric tons, trailing only 2017. On a per-head basis, variety meat exports averaged 9.3 pounds for every hog slaughtered in the United States. "Pork variety meats play a key role in maximizing the value of every animal, and expanding exports of these products is critical because there is little domestic demand," said Dan Halstrom, USMEF president and CEO. "In this respect, the 2022 results were very encouraging, as exports not only trended higher globally, but achieved growth in some markets where muscle cut shipments were lower." USDA data compiled by USMEF Halstrom explained that there was a downturn in variety meat export shipments in 2018, due in ...

Source: NationalHogFarmer