U.S. pork exports on pace for annual record

Published 2024년 11월 11일

Tridge summary

September pork exports rose by 8% to 238,047 metric tons and valued at 6% higher at $685.1 million compared to the same period last year. From January to September, pork exports increased by 5% to 2.23 million metric tons, with a 7% increase in value to $6.36 billion. Exports to Mexico were up by 3% in volume but slightly down in value, while Central America saw a 36% surge in exports. The ASEAN region experienced 83% growth in imports due to African swine fever, with the U.S. gaining market share from European suppliers. Despite this, exports to China/Hong Kong more than doubling in September, overall exports to China/Hong Kong for the first nine months of the year were down by 11% in volume and 17% in value.

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

Original content

September pork exports totaled 238,047 metric tons (mt), up 8% from a year ago, while value increased 6% to $685.1 million. Through the first three quarters of the year, pork exports were 5% above last year’s pace at 2.23 million mt, with value up 7% to $6.36 billion. September pork exports to leading market Mexico totaled 91,492 mt, up 3% from a year ago, though value edged slightly lower to $206.6 million. Exports to Mexico remained on a record pace through September, climbing 7% in volume (850,204 mt) and 12% in value ($1.89 billion). Led by outstanding growth in Honduras, Guatemala, Costa Rica, El Salvador, Panama, and Nicaragua, September pork exports to Central America soared 36% above last year to 12,895 mt, valued at $41.9 million (up 42%). Exports to the region are also on a record pace in 2024, with shipments through September climbing 23% to 109,634 mt, with value up 33% to $344 million. Robust growth in the Philippines, Malaysia, and Singapore pushed September pork ...

Source: Pig 333