USMEF: Broad-based growth has pork exports poised to set annual records in the US

Published 2024년 11월 11일

Tridge summary

September pork exports rose by 8% to 238,047 metric tons and increased by 6% in value to $685.1 million compared to the same period last year. The first nine months of the year saw a 5% increase in volume and a 7% increase in value compared to the previous year, totaling 2.23 million metric tons and $6.36 billion respectively. This growth was led by small and medium-sized markets in Central America, Southeast Asia, and Oceania. Exports to Mexico were also strong, reaching a record volume and value. Central American markets like Honduras, Guatemala, Costa Rica, El Salvador, Panama, and Nicaragua saw a 36% increase in pork exports, while the ASEAN region experienced an 83% increase due to African swine fever impacting local production.

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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. "U.S. pork’s September performance was especially encouraging because growth was mainly driven by small and medium-sized markets in Central America, Southeast Asia and Oceania, and pork exports to Colombia continue to reach new heights,” said USMEF President and CEO Dan Halstrom. “It was certainly another robust month for pork exports to Mexico and shipments to Japan were above last year. But the broad-based growth reflects the U.S. industry’s strong commitment to market diversification". 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 ...

Source: EuroMeat