Vietnam increases frozen pork imports

Published 2025년 3월 9일

Tridge summary

In January, Vietnam experienced a significant surge in agricultural imports, with a 45% share coming from pork imports primarily from Russia, at an average price of 2,672 USD/ton, a 20.8% increase year-on-year. The total import value of meat and meat products reached nearly 157 million USD, marking an 8.2% increase in volume and a 13.4% increase in value compared to the previous month. This surge is largely due to the significant rise in domestic pig prices, which have been influenced by a decrease in re-herded pigs and the African swine fever epidemic. As a result, local pig prices have defied the usual post-Tet decrease, with an increase expected to persist due to the limited supply. To counterbalance these price hikes and stabilize the market, a decision has been made to increase the price of pork by 5,000-13,000 VND/kg, amounting to an average adjustment of 8,000 VND/kg.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to the customs authority, in the first month of this year, Vietnam imported pork from 13 markets, of which Russia was the largest supplier, accounting for nearly 45% of total imports. The average price of frozen products imported to Vietnam was 2,672 USD/ton, up 20.8% over the same period last year. Frozen pork is the imported product with the strongest growth in the meat and meat products group. By the end of January, Vietnam imported 74,450 tons of meat and meat products, worth nearly 157 million USD, up 8.2% in volume and 13.4% in value compared to the previous month. The main imported products include meat and edible by-products after slaughter of frozen poultry, fresh frozen buffalo meat, and frozen by-products from pigs, buffaloes, and cows. Imports increased sharply due to the continuous increase in domestic pig prices. In February, the price of this product fluctuated from 72,000-80,000 VND/kg, an increase of 6,000-10,000 VND/kg compared to the previous ...
Source: Agriculture

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