Australia expects record pork production in 2021 and 2022

Australia's pork production in 2022 is expected to remain stable at 440,000 t (tec), the same record number now estimated for 2021 production. winter will prevent any significant increase in domestic feed prices. Pork consumption in 2021 was revised slightly down to 590,000 t (tec), but still remains slightly higher than in 2020. Consumption is important and has shown a clear upward trend over the last 20 years, with a growth of almost 70%. Pork consumption is expected to remain stable in 2022, close to peak levels, mainly due to stable production and trade forecasts. Australian pork imports are expected to remain stable at ​​190,000 t (tec) in 2022, based on a downward revised estimate for 2021. Data for 2021 and 2022 would be the lowest since 2013. This decline in imports was driven by by the increase in the domestic production market and increase in pork import prices. Pork exports in 2022 are expected to remain stable ​​at 40,000 t (tec), based on a revised upward estimate for ...