Chinese pork production soars to eight-year high

Published 2023년 1월 17일

Tridge summary

Chinese pork production experienced a 4.6% increase in 2022, reaching its highest level in eight years at 55.41 million tonnes. This recovery comes after the setbacks caused by the African swine fever, with the sector seeing a quarterly rise in production despite COVID-related challenges. The rise in output is attributed to heavier pigs and a price surge, although demand has been subdued due to the pandemic. Despite challenges, pork production has seen consistent quarterly growth for the past two years. Additionally, China's beef, poultry, and lamb production also saw slight increases in 2022.

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

Original content

Chinese pork output rose by 4.6% in 2022 to reach its highest level in eight years, official Government data shows. China produced 55.41 million tonnes of pork last year, compared with 52.96mt in 2021 and the highest figure since the 56.71mt recorded in 2014, signifying that the Chinese pork sector is well and truly back on track after the disruption caused by its huge African swine outbreak. Output was boosted by fourth-quarter production of 13.91mt, up nearly 1% on Q4 2021, despite a shortage of slaughterhouse labour due to COVID outbreaks, according to Reuters calculations of the data from the National Bureau of Statistics. Reuters reported that farmers have been raising heavier pigs, hoping to benefit from an anticipated recovery in demand and prices, which could have been a factor in the increased output. This was encouraged by a rally in prices over the summer. Although it has come down, the average liveweight was still on the high side at about 124.5kg last week and that ...

Source: PigWorld