Netherlands: Dutch pig farming, better prospects due to tighter supply in Europe

Published Feb 3, 2023

Tridge summary

The pork production in the 27 EU countries and the UK is projected to decline by 3-4% in 2023, following a 5.1% decrease in 2022. This contraction is due to reduced production in major countries like Germany, Poland, Denmark, Spain, and France. Despite a 2% increase in 2022, the UK's production is also expected to decline due to a shrinkage in the sow herd. This has led to a decrease in the self-sufficiency rate and increased export dependence. Pork exports from the region fell by 18% in the first ten months of 2022, with a significant drop in exports to China. The future of Spain's leading position in Chinese imports is uncertain as Brazil is growing as a potential larger supplier. Europe's pork market is facing high input costs, which are putting pressure on margins, although prices are expected to rebound in the second quarter of 2023.

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

Original content

Sufficient earning capacity of a company and a good income for entrepreneurs are an important basis for continuity and for making sustainability or transition affordable. The margins of pig farming were under pressure in both 2021 and 2022. The sector is now opportunistic about market expectations for the coming year. Is that right or wishful thinking? Read more figures and developments in this update. Self-sufficiency rates falling in the 27 EU countries and the UK The contraction in pork production in the 27 EU countries and the UK will continue in 2023, with an expected decline of 3 to 4% year-on-year. In the period January-October 2022, production in the 27 EU countries and the UK fell by 5.1% year on year. This was due to a drop in production in Germany by 10%, in Poland by 9%, in Denmark by 5%, in Spain by 2%, in France by 2% and in the Netherlands by 0.5%. It is remarkable that in the same period pork production in the UK increased by 2%, mainly due to heavier carcass ...

Source: NLvarkens