EU pig production to fall over the next 5 years

Published Mar 2, 2021

Tridge summary

The French Pork Institute (IFIP) forecasts a 3% decrease in the EU's pork production over the next five years, with record production in 2020 at 24.2 million carcass weight equivalent. Despite this decline, Spain and Romania are expected to invest in the sector. However, Germany, the Netherlands, Denmark, and Belgium are estimated to produce 11% less by 2025 due to animal welfare and environmental regulations, social pressure, and a lack of generational succession. The UK, as a third country post-Brexit, may rely more on other pork suppliers, and China's pork production is expected to recover by 2025.

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

Original content

Over the next 5 years, EU pork production is expected to drop by 3%, according to the latest forecast from the French Pork Institute (IFIP). The report mentioned that pig production in the EU-28 reached a record level in 2020 with 24.2 million CWE (carcass weight equivalent), an increase of 1% compared to 2019. Nevertheless, Jan Peter van Ferneij, IFIP economist, predicts a decline in pig production for the next 5 years.Pig production in EU-27 is to drop 3% by 2025, says the IFP economist, although heavier carcasses will compensate in terms of meat output. "In 2025, European supply will be almost 750,000 CWE lower than in 2020", forecast Jan Peter van Ferneij.In his opinion, two of the member states, Spain and Romania, will continue to invest in the sector. Last year, Spain reported a production of 5 million tonnes, which means that the country produces twice what it consumes; the rest is exported. Since 2019, Spain has been the main exporting country to third countries and is ...

Source: EuroMeat