The planned restructuring of the European pig sector
Other Frozen Pork Cuts
Meat
Published Mar 14, 2023
Tridge summary
High feed and energy prices and environmental restrictions are putting pressure on pig farmers in the European Union (EU), leading to a reduction in operations. Additional factors facing production are the outbreaks of African Swine Fever in Central Europe and reduced pork demand from China. With falling sales to China, EU exporters have diversified their export destinations. However, these alternative markets, mainly Asia, cannot compensate for the reduction in sales to China. Furthermore, domestic consumption is decreasing, particularly in Germany. All these negative factors in the market, together, led to a record drop in the total hog herd and also in the breeding stock in 2022. With a lower breeding herd, the supply of pigs for slaughter will inevitably decrease this year. Less availability of animals for slaughter will also stimulate the restructuring of the sector.
Original content
In 2023, pork production is expected to decline by 0.75 million MT carcass weight equivalent (CWE) to 21.75 million MT, and pork exports are forecast to fall to the 2016-2019 level at 3.75 million MT, i.e. almost 500 thousand ...
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