Global pork production could fall in 2025

Published 2024년 10월 7일

Tridge summary

In 2024, a reduction in sow numbers will lead to fewer piglets and impact pork production, which is expected to recover in the latter half of 2025 as sow numbers increase. However, pork consumption in 2025 is projected to decline due to a shift in dietary preferences towards other proteins like beef, poultry, and seafood. Although total meat consumption in China has increased by 20% over 14 years, pork's share has decreased and will continue to do so. Pork imports are expected to remain stable, with a preference for fresh pork influenced by pricing, while exports are anticipated to rise slightly, driven by demand in markets such as Hong Kong and Japan, with Hong Kong's demand supported by live pig supplies due to favorable profit margins.

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

Original content

Lower sow numbers in 2024 will result in fewer piglets raised for meat. Pork production in the second half of 2025 is expected to be higher than in the first half of 2025, as sow numbers recover by the end of 2024. This increase in production comes from the response of pig farmers and large companies to recent increases in pork prices. Pork consumption in 2025 will decline mainly due to dietary changes, with pork remaining the main meat consumed, but consumers shifting more to other animal protein sources, such as beef, poultry and seafood, many of which are considered healthier. Over the past 14 years, total meat consumption in China has increased by nearly 20% due to changes in population size, availability of proteins, increased purchasing power, improved cold chain supply, and changing consumer preferences including some changes in meat consumption behavior. However, the share of pork in China's meat consumption has declined, and this trend is expected to continue through ...

Source: Vinanet