Global pork trade faces intense competition – Rabobank

Updated Oct 1, 2023
Competition between the main pork exporting countries has recently intensified. Meatinfo reports this with reference to data from a report from Rabobank on global trade in these products. In it, the organization's analysts named countries that will have a serious advantage over others due to relatively low production costs. These are Brazil, the USA and Canada.
As Rabobank senior analyst for animal protein Eva Gotsik noted, the Latin American country retained second place in the export of this meat for such a major importer as China. According to her, over the past year her share of deliveries there amounted to 24 percent of all volumes. Considering the large number of other markets, this is the highest figure. And it was he who allowed Brazil to cover the bulk of the old expenses. As for the other two countries, they were able to increase profits again by maintaining key sales markets and affordable feed, the expert noted. At the same time, Rabobank did not rule out that meat prices there could rise in the near future due to plans to consolidate production and a course towards sustainable development of pig farming. However, they noted that this would not particularly affect the level of their trade. Vietnam has become the leader in Southeast Asia in importing Russian pork The opposite situation, according to analysts, is expected in ...
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