Philippines' pork and chicken imports expected to rise this year

Published 2024년 7월 31일

Tridge summary

The U.S. Department of Agriculture (USDA) forecasts that the Philippines' pork imports will rise to 500,000 tons in 2024, up from a previous estimate of 445,000 tons, with a 10.6% year-on-year increase to 254,000 tons as of May. The USDA also predicts steady pig production at 1.05 million tons and a 2% increase in consumption to 1.59 million tons. Additionally, Philippine chicken imports are expected to grow to 465,000 tons, with production up by 3% to 1.54 million tons and consumption reaching 1.99 million tons.

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

Original content

According to the Philippine Business World on July 25, the U.S. Department of Agriculture (USDA) expects the Philippines' pork imports to reach 500,000 tons in 2024, higher than the earlier estimate of 445,000 tons. According to data from the Philippine Department of Agriculture's Animal Husbandry Bureau, as of the end of May this year, Philippine pork imports increased by 10.6% year-on-year to 254,000 tons. USDA expects the Philippines' pig production this year to be about 1.05 million tons, basically the same as last year, while consumption will be about 1.59 million tons, a year-on-year increase of 2%. Philippine chicken imports are ...

Source: Foodmate