Pigs: EU wants to stabilise production, while Brazil consolidates its position among the world's export leaders

Published 2024년 10월 21일

Tridge summary

The European Union (EU) is projected to maintain its pork production, consumption, and export levels in 2024 and 2025, with a slight decrease in exports. Meanwhile, Brazil is emerging as a dominant player in the global pork export market, witnessing an increase in international sales, particularly to the Philippines, due to African swine fever outbreaks. Other emerging markets like Chile, Japan, and Singapore are also becoming key destinations for Brazilian pork. Despite China's leading position as the top importer of pork and sausages in the first nine months of 2024, the Philippines has surpassed China as the largest buyer of Brazilian pork in the later quarter, indicating a shift in trade dynamics.

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

Original content

While Europe is waiting for pork production in the European Union (EU) to stabilize, Brazil is positioning itself and strengthening itself among the main exporting countries of this meat. EUROPEAN UNION. The European Commission believes that 2024 will end with a production of 20.77 million tons of pork, a total just 0.5% below that of 2023. In 2025 the drop would be even more insignificant, 0.5% compared to 2023. Given the small percentage of drop in production, the situation is considered stable. Consumption is also stable: 30.9 kg per person in 2024 and 2025. Regarding exports, 2024 is expected to close with 2.93 million tons placed abroad (2.5% less than in 2023). BRAZIL. As for Brazil, in the first nine months of 2024 they had an increase in international sales (+6.13%) measured in volume. In September alone, Brazil exported 25,600 tonnes of fresh and frozen pork to the Philippines, which is an increase of 132.7% compared to the same month in 2023. This increase is partly due ...

Source: Agromeat