Russia's pork production increased by 5% in 2022

Published 2023년 3월 2일

Tridge summary

In 2022, Russian pork production saw a 5% increase, reaching over 200 thousand tons, with the industrial segment experiencing a 6.9% growth despite a decline in household plots and peasant farms due to ASF and demographic issues. Despite this increase, pork exports remained stable, leading to higher prices due to domestic demand, which rose by 6% amid state assistance programs and a significant grain harvest. Retail prices for pork in Russia slightly decreased in the second half of the year. The National Union of Pig Breeders predicts a 14% increase in pork production in agricultural organizations by 2025, with the top 20 market players set to increase their annual production by 25%, totaling a 1 million ton increase over three years.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The total increase in pork production in 2022 amounted to 5% or more than 200 thousand tons in carcass weight, said Yury Kovalev, General Director of the National Union of Pig Breeders, at the Agro Day agro-industrial conference organized by Kommersant Publishing House. According to him, last year the sectors of household plots and peasant farms showed a drop, where a negative trend has been developing for many years, due to demographic issues and the inability to ensure biosecurity against the backdrop of ASF spreading in Russia. At the same time, the industrial segment of pig breeding grew by 6.9%. Kovalev also said that it was not possible to increase pork exports in 2022. In those countries that are already open for export, Russia occupies a dominant position and it is impossible to increase the volume of export there. Therefore, an additional volume of 200 thousand tons put pressure on domestic prices. “We feared that they would drop by 10-15%, which would incur huge risks ...
Source: AgroInvestor

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