Spain: Swine outlook for 2025, inventories, consumption, and trade

Published Sep 25, 2024

Tridge summary

The article forecasts the Chinese pork market for 2024 to 2025, projecting a decrease in pork production due to reduced sow inventories in 2024, although a rebound is expected by the end of the year in response to higher pig prices. The growth in pork production is attributed to effective management of African Swine Fever, with larger swine producers playing a key role. However, pork consumption is expected to drop in 2025 because of dietary shifts towards other animal proteins. Despite this, pork imports are predicted to remain stable, with China's main suppliers being Spain, Brazil, Denmark, the Netherlands, Canada, and the United States. Exports of pork are also anticipated to see a slight growth in 2025, driven by demand in mature markets like Hong Kong and Japan.

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

Original content

Lower sow inventories in 2024 will lead to a decline in the number of piglets that will grow into hogs for consumption. In addition, pork production in the second half of 2025 is expected to be higher than in the first half of 2025, as the sow inventory will recover by the end of 2024. This increase in production is due to the reaction of pig producers and large companies to recent increases in pig prices. Producers have developed techniques to manage and control African Swine Fever. According to USDA sources, despite sporadic outbreaks of ASF, the effect on swine production has been limited. In addition, the proportion of production in the hands of large swine producers is increasing, and these companies are better prepared for ASF. Lower pork consumption in 2025 is expected mainly due to changes in diets. Pork remains a staple meat, but consumers are increasingly exposed to other animal protein sources, such as beef, poultry, and seafood, many of which are perceived to be ...

Source: Pig 333