The European and Polish pork markets

Published 2024년 10월 16일

Tridge summary

The European Commission forecasts a recovery in the EU pork market in late 2024, despite a slight decline in the swine population. An increase in breeding sows and piglets suggests potential growth in slaughter volumes, although overall pork production is expected to decrease slightly with stable consumption. Poland's pork exports improved in early 2024, driven by sales to EU countries, while its swine population and slaughter volumes grew. However, since 2008, Poland's pork imports, mainly from the EU, have exceeded exports, rising by 5% in early 2024. Meanwhile, pig procurement prices in Poland and the EU have been increasing since February 2024, though Polish prices remain lower than mid-2023 levels. In May 2024, the average price for slaughter pigs in Poland was 7.68 zlotys/kg, slightly higher than the previous month but lower than May 2023, with prices showing a moderate increase in early June before declining later in the month.

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

Original content

European market The European Commission predicts a revival of the pork market in the European Union in the second half of 2024. Although a December 2023 survey showed a slight decrease (0.6%) in the overall swine population to 133.6 million head, the number of breeding sows increased by 1.6% to 10.6 million head (an increase of 170,000 head), signaling a potential recovery in the swine population after three years of significant declines. The number of piglets also increased by 2.9% to 40.7 million, which is likely to be reflected in an increase in slaughter volumes in the second half of 2024. According to Eurostat data, pig slaughter in the EU in the first quarter of 2024 exceeded 5.4 million tons and was slightly higher than the previous year. If the ASF situation does not change radically, the European Commission's short-term forecast published in May 2024 predicts that pork production in the EU in 2024 will decline slightly to 20.7 million tons. At the same time, pork ...

Source: Agroberichtenbuitenland