Chinese prices are expected to increase, and consumption is rising
According to USDA data, it's estimated that China's pork production in 2024 will decrease by 1%. This is caused by decreased prices that has created a tough situation for Chinese pig farmers. The current average price dropped to 14.5 RMB/Kg...
Vietnam is recovering and prices are steadily growing
Vietnam’s pork consumption is swiftly rebounding from the African Swine Fever (ASF) crisis and is projected to sustain its growth trajectory. The surge in pork demand within the country can be attributed to several domestic factors: economic expansion, a growing…
Fears of shortages may boost pork imports in The Philippines
According to most recent analysis[1], the swine industry in the Philippines during the third quarter of 2023 has shown a mix of challenges and opportunities. The industry continues to grapple with the aftermath of the African Swine Fever affecting production...
Price Hike in EU Pork Origin Leads to Reduced Demand into the Philippines
The price of EU pork exports to the Philippines experienced an increase in the first four months of 28% for the swine meat and 35% for offal. As a result, the volume exported to the Philippines decreased 49% and 29%...
