Vietnam: record retail prices for domestic pork and import and imports keep...
In Vietnam, pork prices are hitting a 4-year high. Three key factors can explain this: Feed prices have increased a 9.6% since a year ago, so re-herding of pig population isn’t happening as same speed as the domestic demand of pork....
Chinese pork market is recovering with higher prices for both local and...
The pork market has been in recovery mode in the last few months driven by less supply and stable demand that led to increasing prices. Aside from a slight decline at the end of August, the price trend has been...
Imports are still needed to stabilize the market in The Philippines
Despite the effort of the Philippines authorities to rebuild its hog industry after the ASF disease that started in 2019, the long domestic supply chain is increasing both farmgate and retail prices for pork cuts. Consequently, imports are stable and...
Vietnamese domestic industry is growing but demand is growing faster
Pork demand and consumption are increasing in Vietnam, and it’s expected to be sustained. According to the US Department of Agriculture, pork consumption in Vietnam will go up by 28.3% in 2030 compared to 2023. It is one of the...
