High prices and tariff talks reshape Vietnam’s pork market
According to the official report of the Vietnam Statistics Bureau, the total pig herd has grown by 3.6% over the last year. Farms have been able to control the effects of the pandemic, and thanks to some state policies, they...
Vietnam: Imports are increasing to meet short-term demand
For the domestic market, predictions for 2025 are optimistic. According to USDA's annual meat production and consumption report [1], Vietnam is forecast to increase its pork production by 3% over 2024, reaching 3.8 million tons. This is largely because African...
Vietnam ranks 10th in global pork consumption and holidays approach
Vietnam's pork meat market is evolving fast. In April 2024 the country ranked tenth in world consumption, [1] and for 2029, the per capita consumption is forecasted to reach about 32 kilos per person. On the imports side, and as...
Pork consumption is boosting in The Philippines
Pork production and imports are expected to rise (and are already doing so) as it usually happens for this last period of the year. The truth is that retail is maintaining its price level despite the higher demand and the...
China regulates its supply to stay profitable
China’s pork production dropped by 0.8% in this third quarter compared to last year. With consumption patterns changing, and being difficult to predict, this decline is not new and has been the trend throughout these months. The Government is implementing...
The Philippines still struggles with ASF and competition for imported pork...
The Filipino pork industry is trying to figure out how to fight ASF and reduce its imports dependence. Lately, the Department of Agriculture has revised its pig recovery program, which they have now called Modified Integrated National Swine Production Initiatives...
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...
