Pork production, which was recorded in 2022, will fall in 2023-24

Pork production, which was recorded in 2022, will fall in 2023-24

The Union of Unions echoes a report from the Department of Agriculture of the United States that highlights that the pork sector in Spain expects a low trend in the production of pork and meat of this animal in 2023 and 2024 to a something less than five million tons and less than 55 million head killed. . These reductions are mainly due to a low level of exports to non-European markets (mainly China), continued high production costs and the imposition of new regulations from the European Union.

In 2022, Spain continues to be the main producer and exporter of pork in the world, according to the Unión de Uniones: 2.7 million tons equivalent to the weight of the carcass, at a cost of 7,000 million dollars. However, in 2022 exports fell by 4.4% compared to 2021, due to the decrease in demand in China and despite the development of other Asian markets such as Japan, South Korea, the Philippines and Taiwan, which recovered the 50% off. Other important destinations are Malaysia, New Zealand, Chile, Mexico, Cuba, United Kingdom, USA and Canada.

Read Also:  Florida submarine with 154 Tomahawks and a deterrence message sent to the US

In the local market, due to the lack of pork meat in the EU, the exports of the community grew by half of the total exports. The industry expects that non-EU exports will continue to decrease in volume due to reduced Chinese demand and higher meat prices, while EU exports will remain: in the first half of 2023, exports increased in the amount of 13.5% due to the higher price of pork, which compensates for the 9% reduction in volume.

Regarding non-EU imports, despite the fact that they represent less than 2% of the total, the report highlights the growth of Chile.

Read Also:  EU funds are interested in saving Altos Hornos: AMLO


Please enter your comment!
Please enter your name here