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Slow and steady growth for Mexico in consumption and production of pork

Mexico continues to increase production to meet consumer's growing demand for pork. Exports for 2020 are forecast at a record high.

17 February 2020
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In marketing year (MY) 2020, the forecast for swine production in Mexico is 20.3 million head, driven by increasing consumer demand for pork.

SADER reports a 6.5-percent increase in pork production through October 2019, compared to the same period in 2018. This phenomenon may be attributed to different factors, such as vertical integration of farms and the recognition of zoo-sanitary status for some production states. In MY 2020, pork production is forecast at 1.47 million MT, with high consumer demand driving increased production. Consumption is forecast at 2.2 million MT.

During January–November 2019, hog slaughter in TIF establishments, saw a 10.5-percent increase compared to the same period in 2018.

The animal feed industry reports that the pork industry used 16 percent of the 35.7 million MT of feed produced in 2019 and will consume a similar share of feed produced in 2020.

In MY 2020, the forecast for imports of live swine is 41,000 head, with 72% coming from the US and 28% from Canada. Mexican exports of live swine continue to be insignificant.

In MY 2020, the forecast for pork imports is 1 million MT. Although Mexico is highly dependent on imports in order to satisfy its demand, imports have been sluggish due to the uncertainty in the country’s current macroeconomic developments.

In MY 2020, pork exports are forecast at a record 250,000 MT, as Mexico looks to expand its exports into Asian markets.

February 4, 2020/ USDA/ USA.
https://apps.fas.usda.gov/

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