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Latin America: Swine production and trade in 2022

The regional results are compiled from Brazil, Mexico, Argentina, Chile, and Colombia, which together account for 90% of Latin America's swine production.

28 February 2023
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  • Pork production increased by 4.2% over the previous year, from 8.4 to 8.7 million tons (Mt).
  • Imports stood at 1.7 Mt, an increase of 5.6% compared to 2021 (1.6 Mt).
  • Exports decreased by 6.1% with respect to the previous year, from 1.7 Mt to 1.6 Mt.
  • Apparent consumption reached 8.9 Mt, representing an increase of 6.5% over 2021 (8.3 Mt), while per capita consumption was estimated at 18.4 kg/inhabitant on average.

Although Chile saw decreases in all indicators, at the regional level there was an increase in production and in import volumes, which contrasted with the generalized decrease in exports. In this regard, the significant increase in apparent consumption was due to strong demand for pork throughout the year, which contributed to the growth of local production (despite the sustained increase in imports), thus achieving a higher share of imports in consumption, from 80.2% in 2021 to 80.4% in 2022.

The context in the Latin American swine industry in 2022 was comprised of high raw material prices and production costs in general. In addition, the international economic situation, which brought record levels of inflation, among other macroeconomic imbalances, contributed to price volatility and affected profitability indexes for pig farmers. However, the results obtained were very positive and industry projections for 2023 are favorable, given the greater positioning of pork in household consumption, and the expected increase in Southeast Asian imports, which would give a new boost to Latin American exports.

333 Latin America with data from the Brazilian Institute of Geography and Statistics (IBGE) and COMEX STAT - Brazil/ SIAP and GCMA - Mexico/ DANE and Porkcolombia - Colombia/ ODEPA - Chile/ MAGyP - Argentina.
https://www.ibge.gov.br/
http://comexstat.mdic.gov.br/
http://infosiap.siap.gob.mx/
https://gcma.com.mx/
https://www.dane.gov.co/
https://porkcolombia.co/
https://www.odepa.gob.cl/
https://www.magyp.gob.ar/

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