The Philippines has imported 22% more pork this year
So far this year, the Philippines has imported 545,214 tonnes of pork and pork products.
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So far this year, the Philippines has imported 545,214 tonnes of pork and pork products.
The decrease in the number of breeding sows was particularly severe.
In 2021, pork exports increased 66% in value and 54.4% in volume compared to 2017.
In the last few weeks there has been a significant decrease in the import of both piglets and pigs from the Netherlands.
Official closing data for Brazil, Mexico, Chile, Colombia, and Argentina show a general increase in apparent consumption and a fall in exports.
Pig slaughter and pork production continue to increase despite the drop in exports. Domestic demand remains strong and is reflected in the considerable increase in apparent consumption.
According to the USDA, moderate growth is projected for the region's production, and exports from Brazil, Mexico and Chile will fall. Significant growth is expected in imports from Mexico and Argentina.
According to Rabobank's third-quarter global pork report, African swine fever, inflation, and policies challenge growth while trade prospects rise.
When real incomes fall, people will buy less pork at every price, meaning that if prices come back down to previous levels, less pork will be purchased than before at every price, high or low. This is called demand destruction.
Environmental-related measures, reduced export prospects, high input costs, and ASF are leading to an expected fall in EU pigmeat production in 2022.
Data provided by the statistical service of the Netherlands shows that Spain continues to increase its imports of pigs and piglets.
The agreement eliminates import duties on all EU agri-food export to New Zealand.
The retail cost of pork in Russia in 2022 will grow at a rate many times lower than inflation due to an increase in the production of this product and stabilization of the cost structure.
This measure is to address the inflationary impact of the Russia-Ukraine conflict.
EU agri-food trade results have been published for February 2022.
Spain, Canada, and Brazil were the leading pork suppliers in the first four months of the year.