Page 15 of articles about imports

Australian pork production is estimated to reach a record in 2021 and continue at this high level in 2022.

Swine production to increase in 2022 following a rebound in the sow population. Pork production is expected to increase 2% to meet strong demand for domestic pork.

The Mexican market is now open for British pork for the first time, which means a potential boost of £50m for the UK over the first five years of trade.

USDA predicts that pork production in China will decrease in 2022 due to low inventories and a smaller sow herd.

According to Rabobank's quarterly report, redistribution of pork trade could place downward pressure on pork prices in exporting regions.

Since last May, Chinese imports of pork and offal have been below the values of the same month of the previous year.

Pork imports spiked from April to early June, following a series of executive orders cutting tariffs and increasing the allowable import volumes.

From January to May of this year, pork imports have increased by 65%.

The pork trade balance was again positive in 2020, both in volume and value. The trade surplus was US$ 4.03 million, while in 2019 there was a trade deficit of US$ 47.3 million.

A tight market outlook for oilseeds is expected for 2020/21 and coarse grains stocks are forecast to fall below opening levels for the fourth consecutive season.

World meat output is forecast to expand despite the many challenges facing meat value chains while global meat trade is seen heading towards a stagnation.

These are amongst the main findings published by the European Commission in the monthly trade report for January-February 2021.

In the first quarter of 2021, exports of live pigs and pork from Portugal increased by 20.1% and 39.3%, respectively, compared to the same period in 2020, with Spain as the virtually exclusive destination.

Africa swine fever was detected in a batch of 980 imported live pigs from Thailand during the quarantine period.

After pushback to an executive order lowering tariff rates of pork, a compromise reduces market access gains.

The minimum access volume for pork imports has been raised amid the shortage of supply caused by the spread of African swine fever.