Vietnam: Animal feed imports in the first seven months of 2024 worth over 2.91 billion USD
Imports of animal feed and raw materials increased by 2.2% year-on-year in the first seven months of 2024.
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Imports of animal feed and raw materials increased by 2.2% year-on-year in the first seven months of 2024.
September is ending, leaving behind a trail of staggered decreases in the pig price in Spain. This is nothing new; many years tend to be like this.
On December 30, 2024, soybeans will be added to the products covered by the new European regulation against deforestation, creating uncertainty in commodity trade.
Swine production is expected to decline in 2025 due to weak demand and a smaller inventory of hogs for slaughter.
The tariff exclusion process introduced by the State Council Tariff Commission (SCTC) in March 2020 remains in effect.
Higher slaughter numbers and carcase weights have helped production in key producing countries, according to AHDB.
Australian pork production is expected to continue to increase in 2025. Despite stable projections for pork imports and exports in 2025, the U.S. has reestablished itself as Australia’s primary source of pork imports.
In the first eight months of 2024, Vietnam spent more than 1 billion USD to import meat and meat products. The trade deficit was about 970 million USD.
Since the beginning of this year, 192.8 tons of pork from Russia's Tomsk region have been exported to Vietnam.
Argentina regains ground in the global soybean meal market, overcoming the effects of the 2023 drought. Consolidation of the sector is essential to maintain global competitiveness.
The import of pigs for slaughter decreased by 4.1% in the first half of 2024 compared to the same period in 2023.
In the first half of this year, Chinese pork and offal imports decreased by 28%.
The African swine fever situation is expected to improve in the second half of 2025.
Shipments to most destinations decreased. Canada and South Korea show the greatest declines.
In the first half of 2024, Spain imported 1,130,148 piglets from the Netherlands.
Pork shipments abroad increased by more than 25% in the first half of the year.