Swine Product Situation and Trend in 2023

by the Office of Agricultural Economics Trend for 2023 of the world production

In 2023, the world’s pork production is expected to reach 110.98 million tons, an increase of 1.03 percent from 109.85 million tons in 2022 due to China, a major swine producing country. recovering from ASF damage and being able to increase production It is expected to have a production volume of 52.00 million tons, an increase of 1.96 percent from 51.00 million tons in 2022, 

including the United States, Brazil and Mexico expanding production according to domestic demand and increased exports from economic recovery. economy The production volume is expected to increase from 2022 by 0.72 percent, 1.61 percent and 4.58 percent, respectively. Important agricultural situation and trends in 2023

Marketing

consumption demand

In 2023, the world’s pork consumption is expected to be 110.02 million tons, an increase of 1.24 percent from 108.68 million tons in 2022, because the world’s major pork consuming countries are China, the United States, and the European Union. There will be an increase in pork consumption from 2022 by 1.68 percent, 1.87 percent and 0.26 percent, respectively.

Export

In 2023, the world’s pork exports are expected to total 10.50 million tons, a decrease of 1.59 percent from 10.67 million tons in 2022, because the world’s major pork exporting countries will have a decrease in export volume. 

especially the European Union It is expected that there will be 3.76 million tons of pork exports, down from 3.90 million tons in 2022 by 3.59 percent, followed by the United States with an export volume of 2.85 million tons, down from 2.90 million tons in 2022 by 1.69 percent and Canada exported 1.40 million tons, down from 1.43 million tons in 2022, 1.75 percent.

 

Import

In 2023, it is expected that the world’s pork imports will have a total volume of 9.55 million tons, down from 9.60 million tons in 2022 by 0.55% because the world’s major pork importing countries will have lower imports, especially China. The volume of pork imports is 1.70 million tons, down from 1.80 million tons in 2022, 5.56 percent,

 followed by Japan with an import volume of 1.50 million tons, down from 1.53 million tons in 2022, 1.64 percent, and Mexico will have a volume of 1.50 million tons. Imports were 1.24 million tonnes, down 0.80 percent from 1.25 million tonnes in 2022. 

In addition, the Philippines is expected to import pork down 18.18 percent compared to 2022 due to the temporary expiration of pork import tax cuts to resolve the problem. Swine shortage due to AFS outbreak of Thailand

Production

In 2023, the production of pigs is expected to be 17.47 million heads, an increase of 12.66 percent from 15.51 million heads in 2022, due to the increasing number of sows sows will be able to expand their pig production. 

However, farmers are still concerned about the risk of disease outbreaks in swine. and increased production costs from biosecurity systems. Biosecurity affects farmers’ decision to return to raising pigs.

Marketing

Consumption Demand

In 2023, swine consumption is expected to be 1.30 million tons, an increase of 12.58 percent from 1.15 million tons in 2022 due to economic recovery. especially in the tourism and service sectors This will result in an increase in demand for pork consumption from the previous year.

Export

In 2023, it is expected that the export of chilled, frozen and processed pork will increase slightly or close to 2022 due to economic recovery, especially in the food industry of trading partner countries, while exports of live pigs are expected to stabilize. 

This is because neighboring countries have limited demand for live pig imports due to the recovery in production after the outbreak of ASF.

Import

In 2023, imports of pork products and other edible parts of pigs (skin, liver and other offal) are expected to be similar to 2022.

Price

In 2023, it is expected that the price of swine that farmers can sell will be stable or slightly lower compared to 2022 due to the expected increase in swine production. in line with increasing consumer demand Export prices of slaughtered pork and processed pork are