Global pig meat production is forecast to decrease by 1% on the year to 109.3 million tonnes in 2016, according to the U
The world’s largest pig meat producer, China, forecasts a decrease of 3 per cent year on year. The reduction in output is thought to be due to poor producer profitability last year, a slowdown in China’s economic growth and issues surrounding its environmental regulations.
EU pig meat production is expected to be down 1 per cent on 2015 as low pig prices caused a contraction to the EU pig herd. US production is forecast to increase to a record level. Output from Russia and Brazil is also forecast to increase.
However Global Trade Will Bloom
Global pork exports are forecast to increase year on year by 6 per cent in 2016, to 7.6 million tonnes. US exports are forecast to increase by 5 per cent, EU exports are expected to increase by 9 per cent. Shipments of pig meat to the world’s largest importer, Japan, are expected to increase by 4 per cent. Further demand from China, South Korea and Mexico will push total global imports up 8 per cent year on year.
With global trade on fire AgraKepak are searching far and wide for reliable new suppliers of quality pork meat. Our Pork Supply Manager Tom Satchwell and Supply Chain Director Gerry Martin travelled to Chile last month to supervise production and shipment of our first loads from a new supplier and we expect to make many more of these trips in the coming months.
Any pork suppliers interested in working with us, should speak to Tom Satchwell.
Tom is based in our Shanghai office and can be contacted on
tom.satchwell@agrakepak.com
Tel: +86 13761008640