EU to be the world's main exporter of pork in 2022
EU will remain the world's main pork exporter for this year, according to an outlook released by USDA. Analysts expect 4.8 million tonnes to be shipped outside the block this year, accounting for 40.7% of the global trade in the sector. Likewise, the United States will occupy the second position, participating with 25.6% of exports, although it is expected to see a decrease of 6.2% compared to 2021. Canada will occupy third place with a 12.5% share and an export volume of 1.5 million tonnes.
In terms of production, China will maintain its dominant position, accounting for 46.2% of the global pig meat production (110.5 million tonnes) and with expected production reaching 51 million tonnes, up 7.4% from last year.
It will be followed by the European Union, with an expected share of 20.9% and production reaching 23.2 million tonnes, a decrease of 2.4% compared to the previous year, while the United States will occupy the third place, with an 11.1% share, with production to stand at 12.3 million tonnes, contracting by 2.2% compared to 2021.
The ranking of importing countries will be led by China, which is expected to participate with 31.9% of the world total (11 million tonnes) with a volume of 3.5 million tonnes, down 19.2% from the volume imported in 2021. In second place is expected to be Japan with a share of 13.2%, while Mexico will be in third place with a share of 10.9% of the world's pork imports. Notably, imports from the Philippines and Vietnam are expected to decline this year by 18.1% and 10%, respectively.
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