New pork production forecast: slight increase expected in 2025

New pork production forecast: slight increase expected in 2025
Photo is illustrative in nature. From open sources.

Kovalev noted that pork production has demonstrated steady growth of 5-10% per year over the past 15 years, primarily due to reduced imports, increased domestic consumption, and the introduction of an export-oriented strategy. In 2024 , growth was 4.4% for agricultural enterprises and 3.6% for the industry as a whole.

According to him, starting in 2025, production growth rates are expected to be at the level of 1-2% annually over the next five years, which should help achieve the government's planned indicators by 2030 and avoid the threat of market oversaturation.

Despite the slowdown in growth, volumes have already reached significant levels, and exports are essential for the industry's further development . Last year, pork exports amounted to 320,000 tons, and the goal is to achieve a 10% share of total production in the future.

Kovalev also emphasized the importance of maintaining profitability in the industry, which has been declining recently amid rising production costs and rising wholesale prices for live pigs amid general inflation. Measures are being considered to improve production efficiency and increase metrics such as the annual meat yield per sow.