Pork Market in China: Analysis of Current Trends and Future Forecast

In addition to high demand, the dynamics of pork prices was also influenced by the ongoing support for farmers. Many farmers are in no hurry to sell pigs, expecting further price increases. This has led to a decrease in the supply of pork on the market and an even greater increase in prices.

Overall, domestic costs of raising and feeding pigs continue to decline, and pig prices continue to rise. The domestic pig-to-grain ratio has quickly recovered to about 6.3:1, and the livestock industry as a whole has turned losses into profits.

Analysts believe that with the recovery in MEAT demand at the end of the year, domestic pig prices will continue to remain stable and moderately high in the short term. However, there are a number of factors that may affect price dynamics in the long term.

One such factor is changing consumer preferences. In recent years, healthy eating has become increasingly popular in CHINA, with many consumers starting to prefer leaner types of meat, such as chicken orfish .

If this trend continues and consumers increasingly turn away from pork, this may lead to a decrease in demand for pork and, as a result, to a fall in prices.

Another factor that may affect price dynamics is the development of the livestock industry in other countries. Recently, a number of countries, such as Brazil and the United States, have been increasing pork production. This may lead to an increase in the supply of pork on the world market and, as a result, to a decrease in prices.

In general, the pork market in China is in the recovery stage after the African swine fever epidemic. In the short term, pork prices are likely to remain stable and moderately high, but in the long term, they may come under pressure due to changing consumer preferences and the development of the livestock industry in other countries.