Jan-22 USDA Report: Pork Market 2022 According to calculations by the US Department of Agriculture (USDA), global pork production is expected to have increased by + 13.5% year-on-year in 2021. The main increases took place in China with +34.4%. With the growing Chinese self-supply, imports fell from 5.3 million t in the previous year to 4.75 million t. For the current year 2022 , the USDA expects a worldwide increase in pork production of around 1%. The growth in China with an estimated +1.3% also plays a decisive role. Production increases of around + 3% are also forecast for Brazil. In the USA and Canada , generation volumes are expected to remain largely unchanged. A trend towards withdrawals is expected in the EU-27 as a whole. Also at other locations, little change in production figures is foreseen for the most part.The global pork trade is estimated on the import side to be slightly lower than 11.5 million t. The sharpest decline is assumed for China with -4.5% to only 4.2 million tons. Chinese pork imports were still around 5.3 million t in 2020. In contrast, the USDA expects further increases in imports in limited quantities for Mexico, Japan and South Korea . Export increases for Brazil are predicted to be around 3%. For the EU-27 , the USDA estimates only a slight decrease in pork exports from slightly above to just under 5 million t. This means that the EU remains the world's largest export region for pork.
