Key Market Indicators
Panama's pig production is expected to reach nearly 96,000 heads by 2026. This is a slight increase of 0.6% each year since 2021, when the production was 92,450 heads. Since 1966, the supply has actually decreased by 1% each year. Panamanian pork consumption is also expected to rise in the next five years, growing at an average of 1.1% year on year. It is projected to reach nearly 64,000 metric tons by 2026, up from 60,000 metric tons in 2021. Since 2017, the demand for pork has been increasing at a steady rate of 1.1%. In 2021, Panama ranked 71st in the world for pork consumption, overtaken by Slovenia. The United States, Russia and Vietnam were the top-ranked countries in this ranking.
