Key Market Indicators
Austria is set to see a slight decline in its pig production by 2026. In 2021, pig production was 676,620 heads, and will drop to 642,300 heads by 2026, according to a year-on-year CAGR of 0.9%. This marks a 1% decrease since 1966. Meanwhile, pork consumption is set to increase slightly. In 2021, Austria consumed 441,000 metric tons of pork, and this will rise to 449,000 metric tons by 2026, at an average rate of 0.3% year-on-year. This marks a 0.5% increase since 2017, when Austria was in 28th place in the world pork consumption rankings. Colombia overtook Austria in 2021, with 441,000 metric tons of pork consumed. The United States, Russia, and Vietnam were in 2nd, 3rd, and 4th place, respectively.
