Key Market Indicators
The country was number 44 in 2021, with the United States Virgin Islands overtaking at 655 Thousand Metric Tons. Spain, Brazil and North Korea respectively were numbers 2, 3 and 4 in this ranking. Australia's pig production is expected to decline slightly by 2026, with an average year-on-year fall of 0.1%. This follows an increase of 0.7% year-on-year since 1966. In 2021, Australia was the 42nd largest producer of pork, with North Korea overtaking with 593,490 heads. The United States Virgin Islands, Brazil, and Spain were ranked 2nd, 3rd, and 4th respectively. Consumption of Australian pork is predicted to increase by 2026 to 679 thousand metric tons, from 655 thousand metric tons in 2021. This is an average year-on-year growth rate of 0.6%, which has been consistent since 2017. In 2021, Australia was the 44th largest consumer of pork, with the United States Virgin Islands overtaking at 655 thousand metric tons. Spain, Brazil, and North Korea were ranked 2nd, 3rd, and 4th respectively.