Key Market Indicators
The country ranked number 37 out of the global rankings in 2021, behind the United States Virgin Islands and in front of Suriname. Brazil, Spain and Australia respectively ranked numbers 4, 5 and 6 in this ranking. Portuguese pig production is expected to reach almost 571,000 heads by 2026, an annual growth rate of 0.4%. Since 1966, Portugal's pig supply has increased by an average of 0.8% each year. In 2021, it placed 44th in the global rankings, with Uganda having overtaken it. The United States Virgin Islands, Brazil and Spain ranked second, third and fourth respectively. Portuguese pork consumption is forecast to fall by 0.1% annually, reaching 411,000 metric tons by 2026. Demand has decreased by an average of 0.5% each year since 2017 and the country was 37th in the 2021 global rankings, behind the United States Virgin Islands and ahead of Suriname. Brazil, Spain and Australia rounded out the top six.
