Key Market Indicators
Russia is forecast to become the fifth largest pig producer in the world by 2026, with an average year-on-year growth rate of 1.3%. This is based on an increase in production from 6.1 million heads in 2021 to 6.6 million heads by 2026. This follows a 2.6% annual growth rate since 1997. In 2021, Germany overtook Russia as the world's largest pig producer, with 6.1 million heads while the United States Virgin Islands, Brazil and Spain respectively ranked second, third and fourth. Consumption of pork in Russia is predicted to reach 4.0 million metric tons by 2026, with an average year-on-year growth rate of 0.5%. This follows a 0.8% annual growth rate since 2017.