Key Market Indicators
Lao Pig Production is expected to reach 1.13 million heads by 2026, a 1.9% increase from 2021's 1.01 million heads. Since 1966, Lao supply has been steadily increasing at an average rate of 1.8% each year. In 2021, Lao ranked 29th in the world for pig production, with Colombia at the top with 1.01 million heads. The United States Virgin Islands, Brazil, and Spain followed as the second, third and fourth highest ranked countries, respectively. Lao Pork Consumption is projected to reach 77.6 thousand metric tons by 2026, a 0.6% increase from 2021's 75 thousand metric tons. Since 2017, Lao demand has increased at a 0.5% rate each year.