Forecast: Pork Production at Farm Gate in China

The analysis of China’s pork production at farm gate reflects significant fluctuations over the past decade. In 2023, the value stood at 198.53 billion Euros. Over the last two years, pork production has seen a steady increase, with a year-on-year rise of 3.75% in 2023, following a 3.93% increase in 2022. The five-year CAGR leading up to 2023 was 10.48%, indicating robust growth despite earlier volatility.

Future trends to watch for include a predicted slower growth with a forecasted five-year CAGR of 2.56% from 2024 to 2028, marking a more stable but moderate increase compared to the past. It is essential to monitor shifts in consumer demand, potential outbreaks of diseases such as African swine fever, and changes in feed costs influencing production levels.

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