In 2023, Vietnam's pork production stood at 2.55 million metric tons. The forecasted figures for 2024 to 2028 show a gradual increase, reaching 2.63 million metric tons by 2028. This represents a steady year-on-year growth, with a noticeable percentage increase between 2024 and 2025 of approximately 0.78%, and continuing similarly modest growth rates in subsequent years.
Over the last two years, between 2023 and 2025, pork production increased by 1.57%. When analyzing the compound annual growth rate (CAGR) over a span from 2023 to 2028, the average annual growth rate stands at roughly 0.61%.
Future trends to watch for include:
- Fluctuations in feed costs affecting production levels.
- Demographic shifts influencing domestic pork consumption.
- Potential impacts of trade policies on pork imports and exports.
- Innovation in farming practices and technology adoption in the industry.
