Forecast: Pigs Production in Spain

Spain's pig production has exhibited a steady upward trend over the past decade. Starting from 4.52 million metric tons in 2013, it reached 6.53 million metric tons by 2023. The year-on-year growth rates show variability, with a significant dip in 2020. Notably, annual growth has stabilized around 2% over the last two years, while a 5-year CAGR averaged 1.91%. The forecast for the next five years suggests a slower growth rate, with an estimated 1.53% CAGR, predicting production to reach around 7.19 million metric tons by 2028.

Future trends to watch for:

  • Technological advancements in livestock management and breeding practices.
  • Policy changes and their impact on production standards and sustainability practices.
  • Global market influences, including demand fluctuations and trade agreements.
  • Environmental regulations and their enforcement related to agricultural emissions.

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