In 2023, global pork transfers to producers from consumers saw variations by country, with China at the forefront, accounting for a significant portion of the values mentioned. Notable increases were observed in China and Indonesia, with respective growth rates of 10.35% and 14.76%. Conversely, Switzerland and Norway experienced declines of 0.011% and 8.39%, respectively. Ukraine remained stable with no change, while South Africa saw the most significant drop at 36.5%. Over a five-year period, the overall trend showcases China's dominance and a steady global restructuring of pork transfers.
Future trends to watch include China's continuous growth driven by high domestic demand, potential new market entrants, and the impact of trade policies and sustainability practices on pork production and transfer dynamics globally.
Top countries in Pork Transfers to Producers from Consumers by Country
| # | 7 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 32,130 | 2023 | +3.46% | +10.35% | View data |
| 2 | 2 Switzerland | 472.65 | 2023 | -0.021% | -0.011% | View data |
| 3 | 3 Indonesia | 301.32 | 2023 | +8.28% | +14.76% | View data |
| 4 | 4 Ukraine | 216.61 | 2023 | +11.71% | View data | |
| 5 | 5 Norway | 125.41 | 2023 | +2.3% | -8.39% | View data |
| 6 | 6 Argentina | 50.07 | 2023 | +1.12% | -1.51% | View data |
| 7 | 7 South Africa | 5.25 | 2023 | +0.059% | -36.5% | View data |
