In 2023, Vietnam's swine meat supply stood at 3.63 million metric tons (Carcass Weight Equivalent). The forecasted data shows a steady increase in supply from 2024 to 2028:
• 2024: 3.71 million metric tons, representing a year-on-year increase of about 2.2%.
• 2025: 3.79 million metric tons, with an approximate 2.2% increase from the previous year.
• 2026: 3.88 million metric tons, indicating a rise of around 2.4% year-on-year.
• 2027: 3.97 million metric tons, a year-on-year gain of roughly 2.3%.
• 2028: 4.05 million metric tons, translating to a 2.0% increase from the previous year.
Over the last two years, Vietnam's swine meat supply has increased by an average of approximately 2.2% per year. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is around 2.2%.
Future trends to watch include potential impacts from disease outbreaks affecting swine health, government policies on meat production and trade, and changing consumer preferences that might shift demand for swine meat. Monitoring these factors will be essential for forecasting future supply accurately.
