The forecasted import of live pure-bred breeding swine to China shows a steady decline from 2024 to 2028. In 2023, the import volume was reported at approximately 358.92 thousand kilograms before the anticipated decrease. Year-on-year analysis indicates a continuous decline: 2025 by 6.06%, 2026 by 6.34%, 2027 by 6.63%, and 2028 by 6.97%. The compound annual growth rate (CAGR) over five years reflects a consistent average reduction of about 6.56% per annum.
Future trends to watch for include:
- China's potential focus on enhancing domestic breeding capabilities to reduce reliance on imports.
- Government policies aimed at increasing self-sufficiency in the swine sector.
- Implications of international trade dynamics and agreements on livestock imports.