Brazil's pork production has seen a steady increase from 3.42 million metric tons in 2013 to 4.45 million metric tons in 2023, representing a Compound Annual Growth Rate (CAGR) of 2.31% over the last 5 years. Notably, the year-on-year growth for 2022 was 1.99%, with a slight deceleration to 1.92% in 2023. Forecasts for 2024 and beyond suggest a continued but slower growth trend, with the forecasted CAGR for the next 5 years estimated at 1.34%, culminating in an expected production of 4.85 million metric tons by 2028.
Future trends to watch:
- Technological advancements in livestock management and feed efficiency.
- Impact of climate change on pork production and supply chains.
- Global demand shifts, particularly in key export markets like China.
- Regulatory changes concerning animal welfare and environmental sustainability.
