Vietnam's pigmeat production has shown significant fluctuations over the past decade. The period from 2013 to 2018 saw consistent growth, peaking at 2.87 million metric tons in 2018. A notable decline occurred in 2019 and 2020, attributed to various factors impacting the industry. Recovery began in 2021, with production levels gradually increasing. As of 2023, pigmeat production stood at 2.57 million metric tons, showing a positive year-on-year variation of 2.25%. The compound annual growth rate (CAGR) over the last five years was -2.15%, indicating an overall decline during this period.

Future trends to watch for:

Slight annual growth is forecasted, with the five-year CAGR projected at 0.16%.
Monitoring impacts of disease outbreaks and feed prices on production levels.
Potential market shifts due to changes in consumer preferences and trade policies.