In 2023, the import of live pure-bred breeding swine to China was valued at 14.610 million USD. Forecasts from 2024 to 2028 predict a slight and steady decline in import value, decreasing annually by a minimal amount. The year-on-year change reflects a negligible decline each year, resulting in an almost stable market. The compound annual growth rate (CAGR) indicates a very subtle downward trend over the five-year period.
Keywords for future trends to watch include:
- Technological advancements in local breeding techniques
- China's domestic demand for breeding stock
- Trade policy changes affecting agricultural imports
- Pandemic and biosecurity risks impacting international trade
