In 2023, China exported live hogs valued at approximately $417 million. The forecast from 2024 to 2028 shows a steady year-on-year increase from $418.52 million to $423.62 million. This reflects an annual growth rate, with the most notable increase of about 0.31% from 2024 to 2025. The average annual growth rate (CAGR) from 2024 to 2028 is a modest 0.24%, indicating a stable but slow upward trend over the five-year period.
Key future trends to watch for include:
- Potential changes in global trade policies that may influence export dynamics.
- Fluctuations in domestic pork demand and local production affecting export volumes.
- Impact of domestic and international health regulations on live animal exports.
