Advertise with

China has an annual pork market of $1-trillion. North-east production is forecast to reach 120-million pigs.
China has an annual pork market of $1-trillion. North-east production is forecast to reach 120-million pigs.

Chinese pork output expected to expand again after 2020, says UN report


By Gus Trompiz - Jul 8th, 13:58

Production is projected to fall 5% this year as the country struggles to recover from African swine fever, but some say this figure is likely to be higher. 

African swine fever, which was seen as more difficult to manage than the spread of the fall armyworm crop pest in China and other parts of Asia, the FAO and the OECD said in their Agricultural Outlook for 2019-2028.

China, the world’s largest pork producer, is grappling with African swine fever, which has spread across much of the country in the past year. There is no cure or vaccine for the disease, which is often fatal for pigs although harmless for humans.

Chinese pork output was projected to fall 5% this year, while imports were forecast to rise to almost 2-million tons from an average 1.6-million tons a year in 2016-2018, the FAO and OECD said in their annual report.

Chinese tariffs against US supplies should benefit demand for imports from Brazil, Canada, and the EU, they said.

Other observers have projected a steeper fall in Chinese pork production as herds are culled and cases are suspected of being under-reported. The authorities have said that output is now recovering.

Both production and consumption of pork in China were projected to recover in 2020 to 2018 levels, before resuming their longer-term growth path, the FAO and OECD said, adding this would curb global output in the near term.

“Measures to contain the outbreak are assumed to moderately depress global pork production in the short term,” they said.

“As their success is uncertain the medium-term impact of the epidemic may become more severe than currently anticipated.”

Business Live 

Related News

4 reasons to be hopeful about South Africa’s economy
12/09/2019 - 14:40
Markets responded positively to South Africa’s economic growth rebounding in the second quarter, up 3.1%, and 0.9% for the year to June 2019.

Smarter mobility key to a sustainable South Africa
11/09/2019 - 13:19
The World Economic Forum has revealed that by 2050, 70% of the world’s population will be living and operating in urban areas. Considering the resultant congestion and air pollution, which are already challenges requiring mitigation in 2019, mobility and energy should be top of mind for those making the shift towards cities of the future.

Manufacturing production shrinks for second month in July
11/09/2019 - 13:01
Manufacturing production recorded its second consecutive contraction in July, in line with analysts’ expectations.

Eskom: The largest threat to the stability of the SA economy
10/09/2019 - 09:45
On Tuesday 23 July, South African Finance Minister Tito Mboweni tabled a bill before the National Assembly which would see national state-owned power utility Eskom benefit from an allocation of R59 billion over the next three years.

African continental free-trade deal has a long way to go
09/09/2019 - 14:50
The African continental free-trade agreement (AfCFTA) is facing several challenges and it could be decades before there is a common market in which tariffs are largely abolished.