Most sensible 10 international manufacturers
The primary position on the planet rating of red meat manufacturers in 2024 would once more be occupied by way of China, with a 48.4 % percentage within the general general (115.5 Mt) and manufacturing attaining 55.9 Mt, which might constitute a lower of one.0% in comparison to 2023 (56.5 Mt).
In 2nd position will be the Eu Union, with an 18.3% percentage and manufacturing attaining 21.2 Mt, representing a lower of one.6% in comparison to 2023, whilst america would occupy 3rd position, taking part with an 11.0% percentage, with manufacturing that might stand at 12.7 Mt, a 2.2% build up in comparison to the former 12 months. The main international locations in Latin The us, Brazil and Mexico, would occupy the 4th and eighth puts respectively, with manufacturing attaining 4.8 and 1.6 Mt.
Graph 1. Most sensible 10 international red meat manufacturers in 2024. Ready by way of 333 Latin The us with information from FAS – USDA.
Most sensible 10 international exporters
With a quantity very similar to that consolidated in 2023 (3.2 Mt), the Eu Union would stay the biggest red meat exporter in 2024, with a percentage of 30.9% of the entire general (10.4 Mt). America would occupy 2nd position, accounting for 30.4% of exports and with a quantity of three.15 Mt, representing an build up of two.8% over the former 12 months.
Brazil would occupy 3rd position with a percentage of 14.8% and an export quantity of one.53 Mt, which might constitute a 5.5% build up, pushing Canada into fourth position globally. Equivalent volumes are forecast for Mexico and Chile, which might succeed in 265 Mt, representing a expansion of one.9% for each international locations, hanging them within the fifth and sixth positions on the planet rating.
Graph 2. Most sensible 10 main international red meat exporters in 2024. Ready by way of 333 Latin The us with information from FAS – USDA.
Most sensible 10 international importers
The rating of uploading international locations could be led by way of China, which might take part with 23.6% of the sector general (9.7 Mt) with a quantity of two.3 Mt, a determine that during flip would constitute an build up of one.1% in comparison to 2023. In 2nd position, we’d have Japan with a percentage of 15.5%, whilst Mexico, along with occupying 3rd position international with 13.4% of the entire general, would stay the biggest importer of red meat in Latin The us with 1.31 Mt. Fourth and fifth puts could be occupied by way of the UK and South Korea respectively, with volumes of round 710,000 t for every nation.
Graph 3. Most sensible 10 international importers of red meat in 2024. Ready by way of 333 Latin The us with information from FAS – USDA.
Most sensible 10 obvious customers
With a percentage of over 50%, China would proceed to guide international red meat intake in 2024 with roughly 58.1 Mt, whilst the Eu Union and america would occupy the second one and 3rd positions with stocks of 15.7 and eight.7%, respectively. Russia and Vietnam would rank 4th and fifth respectively, with intake volumes of round 3.8 Mt.
Graph 4. Most sensible 10 obvious red meat customers in 2024. Ready by way of 333 Latin The us with information from FAS – USDA.
Conclusions
Because of the business’s state of affairs, added to the instability of the financial system generally, in recent times the sector pig farming landscape has passed through vital adjustments.
Whilst main international locations reminiscent of China, the Eu Union, and america have maintained, and can handle, their positions and relevance relating to manufacturing, world industry flows, and intake, regardless of the lower of their key signs, in recent times, international locations reminiscent of Brazil and Russia were regularly mountaineering the ranks of the sector’s main pig manufacturers, regularly mountaineering the ladder, expanding their manufacturing and conquering the most important house throughout the world pig business, thus making up, to a undeniable extent, for the decline within the provide from the most important manufacturers, which has been imaginable because of the sustained expansion of intake, which is resisting the intricate financial dynamics.
November 1, 2023/ 333 Latin The us with information from USDA/ United States.
https://apps.fas.usda.gov/