Mexico: First quarter pork production and trade

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© Figures in thousands of tons. Sources: Mexican Ministry of Agriculture and Rural Development - SNIIM - GCMA - USDA.

Mexican pork production and imports saw increases in the first quarter while exports contracted.

Pork production reached 414,220 tons (t) at the close of the first quarter of the year, up 2.67% from the same period in 2021 (403,430 t). Preliminary international trade figures indicate a 24.2% growth in the volume of imports for the period, increasing from 294,512 t to 365,643 t. However, exports stood at 59,312 t, a reduction of 22.5% compared to the same period of 2021, when a volume of 76,524 t was reached.

As for live hog prices, they exhibited a cyclical behavior during the quarter, showing a steady decline that continued from January until mid-March, when they began to recover and show an upward trend. The average price for the period stood at MXN$31.2/kg, representing an increase of 12.7% compared to the same period of 2021 (MXN$27.7/kg).


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