Spain: Expansion of the swine industry will be limited this year

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According to a report by USDA, Spanish pork production may remain flat at 5 million tons in 2022, due to higher production costs, lower demand in China, and decreased domestic pork consumption. Future expansions in pork production will be limited to allow farms to adapt to meet new EU requirements under the Green Deal strategy.

The USDA expects the breeding sow population to remain flat, mainly due to the increase in feed costs and the reduction of Spanish pork exports to China.

In 2022, Spain will likely see a continued decline in Chinese pork demand. Thus, a change of Spanish pork flow from China to the EU, returning to previous patterns for Spanish pork exports is expected, in which around 60% went to the EU and 40% to non-EU markets.

PigUA.info by materials pig333.com