China’s Pork Outlook for 2024: Imports Rise as Domestic Production Declines

China’s pork industry is facing a mixed picture for the year 2024, as indicated by the latest report from the Global Information Agricultural Network by USDA’s Foreign Agricultural Service (FAS). The report forecasts a 1% decline in both swine production and pork products within the country for the upcoming year. However, amidst these challenges, there is a projected 20% growth in live pig imports, with an estimated 6,000 head set to be imported in 2024. This increase in imports is a significant step for China’s hog herd rebuilding efforts, although the numbers remain historically low.