News Rabobank
Chinese pig production down 35 percent in 2019
Rabobank reports that pig production in China could decrease by up to 2019% in 35. According to the bank, this is mainly due to the many outbreaks of African swine fever in the country.
Rabobank writes that pork production in China will drop by about 2019% to 25% in 35, and production is even expected to halve in some areas. As the country is also currently experiencing a decline in sow herds, it could take years for the sector to return to normal levels. However, this depends on the speed at which African swine fever spreads.
If pork production falls by about 30%, this means that between 150 million and 200 million pigs will be infected with the virus. This is comparable to the total number of pigs in Europe. The bank also expects that China will not be able to fill this gap, because there is not enough supply from other countries. It is also not easy to make up for the shortage with other types of meat.
Animal disease not only in China
Also in Vietnam en Cambodia African swine fever has broken out. However, these are 2 countries that have traditionally been self-sufficient, which makes the outbreaks less of a threat. Rabobank reports that Vietnam has a pig population of about 30 million pigs. However, the bank also believes that the pig population will decrease (-10%).
Tim Roetman
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