China: Livestock and Products Semi-Annual
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In 2022, imports of breeding swine are estimated lower at 20,000 head and pork imports are estimated at 3.3 million metric tons (MMT). Domestic swine, breeding sows, and pork production are expected to exceed 2021 levels as producers increasingly compete for market share and morbidity associated with African Swine Fever (ASF) outbreaks, lowers. Consequently, and with weaker consumer demand in anticipation of a less robust economic outlook, domestic pork prices should remain low in 2022. Consumer demand for imported beef products and expanded exports of live cattle by South American countries will increase imports to 3.1 MMT and 375,000 head, respectively.