The rising price of pork is sounding alarm bells in China. Currently, pork costs about 26 yuan ($4) per kilogram－an increase of about 48 percent since last year, according to the Ministry of Agriculture. China, the world’s largest producer and consumer of pork, is again seeing worrying impacts of rising pork prices on the overall price of food. Now is the time to transform China’s pork industry using a market-based approach to ensure stable supply at affordable prices. Doing so can reduce food price volatility, as well as further promote diverse and nutritious diets among consumers…Full Article: ECNS.cn Apr 2016
- From 2011 to 2021, China’s pork consumption is expected to increase by 20%.
- From November 2013 to August 2015, China lost 100 million boars and 10 million sows (adult female hogs). China’s pig inventory peaked in 2013.
- In March 2016, Beijing’s Xinfadi wholesale market noted a nearly 60% increase in pork prices versus the previous year.
- In November 2015, China enacted water pollution control initiatives across 10 provinces which reportedly impacted the country’s pork industry and helped cause pig farm closures (~20 million hogs dropped out of the market).
- In November 2015, the Director of the NDRC’s Price Department stated that nearly 50% of all pig farms in China raise at least 500 hogs annually.
- From 2013 to 2015, average pork prices in China increased from CNY 25.86 per kg to CNY 26.73 per kg.
- From 2001 to 2011, China’s backyard pig farms dropped from 74% to 37% of the country’s total hog output.
- From 2005 to 2010, Chinese pork consumption increased by 8%, but consumption fell from 2007 to 2008 due to an outbreak of blue ear pig disease.
- China’s pig population and pork production mainly lies along Yangtze River. In 2011, Sichuan province had 51 million pigs (11% of China’s supply) and produced 4.8 million MTs of pork (10% of China’s output). Henan province had 45.6 million pigs and produced 4 million MTs of pork, while Hunan province had 41.5 million heads and also produced 4 million MTs of pork.