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Point of view: The European Commission expects the market to stabilise by 2025

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20/11/2024 08:54 | Place des marchés Il y a 23 jours

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The European Commission’s forecasts for 2025 confirm the stabilisation of pig production in the EU-27.

The European Commission recently shared its forecasts for agricultural markets up to 2025, particularly in the pork sector. They confirm the stabilisation of European markets already underway in 2024.

Production and consumption expected to remain stable

In 2024, pig production is set to fall by 0.5% in the EU, a trend that is set to continue with a moderate fall of 0.2% in 2025. But this outlook seems pessimistic, given that the number of pigs slaughtered and carcass weights have been rising across the EU since January.

EU-27 : supply balance for the pork sector (1000 tec)
Supply Balance For The Pork Sector

Balance sheet data exclude pork offal and bacon; e: estimated; p: forecast
Source: European Commission DG-Agri

The continued fall in food inflation, combined with the EU’s economic recovery, should bolster growth in demand for agri-food products. However, pork products are expected to benefit little from this recovery in demand. Pigmeat consumption is expected to fall slightly in the

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Auteur

Elisa Husson

Ingénieure d’études - Experte en charge de l’analyse des marchés du porc et du commerce international

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