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    Home > Food News > Food Articles > Domestic production resumed and imports increased sharply, leading to a sharp drop in domestic pork prices in Vietnam

    Domestic production resumed and imports increased sharply, leading to a sharp drop in domestic pork prices in Vietnam

    • Last Update: 2021-10-19
    • Source: Internet
    • Author: User
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    Vietnam's "Saigon Economic Online" reported on October 11 that due to the outbreak of African swine fever in many places in Vietnam in the past , the price of live pigs has risen sharply due to supply shortages, and even reached 8-9 million VND per quintal, and maintained a considerable amount.
    For a long time .
    However, the current price of live pigs has been declining, dropping to slightly more than 4 million VND/quintal .


     
    In the north, the price of live pigs is 3.
    8-4.
    2 million VND/100 kg; in the central region, the price of Xiyuan region is 4.
    1-4.
    7 million VND/100 kg; in the south, the price is 4.
    3-4.
    4 million VND/100 kg
    .
     
    Nguyen Van Juet, vice chairman of the Southeastern Animal Husbandry Association, said that after the outbreak of African swine fever, domestic supplies have decreased and prices have risen
    .
    Rising prices have stimulated farmers to increase breeding to restore supply, and the country has also adjusted the market by increasing meat imports
    .
    If there is no large amount of imports, the price of domestic pork will not drop as sharply as it is now
    .
     
      According to a report by the Ministry of Agriculture and Rural Development of Vietnam, as of the end of August, the number of live pigs in the southern region of Vietnam is estimated to be 8 million, and the meat output is 869,000 tons, a year-on-year increase of 3%
    .
    It is expected that in the next few months of this year, 430,000 tons of meat will be supplied to the market
    .
     
      At the same time, according to a report by the Vietnam Animal Husbandry Bureau, in the first eight months of this year, Vietnam imported nearly 682,000 tons of meat, with an import value of US$1.
    4 billion, an increase of 4.
    4% and 18.
    9% respectively year-on-year
    .
    Among them, imported pork was nearly 257,000 tons, and the import value was nearly US$508 million, an increase of 62.
    2% and 83.
    8% respectively year-on-year
    .
    African swine fever pig price
     
      In the north, the price of live pigs is 3.
    8-4.
    2 million VND/100 kg; in the central region, the price of Xiyuan region is 4.
    1-4.
    7 million VND/100 kg; in the south, the price is 4.
    3-4.
    4 million VND/100 kg
    .
     
      Nguyen Van Juet, vice chairman of the Southeastern Animal Husbandry Association, said that after the outbreak of African swine fever, domestic supplies have decreased and prices have risen
    .
    Rising prices have stimulated farmers to increase breeding to restore supply, and the country has also adjusted the market by increasing meat imports
    .
    If there is no large amount of imports, the price of domestic pork will not drop as sharply as it is now
    .
    Imported pork
     
      According to a report by the Ministry of Agriculture and Rural Development of Vietnam, as of the end of August, the number of live pigs in the southern region of Vietnam is estimated to be 8 million, and the meat output is 869,000 tons, a year-on-year increase of 3%
    .
    It is expected that in the next few months of this year, 430,000 tons of meat will be supplied to the market
    .
     
      At the same time, according to a report by the Vietnam Animal Husbandry Bureau, in the first eight months of this year, Vietnam imported nearly 682,000 tons of meat, with an import value of US$1.
    4 billion, an increase of 4.
    4% and 18.
    9% respectively year-on-year
    .
    Among them, imported pork was nearly 257,000 tons, and the import value was nearly US$508 million, an increase of 62.
    2% and 83.
    8% respectively year-on-year
    .
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