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Trends of Pork Consumption : Where Are We Going ?. Brett Stuart Cartagena July 16. Outline. Global Protein Demand & Supply Global Opportunities. Global demand & supply. Global Demand. More mouths….. (375 million – past 5 yrs). With more $….. (US$4.1 trillion – past 5 yrs).
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Trends of PorkConsumption: Where Are WeGoing? Brett Stuart Cartagena July 16
Outline • Global Protein Demand & Supply • Global Opportunities
Global Demand More mouths….. (375 million – past 5 yrs) With more $….. (US$4.1 trillion – past 5 yrs)
Global Meat and Broiler Production Source: USDA/FAS
Source: USDA/FAS, 2014F, beef and pork in carcass-weight equivalents
Source: USDA/FAS, 2014F, beef and pork in carcass-weight equivalents
2014 Imports = 2% of Chinese consumption MillionMetricTons Source: USDA/FAS, beef and pork in carc. wt. equiv.
Chinese Meat + Poultry Consumption Forecasts in Red
Chinese Corn For Feed Forecasts in Yellow
Opportunities - Summary • Colombia can participate in global pork markets • 2013: • 102 countries purchased imported pork • Lowest import prices COL 1,182 COL Pesos/kg • Highest import price COL 28,507 COL Pesos/kg
Opportunities - Summary • Colombia can participate in global pork markets • Identify best potential markets (economics and sanitary requirements) • Assess pork-cut prices and opportunities • Work on gov’t-to-gov’t access (certificates/licenses) • Be willing to meet importer specifications