Global pork trade remains dynamic - Rabobank
Low-cost producers have an advantageThe past five years have been a roller coaster ride for the global pork trade, according to a recent report from Rabobank. Animal disease outbreaks, geopolitics, and the Covid-19 pandemic have been some of the major factors driving global trade during this period.
Competition among major exporters intensified, and in the coming years the competitive landscape will continue to shift.
Low-cost producers such as Brazil and the US will likely be at an advantage. However, exporters can employ a variety of approaches – such as diversifying destinations, pursuing adaptability, building strong and long-term trading relations, and being responsive to customer needs – to remain or become successful in global markets.