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Australia's pork consumption expected to reach record high

Australian pork production, consumption, and trade expectations for 2025.

24 March 2025
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Australia’s pork production in 2025 is forecast to reach 490,000 MT (CWE), a 4.0% percent increase over 2024 and the fourth consecutive year of growth. This forecast rise is mainly due to broadly improving domestic pork prices and declining feed prices.

Pork consumption in 2025 is forecast to increase to 660,000 MT (CWE), up 1.6% from 2024. If realized, this would mark a record-high level of pork consumption in Australia. Over the past decade, growth in pork consumption has been primarily driven by population increases rather than significant changes in per capita consumption. While year-to-year fluctuations occur, the broader trend has been a relatively stable per capita consumption rate.

Australia’s pork imports ​​​​​​are expected to remain stable in 2025 at 225,000 MT (CWE). Cost-of-living pressures moderated more strongly than anticipated in 2024, and consumption was higher than expected, with no drop in per capita consumption. While pork consumption is forecast to grow in 2025, the increase in domestic production is expected to accommodate this demand, keeping import levels essentially unchanged.

In recent years, Australia’s top four pork suppliers have accounted for over 95% of total imports. By 2024, the United States regained its position as Australia’s primary supplier, providing around half of all imported pork. This shift followed a gradual decline in pork exports from the European Union to China, which had driven lower EU pork prices and increased Australian import interest in 2021 and 2022. With no significant trade disruptions anticipated in 2025, Australia’s pork import dynamics are expected to remain consistent with the trade patterns re-established in 2024.

Australia is a relatively small pork exporter, with exports accounting for just over 10% of total production—far less than the volume it imports. Australia's pork exports are forecast to increase by 14% in 2025 to 55,000 MT (CWE). This is driven by forecast growth in domestic production and the continued weakness of the Australian dollar against the U.S. dollar, which enhances Australia’s pork export competitiveness.

In 2024, six key Asian markets accounted for 89% of Australian pork exports. Singapore remains the largest export destination. Five of Australia’s top six export markets have experienced growth in volume over the past five years, while exports to Papua New Guinea have remained stable.

March 18, 2025/ USDA/ United States.
https://apps.fas.usda.gov

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