Vietnam imported over 140,000 tons of pork in 2020
|Recipe: ‘Thit kho tau’ (Caramelized pork and eggs) for Lunar New Year|
|Russian firm plans to build US$1.4 billion pork-processing complex in Vietnam|
|Racoon spends over 30 days in shipping container from US to Vietnam|
Vietnam imported 141,140 tons of fresh, frozen or chilled pork last year, worth $334.4 million.
Illustrative photo: VNExpress
According to data from the General Department of Customs, Vietnam imported 141,140 tons of fresh, frozen or chilled pork last year, worth $334.4 million. The average price of pork imported to Viet Nam’s ports was about US$2.2 per kilo, equivalent to VND50,000, VNExpress reported.
Compared to 2019, pork imported to Vietnam soared by 382% in volume and more than 500% in value. The country mainly imported pork from markets such as Brazil, Russia, Poland, the U.S, Canada, etc. In which, Brazil accounted for the largest proportion (24.5%), reaching more than 34,600 tons.
According to the Ministry of Agriculture and Rural Development, Vietnam has approved for 24 countries to export meat and meat products of cattle and poultry to the nation. In which, more than 800 enterprises from 19 countries have been allowed to export pork and pork products to Vietnam.
In 2020, Vietnamese enterprises imported 43,322 breed pigs of all kinds, mainly from Thailand, Canada, the U.S, Denmark and Taiwan. In which, the number of “great grandparents” pigs was 1,383, “grandparents” pigs reached 4,227, and “parents” pigs stood at 37,712.
The price of live pigs currently fluctuates in the range of 80,000 - 84,000 VND (US$3.5 – US$3.67) per kg
In January, the live hog price rose in many provinces across the country due to an increase in the consumption demand. The price of live pigs currently fluctuates in the range of 80,000 - 84,000 VND (US$3.5 – US$3.67) per kg, up 3,000-5,000 VND (US$ 0.13- US$ 0.22) compared to the end of December last year.
As usual, the consumption demand for pork before and after the Lunar New Year tends to increase sharply, leading to an increase in the live hog prices. In addition, the market is short of supply as the livestock industry has encountered many difficulties caused by the Covid-19 pandemic, along with African swine fever, floods in the Central region, etc are among reasons that can make the live hog prices from now until the Lunar New Year difficult to reduce.
To ensure the supply and stable price of pork for the upcoming Lunar New Year, the Ministry of Industry and Trade said that many firms have prepared raw materials early as well as planned to ramp up to bring their products to the market right before Tet. The distribution enterprises have also implemented many price stabilization programs with commitments to supply quality pork at a stable price to consumers.
The ministry forecasts during this Tet holiday, the demand for livestock products, especially meat and eggs will increase by 5-10% compared to the average level. In particular, the demand for meat of all kinds is expected to reach about 250,000 - 350,000 tons a month.
Imported pork is conquering domestic market
According to statistics of the Department of Animal Health, volume of imported pork and related products reached of 93,248 tonnes during the opening seven months ...
Pork in Vietname paid five time higher than in America
From the beginning of July, the wholesale price of lean pork at Hoc Mon Agricultural Product and Food Wholesale Market has been on average US ...
Vietnam pork prices climbed high as supply refuses to rise
The price of pork today has soared in many localities in Vietnam . Notably, the North recorded a selling price of 105,000 VND/kg (US$ 4.51).