Toronto – February 3, 2017 – The pork sector is a vital component of the Canadian agricultural economy. Pork accounts for about 40% of all Canadian meat production. Overall, pork production in 2016 was over 1.9 metric tonnes, a 2.5 percent increase over the previous year. Other important facts about the pork industry:
Canada is the seventh largest producer in the world, behind Vietnam and Russia.
Canadian industry pork production grew at an annual rate of 1.5% from 2000 to 2015.
90% of all pork imported to the U.S. comes from Canada.
Canada is the world’s third-largest pork exporter. The E.U. and the U.S. rank first and second.
Canada’s pork exports to China have significantly increased since 2012. Canada’s share of the Chinese market increased from about 12% in 2012, to about 14% in 2016.
Canada’s pork exports to Japan have carved a market share of about 19%; since 2012, Canadian pork exports have also gained significant market share in Mexico.
According to Statistics Canada, pork exports increased by 7% in November 2016 compared to November 2015, and pork trade was up by 5%, based on January to November 2016 data.
Canadian live hog exports amounted to 5.2 million head from January to November 2016 (1% down compared to the same period in 2015).
The fourth quarter of 2016 was exceptional in terms of both hog and pork marketing. Pork packinghouse levels soared 5% or more above year ago levels.
Total number of Canadian hogs processed in 2016 was 31.5 million head, a record by far.
Source: Kevin Grier – Canadian Pork Market Review – January 6, 2017, www.kevingrier.com