Panama: Pig Slaughter Falls 10%

Between January and November of this year, pig producers slaughtered 486,500 pigs, 10% less than reported for the same period in 2018.

Thursday, December 19, 2019

Figures from the latest report by the General Comptroller of the Republic detail that the slaughter of pigs in Panama has been registering a downward trend towards the closure of each year since 2017.

Producer Eric Velazquez, who is part of the National Association of Pig Farmers (Anapor), told that "... 'this year (2019) was difficult at first, the situation improved in the middle of the year, and the situation was so strong that many colleagues left the activity; however, everything changed at the end, because those of us who are still standing are reaping the investment."

You may be interested in "Central America Consumes More Pork Meat"

One of the bets of the Panamanian pork sector for next year is the entrance to the Chinese market, since they recently received the authorization to export meat and sausages to the Asian giant.

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Pork Production up to March 2018

May 2018

Between January and March of this year, 130 million kilograms of pork were produced in Panama, and the price per pound paid by consumers exceeded $4.25.

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Pork: Outlook for 2018

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The guild of pig farmers in Panama estimates that due to a drop in the price, the sector could register this year a slight contraction compared to 2017.

Entrepreneurs in the sector explained that, despite the fact that in the first month of 2018 pig slaughter grew by 6% compared to January 2017, this year a slight downward correction is expected with respect to the figures reported last year.

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