Germany: Pork Production in Decline - Eroding Soybean Meal Demand

  |   Attaché Report (GAIN)

Germany has long been a leader in the global pork sector and is currently the world’s second-largest pork exporter after the United States. In 2018, Germany became the largest pork exporter by value to China. Despite this export success, domestic demand for pork is waning and production has declined, with German swine herd numbers reaching near 20-year lows. This decrease in domestic pork production has led to a corresponding decline in demand for pig feed—a vital component of which is soybean meal. As the top exporter of commodity soybeans to Germany, the US will likely encounter a decrease in soy demand from the German pork sector in the near term.

Germany: Pork Production in Decline - Eroding Soybean Meal Demand

Related Reports

Attaché Report (GAIN)

United Kingdom: Sustainable Aviation Fuel in the UK

As part of a broad push towards reducing carbon emissions in the aviation sector, the newly elected Labour government is seeking to bolster the United Kingdom’s (UK) Sustainable Aviation Fuel (SAF) industry, which builds on initiatives and policies...
On October 30, the Department for Business and Trade (DBT) extended over 220 voluntary tariff suspensions announced following the 2021 and 2023 application periods, through June 30, 2026. The announcement synchronizes multiple expiration periods...
The European Commission will allocate €132 million (approximately $138 million) towards promotion activities for EU agri-food products in 2025.