Development of China's Swine Industry in 2023 and Future Development Trends
This paper comprehensively examined the current status of China's pig industry in 2023 and delved into its development prospects for 2024 to 2025,considering various economic,policy,and market factors.Over the past year,the Chinese pig industry had confronted multiple challenges,including overcapacity,the weakening of traditional pig cycle characteristics,the increasing prominence of financial product attributes,and escalating costs,which had exacerbated the difficulties faced by farming enterprises.Looking ahead to 2024 to 2025,this paper conducted a comprehensive analysis of multiple factors such as capacity adjustment,macroeconomic con-ditions,corporate profit expectations,and market dynamics.The study found that with the gradual optimization of production capacity,the supply and demand balance in the pig market was substantial improvement in 2024,laying a solid foundation for the rise in pig prices.Simultaneously,stable economic growth,a gradual rebound in consumer demand,and the anticipated reduction in farming costs would collectively drive the profitability enhancement of the pig industry.Furthermore,based on an in-depth analysis of market trends,this paper anticipated that pig prices were poised to stabilize and rebound in the second quarter.To better address industry changes and market challenges,this paper proposed strategic suggestions such as innovating the market monitoring and early warning system and strengthening the deep integration of finance and the pig industry,aimed to provide scientific evidence and valuable references for relevant policy formulation and decision-making.
pigpricemarkethog cyclepig futuresdevelopment trendsmonitoring and early warningindustrial integration