South Korea's pork imports back on pre-pandemic levels
For the first three months of this year, South Korea has increased its pig meat imports (including offal) back to levels recorded before the COVID crisis. The Asia country imported 152,000 tonnes of pig meat by the end of March, which is 41% higher than the volume reported in the first quarter of 2021. Usually, South Korea imports 2 million tonnes of pig meat annually to cover the domestic demand. However, since 2020 imports have declined due to restrictions imposed in front of the pandemic. South Korea's per capita consumption of pork is about 27 kg, while production stood at 1.4 million tonnes last year. For 2022, USDA estimates show that production will remain at the same level. That is good news for the main suppliers of pork in South Korea, which are the US, EU (mainly Spain), Canada and South American countries.
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