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Once again this year, thanks to the collaboration of 333 users, we can determine the pig price expectations for the year 2025 in 16 markets across three different continents. To this end, we launched a survey at the beginning of the year asking what they expected the average price for the year to be. The results are shown in the graph below.
Comparing the pig price forecasts made by 333 users to the average prices in 2023 and 2024, we find divergent expectations by continent. European countries expect lower prices than in the two previous years, while in the Americas, all the countries analyzed expect higher prices than those in the comparison period. On the other hand, in Asia, forecasts are more varied, with expectations rising or falling depending on the country.
Although we must make conclusions with caution, since we have little data available for some markets, we can say that, in Europe, most participants in the European Union countries and the United Kingdom, expect prices to be lower than in the two preceding years, with a decrease of between 1% and 6% compared to 2024, depending on the market. Note that in 2023 and 2024, there were record prices in all these countries, with record highs in 2023 and very high prices in 2024, which were the second highest in history.
In contrast, in the Americas, the majority of survey participants expect higher prices than in 2023 and 2024. The countries with the most responses, Mexico and Colombia, expect prices to be about 10% higher than in 2024. Although participation in Brazil and Argentina was low, 94% of the participants expect rising prices.
In Asia, we have very different scenarios: while forecasts for the Chinese market are downward, 12% lower than in 2024 and very close to the 2023 average, those for the Vietnamese market are upward, 11% higher than in 2024 and 26% higher than in 2023.
Russia expects higher prices than in the two preceding years, which, if they materialize, would be an all-time high for this market.
333 Staff
