Meet Abi
Abi will answer all Pork related
procurement queries with relevant data points
Abi - AI powered digital procurement assistant
Discover Market Info
Get up-to-date market and supplier info on Pork to help you build
Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices
Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices
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Assess Supplier Risk based on key risk and compliance parameters
Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.
Supplier assessment is powered by world’s leading data partners including D&B, CreditSafe, Dow Jones, Refinitiv, Orpheus
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Identify right fit suppliers based on your selection criteria including revenue, capabilities, certification, geography
Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings
Assess Category Performance
Benchmark your category performance against peers and the market
Measure category performance on 15 key parameters across cost, risk and strategy KPIs
Source Market Indices
Get information on key factors affecting your supply
Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics
Meet Abi
Discover Market Info
Manage Risk
Find Suppliers
Assess Category Performance
Source Market Indices
Abi will answer all Pork related
procurement queries with relevant data points
Abi - AI powered digital procurement assistant
Get up-to-date market and supplier info on Pork to help you build
Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices
Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices
Assess Supplier Risk based on key risk and compliance parameters
Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.
Supplier assessment is powered by world’s leading data partners including D&B, CreditSafe, Dow Jones, Refinitiv, Orpheus
Identify right fit suppliers based on your selection criteria including revenue, capabilities, certification, geography
Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings
Benchmark your category performance against peers and the market
Measure category performance on 15 key parameters across cost, risk and strategy KPIs
Get information on key factors affecting your supply
Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics
61.7 MMT
Category Intelligence on Pork covers the following
Q1 and early Q2 witnessed a sharp decline in North American pork processing capacity due to COVID-19 pandemic. Pork processing speed was reduced due to closing of processors to prevent disease transmission.
However, early June witnessed US pork processing rebound to near 2019 levels.
Further, June also witnessed larger shipment of Pork to China, close to 0.129 MMT
The 2020 hog price forecast is reduced on current price weakness and supply pressure. The 2021 hog price forecast is also reduced on higher hog supplies.
Pork market depends on the demand from recovering markets, like Brazil, since the consumption levels in China are likely to reduce in 2018.
Pork production relies on the global consumption levels. Pork demand in China is likely to reduce in FY 2018, due to a shift in demand for beef and poultry, since the increase in the per capita income.
Procuring from US, EU or Russia is feasible since the production levels are high. Prices in EU are lower with regard to exports, owing to the abundance in supply.
Pork is majorly produced and in China, due to the increasing trend for consuming a healthy diet. Major pork by product are also located in China, since the Chinese are not picky and use almost all parts of the pig or hog for consumption purposes.
Exports to China likely to rise in the short term, due to the sudden surge in demand for pork and processed pork products.
About 1–2% decrease in the production of pork in 2018 is expected, since the consumption is likely to decrease, due to a shift in the demand to other meat products.
Abundance in supply for export and comparatively low prices make EU one of the best sourcing destinations for pork.
No major growth or decrease is expected in production or consumption in the year 2018.
Pork
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