China's swine inventory has recovered to near-normal levels, but supplies of pork are lagging, according to preliminary 2020 data released by the country's National Bureau of Statistics.
The inventory of swine at the end of 2020 was 406.5 million head, up 31 percent from 2019 and not far from the average since 2000. The number of hogs slaughtered during 2020 was 527 million, down 3.2 percent from 2019 and still far below the 694 million slaughtered in 2018. The slaughter number was China's smallest since the year 2000.
|Source: data from China National Bureau of Statistics.|
|Source: China National Bureau of Statistics data.|
|Source: Calculations based on China National Bureau of Statistics data.|
|Source: China Ministry of Agriculture and Rural Affairs.|