Swine production in Thailand is expected to reach 12-13 million head in 2022, down 35-40% from the average annual production of around 19-20 million pigs prior to the African swine fever outbreak.
The reduced swine production has put upward pressure on swine prices since 2019. Farm-gate prices of hogs and retail prices of pork meat increased to record levels in January. Farm-gate prices of hogs in January 2022 increased to 96 Baht/kilogram ($2,885/MT), up 27% from the same period last year. Meanwhile, retail prices of pork meat increased to 190-200 Baht per kilogram ($2.6 - 2.7/lb), up 23% from the same period last year. Average retail prices of pork meat in 2022 are expected to increase around 30% from 2021 due to limited supplies of swine during the ASF outbreak.
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