Fernando Ortiz, Genesus Ibero-America Business Development Manager
Pork and beef: per capita consumption on the rise
During 2024, Mexico increased per capita consumption of beef and pork by 4.5% year-on-year. While the southeast of the country showed notable growth in pork, the northern region led in beef.
Pork imports
Pork imports from the United States reached their highest level of the year, with a total of almost 62,000 tons sold. This rebound responded to strong demand from Mexico and China, driven by a positive trend during the final weeks of the business year.
According to the Daily Livestock Report, pork shipment volumes doubled their usual average in November, which had been 26,600 tons. Mexico was the main buyer, with 15,335 tons purchased, which represents an increase compared to its recent weekly average, in addition to reserving 8,720 tons for 2025.
On the other hand, with the arrival of a new administration in the United States in 2025, the country has begun to prepare to face possible changes in the economic and political landscape, such as the imposition of tariffs by the United States.
From the meat industry, Mexico’s plan is to strengthen trilateral trade agreements and avoid measures that reduce profitability compared to other regions of the world.
Liveweight hog prices
The Mexican pork industry ends the year with a slight decrease in the average price of liveweight pigs. Compared to the previous year, 2023, which marked an average price of MX$40.93/kg ($0.92/lb), in the current year 2024 is MX$39.56 ($0.88/lb).
The average national price for this week is MX$47.29 ($1.07/lb)
The following is a quick x-ray of what the behavior of the pork market in Mexico has been during the last year 2024
Minimum Price MX$28.21/kg ($0.63/lb)
Maximum Price MX$54.00/kg ($1.21/lb)
Average Price MX$39.56/kg ($1.96/lb)
From the Genesus team we wish all our readers an excellent and prosperous 2025.
