Germany released the latest data: 1,900 pig farms closed down, and the number of pigs dropped to 21.3 million?

Just on Sunday (25th), according to the latest data released by the German Statistical Office (Destatis), Germany's pig herd has shrunk to an all-time low. German industry.

According to the report, due to the continued difficult economic situation, the number of German pig stocks and pig farms has declined. Of course, the sharp rise in energy, fertilizer and feed costs has also pushed up the production costs of live pigs.

In terms of specific data, as of the beginning of November, the number of live pigs registered in Germany was 21.3 million, a year-on-year decrease of more than 10%, and a decrease of nearly 20% compared with 2020 , setting a record low, as shown in the following figure:

Not only the number of live pigs, German pig farms have also "closed down" a lot.

In terms of specific data, following the reduction of 1,600 farms between 2020 and 2021 , Germany has also lost 1,900 pig farms this year.

Of course, the reduction in the number of hogs and pig farms has also increased the cost of producing all meat in Germany by almost 47% compared to the same period last year.

Undoubtedly, energy costs (in Germany) are not the only problem for pig farmers.

For example: the current outbreak of African swine fever in eastern Germany, coupled with the decline in exports to China, are both causing headaches for German hog producers.

In this regard, Marc Schattenberg, a senior economist at the research department of Deutsche Bank, said that as many as 2 million workers in Germany may be laid off next spring as their employers struggle to cope. High energy prices and potential natural gas shortages.