Why Pork Meat Prices Are Suddenly Climbing
Why Has the Price of Pork Meat Products Increased So Dramatically?
In the past couple of years the prices of meat products have begun to increase. Between the years 2020 and 2022, the price of pork meat products has increased by a drastic 27,3%.
Why is that?
Due to the concerns of food affordability and food security, the rise in prices for pork-meat products can be owed to the Covid-19 pandemic.
What Has Driven the Change in Pork Meat Prices?
As we all know, inflation will always have an influence on the price of food products that are sold to consumers. Over the last 2,5% years, the average increase in inflation has been around 13,7%, outside of the pork industry. Within the pork industry itself, the cost of producing and selling pork has increased by 8,4%, while demand factors have increased by 5,2%. The cost of feeding pork livestock has increased, as the prices of corn have increased by 79% and soybean meal has increased by 42% during the last 2,5 years. With the fluctuation of transportation costs, due to fuel prices, this has also had an effect on the price of pork meat, globally.
Although the prices of beef and poultry have also increased over time, this does not have a direct influence on consumers spending on pork meat products. Due to the Covid-19 pandemic, many people around the globe received relief payments, which is seen to likely have increased the demand and purchases of pork. According to research done by PorkBusiness.com, the prices of pork in relation to consumers’ disposable income, is more closely matched than those prices of beef and poultry with consumers’ disposable income. Therefore indicating an increase in pork meat purchases.
Why Choose Van Wyngaardt as Your Online Pork Meat Suppliers?
Even with all the increases in internal and external factors of production, livestock suppliers and more, Van Wyngaardt has been able to remain competitive in the market by offering cheaper wholesale prices on our pork meat products. As an online meat supplier we are able to track the demand of our consumers and monitor our processes accordingly. We offer our pork meat at cheaper and more affordable prices than some of our competitors in the market, but we are also able to offer a wide variety of pork meat products such as bacon, ribs, sausages, footlong sausages, breakfast sausages, hocks and shanks, assorted hams, assorted loaves, eisbeins and smoked pork.
With our online enquiry form, you are able to enquire about all of these products and order large wholesale quantities that can be purchased and shipped directly to your door. If you order with us before 12:00, Monday through Thursday, you’ll receive your order the next day. If you order after 12:00, you’ll receive your order the day after. To avoid overspending on bad quality pork meat, rather choose Van Wyngaardt, where you are guaranteed affordable and high quality pork meat products. Order your bulk meats online today!