KUALA LUMPUR - Consumers in Malaysia may have to turn to chicken meat after pork prices doubled in the last 15 months and could rise further as local farmers cut production.
Malaysia exports frozen pork and live pigs to Singapore. In 2021, it exported 98,400 live pigs worth RM109.45 million, but did not give the breakdown by country. Consumers could switch to a cheaper source of meat, he said in an e-mail interview, with the government “confident that there is enough supply of chicken throughout 2023”.for more than a year, with the government allowing in more imports to mitigate rising prices and meet domestic demand.
The output of pigs in Malaysia has fallen to 1.6 million in 2022, from 1.9 million in 2018, as higher animal feed prices resulted in farmers cutting back on production, according to livestock statistics from the Department of Veterinary Services. “In the next three months, we expect prices to stabilise before increasing further. More consumers will shun pork and shift to other meats such as chicken,” he told ST.
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