In 2024, after three years of growth, there was significant decline in the Canadian pork market, when its value decreased by -5.8% to $4.2B. The market value increased at an average annual rate of +1.3% from 2012 to 2024; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $4.4B, and then fell in the following year.

The average retail price for one kilogram of pork chops was 12.52 Canadian dollars in February 2022 in Canada. Monthly prices have gradually decreased within the given time period. A high of 13.26 Canadian dollars per kilogram was recorded in October 2015, whilst prices did not rise above 12.6 Canadian dollars throughout the whole of 2020.

The Canadian pork market

The volume of pork produced in Canada has steadily increased over the past four years, reaching around 2.3 million metric tons in 2020. More than half of this volume was exported in the same year . Unsurprisingly, the United States was Canada’s biggest pork trading partner in 2019, receiving approximately 319,000 metric tons, followed by China and Japan in second and third places.

Pork consumption

Despite increasing pork production in Canada, consumption is declining. In 2020, it was estimated that per capita consumption reached around 24.5 kilograms, a decrease in over 10 kilograms since the 1980s.

Get statistical data on weekly hog prices in Ontario. Data includes: * swine prices * swine margin * hog price and futures Statistical data are compiled to serve as a source of agriculture and food statistics for the province of Ontario. Data are prepared primarily by Statistics and Economics staff of the Ministry of Agriculture, Food and Agribusiness, in co-operation with the Agriculture Division of Statistics Canada and various government departments and farm marketing boards.

Historical Manitoba market hog prices and the United States (US) ISO weaner and feeder hog sectors presented in interactive tables.These interactive charts illustrate prices paid for market hogs in Manitoba and iso-wean and feeder pigs in the United States (U.S.) for the last ten years. The prices can be displayed by week or by month for one or more years. For hog price report definitions and calculations, click here. Manitoba market hog prices are collected from major processors in Manitoba, compiled and released weekly by Manitoba Agriculture and Resource Development (ARD). Manitoba market hog prices are weighted by the volume of hogs processed, and averaged monthly. United States (U.S.) iso-wean and feeder pig prices are sourced from the United States Department of Agriculture (USDA) and presented in Canadian dollars (C$) using the Bank of Canada exchange rate. Monthly U.S. iso-wean and feeder pig prices are a simple average of the weekly U.S. total composite weighted average prices.

The consumer price index of fresh or frozen pork in Canada stood at ***** points in 2024. Between 1979 and 2024, the consumer price index rose by ***** points, though the increase followed an uneven trajectory rather than a consistent upward trend.

Pork Price in Canada - 2023. Find the latest marketing data on the IndexBox platform.

Market pork prices in Manitoba and prices for the ISO weaning and feeder pork sectors in the United States (US) presented in interactive tables. These interactive tables illustrate the prices of market pork in Manitoba and the ISO weaning and feeder pork sectors in the US for the current year and previous years, as well as the average prices over the past five and ten years. Prices can be shown per week or per month. Market pork prices in Manitoba are collected from major processors in the province, compiled and published weekly by the Department of Agriculture and Resource Development. Market hog prices in Manitoba are weighted by the volume of hogs processed and averaged on a monthly basis. Prices in the ISO weaning and fattening pork sectors in the US come from the United States Department of Agriculture (USDA) and are presented in Canadian dollars (CAD) using the Bank of Canada exchange rate. The monthly prices in the ISO weaning and fattening pig sectors in the US are a simple average of the total of the weekly composite weighted average prices in the US. Average prices over the past five and ten years are calculated as simple averages of weekly or monthly prices.

After two years of decline, overseas shipments of frozen hams, shoulders and cuts of pig meat increased by 4.5% to 98K tons in 2023.

View monthly updates and historical trends for Canada Average Retail Price of Pork Chops. Source: Statistics Canada. Track economic data with YCharts anal…

In February 2025, the average export price for fresh or chilled pig meat other than cuts or carcases amounted to $3,761 per ton, picking up by 5.4% against the previous month.

Manitoba market hog prices and United States (U.S.) iso-wean and feeder pig prices shown weekly and monthly for current and previous years. This table contains weekly and monthly prices paid for market hogs in Manitoba and iso-wean and feeder pigs in United States (U.S.) in current and previous years, as well as average prices for five and 10 previous years. For hog price report definitions and calculations, click here. Manitoba market hog prices are collected from major processors in Manitoba, compiled and released weekly by Manitoba Agriculture and Resource Development (ARD). Manitoba market hog prices are weighted by the volume of hogs processed, and averaged monthly. United States (U.S.) iso-wean and feeder pig prices are sourced from the United States Department of Agriculture (USDA) and presented in Canadian dollars (C$) using the Bank of Canada exchange rate. Monthly U.S. iso-wean and feeder pig prices are a simple average of the weekly U.S. total composite weighted average prices. Average five and 10-year prices are calculated as simple averages of weekly or monthly prices. Fields included (Alias (Field name): Field description.) Period (Period): period of time to be presented on charts from the selection of Monthly and Weekly; ; PeriodNo (PeriodNo): serial number of period (1-12 for monthly presentation, 1-52 for weekly presentation); Hog category (Hog category): category of animals from the selection of U.S. feeder pigs, U.S. iso-wean pigs, Manitoba market hogs; Previous year price (Previous): animal price in corresponding period of previous year*; Current year price (Current): animal price in corresponding period of current year*; 5-year average price (Average5): animal price in corresponding period averaged over last 5 years (excluding current year)*; 10-year average price (Average10): animal price in corresponding period averaged over last 10 years (excluding current year)*. *(C$ per head for U.S. feeder pigs and U.S. iso-wean pigs, C$ per 100 kg for Manitoba market hogs)

Historical Manitoba market hog prices and United States iso-wean and feeder pig prices represented as interactive charts. These interactive charts illustrate prices paid for market hogs in Manitoba and iso-wean and feeder pigs in the United States (U.S.) for the last ten years. The prices can be displayed by week or by month for one or more years. For hog price report definitions and calculations, click here. Manitoba market hog prices are collected from major processors in Manitoba, compiled and released weekly by Manitoba Agriculture and Resource Development (ARD). Manitoba market hog prices are weighted by the volume of hogs processed, and averaged monthly. United States (U.S.) iso-wean and feeder pig prices are sourced from the United States Department of Agriculture (USDA) and presented in Canadian dollars (C$) using the Bank of Canada exchange rate. Monthly U.S. iso-wean and feeder pig prices are a simple average of the weekly U.S. total composite weighted average prices.

In December 2022, the FOB (Canada) frozen pork cut price was $1,921 per ton, down -1.5% compared to the prior month.

The Canadian pork industry has seen significant growth since 2020, with revenue climbing at a CAGR of 2.3% to reach an estimated $8.5 billion after growing 11.7% in 2025. Much of the industry's revenue growth has been driven by surges in domestic pork sales led by rapid population expansion. Consistent upticks in red meat prices have also bolstered farmers' cash receipts. However, tapering population growth in 2025, marked by a slowdown in immigration targets, stands to put a damper on this momentum. Competition from poultry and plant-based proteins has also remained fierce, particularly as poultry meat prices fall from earlier peaks. The emphasis on premium pork products amid changing consumer dietary preferences continues to shape the hog market, balancing the challenges to demand that have come from declining per-capita consumption in 2024 and 2025. Feed costs have significantly influenced the industry's cost structure. After experiencing a steep increase due to global supply chain disruptions in 2022, costs have stabilized, allowing producers some relief and steadier profit. This stabilization has enabled investments in efficiency and technology to limit the impact of future price spikes. Nonetheless, looming labour shortages pose a considerable challenge for the industry. Although wage pressures have been largely mitigated in the current period, projections indicate that labour issues will escalate, potentially leaving a dent in production and expansion capacity. The anticipated scarcity of skilled workers is expected to drive automation, wage increases and reliance on temporary foreign labour, straining operational costs as the industry strives to maintain competitiveness. Looking forward, revenue is forecast to grow at a CAGR of 1.7% through 2030, reaching $9.2 billion. This slower growth rate reflects ongoing declines in domestic per capita consumption, with pork demand expected to decrease due to increasing health consciousness and competition from alternative proteins. Red meat prices are poised to continue their upward trend, which will boost revenue but also risk pushing some price-sensitive consumers further towards poultry and plant-based alternatives, particularly as the prices for these products drop. The industry's future growth will increasingly rely on export markets, necessitating greater resilience to trade fluctuations and regulatory challenges. To gain an edge, producers are likely to focus on differentiation through organic and ethically produced pork.

Monthly average retail prices for selected food products, for Canada and provinces. Prices are presented for the current month and the previous four months. Prices are based on transaction data from Canadian retailers, and are presented in Canadian current dollars.

The Canadian fresh pork cut market amounted to $X in 2022, almost unchanged from the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Monthly average retail prices for selected products, for Canada, provinces, Whitehorse and Yellowknife. Prices are presented for the current month and the previous four months. Prices are based on transaction data from Canadian retailers, and are presented in Canadian current dollars.

The average retail price of bacon in Canada hit an all-time high of **** Canadian dollars per *** grams in December 2021 and again in August 2022. This price has decreased as of March 2024 to ****.
American vs. Canadian bacon Bacon is a pork product which is commonly smoked or cured and eaten as a breakfast item. Bacon eaten in Canada, otherwise known as back bacon, is different to its American counterpart - American bacon, or streaky bacon, comes from the belly of the pig, whilst Canadian bacon comes from the pork loin. There is a difference in appearance as well as in taste, with American bacon containing a lot more fat than its leaner counterpart. Pork industry in Canada The volume of pork produced in Canada amounted to around *** million metric tons in 2022, this is an increase of over ******* metric tons since 2010. Whilst production has increased over time, consumption has gradually decreased . Pork consumption in Canada amounted to an estimated **** kilograms of carcass weight per capita in 2022, almost ** kilograms less than in 1980. Canadian consumers’ views on eating less meat could be one reason for this decrease.

The table represents prices paid for market hogs in Manitoba and iso-wean and feeder pigs in the U.S. weekly and monthly for the current and last 10 years.For hog price report definitions and calculations, click here. Manitoba market hog prices are collected from major processors in Manitoba, compiled and released weekly by Manitoba Agriculture and Resource Development (ARD). Manitoba market hog prices are weighted by the volume of hogs processed, and averaged monthly. United States (U.S.) iso-wean and feeder pig prices are sourced from the United States Department of Agriculture (USDA) and presented in Canadian dollars (C$) using the Bank of Canada exchange rate. Monthly U.S. iso-wean and feeder pig prices are a simple average of the weekly U.S. total composite weighted average prices. Fields included (Alias (Field name): Field description)Year (Year): year from the selection of last ten years including current yearPeriod (Period): period of time to be presented on charts from the selection of Monthly and WeeklyPeriodNo (PeriodNo): serial number of period (1-12 for Monthly presentation, 1-52 for Weekly presentation)Price (Price): Hogs price for the corresponding period of time (C$ per head for U.S. feeder pigs and iso-wean pigs, CAD per 100 kg for Manitoba market hogs)Hog category (Hog category): category of animals from the selection of U.S. feeder pigs, U.S. iso-wean pigs, Manitoba market hogs

This product provides information on Alberta Average Slaughter Hog Prices (Index 100), for an eleven-year period. Annual Average Price; Monthly Average Price in 2012, 2013; and Year-over-year Percent Change(%) are included.