Abstract: In 2025, Chinese hog industry was situated in a critical phase of cyclical adjustment and structural transformation. The market exhibited core characteristics of "fluctuations at low price levels, a trend toward supply-demand balance, and accelerated structural optimization," with technological innovation serving as the primary driving force for the high-quality development of the industry. Based on data from the National Bureau of Statistics, the Ministry of Agriculture and Rural Affairs, the General Administration of Customs, and industry monitoring sources, this study systematically analyzed the price trends, supply and demand structure, cost-benefit status, and import and export dynamics of Chinese hog market in 2025. Furthermore, it examined technological development trends in key areas such as genetic improvement, nutrition and feed, and disease prevention and control. Finally, combining these findings with the characteristics of market operations, targeted recommendations were proposed to provide a reference for industry decision-making and practice.

Key words: 2025, pig market, price trends, supply and demand structure, technological trends