The number of pigs would be doubled from 666 billion HUF in seven years
According to the pork industry strategy of the Ministry of Rural Development (VM) a total of 666 billion HUF additional development resources would be needed beside the current funding level to increase the number of pigs from the current 3 million to 6 million.
The additional three million pigs would increase the output of the pig sector by 180 billion HUF, so the gross production value of the Hungarian food industry’s output would increase by 225 – 250 billion HUF, or by 13.5 percent. Thus, the national economy’s gross output would increase by 0.9 percent, while the country's GDP would increase by 0.5 percent – the Ministry of Rural Development (VM) estimates. (agromonitor.hu)
Related news
Related news
In June, the annual decline in producer prices slowed down in Germany
In Germany, producer prices fell by 1.6 percent year-on-year in…
Read more >Rural accommodations closed a stronger half year than last year
The momentum of tourism in 2023 will continue to make…
Read more >Munch is now available in every Auchan store
From the beginning of May you can get the three…
Read more >