The quantity of pork sold on the international market decreased by 10 percent, while its value increased by 18 percent

By: STA Date: 2023. 08. 22. 11:00

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According to an August analysis by the United States Department of Agriculture (USDA), US pork production may decrease by 1 percent in the third quarter of 2023 compared to the amount produced in July-September 2022. USDA experts expect an 8 percent decrease in the producer price of fattening pigs in the comparison examined.

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According to data from the European Commission, in January-April 2023, the European Union sold 15 percent less (1.5 million tons) of fresh, frozen and processed pork on the international market than in the same period of 2022.

Prices have increased at home

According to AKI PÁIR data, the producer price of domestically produced slaughter pigs, excluding VAT and transport costs, was HUF 945/kilogram of carcass hot weight in July 2023, which represented a 27 percent increase compared to the average price a year earlier. The processing sales price of cut pork (loin, ribs, thigh) was 31 percent higher in the same comparison. According to KSH data, the consumer price of short loin increased by 21.5 percent and pork leg by 6 percent at the same time.

AKI PÁIR