The selling price of pork shoulder rose by 8 percent
According to KSH data, Hungary’s live pig exports increased by 60 percent (3.2 thousand tons) in January 2024 compared to January 2023. The main partners were Romania, Austria and Albania. Imports of live pigs increased by 5 percent to 6.3 thousand tons, Slovakia, Croatia, Germany and the Czech Republic being the largest suppliers.
The quantity of pork sold on the international market increased by 34 percent (13 thousand tons), and its value increased by 38 percent during the observed period. Most of the pork was shipped to Romania, Italy and Croatia. The volume of pork imports increased by 14 percent (14 thousand tons), and its value was 29 percent higher.
More than two-thirds of the pork came from Germany, Spain, Austria and Poland
According to AKI PÁIR data, the producer price of domestically produced slaughter pigs, excluding VAT and transport costs, was HUF 860/kilogram of carcass hot weight in March 2024, an increase of 8 percent compared to the average price a year earlier. While the processing sales price of cut pork (loin, ribs, thighs) was 1.8 percent lower March 2024 compared to the same month of 2023.
AKI PÁIR
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