Good performance from the poultry sector

According to the latest market report of the Agricultural Economics Research Institute (AKI), the European Commission forecasts that the EU’s poultry meat production will keep growing until 2030. Between January and October 2018, the EU’s poultry meat import increased by 1 percent to 688,000 tons, while the poultry meat export grew by 7 percent to 1.5 million tons.

The Central Statistical Office (KSH) reported that in the same period Hungary’s poultry meat import dropped 3 percent to 58,000 tons, and our poultry meat export jumped 20 percent to 184,000 tons.

In December 2018 the production price of slaughter pig was HUF 444/kg (without VAT and transportation costs), 2 percent less than a year earlier. The European Commission expects the EU’s pork production to be around 23.8 million tons until 2024, which will later decrease a little to 23.6 million tons by 2030. //