Foreign pork is pouring into Hungary, but where does domestic pork look?

Published 2021년 9월 7일

Tridge summary

Hungary's pork trade dynamics from 2005 to 2019 revealed a notable increase in exports by 69% and imports by 122%. Exports peaked in 2010 at 174.3 thousand tons, only to experience fluctuations thereafter, never reaching the initial high again. Imports, on the other hand, saw a decrease from 2005 to 2007 but surged from 2008 to 2013, even surpassing exports in 2013. Consumption by Hungarian households increased by 2 kilograms per year from 2002 to 2019, until the pandemic hit in 2020 and led to a significant drop in pork and meat product foreign trade. Despite the challenges, the trade balance was positive in 2020, with exports and imports standing at nearly 150 thousand tons and 130 thousand tons, respectively. In response to the difficulties, the Meat Association has launched a campaign to boost consumption.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In 2019, 197 thousand tons of pork and pork products were imported to Hungary, and exports reached 173.3 thousand tons. According to the CSO, the MTVA Press Archive and the MTI, in the period from 2005 to 2019, pork exports increased by 69%, while imports increased by 122%. Exports increased steadily from 2005 to 2010, between 2009 and 2010, reaching a peak of 174.3 thousand tonnes. From 2010 onwards, there was a slight decrease and then a more serious decrease, during which pork exports commuted between 154.4 thousand tons and 173.3 thousand tons. Imports of pork showed a declining trend between 2005 and 2007, but increased steadily from 2008 to 2013, and even exceeded exports in that year. Between 2013 and 2017, exports were again stronger, but exports have been steadily strengthening since 2015, and in 2018 they again outpaced exports. According to the latest data, the consumption of pork by Hungarian households increased by 2 kilograms between 2002 and 2019. However, the year ...
Source: Agrarszektor

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