Key Market Indicators
Latvia's pig production is projected to drop by 2.7% annually, from 73,000 heads in 2021 to 62,170 by 2026. Since 1997, supply has been on a continuous decline, with the country falling to 92nd place in the global rankings in 2021. Liberia has now overtaken Latvia, with 73,000 heads. The United States Virgin Islands, Brazil, and Spain came in 2nd, 3rd, and 4th respectively. Pork consumption in Latvia is predicted to grow by 0.9% annually, from 86 thousand metric tons in 2021 to 91 thousand metric tons in 2026. Demand has been growing steadily since 2017, at a rate of 0.8% annually.
