Key Market Indicators
In 2021, Hungary was number 35 in pork consumption, Italy overtook with 539 Thousand Metric Tons. India, Germany and Japan respectively came in numbers 2, 3 and 4 in this ranking. Hungarian pig production is set to decrease by 3.1% year on year, from 625,830 heads in 2021 to 520,010 heads by 2026. Since 1966, the country has experienced a year on year decrease of 4.3%. In 2021, Hungary ranked 40th in pig production, while Chile took the lead with 625,830 heads. The United States Virgin Islands, Brazil and Spain came in at 2nd, 3rd and 4th place. Meanwhile, the consumption of pork in Hungary is projected to rise 1.3% year on year, from 539 thousand metric tons in 2021 to 583 thousand metric tons by 2026. Since 2017, demand has been increasing at a rate of 1.2% year on year. In 2021, Hungary was 35th in terms of pork consumption, while Italy was the leading country with 539 thousand metric tons. India, Germany and Japan followed in 2nd, 3rd and 4th place respectively.