The analysis of fresh pork prices in Hungary from 2011 to 2020 shows fluctuating trends. Prices increased from 2.83 to 3.55 Euros per kilogram, with noticeable fluctuations. Between 2019 and 2020, there was a significant year-on-year increase of 16%. Over the past two years leading to 2020, an upward trend is observed, averaging a compound annual growth rate (CAGR) of 3.8% over the past five years. By 2023, fresh pork prices stood around 3.75 Euros per kilogram.
Future trends to watch include:
- Potential impacts of climate change on pork production.
- Changes in consumer preferences towards plant-based alternatives.
- Shifts in trade policies affecting pork imports and exports.
