Between 2011 and 2021, the price per kilogram of fresh hams, pork shoulders, and other pork cuts in Lithuania demonstrated a generally rising trend with some fluctuations. The price peaked in 2019 at 3.38 euros/kg and saw a significant decline to 2.83 euros/kg in 2021. The average annual change over the last five years, from 2016 to 2021, shows a moderate increase, indicating steady growth in the market despite short-term volatilities.
Year-on-year, the largest decrease occurred between 2019 and 2021, influenced by market disruptions or changes in demand and supply dynamics. Looking ahead, stakeholders should monitor:
- Pandemic recovery impacts on pork supply chains.
- Economic conditions influencing consumer purchasing power.
- Global pork market trends and their potential influence on local pricing.