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Sunday 18.08.2019 | Name days: Liene, Helēna, Elena, Ellena, Liena
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Pork prices in Latvia increase 10.5% over the course of a month

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In May 2019, pork prices in Latvia increased 10.5% when compared to April and were 33.1% higher when compared to May 2018, according to data compiled by Latvian Agriculture Ministry’s Market and Direct Support Department.

At the same time, the price of port in the European Union was 3.8% higher when compared to April. In Lithuania, the price of pork was 10.6% higher in May than it was in April. The price in Denmark was 7% higher than it was in April, 5% higher in Estonia, 3.6% higher in Germany and 1.5% higher in Poland when compared to the fourth month.

Over the course of the year, pork price has increased 29.9% in Denmark, 29.1% in Poland, 27.7% in Lithuania, 25.6% in Germany and 9.2% in Estonia.

The average price of a pig carcass in the EU was EUR 172.6 per 100 kg in May. The prise in Latvia was EUR 187.5 per 100 kg. At the same time, the average price of a pig carcass in Estonia was EUR 156.8 per 100 kg, EUR 165.2 per 100 kg in Denmark, EUR 178.1 per 100 kg in Poland, EUR 182.1 per 100 kg in Germany, EUR 181.1 per 100 kg in Lithuania.

Agriculture Ministry notes that the situation on the pork market is affected by the China-USA trade talks.

EU pork import volumes have declined 8.4% between January and April 2019. Import volumes have declined from China (by 54%) and Switzerland (by 29%) and have increased from Norway (by 38%) and Serbia (by 47%).

In the EU, export volumes have increased 13.2%. Exports have increased to several third countries, including China (+42%), Japan (+10%), South Korea (+7%), the Philippines (+6%). Because of the crisis caused by the African swine fever, China is forced to import pork. According to European experts, exports of pork to China could continue increasing in the future, the ministry adds.


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  1. Justs says:

    Better plant the potato fields again because the E.U. is going to starve your children to death with hyper inflation. You’ll be paying German prices on Latvian wages. Adopting the Euro currency was the worst mistake Latvia ever made. Maybe you can drive to Poland and buy food in the Zloty which you can actually afford…or maybe to Russia to shop in Rubles. History may not repeat but it sure rhymes.

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