Growth of Latvia's Livestock Industry in 2014

Growth of Latvia's Livestock Industry in 2014

The best immigration news regarding the growth of Latvia's livestock industry in 2014 can be found on the official Worldway website.

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Follow Latvia Investment Immigration to learn about the Latvian economy: Data from the Central Statistical Bureau of Latvia shows that Latvia's livestock industry achieved growth in major product sectors in 2014.

Growth of Latvia's Livestock Industry in 2014

In terms of livestock inventory, as of the end of 2014, the number of cattle in Latvia was 422,000, an increase of 15,500 compared to the end of 2013, representing a growth of 3.8%. Among these, the number of dairy cows increased by 900, a growth of 0.5%, reaching 165,900. Affected by the African swine fever epidemic, the number of pigs in Latvia decreased by 18,100 in 2014, a decline of 4.9%, with a total of 349,400. Pig exports fell by 5.7%, and pig imports fell by 38.6%. By the end of 2014, the number of sheep increased by 7,700 compared to the previous year, a growth of 9.1%, with a total of 92,500. The number of goats decreased by 300, a decline of 2.6%, with a total of 12,300. The number of horses decreased by 600, a decline of 5.6%, with a total of 10,100.

In 2014, Latvia produced 84,300 tons of meat, an increase of 4.9% over the previous year. Of this, beef production was 17,700 tons (accounting for 21%), an increase of 5.8%; pork was 37,000 tons (accounting for 44%), an increase of 3.1%; poultry was 28,700 tons (accounting for 34.1%), an increase of 7%; and other meats were 900 tons, an increase of 1.7%.

In 2014, the purchase price of meat in Latvia (slaughter weight) fell by 12.6%, from 1,772 euros/ton in 2013 to 1,550 euros/ton, with the average purchase price of beef falling by 14.7% and the average purchase price of pork falling by 10.8%.

In 2014, Latvia's milk production (including goat milk) was 971,800 tons, an increase of 6.2%, and the average annual milk yield per dairy cow in Latvia was 5,508 kg/head, an increase of 5.5%. 804,400 tons of milk were purchased within the EU quota, accounting for 83% of total production (the proportion in 2013 was 80.7%). In 2014, the average purchase price of milk in Latvia was 291 euros/ton, a decrease of 4.6% compared to the previous year.

In 2014, egg production in Latvia was 648.3 million, an increase of 3%. The average annual egg production per hen in Latvia was 277, a decrease of 0.4%. In 2014, the average selling price of eggs in Latvia was 6.91 euros/100 eggs, a decrease of 2.9% compared to the previous year.

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