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The Hungarian meat industry to collapse?
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The appearance of the African swine fever in Germany can result in severe problems both in the European and the Hungarian meat industry. China already banned German pork products which means that they are going to flood the European markets, causing a significant decrease in the prices and long-lasting headache for most of the farmers.
According to Magyar Nemzet, the African swine fever is harmless on humans, but it is already present in wild boars in Germany. That fact was enough for China to ban all German meat products from its markets. China is one of the most important markets of the pork products since
swine fever killed masses in the country, and authorities did that, as well, to contain its spread.
Tamás Éder, president of the Hungarian Meat Association, confirmed that the German pork products stuck in Europe might cause severe problems for the sector in Hungary, as well. The German prices already started to fall, which can cause a similar effect in Hungary, too, he added.
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On the market of the European Union, pork meat products will be cheap since they will appear in large quantities. However, those countries, that can export their meat products to China can take advantage of the current situation.Â