As 2025 concluded with unpredictable fluctuations in Vietnam's pig farming industry, the beginning of 2026 has seen a rapid escalation in pork prices nationwide.
This surge not only reflects the recovery of supply and demand after a tumultuous year but also highlights the significant pressure from increased consumption demand as the Lunar New Year of the Horse approaches.
In the North, from January to July 2025, the average live pig price maintained around VND70,000 ($2.9) per kg. However, from August to October 2025, the market unexpectedly plummeted, with prices dropping to as low as VND48,000 – 50,000 per kg, causing heavy losses for many farmers, some even had to suspend operations. By the end of the year, as supply significantly decreased, live pig prices began to recover and surged back to approximately VND68,000 per kg by the end of December 2025.
Entering January 2026, the upward trend did not slow but intensified. In just the first half of January, live pig prices in many localities established a new range between VND72,000 - 74,000 per kg. Notably, on January 20, prices rose rapidly across the board, with common adjustments increasing by VND1,000 - 2,000 per kg compared to January 19. Currently, traders are purchasing live pigs at prices between VND68,000 - 76,000 per kg, depending on the region and the quality of the herd.
The Northern region continues to lead in live pig prices, with the highest levels nationwide, at VND77,000 per kg.
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