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EU Pork Exports Down in January

27 March 2015

British Pig Executive

EU - The 28 countries of the EU exported less pork in January 2015 compared to the previous year, according to data from Eurostat.

At just shy of 124,000 tonnes, the EU-28 exported five per cent less pork compared to January 2015, which was before the Russian ban was imposed.

Unit values remained relatively stable but the decrease in volume resulted in a fall in overall income from fresh and frozen pork exports to €287 million.

Asia continued to dominate the market, despite a four per cent decrease in deliveries to China and less to Hong Kong. South Korea took 60 per cent more EU pork as disease continued to hinder its own production.

The US, equally, despite beginning to recover from PEDv, also took more EU pork to satisfy consumer demand, while Japan showed more recovery and decreased its need to import.

Australia continued to become an increasingly important recipient of EU pork, edging towards seven per cent of the market, double its share last January.

Offal exports from the EU were also lower in January 2015 than last year, by six per cent, reducing the value of this trade to €94.6 million. With a five per cent increase, however, China took over half of all EU offal exports as demand also supported a 14 per cent increase in unit price.

The Philippines and South Korea also received more, while Hong Kong reported a 42 per cent reduction. This goes some way to dealing with the issues of carcase balance, as the EU consumer shows a preference for prime cuts and the East for offal.

Cured and processed exports were down, by 13 per cent and 10 per cent respectively, with the US and Japan taking over a third of the total.

 

TheMeatSite News desk



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