Analysis

Increased Supply Cause Lower Frozen Pork Prices in Spain and Denmark

Frozen Pork Ham & Shoulder
Denmark
Spain
Published Dec 8, 2021
The wholesale price of frozen pork in Spain fell by -11.72% YoY to 2.24 USD/KG in W4 Nov 2021. The frozen pork price in Denmark also fell by -14.86% YoY to 1.27 USD/KG at the same time. The decline in price was related to the difficult situation of the frozen pork market in Europe. The increase in supply is not aligned with domestic demand and imports. The growth of domestic frozen pork production in China, which is the largest frozen pork export destination, also put pressure on imports. This will result in further price declines.
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