EU pork exports are declining sharply

Published 2024년 3월 3일

Tridge summary

In 2023, pork exports from EU member states saw a significant decline of 19.7%, the lowest since 2014, according to preliminary data from the EU Commission. This led to a decrease in export revenue by 1.61 billion euros or 11.3%, bringing it down to 12.58 billion euros. Despite the decline, China remained the EU's largest pork customer in terms of volume, although sales were down by a quarter compared to the previous year. The UK emerged as the EU's most valuable pork trading partner, with export revenue rising by 17% to 3.62 billion euros. Major exporters like Spain and Denmark experienced substantial drops in their sales.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to preliminary data from the EU Commission, a total of 4.38 million tonnes, measured in slaughter weight, were sold by the member states in third countries; That was 1.07 million tons or 19.7% less than in 2022. A year earlier, exports had already fallen by 14.4%. Last year's sales volume was the lowest since 2014. These figures take into account pork, live pigs, offal and fats. The weak sales also had a financial impact; The export revenue of EU providers fell by 1.61 billion euros or 11.3% to 12.58 billion euros compared to 2022. The decline in value was smaller than in quantity because the average value of a ton exported rose from 2,600 euros to 2,870 euros compared to the previous year. China and Great Britain are the top customers China remained the EU's most important pork customer in terms of volume in 2023. However, at around 1.20 million tonnes, the goods sold there were a quarter smaller than in the previous year. Frozen pork sales fell 40% to 531,600 tons; For ...
Source: Proplanta

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